By Leah Schnurr NEW YORK, April 20 (Reuters) – US stocks tumbled on Monday on worries about the sustainability of recent better-than-expected results from banks after Bank of America Corp reported a big increase in troubled loans.
By Edmund L. Andrews WASHINGTON – President Obama’s top economic advisers have determined they can shore up the banking system without having to ask …
In response to “Tax protests were fake outrage being aimed at invisible issues” (op-ed, April 16): The April 15 Tea Parties, in which I proudly participated, were not led by Hannity, Limbaugh, Beck or any other talk radio/Fox News personalities.
By Rob Curran Of DOW JONES NEWSWIRES Investors took heart Friday from consumer-sentiment data and earnings for General Electric that were not as bad as feared, driving major indexes to their longest winning streak since the last bull market.
This is likely due to investors pulling their money out of forex trading and into the stock market. With the release of US Building Permits today at 12:30 …
By Riva Froymovich Of DOW JONES NEWSWIRES NEW YORK (Dow Jones)–The yen advanced to session highs Friday morning as US stocks pared earlier gains. …
Housing starts fell 10.8% in March to a seasonally adjusted annual rate of 510000 from 572000 in February. It’s the second-lowest rate since the 1940s. …
US stocks closed mixed Monday. The Dow Jones Industrial Average slid 26 points to 8058, while the S&P 500 climbed 2 points to 859 and the Nasdaq Composite gained 0.8 point to 1653.
By Christian Schmollinger April 14 (Bloomberg) — Oil fell below $50 a barrel, extending yesterday’s 4.2 percent decline, on forecasts US crude inventories gained last week because of plummeting fuel demand during the global recession.
By Christine Harper April 14 (Bloomberg) — Goldman Sachs Group Inc., buoyed by profit that exceeded the most optimistic Wall Street estimates and a 54 percent jump in its stock price, plans to raise $5 billion to repay federal rescue funds and shed …