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Financial Markets

A collection of news and information related to Financial Markets published by this site and its partners.

Top Financial Markets Articles

Displaying items 111-121
  • Stocks rise more than 1% despite weak jobs report

    NEW YORK -- Stocks rallied about 1% despite the U.S. Labor Department's report showing weaker-than-expected employment growth last month. Investors appeared to look on the brighter side of the federal government's closely watched barometer of the...
  • Public interest group sues Justice Dept. over JPMorgan settlement

    Public interest group sues Justice Dept. over JPMorgan settlement
    WASHINGTON -- A public interest group on Monday sued the Justice Department over last year’s record $13-billion settlement with JPMorgan Chase & Co., arguing the deal to resolve investigations into faulty mortgage investments was unconstitutional...
  • Home loans hit 14-year low as rates rise

    Home loans hit 14-year low as rates rise
    The mortgage industry's output of new loans is at the lowest point in 14 years, according to estimates from a trade publication.  Inside Mortgage Finance said Thursday that even in the depths of the financial crisis, mortgage lenders were busier than...
  • Bernanke to write book about Fed's handling of Great Recession

    Bernanke to write book about Fed's handling of Great Recession
    Former Federal Reserve Chairman Ben S. Bernanke first gained prominence writing about the Great Depression. Now he plans a memoir to defend how he and other officials battled the biggest crisis and economic downturn since then. “I'd like to be...
  • Average Wall Street bonus up 15% in 2013, stands at $164,530

    Average Wall Street bonus up 15% in 2013, stands at $164,530
    Wall Street bonuses grew an estimated 15% in 2013, swelling to an average $164,530, the third-highest amount on record, the New York comptroller's office reported Wednesday. Firms will pay out an estimated $26.7 billion in bonuses to their employees for...
  • Dow plunges 326 points in worst day of year

    Dow plunges 326 points in worst day of year
    NEW YORK -- Fresh doubts over the U.S. economic recovery pushed the stock market closer to a long-awaited correction as investors worried about global growth. The Dow Jones industrial average plummeted 326 points on Monday as the index of blue-chip...
  • Fed releases transcripts of meetings from 2008 financial crisis

    WASHINGTON -- The Federal Reserve on Friday released transcripts of its 2008 meetings when central bank policymakers were grappling with the financial crisis. The transcripts from official Federal Open Market Committee sessions are made public after...
  • Nearly all top U.S. banks could withstand severe recession, Fed says

    WASHINGTON -- Only one of the nation's 30 largest banks would not be able to withstand a severe recession and the firms collectively are in better financial position to handle economic shocks than five years ago, according to Federal Reserve stress test...
  • Candy Crush game maker King Digital's shares tumble 10% from IPO price

    Candy Crush game maker King Digital's shares tumble 10% from IPO price
    Shares of King Digital Entertainment, the maker of the addictive Candy Crush game, tumbled Wednesday in their first day of trading on Wall Street.  The stock, priced at $22.50 a share in its initial public offering late Tuesday, began trading...
  • Key senators agree on plan to replace Fannie Mae, Freddie Mac

    Key senators agree on plan to replace Fannie Mae, Freddie Mac
    WASHINGTON -- Congressional efforts to shut down bailed-out Fannie Mae and Freddie Mac took a significant step forward Tuesday as key senators announced bipartisan agreement on a plan to overhaul the housing finance system. The proposal, which will be...
  • Number of millionaires in U.S. reaches a new high

    Number of millionaires in U.S. reaches a new high
    There are more millionaires in the United States than ever before. The number of households with net worth of $1 million or more, excluding their homes, is at a record 9.63 million, according to a new report. That eclipses the old mark of 9.2...