Blog

• New Mortgage-Related Assistance May Bring Relief To U.S. Homeowners

  On Tuesday, the Bush administration made public a new program aiming to modify mortgages and set back on track the U.S. real estate market. However, experts in the financial sector have been ...

• Federal Reserve Approves American Express Application To Become Commercial Bank

  In an effort to remain afloat amid the global financial crisis and the dramatic slowdown of consumer spending, New York-based American Express, the United States’ largest credit-card company ...

• Yield Curve : Investment and Economic Indicator

  In his book The Strategic Bond Investor, author and bond-market strategist, Tony Crescenzi, notes that a yield curve is “the closest thing the bond market has to a crystal ball”. That being ...

• Companies Explore Merger Possibilities To Counteract Economic Crisis

  Google has withdrawn from a planned advertising deal with Yahoo, due to resistance from clients and regulators. This fueled speculation that Yahoo may be an acquisition target. During a ...

• Post-Election Markets Remain Volatile

  Instead of the anticipated post-election euphoria, U.S. stock markets gave way to post-election anxiety with major indexes plunging on Wednesday following Barack Obama’s history-making ...

• U.S. Markets Enjoy Election Day Rally

  Monday saw U.S. stocks end the day virtually flat, presumably in anticipation of the Tuesday presidential elections. However, on Tuesday, before the outcome of the elections were confirmed, ...

• U.S. Stock Markets Subdued Ahead Of U.S. Presidential Election

  U.S. stock markets were rather subdued on Monday, closing practically flat ahead of Tuesday’s presidential election. The Dow Jones industrial average dropped 5.18 points (0.06 percent) ...

• October Marks Worst US Trading Month in 21 Years, World Leaders Prepare To Review Global Finance Regulations.

  Although trading picked up substantially on Friday, ending on a positive note for the second day in a row, it nonetheless brought to a close the worst month that the US stock market has ...

• U.S. Auto Industry Desperate For Government Bailout

  Further to Wednesday’s article (see "General Motors Seeks Government Aid For Merger With Chrysler"), a Bush administration official revealed late Thursday that the Treasury is not ...

• Stock Market Volatility And Trading Volumes Indicate Investors Are Still Trading

  Tuesday saw Wall Street enjoying its second-best advance ever, but Wednesday presented a mixed bag of major stock indexes. While many have been referring to the stock market at seesawing, at ...

• General Motors Seeks Government Aid For Merger With Chrysler

  U.S. vehicle manufacturing giants, General Motors and Chrysler (owned by Cerberus Capital Management), have appealed to the U.S. government for $10 billion to facilitate a merger of the two ...

• Hedge Funds Take Strain In Volatile Market

  A report by the Bank of England on Tuesday noted that bank credit risks have been reduced and money market pressures have eased off following the recent financial sector bailouts across the ...