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Anxious investors look for calm

NEW YORK (Reuters) - Shell-shocked stock investors will search next week for calm to return to markets after the worst three weeks for stocks in 2 1/2 years.

Recent Business News

Top bankers to see sharp drop in bonuses: report

NEW YORK (Reuters) - Top bank executives may see their bonuses cut by as much as 30 percent this year compared with 2010, according to a projection from a compensation consulting firm released on Friday.

12 Aug 2011

Italy delivers tough austerity measures

ROME (Reuters) - Prime Minister Silvio Berlusconi announced a painful mix of tax increases and spending cuts on Friday to meet European Central Bank demands for action on shoring up Italy's strained public finances.

Italy, Regulatory News 6:36am EDT

FBI sees mortgage fraud growing as economy stumbles

WASHINGTON (Reuters) - Mortgage and investment schemes targeting troubled U.S. homeowners jumped in 2010 and may increase further if the economy does not improve, the FBI said on Friday.

12 Aug 2011

New stimulus seen if recession hits Canada: Finance minister

TORONTO (Reuters) - Canada would consider fresh stimulus for its economy if it slipped into recession, its finance minister said on Saturday, a move that could complicate plans to return to a balanced budget by 2014/15.

9:02pm EDT

No plan to change GDP forecast after austerity: Tremonti

ROME (Reuters) - Italy does not currently plan to change its economic growth forecasts as a result of its latest austerity plan, Economy Minister Giulio Tremonti said on Saturday.

8:05am EDT
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Special report: The "shorts" who popped a China bubble

By Daniel Bases, Ryan Vlastelica, Clare Baldwin and Mark Bendeich

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Special Report: China's shortcut to Wall Street

Articles in this series are exploring the extent and impact of corporate secrecy in the United States.

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Special report: Banks still robo-signing

NEW YORK/IMMOKALEE, Florida (Reuters) - America's leading mortgage lenders vowed in March to end the dubious foreclosure practices that caused a bruising scandal last year.

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