News & Commentary

By Gretchen Morgenson and Louise Story Weeks after rescuing the American International Group with an $85 billion taxpayer loan in late 2008, Federal Reserve Board

By Rob Kirby According to the most recent data from the U.S. Office of the Comptroller of the Currency, the notional value of derivatives held

“My grandmother was not a highly educated woman, but she told me as a small child to quit feeding stray animals. You know why? Because

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By Nick Turse One moment there was the hum of a motor in the sky above. The next, on a recent morning in Afghanistan’s Helmand

By Joe Weisenthal and Kamelia Angelova View Larger Chart In the last several days, a view emerged that the tightening has un-officially begun. Continue reading

By David Voreacos, Carlyn Kolker and Klaus Wille A Swiss court ruling that impedes the Internal Revenue Service’s ability to collect data on 4,450 UBS

By Michael Shuman Since the global financial system unraveled in 2008, U.S. policymakers have struggled heroically to improve the performance and oversight of global banks