4130 Stories, most recent news story added 57 minutes ago
A little more than one year after the financial crisis brought the economy to a standstill -- threatening nearly every firm on Wall Street -- one thing is clear: the Street should be thanking its lucky stars.
The latest business news, quotes, and market information.
The availability of cheaper and easier financing alternatives and the diverse market environment are impeding the growth of securitisation markets in the region, but there are signs of change, argues Standard & Poor's.
U.S. stocks managed to hold modest gains Wednesday after a series of economic reports led by better-than-expected data on jobless claims kept the mood positive ahead of the Thanksgiving Day holiday.Th...
Canadians are becoming more pessimistic over the strength of the economic recovery and what it will mean for their finances and job security, a new consumer confidence survey shows.
NEW YORK (AP) — Stocks climbed Wednesday following a drop in weekly unemployment claims to the lowest level of the year and a rise in new home sales. The market’s gains were modest on light trading volume ahead of the Thanksgiving holiday.
U.S. stocks fell modestly Tuesday after the government revised down economic growth in the third quarter and a new survey showed lackluster consumer confidence.The Dow Jones Industrial Average shed 17...
Jail, anyone? Perhaps that's too harsh, and at any rate premature, but is anyone ever going to be held accountable for the behind-the-scenes sweetheart deals that passed tens of billions of taxpayer dollars through the AIG shell game to the very banks that caused the financial meltdown?
Nov. 27 (Bloomberg) -- Kenneth Feinberg’s decision to slash executive pay at taxpayer-rescued companies was “sheer stupidity,” says Home Depot Inc. co-founder Kenneth Langone . Not so, says compensation analyst Paul Hodgson : If anything, Feinberg is a “pay kitten” soft on Wall Street.
Nov. 26 (Bloomberg) -- Portugal won’t sell stakes in power utility EDP and oil company Galp Energia SGPS SA after the financial crisis strengthened the case against further share sales, Prime Minister Jose Socrates said.
Lloyds Banking Group investors on Thursday overwhelmingly approved the bank's record rights issue but gave executives a grilling for mistakes made during the financial crisis.
AHMEDABAD -(Dow Jones)- Asian economies appear to be on the mend, but it may be too soon to begin unwinding the stimulus measures that helped cushion the blow from the global financial crisis, a senior official at the Asian Development Bank said Friday.
HONG KONG, Nov 27 — Asian stocks slumped today as the Dubai-debt shockwaves hit the region, shaking banking shares and pushing the yen to a fresh 14-year high against a struggling dollar as investors unwound risky trades. The shock Dubai news raised investor fears of debt defaults that could hit other parts of the global economy just as it is trying to recovery from the global financial crisis.
67 WALL STREET, New York - November 26, 2009 - The Wall Street Transcript has just published its TWST Investing Strategies Report offering a timely review of the sector to serious investors and industry executives. This 55 page feature contains expert industry commentary through in-depth interviews with highly experienced Portfolio Managers. The full issue is available via The Wall Street ...
Creator: John Buchanan During the global financial crisis workers who stayed in their jobs did not reduce their working hours, despite widespread government and commentator claims that cuts in hours had helped stem job losses during the downturn. Economics
The global economic downturn has failed to sour the Chinese appetite for luxury goods, said exhibitors at an ongoing luxury commodities show in southern city Guangzhou. "I don't think it (the financial crisis) has any impact (on the Chinese luxury goods market). Demand remains strong," Eric Huang, a brand ambassador with Remy Cointreau Shanghai, which sells Louis XIII of Remy Martin cognac from ...
Confidence of Western investors across the Gulf has been shaken by the Dubai government's shock decision to ask creditor banks for six-month delay on its massive debt repayments on Thursday. Western investors turned to the oil-exporting Gulf region for help during the global financial crisis. But now European stock markets dropped sharply on the news, with European exchanges particularly hard ...
