Tag Archives: Wall Street
When lawmakers delivered a long-delayed, last-minute agreement on the budget, Wall Street celebrated. And it would be easy to think that the surge in the Dow the following day meant that investors had put their concerns about Washington’s political gridlock behind them. Read More
2012 had its fair share of big days on the stock market. Here’s a look back at what set off the biggest moves in the Dow Jones industrial average. Read More
Zions Direct offers a unique opportunity for individual investors to participate in auctions for various securities. Help determine your own investment yields when you bid on investment products at www.zionsdirect.com. Read More
When it comes to building an investment portfolio, you need to determine your investment horizon and risk tolerance. Discover how these factors may influence the investment strategies you choose. Read More
If you’re holding back from the stock market simply because you don’t know where to begin, here’s a start – Wall Street Survivor. This interactive website allows you to not only experiment with the market on a real-time simulator, but also has learning modules that help you master the basics. Read More
Wall Street’s volatility has hit state pension funds just as they were beginning to recover from the recession. Read More
Jim Grant quotes obscure dead economists at length. He pines for an earlier time of gas lights and top hats when the dollar was convertible to gold. He wears bowties. Read More
NEW YORK (AP) — Will corporate profits save the stock rally — or kill it?
Most companies won’t announce second-quarter earnings for a few weeks yet. But already Wall Street is buzzing about what might lie ahead. One worry: With investors on edge from bad economic news, the market is riding more than ever on these upcoming reports.
GAINING GROUND, BUT WILL IT LAST? Americans’ wealth grew by a modest 2.1 percent last quarter to $54.6 trillion, lifted by stock market gains. Since then, Wall Street has slumped. Net worth in the current quarter could fall or come in flat, analysts say.
The European debt crisis is likely to have only a “modest” impact on the U.S. economic recovery as long as Wall Street stabilizes, Federal Reserve Chairman Ben Bernanke told Congress on Wednesday, June 9.
Testifying before the House Budget Committee, Bernanke struck a more confident tone that the recovery will remain intact despite problems in Europe as well stubbornly high unemployment and a fragile housing market here at home.
“The economy … appears to be on track to continue to expand through this year and next,” Bernanke said.
However, the pace of the expansion — 3.5 percent this year by the Fed’s estimate — won’t be strong enough to quickly bring relief to the 15 million Americans who are unemployed. . . . read more Read More
Federal regulators moved Wednesday, May 26, toward requiring a uniform system for tracking all securities orders on U.S. exchanges, in hopes of making it easier to investigate market disruptions like the May 6 plunge.
Members of the Securities and Exchange Commission proposed, on a 5-0 vote, requiring exchanges to maintain an “audit trail” covering trading orders from start to routing to execution.
Banking regulators shared the blame for the financial crisis that buckled Wall Street. Now they’re the ones lawmakers are counting on to give final shape to the new overhaul of financial rules.
In section after section of the massive 1,560-page Senate bill, lawmakers leave much of the details for the regulators to figure out. These are the bank and market overseers — the Federal Reserve, the Office of the Comptroller of the Currency, the Securities and Exchange Commission — who took a beating for not overseeing Wall Street more strictly and for failing to see the danger before it struck in 2008.
Good sense has vanished from many areas of American life including how families manage their money, says economist and television commentator Ben Stein.
“You’ve got to correct your spending patterns so that you’re saving every week or every month,” Stein says. “You’ve got to correct your spending so that you’re not even remotely spending more than you earn. You’ve got to live a life of good sense.”
Legions of consumers lived well beyond their means and failed to save for an emergency. It’s the financial mayhem that ensued that still burdens the economy. In “The Little Book of Bulletproof Investing,” Stein and co-author Phil DeMuth provide guidance to investors . . . read more Read More