Presumed Republican presidential nominee Mitt Romney, pressing to quiet debate over his wealth and business practices, is charging President Barack Obama with stressing his own re-election over job creation and being hostile to economic success.
David Graeber likes to say that he had three goals for the year: promote his book, learn to drive, and launch a worldwide revolution. The first is going well, the second has proven challenging, and the third is looking up.
Washington Mutual Inc. ’s official shareholders’ committee followed up on a suggestion made by the bankruptcy judge and filed another request for an examiner to investigate the merits of a proposed settlement with the Federal Deposit Insurance Corp. and JPMorgan Chase & Co.
The Federal Reserve’s planned $600 billion in Treasury purchases helped improve the U.S. economic outlook and the policy debate may turn to whether to reduce the program scheduled through June, St. Louis Fed President James Bullard said.