Category: Tech News

Wall Street set to open flat as global growth worries weigh

| March 4, 2013

NEW YORK (Reuters) – Wall Street was poised to start Monday’s session little changed as worries about the prospects for global economic growth prompted investors to step back from equities that are within reach of record highs.

Continue Reading

Stocks open lower on Wall Street as cuts loom

| March 1, 2013

NEW YORK (AP) — Stocks opened lower on Wall Street Friday, with the Dow pulling back from close to a record, as automatic government spending cuts are about to kick in. The Dow Jones industrial average fell 35 points, or 0.3 percent, to 14,019 points as of 10 a.m.

Continue Reading

Wall Street cash bonuses rose in 2012: NY comptroller

| February 26, 2013

NEW YORK (Reuters) – Wall Street cash bonuses rose in 2012 but were still below pre-crisis levels, and the industry is gearing up for more layoffs as it continues to adapt to more regulation and heightened competition, New York ‘s top financial official said.

Continue Reading

New York State to release Wall Street bonuses report

| February 26, 2013

NEW YORK (Reuters) – New York State ‘s top financial officer will release estimates of Wall Street 2012 cash bonuses on Tuesday as public scrutiny of bankers’ pay continues unabated.

Continue Reading

Wall Street trips and falls on cloudy Italian election

| February 25, 2013

NEW YORK (Reuters) – Stocks on Monday suffered their biggest drop since November after a strong showing in Italian elections by groups opposed to the country’s economic reforms triggered worry that Europe ‘s debt problems could once again destabilize the global economy. The decline marks the biggest percentage drop for the benchmark Standard & Poor’s 500 Index since November7, and drove the S&P down to its lowest close since January 18. The CBOE Volatility Index or VIX, Wall Street ‘s favorite barometer of fear, surged 34 percent, its biggest jump since August 18, 2011.

Continue Reading

Wall Street holds its nerve as spending cuts near

| February 22, 2013

NEW YORK (AP) — With barely a week to go before $85 billion in automatic government spending cuts kick in, Wall Street is holding its nerve.

Continue Reading

Cargill joins Wall Street banks as swap dealer

| February 21, 2013

WASHINGTON (Reuters) – Commodities trader Cargill Inc has registered as a swap dealer with the U.S. derivatives regulator, a sign that new financial-stability rules have started impacting firms well outside Wall Street

Continue Reading

Stocks little changed on Wall Street

| February 15, 2013

NEW YORK (AP) — Stocks were little changed on Wall Street Friday, with the S&P 500 barely holding on to its seventh week of gains. The Standard & Poor’s 500 fell two points to 1,520 as of 12:32 p.m.

Continue Reading

U.S. stock index futures signal higher Wall Street open

| February 5, 2013

LONDON (Reuters) – U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 0.2 to 0.3 percent.

Continue Reading

Why does Wall Street hate Obama?

| February 5, 2013

The titans of Big Finance are raking it in like never before Hey, Wall Street , where’s the love for Barack Obama ? His presidency has been good for you

Continue Reading

Get Adobe Flash player