Topic: Wall Street
NEW YORK (Reuters) - The thousands of protesters camped out in New York's financial district may not see it this way, but these are not the best of times for Wall Street.Financial sector job cuts so far this year are already running ...
NEW YORK (Reuters) - New U.S. jobless claims rose unexpectedly last week, further evidence of a weak labor market just hours before President Barack Obama delivers a major address to Congress on the issue.The U.S. trade deficit narrowed much more than expected ...
When emotion rules the markets, watch out.When emotion rules the markets, watch out.It's been a scary week, but what scares me more than any stock price or bond spread is masses of investors selling on fear instead of fundamentals.SEE ALSO: What the ...
Record corporate profits suggest that the economy should be booming. But small firms — the main engine for job growth — still have it tough, particularly at the bank.Record corporate profits suggest that the economy should be booming. But small firms — ...
My colleague Susan Hall has posted an interview, Wall Street IT Pros Want Firms to Show Them the Money, with Constance Melrose, managing director of eFinancialCareers North America, about the site's Global Bonus Expectations Survey, and it's well worth the read. I ...
No Cure for Hiccups On June 12, 1928, the New York Stock Exchange (NYSE) saw five million shares trade hands during a seemingly random drop across the board. The NYSE watched as 13 million shares traded hands in furious bouts of panic ...
When the housing bubble of 2001-2007 burst, it caused a mortgage security meltdown. Fannie Mae and Freddie Mac had a positive influence on the mortgage market by increasing home ownership rates in the United States; however, as history has proved, allowing Fannie ...
This was the question that Frank Curzio put to me, as I was being interviewed on S&A Radio last week.. The reason I recommend sticking to the technology sector is two-fold.... And the technology sector stands out as one of the market's ...
" Even as the market convulsed on Black Thursday, October 24, 1929 and on Black Tuesday, October 29 - the New York Times wrote: The bull market - especially in issues of public utilities - was fueled by "mergers, new groupings, combinations ...
Comparing the present economic crisis to that of the Great Depression is obviously misleading for the reason that the modern global financial system is a relatively recent invention. That was when President Nixon took the United States off the Breton Woods fixed ...
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