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
John brings you news
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
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.
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.
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.
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.
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.
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.'
Date: Friday, October 16, 2009
Obama administration says U.S. ran a $1.42 trillion deficit in fiscal
year 2009 – largest since 1945.
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,
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%.
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.
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.
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.
Date: Monday, October 12, 2009
Two U.S. economists who specialize in economic governance share Nobel 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.
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.
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.'
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.
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.
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.
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.
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
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.