Economy
2216 Articles
A decade ago, when there were big problems in the financial markets a very small group of people came in…
According to Reuters,US non-farm pay-rolls are likely to fall by 60,000. Reuters reports that Fed official are playingt down rate…
Revenge is a dish best served cold. The former CEO of UBS (UBS), pushed out by the bank’s current chairman,…
Goldman Sachs believes that Merrill Lynch (MER) and Citigroup (C) may have to "post $14 billion in writedowns on assets…
With all of the carnage in the financial sector it would be hard to believe that any other group of…
At UBS (NYSE: UBS) it all hit the fan today. Marcel Ospel, the bank’s chairman, is on the way out.…
The largest losers among the big companies in the S&P 500 for the first quarter were: Microsoft (MSFT) down 21.6%,…
Over the weekend UBS (NYSE: UBS) said that it would be cutting the value of auction-rate securities in it client’s…
Citigroup Inc. (NYSE: C) is making some organizational changes today. The troubled financial and banking supermarket has announced a reorganization…
According to Reuters, the Treasury Department will announce a proposed major overhaul of the US financial regulatory system. Reuters writes…
Banks are going to the Fed and getting money at 2.5% and putting it onto their balance sheets. What do…
There has been some misplaced optimism that financial stocks bottomed earlier this month based on the notion that much of…
According to Reuters, Bank of America (BAC) will pay the president of Countrywide (CFC) $28 million to stay and run…
A day after taking down its earnings forecasts for Citigroup (C), JP Morgan (JPM), and Wachovia (WB), Oppenheimer has cut…
According to Reuters, Oppenheimer cut is earnings forecasts for Merrill Lynch (MER) and UBS (UBS) a day after cutting Citigroup…
Our top personal finance-related articles today. Your wallet will thank you later.