Articles by Joseph Lazzaro

241-270 (out of 1112)

Joseph Lazzaro, U.S. Editor, served as Managing Editor of New York-based financial news web sites, 1999-2004, and as Economics/Markets Editor for AOL’s, 2008-2011.

IAEA Sees New 'Activities' At Iran Site: Diplomats

The U.N. nuclear watchdog showed new satellite imagery on Wednesday indicating that Iranmay be cleaning a site where inspectors suspect it has carried out tests relevant to developing atomic bombs, participants at a closed-door briefing said.

US Stocks - Time To 'Sell In May And Go Away'?

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. Where?s the market headed in the next six months?

CalSTRS Pension Fund To Vote Against Wal-Mart Board

The second largest public pension fund said on Tuesday it plans to vote all of its Wal-Mart Stores Inc shares against the entire board in the wake of bribery allegations in Mexico that Wal-Mart officials failed to fully investigate.

US Existing Home Sales Rose 3% In April

U.S. home resales rose in April to their highest annual rate in nearly two years and a falloff in foreclosures pushed prices higher, hopeful signs for the country's economic recovery.

OECD Sees Euro Zone Crisis Threatening Global Recovery

The United States and Japan are leading a fragile economic recovery among developed countries that could yet be blown off course if the euro zone fails to contain the damage from its problem debtor states, the OECD said on Tuesday.

JPMorgan Suspends Buybacks, Maintains Dividend

JPMorgan Chase & Co Chief Executive Officer Jamie Dimon said on Monday that the bank had suspended repurchases of its stock, but is maintaining its dividend, while working down losing trades in credit derivatives.

US Stock Index Futures Signal Higher Open Monday

U.S. stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.85 percent, Dow Jones futures up 0.49 percent and Nasdaq 100 futures up 0.79 percent at 0842 GMT.

The Most-Effective, Quickest Way To Create More U.S. Jobs

In a talk at New York's Princeton Club, Nobel Prize-winning economist and New York Times Columnist Paul Krugman said the solution to create more jobs and get the U.S. economy to grow faster isn't rocket science: it's fiscal stimulus.

US Senate Banking Committee To Ask Dimon To Testify

JPMorgan Chase & Co Chief Executive Jamie Dimon will be invited to testify before Congress over the recent trading losses announced by the bank, U.S. Senate Banking Committee Chairman Tim Johnson said in a statement on Thursday.

Fed Keeps Bond-Buying Door Open: Minutes

U.S. Federal Reserve policymakers kept the door open to a fresh round of monetary stimulus, citing downside risks to a moderately expanding economy, according to minutes for the central bank's April meeting.

Greeks Withdraw Cash On Concern About Euro Exit

Greece put a senior judge in charge of an emergency government on Wednesday to lead it to new elections on June 17 and bankers sought to calm public fears after the president said political chaos risked causing panic and a run on deposits.

April US Housing Starts Rise 2.6% - Better Than Expected

Housing starts rose more than expected in April, according to a government report on Wednesday that offered signs of a nascent housing recovery, even though permits for future building fell after touching a 3-1/2 year high the prior month.

Carlos Fuentes, Mexican Novelist, Dies At 83

Carlos Fuentes, one of Latin America's most eloquent and widely read authors and a fierce critic of governments, has died after a literary career spanning more than five decades. He was 83.

FBI Launches Investigation Of JPMorgan Trading Losses

The FBI has opened a probe into trading losses at JPMorgan Chase & Co, stepping up the pressure on the bank after the U.S. Securities and Exchange Commission and the Federal Reserve said they were also looking into the wrong-way bets that led to the losses.

US Stock Index Futures Point To Tuesday Rebound

U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with the futures for the S&P 500 and the Dow Jones up 0.6 percent and Nasdaq 100 futures up 0.8 percent at 0733 GMT.

Blast Kills 9 In Northern Afghanistan

Explosives planted on a bicycle killed nine people in the relatively peaceful Faryab province of northern Afghanistan on Monday, including a provincial council member, police said, amid an increase in violence across the country.

US Stock Futures Signal Lower Start Monday

U.S. stock index futures pointed to a lower open on Wall Street on Monday, with S&P 500 futures down 1 percent and contracts for the Dow Jones and Nasdaq 100 down 0.9 percent.

Spain To Demand That Banks Recognize More Losses

Spain stepped up efforts to save its troubled banks on Thursday with a plan to make them recognize huge losses from a property crash, but uncertainty over the final cost of a rescue hit the euro, Spanish debt and global stock markets.