Policy: Economy

Derivatives regulator CFTC's 'revolving door' move to industry group criticized

By Joseph Lawler | 07/23/14 11:27 AM

An outgoing commissioner of the regulatory agency that oversees derivatives contracts will become the CEO of the International Swaps and Derivatives Association, a trade group for firms that engage in derivatives transactions, according to a statement from the ISDA Wednesday.
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US stocks drift higher following mixed earnings

07/23/14 04:08 PM

NEW YORK (AP) — U.S. stock indexes edged mostly higher as traders looked over a mixed batch of corporate earnings. The meager gains were enough to mark another high close for the Standard & Poor's 500 index. The S&P 500 edged up three points, or 0.2 percent, to 1,987. That was two points...
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IMF sees US growth at weakest since recession

07/23/14 03:58 PM

WASHINGTON (AP) — U.S. economic growth this year will likely be at the weakest pace since the Great Recession ended, the International Monetary Fund said, mostly because of a sharp, weather-related contraction in the first quarter. But the global lending organization said Wednesday that it...
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