Forex Wrap up show Friday at 12:30 PM with Greg Michalowski and Shawn Powell »

Forex Wrap up show Friday at 12:30 PM with Greg Michalowski and Shawn Powell

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]

S&P met with bond investors before U.S. debt downgrade: report »

S&P met with bond investors before U.S. debt downgrade: report

Wed Sep 7, 2011 12:22am EDT

(Reuters) – Ratings agency Standard & Poor’s officials privately met with large bond investors weeks before the firm’s U.S. debt downgrade, leaving some believing the chance of a rating downgrade was higher than they had previously thought, the Wall Street Journal said.

In the run-up to the debt downgrade, S&P officials [...]

Webinar with Greg Michalowski Tuesday August 24 4pm EST »

Webinar with Greg Michalowski Tuesday August 24 4pm EST

Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]

Bank probes expanding with new investigation »

Bank probes expanding with new investigation

NEW YORK/WASHINGTON (Reuters) – U.S. authorities are expanding their probes of past mortgage securities deals, with New York’s attorney general opening an investigation into whether eight banks misled rating agencies, a source familiar with the matter said.

Deals

New York Attorney General Andrew Cuomo’s office on Wednesday served subpoenas on four U.S. banks and four European lenders, [...]

Goldman Sachs charged with fraud by SEC »

Goldman Sachs charged with fraud by SEC

NEW YORK (Reuters) – Goldman Sachs Group Inc was charged with fraud by the U.S. Securities and Exchange Commission over its marketing of a subprime mortgage product, igniting a battle between Wall Street’s most powerful bank and the nation’s top securities regulator.

The civil lawsuit is the biggest crisis in years for a company that faced [...]

Google risks China’s ire with slap to censorship »

Google risks China’s ire with slap to censorship

(Reuters) – Google shut its mainland Chinese-language portal and began rerouting searches to its Hong Kong site, unleashing Beijing’s ire and prompting worry over its prospects in China.
China lost little time in warning Google that its spurning of self-censorship had angered the one-party government, wary of ceding control over China’s 384 million Internet users.
[...]

European markets start the week pessimistic with woes over the outcome of the EU finance ministers meeting amid new Moody’s warning for UK »

European markets start the week pessimistic with woes over the outcome of the EU finance ministers meeting amid new Moody’s warning for UK

Mon, Mar 15 2010, 10:53 GMT
European markets start their journey this week with jitters and volatility as the euro area Finance Ministers prepare to head into the chambers to contemplate the Greek debt crisis, whether to bail or NOT TO BAIL! While neighboring UK does not feel any vibes of hope either [...]

Senators wrestle with Fed bank oversight issues »

Senators wrestle with Fed bank oversight issues

(Reuters) – The Federal Reserve could retain oversight of large bank holding companies under a scaled-back regulatory reform plan being considered by key senators, but important questions remained unanswered, lobbyists said on Sunday.
In a retreat from a bold proposal to streamline a patchwork bank regulatory system, lawmakers were considering keeping supervision of companies such [...]

Apple sues HTC over phones with Google software »

Apple sues HTC over phones with Google software

Apple Inc sued Taiwan’s HTC Corp, which makes touchscreen smartphones using Google software, accusing it of infringing 20 hardware and software patents related to the iPhone.
Even though the suit did not name Google Inc as a defendant, Apple’s move was viewed by many analysts as proxy for an attack on the Internet company, whose [...]

U.S. approves PepsiCo bottler buy, with conditions »

U.S. approves PepsiCo bottler buy, with conditions

U.S. approves PepsiCo bottler buy, with conditions
PEP.N
) has won U.S. antitrust approval to buy two of its largest bottlers on condition that it take steps to safeguard a rival’s business information, the Federal Trade Commission said on Friday.
Under an agreement with the FTC, PepsiCo will set up a firewall to ensure that [...]