Posts In Category Breaking News
April retail sales hint at slower spending pace
on May 15, 2012 by Jude Emantsal in Breaking News, Comments (0)
WASHINGTON (Reuters) – Sales at U.S. retailers barely rose in April as the boost from an unseasonably warm winter faded, pointing to some loss of momentum in consumer spending early […]
S&P 500 down for 4th day of five, Groupon up late
on by Jude Emantsal in Breaking News, Comments (0)
NEW YORK (Reuters) – Stocks fell on Monday as investors dealt with the one-two punch of worsening political upheaval in the euro zone and the possibility that China’s economy may […]
Wall Street down but S&P rebounds over support level
on May 14, 2012 by Jude Emantsal in Breaking News, Comments (0)
NEW YORK (Reuters) – U.S. stocks recovered some of their losses on Monday after the S&P 500 briefly fell below a key support level, weighed down by a political impasse […]
Global shares fall as deepening Greek turmoil weighs
on by Jude Emantsal in Breaking News, Comments (0)
TOKYO (Reuters) – Asian shares fell on Monday after weekend talks to form a new Greek government failed and China’s latest move to loosen monetary policy highlighted concerns its economy […]
Ally Financial’s mortgage unit nears bankruptcy: sources
on May 13, 2012 by Jude Emantsal in Breaking News, Comments (0)
NEW YORK (Reuters) – Ally Financial Inc’s Residential Capital unit is nearing a bankruptcy filing, sources familiar with the situation said on Sunday, in a move that could help the […]
East Asian powers agree on trade pact talks
on by Jude Emantsal in Breaking News, Comments (0)
BEIJING (Reuters) – Chinese Premier Wen Jiabao urged northeast Asian powers to cooperate more in the face of global economic headwinds, as China, Japan and South Korea agreed at a […]
JPMorgan $2 billion loss hits shares, credit, image
on May 12, 2012 by Jude Emantsal in Breaking News, Comments (0)
NEW YORK/LONDON (Reuters) – JPMorgan Chase & Co lost $ 15 billion in market value and a notch in its credit ratings on Friday while a chorus of regulators and […]
Wall Street Week Ahead: Stocks face choppy seas of bank woes, uncertainty
on by Jude Emantsal in Breaking News, Comments (0)
NEW YORK (Reuters) – More volatility could be in store for stocks next week as investors grapple with less certainty about the economic outlook and a new blow to the […]
Wall Street flat, tech offsets JPMorgan downdraft
on May 11, 2012 by Jude Emantsal in Breaking News, Comments (0)
NEW YORK (Reuters) – Stocks were little changed in choppy trading on Friday as a sharp selloff in banks due to a huge loss by JPMorgan was offset by strong […]
Global Shares, euro slide on growth concerns, JPMorgan
on by Jude Emantsal in Breaking News, Comments (0)
LONDON (Reuters) – European shares and commodities fell on Friday while safe haven German bonds jumped, as deepening euro zone political turmoil and weak economic data from China raised growth […]