17695 Stories, most recent news story added 7 minutes ago
Dec. 14 (Bloomberg) -- Treasuries were little changed, with 10-year notes snapping three days of losses, amid speculation the Federal Reserve will keep interest rates near record lows at this week’s policy meeting.
The dollar weakened against the Japanese yen and the euro on Monday, after news that Abu Dhabi doled out $10 billion to help Dubai pay its debts curbed safe-haven demand for the greenback.
Easing concerns over global credit problems and more signs of corporate dealmaking gave stocks a moderate boost.
NEW YORK — Investors left the safe haven of the dollar Monday as Dubai's $10 billion bailout e...
NEW YORK — Most commodities rose Monday, with the exception of energy futures, which were hamp...
What's Your Reaction? After his meeting with top bank executives Monday, President Obama said his main message to them "was very simple: that America's banks received extraordinary assistance from American taxpayers to rebuild their industry -- and now that they're back on their feet, we expect an extraordinary commitment from them to help rebuild our economy."
(AP:NEW YORK) Most commodities rose Monday, with the exception of energy futures, which were hampered by ongoing concerns over weak demand. A falling dollar helped buoy prices for gold, silver and other metals, while agriculture futures got a boost from an upbeat analyst report.
Gold rose $9 to as high as $1127.60 in Asia before it fell to see a slight loss at $115.48 in London , but it then rallied back higher in New York and ended with a gain of 0.33%. Silver followed a similar pattern and climbed to $17.37 before it fell to $17.12, but it also rallied back higher into the close and ended with a gain of 1.23%.
THE CLOSING BELL -- UP 30: Easing concerns over global credit problems and more signs of corporate dealmaking nudged major stock indexes to new highs for the year. NYSE, NASDAQ TODAY'S BUSINESS NEWS: » Obama to banks: Ease up on credit » Citigroup to repay $20B in bailout money » Exxon to buy XTO Energy for $31B » Oil slumps for ninth straight day » Rates on 3-month and 6-month T-bills fall ...
WASHINGTON - Interest rates on short-term Treasury bills fell in Monday's auction with rates on three-month bills dropping to the lowest level in a year.
Easing concerns about global credit problems and corporate dealmaking gave stocks a boost.
Most commodities rose Monday, with the exception of energy futures, which were hampered by ongoing concerns over weak demand.
NEW YORK (AP) — Easing concerns over global credit problems and more signs of corporate dealmaking are giving stocks a moderate boost.
Superior Bancorp today announced that it had completed an exchange of $69 million of its Preferred Stock held by the U. S. Treasury for an identical amount of Superior's newly issued Trust Preferred Securities. Â As a result of this exchange transaction, Superior will record an accounting gain of approximately $22.5 million after tax, reflecting the net benefit of the favorable interest rate ...
Economists' forecasts suggest the U.S. will see a European-style recovery—growth accompanied by high joblessness—rather than Japanese-style stagnation
On Monday, Houghton Mifflin Harcourt said it had acquired a new book by Mr. Rattner, who headed the Presidential Task Force on the Auto Industry. He will write about the government’s efforts to bail out the Chrysler Corporation and General Motors . In a news release, the publisher said the book, titled “Overhaul” and planned for publication in fall 2010, would “tell the story of the intense 150 ...
Open slideshowAFP/Getty Images/File
Open slideshowReuters
Open slideshowReuters
