FOREXLEARNING

Wall Street tumbles as ECB discord stirs broad fears »

By Edward Krudy
NEW YORK | Fri Sep 9, 2011 10:06pm EDT

NEW YORK (Reuters) – Stocks tumbled more than 2 percent on Friday after the top German official at the European Central Bank resigned in protest of the bank’s bond-buying program, which has been a major tool [...]

Krawcheck seen bidding final adieu to Wall Street »

By Jessica Toonkel and Ashley Lau
NEW YORK | Fri Sep 9, 2011 7:05pm EDT

NEW YORK (Reuters) – Don’t expect to see Sallie Krawcheck at the helm of another Wall Street bank.

After her firing Tuesday from Bank of America’s (BAC.N) wealth management unit, it’s likely the 46-year-old [...]

Wall Street down on Europe; bear market fears grow »

By Edward Krudy
NEW YORK | Tue Sep 6, 2011 5:01pm EDT

NEW YORK (Reuters) – Wall Street fell for a third day on Tuesday on fears Europe still has failed to tackle its debt crisis, prompting worries the market is headed to new lows for the year.

Investors [...]

Fed could emerge intact from Wall Street reform debate »

WASHINGTON (Reuters) – After suffering more than a year of abuse over its role in the financial crisis, the Federal Reserve is poised to emerge with its powers relatively intact as lawmakers finalize a sweeping overhaul of financial regulations.

Politics  |  Deals

With congressional elections looming in November, Democrats in charge of the process say the House of Representatives [...]

Wall Street set to dip after jobs data »

NEW YORK (Reuters) – Wall Street was set for a slightly lower open on Thursday as a listless report on jobless claims offset cheer over a big software acquisition.

On the M&A front, German software company SAP AG (SAPG.DE)(SAP.N) plans to buy smaller U.S. rival Sybase Inc (SY.N) for $5.8 billion to acquire technology that delivers [...]

Senate launches debate on Wall Street bill »

WASHINGTON (Reuters) – The Senate starts its formal debate on Wall Street reform on Thursday, with analysts warning of increased pressure on bank stocks amid a flood of amendments.

Barack Obama

President Barack Obama’s Democrats on Wednesday defeated days of Republican delaying tactics to bring their bill, the most sweeping reform of the financial sector since the [...]

Wall Street futures point to weaker open »

(Reuters) – U.S. stocks futures fell on Thursday, pointing to weakness on Wall Street for a second-straight session, with persistent concerns over the fiscal situation in Greece seen weighing on investor sentiment.

By 5:15 a.m. EDT, futures for the Dow Jones and the Nasdaq shed 0.4 percent, while futures for the S&P 500 were 0.5 percent [...]

Wall Street flat on Korea nerves, Oracle hurts Nasdaq (Reuters) »

NEW YORK (Reuters) –
The Dow and S&P ended flat on Friday, giving back earlier gains after the sinking of a South
naval ship, while tech shares' weakness kept the
in slightly negative territory.
Stocks initially rose after European Union leaders said they had agreed on a standby aid package for Greece, and after better-than-expected March [...]

Wall Street flat on Korea nerves, Oracle hurts Nasdaq »

Wall Street flat on Korea nerves, Oracle hurts Nasdaq
(Reuters) – The Dow and S&P ended flat on Friday, giving back earlier gains after the sinking of a South Korean naval ship, while tech shares’ weakness kept the Nasdaq in slightly negative territory.
Stocks initially rose after European Union leaders said they had agreed on [...]

Author Lewis says Wall Street reckoning is coming »

(Reuters) – Wall Street’s biggest banks could be broken up by the Congress in the coming year in an eventual reckoning over the financial meltdown of 2008, “Liar’s Poker” author Michael Lewis said on Tuesday.
Lewis, promoting his latest book “The Big Short: Inside the Doomsday Machine” about the crisis, predicted a war will be [...]