By IBTimes
You can't blame investors for feeling a bit squeamish regarding deploying new money in the U.S. stock market these days, with the Dow Jones Industrial Average’s (DJIA) recent slide from 13,300 to 12,450 unnerving even the most experienced institutional investors. (May 25)
MORE TOPICS:
DOW JONES, BEN BERNANKE, PORTUGAL, GERMANY, MANUFACTURING, GDP
By Reuters UK
JPMorgan Chase <JPM.N> Chief Executive Jamie Dimon has been invited to testify before the Senate Banking Committee on June 7 to give lawmakers insight into the bank's trading loss of at least $2 billion (1.27 billion pounds), Senator Tim Johnson said on Friday. (May 25)
MORE TOPICS:
SEC, JPMORGAN CHASE, MANAGEMENT, FBI, INVESTMENT, LONDON
By IBTimes
French and German consumer confidence showed unexpected strength, reports showed Friday. While the market is cheering about the "good news," some economists view this as a warning sign of a euro zone crisis fatigue - something that is as dangerous, if not more so than the crisis itself. (May 25)
MORE TOPICS:
FREDDIE MAC, FANNIE MAE, BANK OF AMERICA, JPMORGAN CHASE, LEHMAN BROTHERS, MERRILL LYNCH
By IBTimes
U.S. mortgages rates have dropped to record lows for four consecutive weeks, but that doesn't mean more homes will be sold. In fact, at least one housing expert argues that extremely low rates are causing banks to be even more stringent with und... (May 25)
MORE TOPICS:
BEN BERNANKE, JPMORGAN CHASE, WELLS FARGO, FREDDIE MAC
By Reuters
The debate over how the Federal Reserve can best articulate its policy actions grew on Friday as a top Fed official warned against discretionary decisions, and asked whether a more systematic approach was desirable. (May 25)
MORE TOPICS:
NEW YORK
By IBTimes
The Federal Reserve Bank of Kansas City said Thursday that manufacturing growth in the Midwest and part of the Rocky Mountain region rebounded in May and that firms were more optimistic than in previous months. (May 24)
MORE TOPICS:
MANUFACTURING, MEXICO
By IBTimes
Is Ron Paul 2012 trying to upstage presumptive Republican presidential nominee Mitt Romney during the 2012 Republican National Convention in Tampa? (May 24)
MORE TOPICS:
FLORIDA
By Reuters
The shadows being cast over the global economy darkened this month as the euro zone's private sector declined further and China's once-booming factories faltered, business surveys showed on Thursday. (May 24)
MORE TOPICS:
CHINA, HSBC, GERMANY, MANUFACTURING, EUROPEAN UNION, RETAIL SALES
By Reuters UK
General Electric Co <GE.N> plans to continue to shrink its finance arm, pulling back from consumer finance and reducing its real estate holdings, but Chairman and Chief Executive Jeff Immelt said on Wednesday he did not know how long the change would take. (May 23)
MORE TOPICS:
GENERAL ELECTRIC, INDIA, FLORIDA, NEW YORK