Business

Office of Inspector General stated in its audit report that the Fed to further improve its safeguard of economic data. Particularly the information it provides to news outlet.

European Union Antitrust regulators decided to warn Halliburton on its acquisition of Baker Hughes. The merger is considered to hurt competition in the industry.

The US regulators announced that they would allow Freddie Mac and Fannie Mae to eliminate debt balances for several borrowers whose loan worth more than their assets. The debt reduction plan would serve as a final chance for earnestly delinquent debtors to save their homes from foreclosure.