High-speed trading risk caused by SEC rules, execs tell panel

Posted: July 9, 2014 at 2:29 a.m.

A technology arms race that risks destabilizing U.S. stock markets was triggered by regulations intended to promote competition among the exchanges, Wall Street executives told the Senate Banking Committee on Tuesday.

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Efficacy of U.S., China talks to be tested am...

U.S. Secretary of State John Kerry, center, U.S. Ambassador to China Max Baucus, left, and Treasury Secretary Jack Lew, right, climb to the top of the Badaling Section of the Great Wall of China in Beijing, China, Tuesday, July 8, 2014.

The United States and China will spend time over the next couple of days testing whether their annual Strategi... Read »

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Vehicle sales fuel loan rise in May

Consumer borrowing in the U.S. surged again in May as Americans took out more loans to purchase cars. Read »