Blog
Timothy Massad Nominated as CFTC Chairman
President Barack Obama's nomination of Timothy Massad to replace Gary Gensler as the chairman of the Commodity Futures Trading Commission (CFTC) came as no surprise. Massad played a ...
Twitter Prepares for IPO Launch
As Twitter prepares to launch its initial public offering, analysts are comparing every move the company makes to Facebook's problem-plagued May 2012 IPO through Nasdaq. Twitter aims to ...
Reid-McConnell Act Averts Default
Stock markets rallied in response to an eleventh-hour agreement to end the partial US government shutdown, with the S&P 500, Dow Jones Industrial Average and Nasdaq all closing up by more ...
Talk of US Debt Default Unsettles Markets
Global markets continue to be affected by the grim possibility that the US government's partial shutdown could result in the world’s largest economy defaulting on its debt. Japan's Nikkei ...
Fed’s Stimulus Strategy Unchanged
In recent months there has been widespread consensus on Wall Street that the Federal Reserve will start tapering off its economic stimulus strategies by about $10 billion per month for the ...
August Auto Sales Boost US Markets
Wednesday saw US stocks rise for the second consecutive day, with strong auto sales lifting investor confidence. The Dow Jones industrial average climbed 97 points (0.65%), the S&P 500 ...
Financial Crisis Accountability on the Cards
The recently released results of the review of the 2008 financial crisis by the Government Accountability Office (GAO) has revealed that federal and state insurance regulators helped to ...
Wall Street Slips; BoA Faces Lawsuits
Wall Street slumped for the third session in a row in response to disappointing earnings reports and the news that the US government has filed lawsuits against Bank of America for alleged ...
Second Quarter Results Boost Facebook Shares
Facebook continues to redeem itself with investors after its much-publicized, debated and, some might say disastrous, IPO in May 2012. The company's second quarter results reveal that ...
Fed Bond Purchases to Slow Down Later This Year
The minutes of the Federal Open Market Committee (FOMC) meeting held in June were released yesterday, revealing the Fed's intentions for tapering off quantitative easing (QE) later this ...
Foreign Direct Investment Trends
The release of the 2013 World Investment Report by the United Nations Conference on Trade & Development (UNCTAD) yesterday revealed that global corporations invested more in emerging markets ...
Talk of QE Withdrawal Impacts Wall Street
Stocks on Wall Street fell for the third consecutive day on Wednesday, driven by uncertainty and speculation on how US central banks will go about ending stimulus measures. Analysts think it ...
