US warning against complacency in effort to overhaul global financial system

PITTSBURGH — The Obama administration on Wednesday cautioned against complacency on the eve of a global economic summit, arguing that signs of an economic revival are not grounds for abandoning a significant overhaul of the world’s financial system.

House chairman says Congress will boost federal regulators’ power to monitor derivatives

WASHINGTON — The chairman of the House Financial Services Committee says that Congress will “substantially” increase the power of federal regulators to monitor derivatives, a type of financial instrument that contributed to the economic turmoil.

Calendar of major business events scheduled for Thursday

Major business events scheduled for Thursday

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