U.S. to Lower Financial Sector's Terror Threat Level
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The U.S. government will lower the  terror threat level for the financial services sector in New  York City, northern New Jersey and Washington, D.C., an  administration official said on Wednesday.
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The Department of Homeland Security on Wednesday lowered the terror warning level a notch for financial institutions in the New York metropolitan area and Washington, saying
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U.S. intelligence monitors are picking up less terror threat talk than a year ago, Homeland Security Secretary Tom Ridge said Thursday.
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A senior Bush administration official on Tuesday played down claims by rights activists that the federal government assigns terror risk scores to millions of people who enter or leave the United States.
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Many of the nation's biggest companies have cut back their sales expectations in recent days and the financial system is showing signs of new stress, evidence that the U.S. economy is more threatened by the sharp downturn in housing than it appeared to be only a few weeks ago.
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The Bush administration has stepped up a broad effort to choke off Iran's ability to finance militant groups and acquire weapons technology by cutting off suspect banks and firms from the international banking system, U.S. officials said yesterday.
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Three years after the Sept. 11  attacks, Americans are feeling less vulnerable while remaining  determined to fight terrorism, according to a survey released  on Tuesday.
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A plan by US banks to calm down rattled credit markets is dropped shortly before it was due to launch.
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NEW YORK (Dow Jones)--American depository receipts tip-toed into the red Monday, as concerns over a terrorist attack in Saudi Arabia and rising oil prices spooked investors.
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Republican presidential hopeful Rudy Giuliani called Tuesday for less federal control and more regional training to prepare U.S. communities for terrorist attacks and other disasters.
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Looser regulation abroad poses risks to American investors while leaving U.S. stock markets at a new competitive disadvantage.
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Britain lowered its terrorism threat level from the highest category on Wednesday and sources close to the investigation of last week's bomb plot said police now think they have caught the main suspects.
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LONDON -- With eight suspects in last weekend's attempted car-bomb attacks in custody, all of them foreign doctors or other medical professionals, Britain reduced its terrorism threat level from critical to severe yesterday and Prime Minister Gordon Brown announced more rigorous background checks on foreign doctors applying for visas to work in the United Kingdom.
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U.S. stocks dropped on Thursday, led lower by financial shares after an analyst warned of larger mortgage-related write-offs, while an assassination of Pakistan's' opposition leader Benazir Bhutto sparked fears of global unrest.
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Terrorism poses the biggest short-term threat to the US economy, a panel of top business economists said in a survey.
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WASHINGTON -- Terrorism has replaced weak employment growth and the ballooning budget deficit as the biggest immediate threat to the economy, the National Association for Business Economics said yesterday.
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Wall Street looked set to open lower on Friday after the latest fallout from the U.S. mortgage sector cropped up in Europe and before indicators that may shed light on the strength of consumer spending.