MARKETS / FINANCE

Barclays profit up as bad debt costs fall

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Barclays reported a 5 percent rise in underlying quarterly profit as lower charges for bad debt at the British bank offset a third consecutive sharp fall in investment banking revenues as the euro zone financial crisis deepened.
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Occupy Wall Street

Occupy Wall Street - Giving Voice to Economic Problems, or Just Hype?

It’s convenient to think that the economic and social problems in the United States that Occupy Wall Street has given voice to will go away by passing a flat tax, cutting taxes again on upper-income groups, or perhaps by just ignoring everything. But the economic and social problems are there, Occupy Wall Street or not.
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IMF mulls how to better help countries under strain

The International Monetary Fund said on Sunday that it was considering how better to help countries under economic strain because of financial market stress but said it was not targeting particular countries.
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Investors should avoid Groupon IPO: Barron's

Investors may want to avoid Groupon Inc's high-profile IPO this week because the deals and coupon website operator has an unproven earnings record and slow growth, according to Barron's newspaper.
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Dutch fear more euro turmoil: poll

The Dutch remain overwhelmingly pessimistic about the prospects for the euro zone and fear that Italy or Spain will be next in line for a bailout, according to a poll published on Sunday ahead of another parliamentary debate on the debt crisis.
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Analysis: Too many start-ups chase too little cash

Venture capitalist Bill Gurley has noticed something new this autumn: a big jump in the number of what he calls legitimate introductions that he receives each day to entrepreneurs who hope he might invest in their start-up companies.
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ECB's Trichet sees low inflation for 10 years: paper

European Central Bank President Jean-Claude Trichet was quoted by a German newspaper as saying inflation in the euro zone would be very low over the next 10 years, with expectations currently for around 1.8 percent.
2012 Election

Republican Presidential Candidates: Where Does 2012 GOP Race Stand?

It’s conventional wisdom that because the 2012 Republican nomination race is relatively close, it’s likely to stay a dogfight until the last primary has been held in June. Don’t believe it: Political-science research says the one who wins the New Hampshire primary in January and Super Tuesday on March 6 will be the nominee.
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Regulator rebuts critics on housing help

Fannie Mae's and Freddie Mac's regulator on Saturday rejected criticism he was obstructing a housing recovery by taking too narrow a view of his mission to protect the financial health of the two massive, taxpayer-supported mortgage firms.
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ECB's Trichet: low inflation for 10 years

European Central Bank President Jean-Claude Trichet was quoted by a German newspaper as saying inflation in the euro zone would be very low over the next 10 years, with expectations currently for around 1.8 percent.
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Europe bailout fund chief courts China

The head of Europe's rescue fund sought to entice China on Saturday to invest in the facility by saying investors may be protected against a fifth of initial losses and that bonds could eventually be sold in yuan if Beijing desires.
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Portugal wants U.S. help in euro crisis: source

Portugal asked Mexico on Saturday to tell fellow G20 members next week that the United States should offer financial help to resolve the euro zone sovereign debt crisis, describing it as a systemic and global problem, a Portuguese government source said.
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New China bank watchdog a calm captain through storms

China's new banking regulator Shang Fulin will bring experience in pressing reforms and a hallmark cool-headed approach as he takes oversight of a sector trying to digest the effects of a lending binge that has left banks with mounting piles of debt.
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Have you heard? Buy the dip

With the S&P 500 about to end its best month in almost 40 years, many would be happy to cash in gains and start packing for the ski slopes.
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Groupon mulls raising IPO price

Groupon Inc is considering raising its IPO price range, as underwriters grow more confident about demand after completing the East Coast leg of a two-week roadshow to woo investors.
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Bank of America revamping debit card fees

Bank of America Corp, after receiving heavy public criticism for a planned $5-per-month debit card fee, is likely to give customers more ways to avoid the fee, a person familiar with the bank's plans said Friday.

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