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| Financial News  Yahoo! Finance: Top Stories Senators back bill to pressure China on currency (AP) A group of 14 U.S. senators unveiled legislation Tuesday that seeks to increase pressure on China to let its currency to rise in value against the dollar, saying Chinese "currency manipulation" is hurting the U.S. economy. Bernanke to wage fresh battle for Fed powers (AP) Federal Reserve Chairman Ben Bernanke plans to wage a fresh battle against Senate efforts to scale back the Fed's role in supervising the nation's banks. CIT Group posts 4Q loss of $1 billion (AP) CIT Group on Tuesday said it lost $1 billion in the fourth quarter, excluding a huge one-time reorganization benefit. The company also recorded a full-year loss of $4 million as losses from bad loans more than offset financial benefits from its bankruptcy reorganization. | The International Business Directory provides this financial section for stock reports and analysis. Use the pop-up currency converter to check the latest currency conversions. | Investments |