Search Results for: wall Street
Dollar hits seven-year high vs yen ahead of Fed minutes
November 19th, 2014
The dollar hit a seven-year high against the yen on Wednesday ahead of minutes from the U.S. Federal Reserve’s latest policy meeting, as investors bet on an increasingly divergent outlook for the world’s major economies. European stock markets turned ...
World Bank: Bitcoin is not a “Ponzi Scheme”
November 19th, 2014
Ponzi scheme: A fraudulent investment operation where the operator, an individual or organization, pays returns to its investors from new capital paid to the operators by new investors, rather than from profit earned by the operator. Many of the ...
Japanese shares lose steam, Asian shares slip
November 19th, 2014
Japanese shares gave up early gains on Wednesday as investors booked profits after Prime Minister Shinzo Abe delayed a tax hike and said he would call a snap election to seek a fresh mandate for his economic policies. Asian ...
Warning: Stocks Will Collapse by 50%
November 18th, 2014
It is only a matter of time before the stock market plunges by 50% or more, according to several reputable experts. “We have no right to be surprised by a severe and imminent stock market crash,” explains Mark Spitznagel, ...
Twitter Debt Rated as Junk
November 14th, 2014
Twitter Inc. ’s debt was rated as junk on Thursday by Standard & Poor’s Ratings Services, a sobering grade that comes a day after executives of the social media service tried to reassure skeptics on Wall Street of its long-term ...
JPMorgan says improved systems and controls after FX rigging probe
November 12th, 2014
Wall Street bank JPMorgan, fined $662 million by UK and US regulators for failings in foreign exchange, said on Wednesday that it had made significant improvements to systems and controls. The bank called trader conduct described in its settlements ...
Suit Accuses Banks of Role in Financing Terror Attacks
November 11th, 2014
The suit accuses banks — including HSBC and Barclays — of helping to finance the violent activities through their ties to Iran, painting Wall Street as a sort of middleman of terror. Those acts of terrorism occurred a world away ...
If Everything Is Just Fine, Why Are So Many Really Smart People Forecasting Economic Disaster?
November 11th, 2014
The parallels between the false prosperity of 2007 and the false prosperity of 2014 are rather striking. If we go back and look at the numbers in the fall of 2007, we find that the Dow set an all-time high ...
Stocks: Dow, S&P 500 close at record highs
November 11th, 2014
Wall Street continued to march further into record territory Monday as the Dow and S&P 500 closed at record highs again. Investors have been pushing stocks higher on signs the U.S. economy continues to improve and as corporate earnings come ...
China deal sends shares to one-month high, rouble surges
November 10th, 2014
A landmark deal to give global investors easier access to China’s $3.9 trillion stock market helped lift world shares to their highest in over a month on Monday, as renewed tensions in Libya and Ukraine pushed up oil prices. ...
