Some of Wednesday's midday movers:» Read More
A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. That helped the market overcome its latest dip, on July 17th, when a passenger jet was shot down in eastern Ukraine and Israel invaded the Gaza Strip, raising investor worries that conflicts around the world could escalate and destabilize financial markets.
WASHINGTON— Out of a seemingly hollow recovery from the Great Recession, a more durable if still slow-growing U.S. economy has emerged. That conclusion, one held by a growing number of economists, might surprise many people. After all, in the five years since the recession officially ended, Americans' pay has basically stagnated.
July 17- There is little chance of a significant rebound in the euro zone economy in the next two years as low inflation and high unemployment keeps the currency bloc lagging behind its peers, a Reuters poll found on Thursday.
Quarterly earnings growth and clues from companies' commentaries will tell whether there really will be a bounce back in growth in the second half.
Nine stocks in the S&P 500, including Charles Schwab and Staples have lagged the market each of the past five summers. USA Today reports.
The "Fast Money" traders share their final trades of the day.
SAN FRANCISCO, May 15- Economists within the Federal Reserve are struggling to size up the strength of the U.S. labor market but can't even agree what yardstick to use.
The nominations are now cleared to go before the full Senate for final confirmation votes. A date for Senate consideration has not yet been set.
April 29- Asset management company Northern Trust Corp said it received a subpoena from the U.S. Securities and Exchange Commission seeking documents related to the company's securities-lending activities. Northern Trust said it received the subpoena in April, without giving further details about the investigation.
Here's how the wealthiest people may manage their fortunes in 25 years.
U.S. stock index futures pointed to a flat-to-lower open on Tuesday, as investors awaited results from a number of industry heavyweights.
A rush of earnings could help steer the market's direction on Tuesday, after Citigroup's earnings beat provided kindling for a market rally Monday.
It's Talking Squawk, the official "Squawk Box" blog, this week with Bill Miller on bitcoin, a truce between eBay and Carl Icahn, and Sam Zell on taxes.
NEW YORK, April 3- Federal Reserve Governor Jeremy Stein, who has spearheaded the debate over whether monetary policy should be used to combat asset bubbles, will step down next month, leaving another big hole in the ranks of the U.S. central bank. Stein will leave on May 28 to return to his teaching post at Harvard University.
The biggest change was for American Express, whose minimum capital ratio under stress declined by 0.5 percentage point to 12.1 percent. M&T Bank, which had the next lowest capital level on Thursday, was revised up by 0.3 percentage point to 6.2 percent under stress.
Only Zions Bancorporation, a Salt Lake City, Utah- based lender with $56.0 billion in assets, would be left with a regulatory capital ratio beneath the Fed's 5.0 percent minimum under the exercise. M&T Bank Corp 5.9 Bank of America Corp 6.0. Morgan Stanley 6.1 Ally Financial Inc 6.3.
Some interesting developments could crop up in the new round of stress tests applied by the Fed on banks.
Eight of the nation's largest banks will begin using their own models and systems to calculate the amount of capital they need to set aside.
*Faces House committee Tuesday, Senate committee Thursday. *GOP could criticize Fed stimulus. Feb 9- Janet Yellen's first test as chair of the Federal Reserve comes on Tuesday when she faces U.S. lawmakers, some hostile to the central bank, who will want to know how committed she is to winding down the Fed's support for the economy.
LONDON, Feb 9- The euro zone and its constituent parts will report fourth quarter economic growth numbers at the end of the week, offering policy makers at the European Central Bank a needed snapshot of the bloc's underlying strength. There has been general improvement but a growing disparity between Germany and France, the currency union's largest economies.