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Moment of Truth: Greece to Face Inspectors Thursday
Wednesday, September 28, 2011 - 10:21am | 89Read More...EU and IMF inspectors will return to Greece on Thursday to decide whether Athens has done enough to secure a new batch of aid vital to avoid bankruptcy, while Germany suggested a new bailout may have to be renegotiated. Facing a wave of strikes and protests, Greece's Socialist government is...
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Slammed by Market Plunge, Goldman May Cut Deeper
Tuesday, September 27, 2011 - 10:12am | 81Read More...Goldman Sachs (GS: 102.19, +3.05, +3.07%) is reportedly preparing to make deeper cost cuts that may include additional layoffs as the Wall Street heavyweight scrambles to respond to scary turbulence in the financial markets. According to The New York Times, New York-based Goldman is bracing for...
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Dow Climbs, Nasdaq Slips in Choppy Trade
Monday, September 26, 2011 - 10:16am | 129Read More...FOX Business: The Power to Prosper The Dow trimmed its gains, and the Nasdaq slipped into the red, as traders focused on a slew of corporate and euro zone news, and fresh data on the housing market. Today's Markets As of 10:07 a.m. ET, the Dow Jones Industrial Average climbed 62 points, or 0.56...
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Wall Street Stabilizes Following Intense Retreat; Treasury Yields Make Modest Comeback
Friday, September 23, 2011 - 10:10am | 86Read More...FOX Business: The Power to Prosper The markets shifted between modest gains and losses on Friday morning in trading that bears little resemblance to the intense selling seen over the past two sessions, while yields on safe-haven Treasuries made a slight comeback. Today's Markets As of 9:55 a.m...
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Economic Malaise Crushes Wall Street; Dow Dives 3%
Thursday, September 22, 2011 - 10:15am | 129Read More...FOX Business: The Power to Prosper Worries that the global economy may be skidding back into a recession, and that little can be done to get it back on track, sent the markets plunging and traders rushing into safe-haven assets on Thursday morning. Today's Markets As of 10:00 a.m. ET, the Dow...
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Markets Hold Steady as Traders Await Fed
Wednesday, September 21, 2011 - 10:06am | 116Read More...FOX Business: The Power to Prosper Wall Street was on the fence on Wednesday morning as traders awaited the Federal Reserve's highly-anticipated monetary policy decision. Today's Markets As of 9:32 a.m. ET, the Dow Jones Industrial Average fell 12.3 points, or 0.09%, to 11,399, the S&P 500...
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Wall Street Bounces Back Amid Stimulus, Euro Hopes
Tuesday, September 20, 2011 - 10:10am | 88Read More...FOX Business: The Power to Prosper The markets staged a comeback on Tuesday morning after retreating in the prior session amid optimism the Federal Reserve will embark on another economic stimulus program, and European authorities will be able to contain the sovereign debt crisis. Today's...
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Wall Street Tumbles as Euro Worries Mount
Monday, September 19, 2011 - 10:13am | 79Read More...FOX Business: The Power to Prosper The markets sustained heavy losses on Monday, a stark contrast from last week's strong rally, as traders reacted to another batch of gloomy news on Europe's sovereign debt crisis. Today's Markets As of 9:32 a.m. ET, the Dow Jones Industrial Average slid 176...
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Wall Street Climbs Higher Ahead of Sentiment Data
Friday, September 16, 2011 - 10:07am | 131Read More...FOX Business: The Power to Prosper Wall Street opened solidly higher as traders looked to add another day to a four-day winning streak ahead of a key consumer sentiment report. Today's Markets As of 9:32 a.m. ET, the Dow Jones Industrial Average rose 56 points, or 0.51%, to 11,491, the S&P...
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Trump Accepts Gold Instead of Dollars From Tenant
Thursday, September 15, 2011 - 10:16am | 138Read More..."The rent's too damn high," to quote Jimmy McMillan, former New York State gubernatorial candidate. And for Donald Trump, that's true when it comes to rent in cold hard dollars, given his sharp criticisms of the Federal Reserve's open fire hydrant of dollar printing and the Obama Administration's...
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Stocks Push Higher as Euro Optimism Trumps Economic Worries
Wednesday, September 14, 2011 - 10:11am | 151Read More...FOX Business: The Power to Prosper The markets climbed into the green on the heels of a two-day winning streak as hopes Europe will take the measures necessary to stem the growing sovereign debt crisis outweighed ongoing economic uncertainty. Today's Markets As of 9:32 a.m. ET, the Dow Jones...
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European Debt Uncertainty Pressures World Markets
Tuesday, September 13, 2011 - 10:08am | 87Read More...World stocks and the euro fell on Tuesday after a report cast doubt on the idea China would provide financial support to Italy, leaving investors focussed on growing risks to European banks and the euro. A Financial Times report that Italy had asked China to buy its debt had helped stocks recover...
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Greece Running Out of Cash Amid Opposition to Tax Increase
Monday, September 12, 2011 - 10:10am | 81Read More...Greek workers threatened on Monday to sabotage a new property tax decided by the government as a last-ditch effort to please international lenders, ignoring warnings that Athens will run out of cash next month. The move casts doubt on the government's goal to plug a 2 billion euro hole in its 2011...
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Euro Developments, Soaring Dollar Slam Wall Street
Friday, September 9, 2011 - 10:09am | 106Read More...FOX Business: The Power to Prosper Concerns regarding Europe's financial system slammed the euro, forcing the dollar to the highest level since March, and putting strong pressure on equities in the U.S. and abroad. Today's Markets As of 9:45 a.m. ET, the Dow Jones Industrial Average fell 200...
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Stocks Seek Direction, Traders Mull Economy
Thursday, September 8, 2011 - 10:10am | 153Read More...FOX Business: The Power to Prosper The markets were in search of direction on Thursday morning as market participants mulled a slew of economic news from across the world, and awaited a speech by Fed Chairman Ben Bernanke later in the day. Today's Markets As of 9:45 a.m. ET, the Dow Jones...

