WASHINGTON, Sept. 25 (UPI) -- Foreign financial leaders have waived off the idea of engineering major bailouts for their own countries, leaving the United States to manage the triage alone.
WASHINGTON, Sept. 16 (UPI) -- The Federal Open Market Committee kept the U.S. central bank's key funds rate unchanged in spite of pressure to add liquidity to struggling financial markets.
WASHINGTON, Sept. 16 (UPI) -- Turmoil in the financial markets Tuesday overshadowed the U.S. Federal Reserve Bank's regularly scheduled meeting following Monday's market shifts.
WASHINGTON, Sept. 15 (UPI) -- Financial market adjustments may hurt now, but U.S. President George Bush expressed confidence in the capital market's long-term resiliency.
LONDON, Sept. 15 (UPI) -- Lehman Brothers' fall jolted global financial markets, perhaps leading European banks to be reluctant to lend to each other, a global economist said Monday.
NEW YORK, Sept. 14 (UPI) -- Talks aimed at rescuing Lehman Brothers Inc. investment bank were fruitless but Merrill Lynch found a buyer in Bank of America Sunday, The New York Times said.
WASHINGTON, Sept. 12 (UPI) -- U.S. regulators are pitching in to carve out a scenario for Lehman Brothers Holdings that would have the least damage to financial markets, sources said.
WASHINGTON, Sept. 11 (UPI) -- The U.S. government is trying to broker a sale of troubled investment bank Lehman Brothers, The Washington Post reported Thursday.