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| Jan.20 |
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US shutdown: Trump and Democrats blame each other. U.S. Senate
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| Dec.20 |
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Trump hails 'largest tax cut' in US history Washington: US President has hailed sweeping tax reforms after they were given final approval by Congress, despite fierce criticism by Democrats
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| Nov.16 |
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House Republicans pass $1.4tn tax overhaul bill. House of Representatives
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| Nov.2 |
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Trump nominates Jerome Powell as Fed chair. Washington
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| Sep.27 |
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Trump outlines major tax cut plans |
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| Sep.7 |
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About 143m customers affected by Equifax cyber incident |
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| Apr.14 |
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US government 'hacked global bank system' |
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| Oct.2 |
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Trump 'a genius' if he paid no taxes - allies |
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| Aug.30 |
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Apple should pay up to €13bn in back taxes. European Union
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| Jul.20 |
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1MDB: Malaysia 'will co-operate' with US investigation |
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| May.8 |
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Trump in apparent reverse on taxes for rich |
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| May.1 |
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Puerto Rico to default on debt payment after talks fail |
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| Jan.20 |
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US wasted millions on Afghan reconstruction, says watchdog |
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| Jan.4 |
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Puerto Rico misses second major debt payment as economy struggles |
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| Dec.16 |
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US Fed raises interest rates by 0.25% Washington: The US Federal Reserve has raised interest rates by 0.25 percentage points - its first increase since 2006
| The move takes the range of rates banks offer to lend to each other overnight to between 0.25% and 0.5%. Rates in the US have been at near-zero since 2008
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| |
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| Jan.18 |
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Obama to seek tax raises on wealthy |
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| Dec.11 |
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US House passes $1.1tn budget bill. House of Representatives
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| Sep.12 |
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Ukraine crisis: US strengthens sanctions on Russia Washington: The US government has imposed new sanctions on major Russian banks, defence and energy companies
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| Jul.30 |
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Argentine debt talks end in failure |
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| Nov.19 |
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JP Morgan in record $13bn settlement. Manhattan
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| Oct.9 |
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Janet Yellen nominated by Obama to head US Federal Reserve 
Washington: US President Barack Obama has officially nominated Federal Reserve vice-chair Janet Yellen to be the next head of the US central bank
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| Oct.2 |
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Obama warns of US default danger |
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| Apr.5 |
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Obama 'offering to cut US pensions' |
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| Mar.1 |
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Obama signs budget cuts into effect Washington: US President Barack Obama has signed into effect a wave of steep spending cuts which he has warned could damage the US economy
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| Feb.4 |
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US 'will sue' Standard & Poor's. New York
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| Jan.7 |
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US bank to pay $12bn settlement. North Carolina
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| Jan.1 |
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President Obama praises US 'fiscal cliff' deal | Washington: Obama has hailed a deal reached to stave off drastic taxation and spending measures as 'just one step in the broader effort to strengthen the economy' | |
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| Dec.31 |
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US Senate approves key tax deal U.S. Senate: The US Senate has approved a deal to avert tax hikes and spending cuts known as the 'fiscal cliff'
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| |
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US to miss 'fiscal cliff' deadline Washington: The US will miss a midnight deadline and head over the 'fiscal cliff'', after the House of Representatives said it would hold no vote on Mon...
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| Dec.27 |
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Senate leader Harry Reid voices fiscal cliff fear U.S. Senate: The US appears to be heading over the 'fiscal cliff', with prospects dim for a deal to avoid tax rises and spending cuts, the US Senate leader...
