Personal Economics
  • Citigroup to pay $7 billion to settle U.S. mortgage probe

    Citigroup to pay $7 billion to settle U.S. mortgage probe

    By Aruna Viswanatha, Reuters

    (Reuters) - Citigroup Inc has agreed to pay $7 billion to resolve claims it misled investors about shoddy mortgage-backed securities in the run-up to the financial crisis, in a deal that includes the...

  • How to fix U.S. biosecurity leaks? Close some labs

    How to fix U.S. biosecurity leaks? Close some labs

    By Sharon Begley and Julie Steenhuysen, Reuters

    In the wake of disclosures that top government labs mishandled anthrax, smallpox and avian flu, U.S. health authorities are considering the once unthinkable: cutting the burgeoning number of labs...

  • Citi, U.S. $7 billion settlement announcement expected Monday

    Citi, U.S. $7 billion settlement announcement expected Monday

    By Karen Freifeld and Aruna Viswanatha, Reuters

    NEW YORK (Reuters) - Citigroup agreed to pay $7 billion to resolve a U.S. government investigation into shoddy mortgage-backed securities the bank sold in the run-up to the 2008 financial crisis in a...

  • U.S. House panel sets witness list for CDC anthrax hearing

    U.S. House panel sets witness list for CDC anthrax hearing

    By Reuters

    WASHINGTON (Reuters) - A U.S. congressional committee said on Sunday that it will hear from half a dozen witnesses this week about dangerous lapses at federal health facilities, including one that...

  • After decades of disappointment, Berlin's economy looks up

    After decades of disappointment, Berlin's economy looks up

    By Stephen Brown, Reuters

    BERLIN (Reuters) - It has taken a quarter of a century longer than hoped but Berlin is now glimpsing the prosperity that was supposed to land in its lap after the Wall came down in 1989 and it was...