US Treasury Secretary Timothy Geithner on Tuesday warned jobless Americans they face a torrid year ahead, predicting continued high unemployment levels despite advances "sometime this spring." Speaking in Congress, Geithner said some improvements in the decimated US job market would come soon, but not enough to eat into the near double-digit unemployment that has brought the crisis into ordinary Americans ...

US Treasury Secretary Timothy Geithner on Tuesday warned jobless Americans they face a torrid year ahead, predicting continued high unemployment levels despite advances "sometime this spring." In testimony prepared for Congress, Geithner said some improvement in the decimated US job market would come soon, but it would not be enough to eat into near double-digit unemployment levels. In a statement ...

WASHINGTON (Reuters) - A day after U.S. Senate bipartisan talks on financial reform collapsed, Treasury Secretary Timothy Geithner sought to revive hope that Congress can still complete a bill to overhaul financial rules. It is in the U.S. domestic interest to make the financial system more stable and to show others that the United States can set an example ...

European officials on Thursday defended planned new EU legislation regulating high-end financial services from "protectionist" charges, amid anger from US Treasury chief Timothy Geithner. Michel Barnier, European Commission financial services overlord received a letter from Geithner "regarding plans to regulate speculative funds and alternative funds," commission spokesman Amadeu Altafaj told journalists. A report in the Financial Times said Geithner's ...