Reuters - Banks led stocks lower on Wednesday as the S&P 500 stalled near a 10-month-high after signs of weak European business activity rekindled concerns about a recession overseas.
Wed, 22 Feb 2012 21:45:52 GMT
Reuters - Fitch cut Greece's long-term ratings on Wednesday to its lowest rating above a default, becoming the first ratings agency to make the widely expected downgrade after the country announced a bond exchange plan to ease its massive debt burden.
Wed, 22 Feb 2012 14:04:45 GMT
Reuters - Home resales rose to a 1-1/2-year high in January, pushing the supply of properties on the market to the lowest level in almost seven years in a hopeful sign for the housing sector.
Wed, 22 Feb 2012 21:27:00 GMT
Reuters - U.S. central bank officials have good reason to be skeptical about the strength of the economy: excessive optimism has caught them flat-footed before.
Wed, 22 Feb 2012 21:47:38 GMT
Reuters - Citigroup Inc and UBS AG , in a series of disclosures to law-enforcement officials, have provided crucial information to investigators in multiple countries as part of inquiries into whether the world's biggest banks manipulated a global benchmark interest rate, according to people familiar with the situation.
Wed, 22 Feb 2012 15:17:02 GMT
Stock markets advanced Friday on hopes that Greece would soon get its crucial second bailout and following another batch of upbeat U.S. economic news.
Fri, 17 Feb 2012 15:13:27 GMT
Reuters - The new U.S. Consumer Financial Protection Bureau is weighing a crackdown on checking account overdraft fees charged by banks, saying the charges can "inflict serious economic harm" on consumers.
Wed, 22 Feb 2012 05:30:31 GMT
Hewlett-Packard Co., the maker of PCs and printers, on Wednesday said its net income fell, while sales dipped 7 percent in the first full quarter under new CEO Meg Whitman.
Wed, 22 Feb 2012 21:58:15 GMT
Time.com - After months of delays, arguments and doubts, euro zone finance ministers agreed on a second, $170 billion bailout of beleaguered Greece in the early hours of Tuesday morning
Wed, 22 Feb 2012 20:15:00 GMT
Reuters - Republican Mitt Romney, looking for a boost in his presidential campaign, proposed an overhaul of the tax system on Wednesday that he said would cut Americans' tax rates by 20 percent and limit deductions for the wealthy.
Wed, 22 Feb 2012 19:23:21 GMT
