Consumer gloom grips Wall Street

Posted by Financial Market News on June 30th, 2009

Stocks fell on Tuesday after the Conference Board's take on consumer confidence in June came in worse than expected.

Julia Stiles set for David Mamet play on Broadway

Posted by Financial Service News on June 30th, 2009

Julia Stiles will make her Broadway debut in a revival of David Mamet's "Oleanna" , opening Oct.

Ex-pastor sought in Ind. multimillion-dollar fraud

Posted by Financial Market News on June 30th, 2009

A former pastor and his sons were charged with securities fraud in Indiana on Tuesday in what officials said was a multimillion-dollar scheme aimed at church members who thought they were helping build churches but were actually buying the men planes and sports cars.

US: UBS must release names of suspected tax cheats

Posted by Financial Service News on June 30th, 2009

Swiss bank UBS AG "systematically and deliberately" violated U.S. law by dispatching private bankers to recruit wealthy Americans interested in evading taxes and must be forced to reveal the identities of 52,000 of those clients, the Justice Department said in a court filing Tuesday.

In-Depth Look - Currencies Gain The Markets’ Attention

Posted by Financial Market News on June 30th, 2009

Interview and discussion with David Woo of the Barclays Capital. He says the Dollar will continue to fall.

AIG shareholders’ meeting is relatively calm affair as CEO Liddy outlines repayment plans

Posted by Financial Service News on June 30th, 2009

American International Group Inc.'s annual shareholder meeting ended without drama Tuesday after a handful of shareholders voiced disappointment over the embattled insurer's near-collapse last fall.

Sensex pares early gains, turns negative

Posted by Financial Market News on June 30th, 2009

The Bombay Stock Exchange benchmark Sensex wiped off early gains and fell by 96 points at 1115 hrs on profit-booking at improved levels.

Bank of America, First Data partner

Posted by Financial Service News on June 30th, 2009

Bank of America Corp. has formed a payment-processing venture with First Data Corp.

Looking for Growth? Try the Companies Being Added to the Russell 3000

Posted by Financial Market News on June 30th, 2009

"It is the best of times. It is the worst of times." With the equities markets acting crazily every day, an investor has a hard time picking winners.

Coalition to offer new bank reforms

Posted by Financial Service News on June 30th, 2009

Risky bank policies that contributed to the financial crisis were as common in neighborhood branches as they were on Wall Street, according to a labor-backed coalition that will propose new reforms today.


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