FINANCIAL SERVICES

Fed members are seriously considering changing their approach to announced expectations, to communicate an explicit “threshold” for inflation and unemployment.

Bloomberg L.P. launched an app portal to allow third-party developers and clients to use their financial data and terminal service to build apps with a financial focus.

A testy day for one of Wall Street’s most closely followed indicators of market panic went from unusual to downright bizarre.

U.S. stocks were sharply lower and analysts said worries about a big tax hike next year was one probable cause.

Shares of struggling video game publisher THQ (Nasdaq: THQI) dropped by nearly half following a weak quarterly report.

Shares of Facebook Inc. (Nasdaq:FB) fell nearly 4 percent as Facebook’s employees are free to sell some of their stock.

U.S. stock markets reopened mostly without incident Wednesday, even as the rest of NY’s Financial District felt its way through Sandy's aftermath.

Hurricane Sandy, which ravaged the U.S. East Coast, has also wreaked havoc in the cyber world as the storm floods knocked down the servers of several popular websites, forcing them to go offline for hours.

How far can central banks go?

The NY Stock Exchange has unexpectedly shut down more than 100 times in the past century, due to events from blizzards to war.

Flip-flopping more than any presidential candidate on the campaign trail, the New York Stock Exchange actually will be closed Monday.

Rajat Gupta, a former Goldman Sachs director, will do hard time for insider trading.

A statement following a two-day meeting of the U.S. central bank led to predictably boring results. That did not stop robot stock traders from going berserk at the announcement.

Canada's largest bank is buying Ally Financial, which is raising money to pay back the U.S. government for its bailout.

A surge in contracts on the events futures market InTrade that Gov. Mitt Romney will be elected president sparked concern about manipulation.

Expectations for the near future are down as S&P 500 companies could see their first quarter of negative growth in years.

European markets were mixed Thursday as investors were waiting for the results of the European Council summit starting in Brussels later in the day. The summit is expected to announce measures to control the debt crisis affecting the euro zone.

Asian stocks gained Thursday with investor sentiment turning positive as data from China showed that the world’s second largest economy grew as expected in the third quarter, decreasing the concerns about the rapidly worsening economic conditions.

Despite a huge U.S. federal debt and prospects of a so-called fiscal cliff, foreign governments continue to snap up U.S. government debt.

European markets rose Wednesday as investor confidence was lifted by hopes that Spain will soon apply for a conditional credit line and hence trigger the European Central Bank’s new bond buying plan.

Talking heads were scrambling to explain the sudden departure of Citigroup, Inc. (NYSE: C) Chief Executive Vikram Pandit Tuesday.

Investors flocked back to the Japanese telecom following the announcement of a Sprint takeover.

Despite reports from the U.S. and China of growing economies, traders ignored the data, focusing on a downbeat forecast.

The financial press fawned over the quarterly results of JPMorgan Chase & Co. (NYSE: JPM) Friday. But why?

Infosys Technologies Ltd, India's second largest software services firm, reported Friday a 24 percent rise in the net profit for the second fiscal quarter ending June 31, 2012, meeting market expectations. However, the Bangalore-based company gave a weaker-than-expected earnings forecast for the third quarter, sending its shares down by 5 percent in the morning trade.

Recent spate of cyberattacks on the U.S. bank websites is an ample proof that the hackers employed sophisticated and diverse tools, including botnet that created a coordinated campaign against the financial services institutions.

New York Attorney General Eric Schneiderman sued JPMorgan Chase Monday, alleging widespread fraud in the sale of mortgage-backed securities by the defunct Bear Stearns before the financial crisis.

The Wells Fargo (WFC) website became the latest victim of cyber attack when it experienced intermittent outages Tuesday. After eliciting hundreds of complaints, the website resumed operations to provide regular services to customers.

Northwest Bank announced completion of the acquisition of Bank of America (NYSE: BAC) locations in Spencer, Algona, Fort Dodge and Estherville, according to Spencer Daily Reporter.