When racial tensions were at an all-time high, there was a cobblestone street in East Hattiesburg that disenfranchised blacks transformed into a thriving community. That community became a business mecca for minorities from the 1950s into the civil right

China's central bank will lower the ratio of funds that banks must hold as reserves in a move that frees tens of billions of dollars for lending and aims to help spur slowing economic growth. The reserve requirement ratio for major commercial banks will

By Joe Parkinson ISTANBUL—Amid tightening U.S. and European Union sanctions against Iran, almost all of Turkey's banks have stopped handling trade deals with the Islamic Republic, leaving one Turkish lender to rake in all that business: state-owned Halkb

SHANGHAI, Feb 17 (Reuters) - The People's Bank of China (PBOC) conducted a net drain of 9 billion yuan ($1.43 billion) from the banking system this week, according to Reuters calculations. The PBOC has injected 73 billion yuan so far this year. Last year

* Says to use a mix of policy tools to guide credit growth * Sees upward price pressures due to loose global liquidity * Aims for 14 pct M2 growth in 2012, in line with expectations BEIJING, Feb 15 (Reuters) - China still needs to prevent a rebound in co

I noticed the city of Medford, I'm guessing, installed some orange or yellow cones along Highland Drive just north of Barnett Road. I'm wondering if they had accidents along there and installed the cones to prevent people from turning left across traffic

A Litchfield pair, charged in connection with the robbery of a People's Bank branch at the Mountview Plaza Saturday afternoon, allegedly used disguises and diversion tactics to veer officers from their trail, according to police officials. Joshua Habib,

In a change that will save money for the state — as well as for people who do not have bank accounts — Connecticut is moving away from paper checks for state income tax refunds and, instead, will issue hundreds of thousands of debit cards. Anyone filing

Ohio University campus police on Friday said that a threat was over after an alleged bank robber was spotted on campus Thursday night. Police Chief Andrew Powers said that he believed Billy Caudill was on campus in the area of Union and Shaffer streets a

CARROLL -- Bloom Carroll Schools are in lock down status because of an armed robbery at a local bank. The Fairfield County Sheriff's Office says a teller at The People's Bank in Carroll was robbed at gunpoint about 10 a.m. The district says the students

People's Bank of Commerce today reported fourth-quarter 2011 earnings of $213,000 or 19 cents per share, compared with $110,000 or 11 cents per share a year earlier. The strong final three months capped a year when the bank earned $528,000, or 47 cents p

KNOXVILLE (WATE) - A man robbed a West Knoxville bank Monday afternoon and investigators are asking for help to identify him. The robber went in First People's Bank at 7100 Kingston Pike at 2:20 p.m. , brandished a dark-colored, semi-automatic handgun and

Knoxville Police and the FBI are asking for the public's help to track down a bank robber. Around 2:20 on Monday, the man entered the First People's Bank at 7100 Kingston Pike in Knoxville, brandished a dark-colored, semi-automatic handgun and demanded m

SHANGHAI Jan 16 (Reuters) - The People's Bank of China (PBOC) will conduct reverse repurchase business on Tuesday and Thursday to inject funds into the market ahead of the week-long Lunar New Year next week, traders said on Monday. The PBOC asked banks

China's foreign exchange reserves have declined on a quarterly basis for the first time in a decade, indicating a need for the country to shore up market liquidity. According to the data released by the People's Bank Of China, the country's foreign excha

* China warns against lending surge early in year-sources * Shanghai banks should cap Q1 lending at 40% of 2011 loans * Shanghai banks told to limit Jan loans at 35% of Q1 quota (Adds details) SHANGHAI, Jan 13 (Reuters) - China's central bank has instru

China's latest gold figures look unrelentingly bullish. Too bullish perhaps... SO "GROWTH has [now] replaced inflation as Beijing's top policy concern," says Qu Hongbin, Asian economics expert at HSBC in Hong Kong, forecasting three cuts to China's banki

* Policy seen tilting towards support for growth * Food price inflation sticky, will keep Beijing wary * Growth figures to be released next week BEIJING, Jan 12 (Reuters) - China's inflation rate eased to a 15-month low in December, though sticky food pr

Romney wasn't the only candidate to attack Gingrich in Iowa. Ron Paul and Rick Perry got their licks in too, though Gingrich seemed most stung by Romney's attack ads. Newt's 37 years as a Washington player — in and out of office — made it easy for his op