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| Dec.10 |
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HSBC 'to pay $1.9bn' in US deal London: HSBC is to pay US authorities $1.9bn (£1.2bn) in a settlement over money-laundering, say reports, the largest ever in such a case
|
| Dec.5 |
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Citigroup in 11,000 staff cull |
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| Nov.9 |
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Obama to address looming fiscal cliff |
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| Sep.13 |
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Fed acts to bolster US economy. Washington
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| Jun.21 |
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Moody's downgrades 15 major banks
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| Apr.16 |
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American Jim Yong Kim named World Bank chief New York: Jim Yong Kim was tapped to be the next president of the World Bank, besting Nigerian finance minister Ngozi Okonjo-Iweala
|
| Mar.23 |
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Surprise US World Bank candidate |
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| Feb.9 |
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US banks in mortgage settlement |
|
| Jan.24 |
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Wealthy Romney reveals 14% taxes |
|
| Jan.13 |
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9 eurozone nations downgraded by S&P| New York: Standard & Poor's said Friday that it has downgraded the credit ratings of nine euro area governments, including AAA-rated France and Austria | |
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| Dec.17 |
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US Senate passes key funding bill. U.S. Senate
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| Oct.26 |
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FBI detains ex-Goldman Sachs man. Connecticut
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| Sep.25 |
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Eurozone rescue plan 'emerging'. Washington
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| Sep.21 |
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Fed launches stimulus initiative |
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| Sep.19 |
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Obama outlines US deficit plans. Washington
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| Sep.17 |
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New Obama plan to tax wealthiest. Washington
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| Sep.1 |
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US 'to sue banks over mortgages' |
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| May.18 |
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IMF chief resigns over sex charge. New York
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| Apr.13 |
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Obama urges cuts and taxing rich |
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| Jan.31 |
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US spending 'best in three years' |
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| Jan.27 |
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US financial crisis 'avoidable' |
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|
| Nov.3 |
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Fed pumps $600bn into US economy |
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| Oct.6 |
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Dollar falls to 15-year low against yen |
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| Sep.30 |
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'US bill on yuan would hurt both countries' |
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| Jul.21 |
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Obama signs financial reform law |
|
| Jul.15 |
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US financial reform passed by Senate |
|
| May.20 |
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Senate approves reforms of Wall Street |
|
| Apr.28 |
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Republicans allow financial reform debate |
|
| Apr.27 |
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Goldman Sachs' under fire at hearing |
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| Apr.24 |
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Goldman executives in crash profit boasts |
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| |
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US urges quick action on Greece at IMF |
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| Apr.22 |
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Obama pushes case for bank reform bill |
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| Apr.16 |
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Goldman Sachs accused of fraud |
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| Jan.21 |
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Obama pushes new bank regulation Washington: US President has proposed significant new curbs on the activities of banks to try to prevent future financial crises, include limits to the size...
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|
| Dec.14 |
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Obama tells US banks to lend more |
|
| Nov.1 |
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CIT Group files for US bankruptcy |
|
| Oct.21 |
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Plans bailout firm bonus cut |
|
| Oct.15 |
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US banks' profits beat forecasts |
|
| Sep.14 |
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Bank crisis lessons 'not learned' |
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| |
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Obama issues warning to bankers |
|
| Jul.14 |
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Goldman Sachs sees bumper profit |
|
| Jul.13 |
|
