Currently viewing the tag: "Wall Street"
The parent company of the New York Stock Exchange, NYSE Euronext, and Germany’s Deutsche Boerse have agreed to merge.
Continue Reading →After a rapid crash in 2008 to just over 6,400 on Inauguration Day 2009, the Dow Jones Industrial Average has nearly doubled, reaching 12,286 with intraday trading bringing it even higher.
Continue Reading →Ol’ Ben Franklin’s eyes are looking pretty weary and worn on the face of the hundred dollar bill these days. After strong demand for a 10 year Treasury bonds sale pushed down yields, the US Dollar fell to session-lows against both the Euro and Yen Wednesday.
Continue Reading →In 2011, we’ve already experienced 11 bank failures, and while this is not an alarming number, if it continues through the year, we’ll see close to 140 more bank failures.
Continue Reading →This week the Dow Jones Industrial Average reached and slightly exceeded 10,000, closing two straight days above it. What will it really mean?
Continue Reading →Some exuberantly optimistic economists are now saying that the recession is over and going so far as to predict more than 2% increase in home sales in 2010.
Continue Reading →When the gears of a machine are out of alignment, mechanics adjust the gears and lubricate them, allowing the gears to flow more freely. So too, the gears of our economy need a mechanical adjustment.
Continue Reading →The wind blows hard on a house made of cards, or so Bernie Madoff and his family are discovering.
Continue Reading →When companies, whether in the fields of finance, banking or insurance, or for that matter, any other industry, create new types of financial instruments, should they be immediately subject to regulatory review?
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