Markets
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Egan-Jones cuts U.S. debt ratingSep 14, 2012 4:40 pm - NEW YORK — Egan-Jones is downgrading its rating on U.S. debt to AA- from AA, citing Federal Reserve plans to try to stimulate the economy. The credit rating agency says ...
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‘Great Satan’ supplying plenty of goodsSep 14, 2012 3:25 pm - TEHRAN, Iran — The Great Satan still sells in Iran. Even after decades of diplomatic estrangement and tightening economic sanctions, American products manage to find the...
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Dow ends trading at pre-recession levelSep 14, 2012 10:45 am - NEW YORK — The stock market rose again Friday because of economic help from the Federal Reserve. But even some of the buyers weren’t believers. The Dow Jones industrial ...
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NYSE paying $5M fine to settle charges on dataSep 14, 2012 10:45 am - WASHINGTON — The New York Stock Exchange is paying $5 million to settle federal civil charges that it gave some customers an unfair head start by providing them with tra...
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UnitedHealth to replace Kraft in Dow 30Sep 14, 2012 10:45 am - NEW YORK — UnitedHealth Group, the health insurance company, will replace Kraft Foods in the Dow Jones industrial average, the most widely known barometer of the America...
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Fed to spend $40B a month on bond purchasesSep 13, 2012 12:16 pm - WASHINGTON — The Federal Reserve says it will spend $40 billion a month to buy mortgage-backed securities for long as necessary to stimulate the still-weak economy and r...
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Stocks surge on Fed announcementSep 13, 2012 11:00 am - The stock market staged a huge rally Thursday after investors got the aggressive economic help they wanted from the Federal Reserve. The Dow Jones industrial average spi...
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Stocks rise as investors wait for the FedSep 12, 2012 3:53 pm - NEW YORK — The stock market edged higher Wednesday after a court cleared the way for Germany to participate in a European rescue fund. Attention shifted to the Federal R...
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Zuckerberg lifts Facebook’s battered stockSep 12, 2012 1:57 pm - NEW YORK — CEO Mark Zuckerberg’s talk of Facebook’s mobile prospects and his acknowledgment that the company cares about making money as well as making the world “more o...
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Expectations high for major Fed action ThursdaySep 12, 2012 10:59 am - WASHINGTON — If the world’s investors are right, the Federal Reserve is about to take a bold new step to try to invigorate the U.S. economy. And many expect the Fed to u...