NEW YORK (Reuters) - The U.S. Federal Reserve said on Tuesday it added $5 billion of temporary reserves to the banking system through 2-day repurchase agreements.
The Fed said the collateral accepted on the 2-day repurchase was made up of $4.125 billion of Treasuries and $875 million of agencies. A total of $42.9 billion in bids were submitted for the 2-day repurchase.
WASHINGTON (Reuters) - The Obama administration said on Sunday it was investigating whether al Qaeda was involved in a Christmas Day attempt to blow up a passenger jet and sought to head off Republican attacks over its anti-terrorism measures. | Video
The attraction of bombing airliners means the aviation industry has to be constantly vigilant in its fight against attackers. Full Article
With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead. Full Article
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