Gold nudged $1,200 an ounce after the Chinese central bank announced it was cutting its benchmark lending and deposit rates.» Read More
European regulators should stop banker-bashing and allow banks to do their job or risk losing ground to competition from the US, Middle East and Asia in the financial sector, Howard Wheeldon, senior strategist at BGC Partners, told CNBC.com.
Royal Bank of Scotland has awarded chief executive Stephen Hester £4.45 million of shares in a new long-term incentive package, bringing his total pay for 2010 at the state-backed bank to a maximum of £7.75 million.
Stocks closed February on a strong note, leading to three consecutive months of gains, as all the major indices gained in the final minutes of trading. J&J and Verizon rose, while Intel fell.
Stocks traded mixed Monday, as blue chips advanced and small stocks slumped, yet the market was still on track to start the year with two straight months of gains. Johnson & Johnson and HP gained, while Intel fell.
Stocks pared gains but remained solidly higher after a mixed batch of economic news, and as oil prices eased from recent highs. 3M and Pfizer rose, while Intel fell.
Here in the United States, credit scores are a fact of life—and it’s one that not everyone is happy about. This raises the question: can you escape credit scores if you move to another country?
Asian markets fell on Wednesday after China's central bank raised interest rates for the second time in just over six weeks to rein in stubbornly high inflation. Chinese property and resource counters remained under pressure.
Will the wallet soon be a thing of the past? At the rate mobile banking apps are being adopted, who knows.
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"All the trading on Egypt happened last week," says Ben Willis of Sunrise Securities.
HSBC’s new chief executive has dropped plans to relocate to Hong Kong, choosing to remain in London. The FT reports.
Stocks closed up modestly, easing off the highs of the day, as upbeat earnings reports and rising commodity prices gave a lift to the market. BofA and Intel rose, while Verizon fell.
Stocks gained, although they traded down from the highs of the day, following a handful of positive earnings reports and rising commodity prices. BofA and Intel rose, while Verizon fell.
Retail stocks are in focus after much of the East coast was blanketed by a blizzard Sunday.
Stocks struggled to gain Thursday, as a handful of positive economic news barely budged the market after FedEx posted disappointing results—but raised its outlook. John Morris, managing partner at Crestwood Advisors and Sarat Sethi, partner and portfolio manager at Douglas C. Lane & Associates shared their insights.
Legendary tech fund manager Dan Niles of Alpha One Capital Partners reveals three names on his radar for 2011. Are they on yours?
Irving Picard is busier than a garment district loan shark after the Yankees drop a double header to The Mariners.
What is Sri Lanka’s contribution to global outsourcing? Accountants. The New York Times reports.
This global bank has been falling since Oct. 26, when it reported a stunning drop in investment-banking business. It rebounded briefly from that decline, made a lower high, and then plunged.
Investors ran for the exits on Tuesday pushing the S&P sharply lower as overseas developments threatened to derail the very foundation of recent market strength.