Shares of the U.S.-controlled mortgage giants are sucking wind again today, lurking among the NYSE’s list of top decliners. Fannie was down almost 16% at last glance, although that was only 25 c...
Reuters
After surging yesterday, gold is on the rise again today. At last glance it was hovering around $984 a troy ounce, up more than $4. That’s about 1.8% below gold’s 52-week high of ...
Everett Digital
Those were the days!
Remember 1983? Dan Akroyd and Eddie Murphy were showing America the comedic potential of orange juice futures in “Trading Places.”
Michael Jackson wo...
Washington’s two major market regulators on Thursday wrapped up hearings on how they might coordinate their activities better. Such action apparently is the next best thing to the full-blown mer...
Everett
A little light?
As they did on Thursday, stocks sprinted a bit higher as the closing bell approached Friday afternoon.
The Dow and the S&P 500 both finished up by more than 1% in a tradi...
If there’s still value to be had in stocks, shouldn’t companies be buying?
Well, they haven’t been. The Excel-masters over at S&P have crunched the numbers, reporting Tuesday t...
The news that Citigroup is working on a plan to cut the government’s 34% stake isn’t sitting well with investors. They don’t seem to like the idea of a wave of 7.7 billion government...
Bloomberg News
Could a voicemail that languished for months inside Warren Buffett’s cellphone have saved Lehman Brothers?
This is the tale recounted from Time’s Karen Tumulty, who was re...
Natural gas has soared more than 40% in just a few days. Early this afternoon at the New York Mercantile Exchange, natural gas futures were up 9.8% to $3.65 per million British thermal units.
But it...
Bloomberg News
Investors have long borrowed and sold the Japanese currency en masse, using the proceeds to snap up higher-yielding assets outside the land of the rising sun. Dubbed “the carry t...