Posted by Financial Service News on August 7th, 2008
The Associated Press 5 comments A trader looks at a computer monitor on the floor of the New York Stock Exchange Tuesday, August 5,... A trader looks at a computer monitor on the floor of the New York Stock ...
Posted by Financial Market News on August 7th, 2008
Trader Eric Schumacher watches the numbers on the floor of the New York Stock Exchange before the Federal Reserve interest rate decision, Tuesday Aug.
Posted by Financial Service News on August 7th, 2008
Analysis by Mario Gabelli, Chairman & CEO of Gamco Investors
Posted by Financial Market News on August 7th, 2008
Bank of America Corp. revealed Thursday that it has received subpoenas and requests for information from various state and federal regulators regarding its sale of auction-rate securities.
Posted by Financial Service News on August 7th, 2008
The chairman and co-founder of payday lender Advance America Cash Advance Centers has stepped down.
Posted by Financial Market News on August 7th, 2008
Citigroup Inc. may be forced to buy back about $8 billion in auction-rate securities and be fined as much as $100 million in a settlement with regulators over claims it improperly saddled customers with ...
Posted by Financial Service News on August 7th, 2008
Thursday, August 07, 2008 FRANKFURT, Germany--The European Central Bank and the Bank of England both left their benchmark interest rates unchanged Thursday as they ponder how best to steer their economies ...
Posted by Financial Market News on August 7th, 2008
LONDON : The economy has almost ground to a halt, the consumer spirit is evaporating and jobs are getting harder to find, surveys showed on Wednesday, as the Bank of England begins a tricky two-day interest ...
Posted by Financial Service News on August 7th, 2008
LONDON : Barclays, the large British bank, said Thursday that first-half profit fell 34 percent as securities trading declined and credit write-downs increased.
Posted by Financial Market News on August 7th, 2008
Blue chips took a breather Wednesday, but remained in positive territory. Tech stocks however advanced strongly.
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