| SEC chief economist leaving |
| WASHINGTON -- The chief economist of the Securities and Exchange Commission, who is an expert on the financial instruments that figured largely in the 2008 crisis, is leaving his position for the private sector. |
| Read More...(Source: - Tue, 09 Mar 2010 19:25:02 EST) |
| Analysis: Greece's crisis could presage America's |
| WASHINGTON -- Greece is a financial basket case, begging for international help. Is America heading down that same road? |
| Read More...(Source: - Tue, 09 Mar 2010 18:42:42 EST) |
| Governor candidate wants to open Mich. state bank |
| LANSING, Mich. -- Lansing Mayor Virg Bernero on Tuesday proposed having Michigan follow the lead of North Dakota and open a state-owned bank that could make low-interest loans to businesses and college students. |
| Read More...(Source: - Tue, 09 Mar 2010 18:16:17 EST) |
| How the major stock indexes fared on Tuesday |
| -- Financial companies led stocks higher Tuesday on the one-year anniversary of the market's hitting a 12-year low. The gain in bank stocks came as traders reacted to rumors that the government might prohibit the trades known as short sales in the stocks of companies it owns. Such a move would be aimed at preventing sharp drops in stocks including Citigroup Inc. and American International Group Inc. |
| Read More...(Source: - Tue, 09 Mar 2010 18:03:05 EST) |
| Stock investors ask: What's the next big thing? |
| NEW YORK -- A year after the stock market began its comeback from 12-year lows, investors are looking for the next big thing. |
| Read More...(Source: - Tue, 09 Mar 2010 18:00:54 EST) |
| Shares of bailed out companies surge |
| WASHINGTON -- Shares of four companies that have received huge infusions of taxpayer cash soared Tuesday after a report that the government would sell its stake in Citigroup Inc. raised hopes that other bailed-out companies would follow. |
| Read More...(Source: - Tue, 09 Mar 2010 17:52:28 EST) |
| Telecoms lead Wall St rise |
| NEW YORK (Reuters) - One year to the day after stocks fell to their worst close in more than 12 years, the U.S. market spent most of Tuesday spinning its wheels. |
| Read More...(Source: - Tue, 09 Mar 2010 16:44:01 EST) |
| Woes at family bank loom over Ill. Senate race |
| CHICAGO -- With the public still furious over bank bailouts, Democrats desperate to keep President Barack Obama's old Senate seat are scrambling to counter revelations that a bank owned by their candidate's family may be nearing collapse. |
| Read More...(Source: - Tue, 09 Mar 2010 15:10:15 EST) |
| US Bancorp CEO's compensation falls 2 percent |
| NEW YORK -- U.S. Bancorp CEO Richard Davis took home 2 percent less in total compensation in 2009 than he did the previous year. |
| Read More...(Source: - Tue, 09 Mar 2010 14:05:46 EST) |
| Leibovitz can keep portfolio under new debt deal |
| NEW YORK -- Annie Leibovitz, the photographer who mismanaged her fortune so badly that she faced losing legal rights to some of pop culture's most enduring images, has reached a long-term agreement with a private investment firm to help manage her debt and market her vast portfolio, both sides said Tuesday. |
| Read More...(Source: - Tue, 09 Mar 2010 13:29:10 EST) |
| S&P rally slumps after stocks decline |
| U.S. stocks declined last week, trimming the Standard & Poor's 500-stock index's rally for this month as unexpected drops in consumer confidence and equipment orders signaled that the economic recovery might lose momentum. |
| Read More...(Source: - Sun, 28 Feb 2010 00:00:00 EST) |
| Earnings, manufacturing reports give stocks a boost |
| U.S. stocks had their best week in more than three months as improving earnings and better-than-expected reports on manufacturing bolstered optimism that the economy is gaining momentum. |
| Read More...(Source: - Sun, 21 Feb 2010 00:00:00 EST) |
| U.S. stocks rise for the first time in 5 weeks |
| U.S. stocks rose for the first time in five weeks after European officials pledged to help close Greece's budget deficit and the U.S. economy gained momentum, overshadowing China's actions to limit inflation. |
| Read More...(Source: - Sun, 14 Feb 2010 00:00:00 EST) |
| Stocks fall for the week on concerns over euro-zone economies |
| U.S. stocks fell for a fourth straight week, the longest streak since July, as concern grew that widening budget deficits in Europe will slow the economic recovery. A 167-point rally in the Dow Jones industrial average during the final hour of trading Friday failed to erase losses. |
| Read More...(Source: - Sun, 07 Feb 2010 00:00:00 EST) |
| Tech stocks battered as earnings disappoint |
| U.S. stocks declined for a third straight week, giving the Standard & Poor's 500-stock index its worst month since February, as technology companies missed earnings estimates and surging Greek bond yields triggered a flight from riskier assets. |
| Read More...(Source: - Sun, 31 Jan 2010 00:00:00 EST) |
| Obama bank plan, China's moves to cool economy boost fear factor on Wall Street |
| U.S. stocks fell for a second straight week, sending the market to its biggest drop since October, as banks plunged on a White House proposal to limit financial risk-taking and China moved to cool economic growth. |
| Read More...(Source: - Sun, 24 Jan 2010 00:00:00 EST) |
| Stocks retreat after hitting 15-month high |
| U.S. stocks fell last week, pulling the Standard & Poor's 500-stock index down from a 15-month high, as profits at Alcoa and J.P. Morgan Chase disappointed investors. |
| Read More...(Source: - Sun, 17 Jan 2010 00:00:00 EST) |
| Stocks rally to start the new year |
| U.S. stocks advanced last week, pushing the Standard & Poor's 500-stock index to its steepest weekly gain in two months, as the nation's manufacturing increased more than forecast and metal and oil prices surged. |
| Read More...(Source: - Sun, 10 Jan 2010 00:00:00 EST) |
| Down week ends S&P index's worst decade |
| U.S. stocks fell last week, but the Standard & Poor's 500-stock index still finished the year with its biggest annual increase in six years. However, the major rally that began in March couldn't prevent the index from posting its worst decade ever. |
| Read More...(Source: - Sun, 03 Jan 2010 00:00:00 EST) |
| Despite ghastly start, stocks finish 2009 with strong gains |
| NEW YORK -- U.S. stocks ended a mercurial year with a nearly 24 percent gain, rebounding from the biggest loss since the Great Depression with a rally many investors had not seen in their lifetime. |
| Read More...(Source: - Fri, 01 Jan 2010 00:00:00 EST) |