Friday, October 30, 2009

U.S. market-volatility gauge leaps 19% Friday

Date: Fri, 30 Oct 2009 13:36:24 -0400

U.S. market-volatility gauge leaps 19% Friday
10/30/2009 1:34:43 PM EDT

Energy: BP may appeal $87 million fine in Texas blast

Date: 30 OCT 2009 14:37:36 GMT

The Occupational Safety and Health Administration levies the largest
fine in its history as it slaps British oil giant BP with an $87
million penalty for workplace violations in connection with the 2005
Texas City refinery blast that killed 15 people and injured 170,
according to reports on Friday.

Energy: China muscles deeper into global commodity markets

Date: 30 OCT 2009 11:00:57 GM

China's building muscle in the commodities markets, active in
countries from Canada and Australia to Venezuela, Brazil and Africa --
all with the aim of securing supplies of natural resources for its
growing population and rapidly expanding economy. It's a strategy
that, for better or rose, has effectively raised the competition bar
for the rest of us.

Thursday, October 29, 2009

Dow up more than 200 points as stocks extend gains on stronger-than-expected economic growth report.

Date: Thu, Oct 29, 2009 at 3:09 PM


Dow up more than 200 points as stocks extend gains on
stronger-than-expected economic growth report.

Wednesday, October 28, 2009

New home sales mark their fist drop in six months, dipping 3.6% in September - government report.

Date: Wed, 28 Oct 2009 10:08:07 -0400


New home sales mark their fist drop in six months, dipping 3.6% in
September - government report.

Friday, October 23, 2009

Regulators close 100th bank for 2009 -- four times as many as last year. Partners Bank of Naples, Fla., had $66 million in assets.a

Date: Friday, October 23, 200

Regulators close 100th bank for 2009 -- four times as many as last
year. Partners Bank of Naples, Fla., had $66 million in asset.

Thursday, October 22, 2009

Obama pay czar unveils plan to curb compensation at bailed-out firms, calls current pay 'inconsistent with the public interest.'h

Date: Thursday, October 22, 2009

Obama pay czar unveils plan to curb compensation at bailed-out firms,
calls current pay 'inconsistent with the public interest.'

Friday, October 16, 2009

Obama administration says U.S. ran a $1.42 trillion deficit in fiscal year 2009 – largest since 1945.

Date: Friday, October 16, 2009

Obama administration says U.S. ran a $1.42 trillion deficit in fiscal
year 2009 – largest since 1945.

Thursday, October 15, 2009

Breaking News: Boy believed to be in runaway balloon found safe

Date: Thursday, October 15, 200

FORT COLLINS, Colo. (AP) - Sheriff's department says missing
6-year-old boy feared lost in balloon found safe at home. For full
story,

Wednesday, October 14, 2009

Dow closes above 10,000 for the first time since Oct. 3, 2008, after a 145-point gain. S&P, Nasdaq also finish up more than 1.5%.

Date: Wednesday, October 14, 2009

Dow closes above 10,000 for the first time since Oct. 3, 2008, after a
145-point gain. S&P, Nasdaq also finish up more than 1.5%.

Breaking News: Dow hits 10,000

Date: Wednesday, October 14, 2009

NEW YORK (AP) - The Dow Jones industrial average has topped 10,000 for
the first time in a year. The Dow crossed five figures seven months
after it hit a 12-year low of 6,547.05 on March 9. Upbeat earnings
reports from chip maker Intel Corp. and banker JPMorgan Chase & Co.
gave the Dow its final push; the average then slipped back several
points after crossing the milestone.

Oil climbs to a one-year high above $75 on Globex

Date: Wednesday, October 14, 2009


Crude futures climb above $75 per barrel on Globex to reach their
strongest intraday level in a year as traders cheer improved forecasts
for global oil demand.

Tuesday, October 13, 2009

Senate Finance Committee passes health care bill

Date: Tuesday, October 13, 2009

WASHINGTON (AP) - The Senate Finance Committee has approved a sweeping
remake of the country's health care system, delivering a long-sought
boost to President Obama's goal of expanding coverage. The 14-9 vote
by the key panel sets up a debate on the Senate floor and moves a
health care remake closer to reality than it has been for decades.

Monday, October 12, 2009

Two U.S. economists who specialize in economic governance share Nobel Prize.

Date: Monday, October 12, 2009

Two U.S. economists who specialize in economic governance share Nobel Prize.

Friday, October 9, 2009

Breaking News: Obama wins Nobel Peace Prize

Date: Friday, October 9, 2009

President Obama has won the 2009 Nobel Peace Prize for "his
extraordinary efforts to strengthen international diplomacy and
cooperation between peoples," the Norwegian Nobel Committee said.

