bank bailout

Italian Bank Stocks Slump After Defeated Renzi Resigns

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The euro swung wildly against the dollar and bank stocks in Italy slumped as the country appeared headed for a period of political and financial turmoil. Prime Minister Matteo Renzi said Monday that he would resign after his program of constitutional reform was rejected by Italians in a referendum, with the ‘No’ campaign winning nearly … Read more

Trump Picks Sessions For Attorney General

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President-elect Donald Trump has selected Sen. Jeff Sessions to be his nominee for the next attorney general, an official close to the transition process told CNN Friday. The official said the offer had been made officially but it was unclear as of Friday morning whether Sessions had accepted. Sessions, 69, is currently serving his fourth … Read more