KABUL/WASHINGTON - Revived Afghan peace talks hit their first roadblock on Wednesday, a day after they were announced, as Afghan President Hamid Karzai said his government would not join U.S. talks with the Taliban and would halt negotiations with Washington on a post-2014 troop pact. Full Article | Video
TOKYO/SYDNEY - Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on credit even as factory activity in the world's second largest economy hit a nine-month low.
WASHINGTON - The decision by the Securities and Exchange Commission to seek admissions of wrongdoing in select cases is expected to put pressure on other federal financial regulators to get tougher with their own Wall Street settlements. Full Article
WASHINGTON - More than a dozen FBI agents are assigned to a criminal probe into Internal Revenue Service scrutiny of conservative political groups, FBI Director Robert Mueller said, calling the case a "high-priority investigation" that needs to be pushed aggressively." Full Article
Forget the coasts. Meredith Whitney, author of the new book “Fate of the States," tells Breakingviews' Rob Cox that America’s interior states are the future growth engines of the U.S. economy. Video
To adapt to our new surveillance status quo we have to trust the state, the government, the politicians, the businesses, the bureaucracies, the police, the security forces, the journalists and, yes, ourselves. Commentary
In cash terms, the manipulation of supposedly objective reference rates and prices is a petty crime: relatively small gains for a few and microscopic losses for many. Ethically, though, the tolerance of untrustworthy behaviour makes the industry look particularly bad. Full Article