Archive for the ‘News’ Category
Euro zone’s political bumbling risks global gloom
L’ISLE-SUR-LA-SORGUE, France (Reuters) – The euro zone’s repeated failure to tackle its debt crisis is catapulting the bloc toward recession, raising the specter of dangerous spillovers to the rest of the world economy.
Looser Rules for Private Companies Seeking Equity
The U.S. House passed two measures aimed at removing barriers to small investments from individuals
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Coping with Europe’s chaos
NEW YORK (Reuters) – U.S. stock investors have had to take their own self-help course on living with uncertainty due to Europe’s crisis, and they may need to draw on that next week because it’s never clear when the next upheaval will come.
Wall Street falls ahead of confidence vote in Greece
NEW YORK (Reuters) – Stocks fell on Friday, ending four weeks of back-to-back gains, as political instability resurfaced in Europe and investors braced for a confidence vote in Greece after U.S. markets close.
Wall St falls on euro zone rescue fund concerns
NEW YORK (Reuters) – Stocks retreated on Friday after two days of gains as wealthier nations appeared to pull back from a European Union plan to broaden funding for a plan to deal with the region’s sovereign debt crisis.
Greek about face on vote, ECB rate cut boost shares
NEW YORK (Reuters) – Stocks rallied for a second day on Thursday as Greece backed away from a proposed referendum that threatened its membership in the euro, which could destabilize global markets.
Wall St rises on Greece hopes, ECB rate cut
NEW YORK (Reuters) – Stocks rose in a volatile session on Thursday on hopes Greece’s political and financial situation would become clearer and after a surprise interest rate cut in Europe boosted sentiment.
Wall St. on edge over Greece, Bernanke soothes
NEW YORK (Reuters) – Stocks rebounded from two days of sharp losses on Wednesday after the Federal Reserve said it is prepared to do more for the economy if conditions warrant, helping to stanch the panicky reaction to Europe’s debt crisis.
Wall St holds gains as Fed keeps policy unchanged
NEW YORK (Reuters) – Stocks rebounded after two days of losses on Wednesday, aided by upbeat job market data and a slightly optimistic economic outlook from the Federal Reserve.
Greek vote brings uncertainty back to Wall Street
NEW YORK (Reuters) – Stocks tumbled on Tuesday after investors were blindsided by a surprise call for a Greek referendum on an EU bailout plan, casting doubt on the sustainability of the recent market rally.
