Topic: Wall Street
Federal Reserve chief Ben Bernanke will offer a fresh assessment on Friday of the weakening US economy as the government is expected to slash nearly half of projected growth for the second quarter. With markets haunted by fears the world's largest economy ...
Wall Street ended its weekly trade with sharp losses as fears of a second-dip recession struck traders' hearts after negative data suggested a bleak outlook for the world's biggest economy. Friday's trade locked four days of straight losses fueled by the Federal ...
WASHINGTON (Reuters) - President Barack Obama on Wednesday signed into law the most comprehensive financial regulatory overhaul since the Great Depression and vowed there will be no more taxpayer-funded bailouts for Wall Street. "Because of this law, the American people will never ...
Stocks jump most in year, and bulls say it's just the start. What to watch in earnings reportsInvestors cast aside worries of another recession last week and bought stocks by the bucketful. This week brings hard evidence of whether they were right. ...
WASHINGTON (Reuters) - Republicans should not use problems at mortgage finance giants Fannie Mae and Freddie Mac as an excuse to vote against sweeping changes to the rules of Wall Street, White House spokesman Robert Gibbs said on Sunday. "We are going ...
RACINE, Wisconsin (Reuters) - U.S. President Barack Obama launched a broad attack against Republican lawmakers on Wednesday, calling them out of touch with ordinary Americans for opposing Wall Street reform and siding with Big Oil. Obama used a campaign-style speech in Wisconsin ...
Derivatives, 2 financial giants and their dance: Crisis panel examines roles of AIG, GoldmanThe complex instruments at the heart of the financial meltdown, and the way two giant companies were wrapped around them and entwined with each other, are being examined by ...
European stock markets rebounded on Wednesday and the euro dipped against the dollar as investors digested mixed signals on the strength of the global economy. London's benchmark FTSE 100 index rose 0.20 percent in late morning deals, Frankfurt gained 0.38 percent and ...
WASHINGTON (Reuters) - The U.S. economy has begun to rebound from a long recession, but Democrats could struggle to reap the rewards in November's congressional elections given persistently high unemployment and a gloomy voter mood. Opinion polls show that Americans are still ...
Financial overhaul is Obama's latest win, but Americans remain sour on the tepid economyAnxious and angry, Americans are not in a congratulatory mood. That's bad news for President Barack Obama and his Democratic allies. After winning a landmark health care overhaul earlier ...