US budget deficit at $1 trillion |
|
| Jun.29 |
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Fraudster Madoff gets 150 years New York: Bernard Madoff has been given the maximum prison sentence for masterminding a massive fraud that robbed investors of $65bn
|
| Jun.4 |
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Fraud charge for Countrywide boss |
|
| May.7 |
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Ten US banks fail 'stress tests' |
|
| Apr.22 |
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Freddie Mac chief found dead |
|
| Apr.6 |
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Stanford: 'Clients lost no money' |
|
| Mar.23 |
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US unveils $1tn toxic asset plan. Washington
|
| Mar.19 |
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US lawmakers vote for bonus tax |
|
| Mar.12 |
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Madoff admits $50bn fraud scheme |
|
| Feb.19 |
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Missing billionaire found |
|
| Jan.16 |
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Citigroup to split as losses grow |
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|
| Dec.19 |
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Bush unveils $17.4bn car bail-out |
|
| Dec.13 |
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Top investors 'hit by $50bn con' New York: Some of the world's wealthiest private and corporate investors are reported to be victims of an alleged fraud by Wall Street broker Bernard Madoff
|
| Dec.11 |
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Bank of America cuts 30,000 jobs |
|
| Nov.25 |
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US Fed announces $800bn stimulus Washington: The Federal Reserve is to inject another $800bn into the US economy in a further effort to stabilise the financial system
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| Nov.23 |
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Citigroup secures U.S. government lifeline |
|
| Nov.17 |
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Citigroup job cull to hit 75,000. New York
|
| Nov.14 |
|
World leaders grapple with crisis. Washington
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| Oct.29 |
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Treasury spends $125 billion on 9 banks |
|
| Oct.10 |
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G7 nations pledge to fight crisis |
|
| Oct.8 |
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World's central banks slash interest rates. London
|
| Oct.3 |
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House backs $700bn bail-out plan House of Representatives: The House of Representatives has passed by 263-171 vote a government plan to rescue the US financial sector
|
| Oct.1 |
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Senate backs new bail-out bill |
|
| Sep.29 |
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$700 billion bailout package failed. House of Representatives
|
| Sep.28 |
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US lawmakers publish rescue deal |
|
| Sep.26 |
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Bailout talks implode |
|
| Sep.24 |
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Bush: Bail-out 'vital to easing crisis' |
|
| Sep.21 |
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US banks make shock status switch. New York
|
| Sep.19 |
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Bush hails financial rescue plan Washington: President George W Bush : The US is set to take 'unprecedented measures' to tackle the crisis gripping US financial markets
|
| Sep.17 |
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Barclays agrees $1.75B Lehman deal. United Kingdom
|
| Sep.14 |
|
Lehman Bros files for bankruptcy New York: The 4th-largest investment bank in the US will file for bankruptcy protection, amid a growing global financial crisis
| The move dealed a further blow to the global financial system. It was a primary dealer in the U.S. Treasury securities market. The filing marked the largest bankruptcy in U.S. history
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| |
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| Sep.7 |
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US takes over key mortgage firms Washington: US financial officials have outlined plans for the government to take over Freddie Mac and Fannie Mae, the largest bail-outs in US history
|
| Aug.5 |
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Iraq's projected $80b surplus stirs anger U.S. Congress: U.S. auditors: Iraq is raking in more money from oil exports than it is spending, amassing a projected 4-year budget surplus of up to $80 bi...
|
| Jul.16 |
|
US inflation rate at 26-year high |
|
| Apr.18 |
|
Citigroup sees second giant loss |
|
| Mar.18 |
|
Federal Reserve slashes rates by 0.75. Washington
|
| Mar.16 |
|
JPMorgan to acquire Bear Stearns |
|
| Mar.11 |
|
Central banks plan emergency cash |
|
|
| Dec.12 |
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Central banks act on credit fears |
|
| Aug.10 |
|
Central banks pour money into system |
|
|
| Sep.7 |
|
Bush seeks $50bn hurricane relief |
|
|
| Dec.23 |
|
Battered dollar hits another low
|
|
| Sep.7 |
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Bush to ask 87 billions more for Iraq Washington: President has told the American people that Iraq is ''now the central front' in a global war against terrorism
|
| Aug.27 |
|
Bremer: Iraq effort to cost tens of billions. Washington
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|
| Jun.25 |
|
WorldCom in accounting trouble, cut jobs. New York
|
| Jun.15 |
|
Andersen guilty in Enron case |
|
|
| Oct.3 |
|
Bush package to boost economy |
|
| Sep.12 |
|
Insurers face claims up to $15bn |
|
| Jul. 22, 1944 |
|
Bretton Woods Conference ends 
Map of Mount Washington Hotel Bretton Woods New Hampshire New Hampshire| New Hampshire: The United Nations Monetary and Financial Conference, to regulate the international monetary and financial order after the conclusion of World War II | |
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Main Event: Trump hails 'largest ...