Aug 27, 2012 | Banking and Finance
U.S. stocks are trading higher as investors anxiously await this Friday’s speech from Federal Reserve Chairman Ben Bernanke. Bernanke’s speech at the Fed’s annual symposium in Jackson Hole, Wyoming may signal whether or not the Fed is open to...
Jun 4, 2012 | Banking and Finance
U.S. stocks are extending losses after the latest economic data showed factory orders fell in April for a second month, adding to evidence that U.S. economic growth is slowing. The S&P 500, the U.S. benchmark equity index is now down 10% from its 2012 peak...
Mar 14, 2012 | Banking and Finance
U.S. stocks opened mildly higher, extending gains into a sixth day on follow-on strength from yesterday’s surprise Fed stress test results which allowed a dividend-increase melee among banks. The actions reiterate the Fed’s view that strains in...
Dec 1, 2011 | Banking and Finance
Would you like to give your children or grandchildren different kinds of gifts this holiday season? Financial gifts never go out of style. Some ideas: Stock or mutual fund shares. Your gift may spur a lifetime interest in investing. The “kiddie tax”...
