Stocks edged higher in another choppy, thin-volume session Wednesday after investors largely shrugged off news that ISM non-manufacturing index slipped last month and China's latest interest rate increase.
Also: Portugal raised $1.2 billion in a 3-month debt auction, a day after having their debt cut by 4 notches to debt by Moody's. The bad news is they paid a steep price: 4.96 percent. The Portugese stock market is down 2.6 percent this morning.
With all the bearishness on the dollar out there, you would think investors would be racing for the exits. Um, not just yet.
Stocks ended lower Friday with the Dow and S&P closing down for the seventh week out of eight amid continuing jitters over the euro zone debt crisis.
Stocks slumped with the Dow and S&P on track for their third-straight day of losses Friday as uncertainty over the passage of a Greek austerity plan in addition to worries over Italian banks overshadowed a better-than-expected durable goods report.
Stocks slumped across the board Friday, as uncertainty over the passage of a Greek austerity plan in addition to worries over Italian banks overshadowed a better-than-expected durable goods report.
It started with Italy — Moody's said it was considering downgrading the creditworthiness of Italian banks.
Emerging Asia’s wealthy are getting richer twice as fast as their peers in other regions. For private banks, which generally seek clients with at least $1 million in investable assets, that sounds like a licence to print money. The FT reports.
As Wall Street cuts bonuses and raises base salaries instead, banks are looking at layoffs more often to cut costs when profits fall.
In a blow to Wall Street, a federal appeals court today ruled that a website could not be barred from immediately reporting on the stock recommendations of stock analysts.
Faced with weak markets and uncertainty over regulations, many of the biggest Wall Street firms are preparing for deep cuts in jobs and other costs, the NYT reports.
Global regulators are poised to set tighter capital requirements for about 30 of the world’s biggest banks, to ensure the next financial crisis can be contained, the FT reports.
Stocks fluctuated in thin trading Thursday as investors showed skepticism over Greece's ability to resolve their growing debt crisis and ahead of the quadruple witching at the end of the week.
You can say all kinds of nice things about Google’s Chromebook laptop concept. You can say it’s ahead of its time. Or that it’s thinking way, way outside the box. Or that, as failures go, at least this one swung for the fences the New York Times reports.
Stocks traded higher Thursday after a handful of mixed economic news and as investors snapped up beaten-down stocks following a selloff in the previous session over Greece's growing debt worries.
Stocks have given up all of Tuesday's gains midday on more concerns over the Greek debt crisis. While protests over government cutbacks continued in Athens, stocks dropped further as European markets closed and as the Euro weakened.
Ever since Bruce Jenner appeared on a Wheaties box, companies have used top athletes to boost sales. Check out our list of top athletes with lucrative endorsement deals.
Stocks remained higher in the final hour of trading Tuesday amid light volume, ahead of Fed chairman Ben Bernanke's speech on the economic outlook.
Stocks gained Tuesday amid a low-volume session, led by gains in energy, as the dollar declined to a one-month low.
A lot of downward pressure on the dollar is easing off. Here's why — and what you should do.