Archive The Daily Ticker from Yahoo!

  Tuesday, 2 Oct 2012 | 1:53 PM ET

Spain Will Default Like Greece: John Mauldin 

Posted By Bernice Napach

Fear and hope continue to trade places in European financial markets. Today's trading included both.

European stocks were down in early trading but by midmorning they were rising only to retreat once again nearing the close. Rising hopes that Spain will soon request a long-awaited bailout had buoyed European shares earlier today.

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  Tuesday, 2 Oct 2012 | 1:17 PM ET

American Flights Grounded: Are Pilots to Blame?

Posted By Stacy Curtin

American Airlines is under investigation by the federal government for two separate incidents of passenger seats coming loose mid-flight passengers were not injured in either case.

The airline said Monday it would ground those two flights and six Boeing 757 jets to inspect for additional seat malfunctions.

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  Tuesday, 2 Oct 2012 | 12:48 PM ET

Auto Sector Is Improving: Volkswagen Group CEO

Posted By Morgan Korn

Carmakers are having a blockbuster year.

Chrysler Group announced Tuesday it sold 142,041 U.S. cars and trucks in September a 12% jump from a year ago and the company's best September in five years. General Motors (GM) said its September sales rose 1.5% compared to the same month last year and the Detroit automaker had its best September in four years. Ford (F) disclosed that its sales were flat last month.

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  Tuesday, 2 Oct 2012 | 10:48 AM ET

Wal-Mart Veteran 'Loves the Company,' Wants Change

Posted By Bernice Napach

Nine days before Wal-mart (WMT) holds its annual investors conference, a group of Wal-mart workers is holding its own meeting with analysts in New York. The group "OUR Walmart" wants to publicize the negative impact that cost-cutting strategies and other policies are having on the world's largest retailer in an effort to help change those policies.

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  Tuesday, 2 Oct 2012 | 10:26 AM ET

JPMorgan Hit With Fraud Suit: Is the Timing Suspect?

Posted By Stacy Curtin

President Obama's mortgage fraud task force, set up at the beginning of the year to snuff out illegal practices that occurred during the height of the U.S. financial crisis, finally brought its first big case Monday.

JPMorgan Chase (JPM) has been slapped with a $2 billion lawsuit, one that alleges fraud in the residential mortgage-backed securities operations at Bear Stearns, which at the time was an independent firm, during 2005 into 2007.

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  Monday, 1 Oct 2012 | 1:33 PM ET

Chinese Sue Obama Over Wind Farm Shutdown

Posted By Henry Blodget

On Friday, President Obama took the highly unusual step of blocking a Chinese company from building wind farms in Oregon.

The Chinese company, Ralls, is furious and has threatened to sue the president.

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  Monday, 1 Oct 2012 | 11:13 AM ET

At Home and Abroad, Bernanke Faces Backlash

Posted By Aaron Task|Editor-in-Chief, Yahoo! Finance

This is a big week for economic data, culminating with Friday's jobs report, and a huge week for U.S. politics, highlighted by Wednesday's Presidential debate.

These issues will dominate headlines but it's also a very big week for central bankers. Along with the European Central Bank, the central banks of England, Japan and Australia host scheduled meetings, while Ben Bernanke is giving a speech Monday and the minutes of the Fed's September meeting are due on Thursday.

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  Monday, 1 Oct 2012 | 9:40 AM ET

Current Economy Is Hangover From Financial Crisis: Bair

Posted By Bernice Napach

If the economy is the key issue in this year's presidential race, why aren't President Obama and Mitt Romney talking more about the financial crisis? Not only did it unravel the economy, it caused the Great Recession, which still haunts us today.

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  Monday, 1 Oct 2012 | 9:10 AM ET

Stocks Will Rise in Fourth Quarter if History Is Any Guide

Posted By Morgan Korn

Stocks are falling mid-morning Friday, the last trading day of the third quarter. But the major U.S. market indexes have rallied all year in the face of continued concerns about the health of the U.S. economy, the European debt crisis and slowing growth in China.

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About The Daily Ticker Blog

  • The Daily Ticker covers the most important business stories of the day -- the economy, investing, corporate leadership and politics. The Daily Ticker picks up where Tech Ticker left off and is hosted by Aaron Task and Henry Blodget. Often serious, sometimes irreverent and always interesting, The Daily Ticker gives viewers a unique take on the business world's most crucial stories.