Thursday, October 8, 2009

Initial unemployment claim filings tumble 33,000 in the latest week, to 521,000, the government says, the lowest level since January.

Date: Thursday, October 8, 2009

Initial unemployment claim filings tumble 33,000 in the latest week,
to 521,000, the government says, the lowest level since January.

Wednesday, October 7, 2009

Alcoa, the first Dow component to report 3rd-quarter results, posts a surprise profit and says it's 'weathering the economic storm.'

Date: Wednesday, October 7, 2009

Alcoa, the first Dow component to report 3rd-quarter results, posts a
surprise profit and says it's 'weathering the economic storm.'

Tuesday, October 6, 2009

Officials deny plans to drop dollar from oil price

Date: Tuesday, October 6, 2009


Foreign financial officials  dismiss a British newspaper report that
said oil exporters, China and other nations are planning to put an end
to dollar-based trading in the oil market.

Gold hits record high as dollar slumps

Date: Tuesday, October 6, 2009

Gold hits record high as dollar slumps

Gold futures hit a new record high at $1,038 an ounce, lifted by
weakness in the dollar fueled by higher interest rates in Australia as
well as a U.K. media report that Gulf-area oil producers, along with
China, Russia, Japan and France, are planning to eventually end
dollar-based oil pricing.

GOLD FLOATS ON OIL

Gold markets are frothing at renewed talk of dropping the dollar in
favor of a yet-to-be-developed basket of currencies for pricing the
world's most important commodity -- oil. But there are wider messages
to be conveyed by the action in the metals pits.

POTENTIAL END OF DOLLAR-BASED OIL DEALS LIFTS GOLD

Growing speculation over the potential end to dollar-based trading in
the oil market may be part of the reason gold prices have rallied
beyond $1,020 an ounce to stand near their highest level in 18 months.

DOLLAR DOWN DESPITE DENIALS OF OIL-PRICING SHIFT

Dollar tumbles on reports of oil-pricing shift.

OIL PRICES GAIN AS U.S. DOLLAR TUMBLES

Oil futures rise above $71 a barrel as the dollar falls against major
currencies, luring buyers into the energy market.

Breaking News: Three share Nobel Prize in Physics

Date: Tuesday, October 6, 2009


STOCKHOLM -- The 2009 Nobel Prize in physics has been awarded to
Charles K. Kao, Willard S. Boyle and George E. Smith for breakthroughs
involving the transmission of light in fiber optics and inventing an
imaging semiconductor circuit, the Associated Press reports. The Royal
Swedish Academy of Sciences said all three have American citizenship.

Monday, October 5, 2009

Stock investors eye revenues as earnings kick off

Date: Monday, October 5, 2009

Stock investors eye revenues as earnings kick off

With the third-quarter earnings season just about to kick off, the market is
looking to some sectors, such as financials, where revenue growth might
actually improve.

B. OF A. TO PICK EMERGENCY CEO: REPORT

Directors at Bank of America Corp. plan to select an emergency chief
executive this week in case Ken Lewis steps down before the end of the
year.

GOLDMAN SACHS UPS LARGE U.S. BANKS TO ATTRACTIVE

Analysts at Goldman Sachs got more optimistic about large U.S. banks
Monday, raising their coverage view on the sector to attractive from
neutral.

IG: TREASURY SHOULD 'DESCRIBE ACTIONS' ACCURATELY

Government officials should be careful to describe their actions accurately
after Treasury officials last year said nine mega-financial institutions were
healthy when key federal employees had concerns about several of them,
says the Special Inspector General for the $700 billion Troubled Asset
Relief Program.

SERVICES INDEX EXPANDS IN SEPTEMBER

The service sectors of the United States expand in September for the
first time in a year, according to a survey of companies released by
the Institute for Supply Management.

Friday, October 2, 2009

U.S. stock indexes finish Friday in red as Dow industrials cap worst week since mid-June

Date: Friday, October 2, 2009

U.S. stock indexes finish Friday in red as Dow industrials cap worst
week since mid-June
10/2/2009 4:01:07 PM EDT

Breaking News: Rio de Janeiro to host 2016 Olympics

Date: Friday, October 2, 2009



COPENHAGEN (AP) -  The 2016 Summer Olympics are going to Rio de
Janeiro, putting the games in South America for the first time. Rio
beat surprise finalist Madrid in the last round of voting. Chicago was
knocked out in the first round - a major surprise considering the
personal involvement of President Obama - and Tokyo was eliminated in
the second round.

Employers shed 263,000 jobs in September - much worse than expected. Unemployment rate rises to 9.8% - highest since 1983.

Date: Friday, October 2, 2009

Employers shed 263,000 jobs in September - much worse than expected.
Unemployment rate rises to 9.8% - highest since 1983.