The dollar continued its rise, gaining ground against the euro and rising to a nearly two-year high against the British pound.
MBIA Inc. and Ambac Financial Group Inc. rallied in early trading following a positive report from Standard and Poor’s.
The firm is accused of misleading an issuer of student loans in that state by urging it to buy auction rate securities.
Martin Liechti has returned to Switzerland more than three months after he was detained material-witness warrant.
A federal judge has approved Citigroup Inc.'s $33 million class action settlement with female brokers.
Over the past 12 months, the annual inflation rate has risen 5.6%, marking the largest increase since January 1991.
The number of homes receiving foreclosure notices surged to 272,171 in July, up 8% from June.
The firms will buy back a total of about $7 billion of auction rate securities from retail investors.
In an unexpected move, the nation's trade imbalance in June fell to $56.8 billion, a 4.1% decline.
Conseco said that it plans to transfer Conseco Senior Health Insurance, its long-term care unit, to an independent trust.
