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MetLife in the dark as 'too big to fail' label looms

By Joseph Lawler | 09/02/14 05:00 AM

MetLife in the dark as 'too big to fail' label looms

For more than a year, a regulatory super-group has investigated whether MetLife poses a systemic risk to the financial system if it fails, the way that insurer AIG did in the 2008 crisis.
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Shares mostly rise while dollar gains on euro, yen

Shares mostly rise while dollar gains on euro, yen

By ELAINE KURTENBACH | 09/02/14 01:27 PM

TOKYO (AP) — World stocks were mostly higher Tuesday as investors awaited central bank meetings later this week in Europe and Japan as well as U.S. employment figures. The dollar extended its rally against the euro and the yen on expectations the Fed will be the first major central bank to raise...
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Obama: 'Revving' economy calls for higher wages

Obama: 'Revving' economy calls for higher wages

By JIM KUHNHENN | 09/01/14 04:49 PM

MILWAUKEE (AP) — President Barack Obama renewed his push for Congress to raise the minimum wage Monday in a buoyant accounting of the economy's "revving" performance, delivered on behalf of Democrats opening their fall campaigns for the midterm congressional elections. "America deserves a...
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