Less worried about layoffs, jobholders spend more
WASHINGTON — A steady decline in layoffs is giving the vast majority of adults who have jobs the confidence to spend more freely and help energize the economy. They no longer worry so much about losing...
View ArticleFed names banks that drew loans during crisis
WASHINGTON — For the first time in its 98-year history, the Federal Reserve today identified banks that borrowed from its oldest lending program, naming those that drew emergency loans during the...
View ArticleStrong earnings likely to drive stocks higher
NEW YORK (AP) — Stocks look ready to push higher on better-than-expected earnings results from Apple Inc., General Electric Co. and Morgan Stanley. General Electric and Morgan Stanley reported...
View ArticleMoody’s warns big banks of possible downgrades
NEW YORK — The three banks’ current ratings are already in the middle of the investment-grade corporate credit ratings. And that’s with a boost from Moody’s assumption the federal government would...
View ArticleBumpy earnings season ahead for banks
NEW YORK — You can usually tell a lot about the health of the U.S. economy by looking at the financial results of banks. They’re the people who finance new factories, plant expansions and fatter...
View ArticleACLU sues Morgan Stanley over subprime loans
The American Civil Liberties Union accused Morgan Stanley of violating civil rights laws by encouraging a lender to push more expensive and risky mortgages on black neighborhoods in Detroit.
View ArticleGoldman, Morgan Stanley pay $557M in mortgage case
Goldman Sachs and Morgan Stanley will pay a combined $557 million to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.
View ArticleRegulators propose stricter rule for 8 big banks
Federal regulators took a step today toward making eight of the largest U.S. banks meet a stricter measure of health to reduce the threat they pose to the financial system.
View ArticleS&P 500 pushes further into record territory
Strong earnings from big U.S. companies helped push the Standard & Poor's 500 index further into record territory today.
View ArticleWine production dip doesn’t concern local vendors
Wines that have become staples to menus, bars and palates may not be as readily available, and that could mean higher prices for consumers.
View ArticleMorgan Stanley’s earnings are hit by bond trading slump
Turbulence in global markets hit Morgan Stanley's business particularly hard in the third quarter, sending the bank's earnings down 42 percent, well short of analysts' estimates.
View ArticleMorgan Stanley to pay $3.2B over contributors to ’08 crisis
Morgan Stanley will pay $3.2 billion in a settlement over bank practices that contributed to the 2008 financial crisis, including misrepresentations about the value of mortgage-backed securities,...
View ArticleBumpy earnings season ahead for banks
NEW YORK — You can usually tell a lot about the health of the U.S. economy by looking at the financial results of banks. They’re the people who finance new factories, plant expansions and fatter...
View ArticleACLU sues Morgan Stanley over subprime loans
The American Civil Liberties Union accused Morgan Stanley of violating civil rights laws by encouraging a lender to push more expensive and risky mortgages on black neighborhoods in Detroit.
View ArticleGoldman, Morgan Stanley pay $557M in mortgage case
Goldman Sachs and Morgan Stanley will pay a combined $557 million to settle federal complaints that they wrongfully foreclosed on homeowners who should have been allowed to stay in their homes.
View ArticleRegulators propose stricter rule for 8 big banks
Federal regulators took a step today toward making eight of the largest U.S. banks meet a stricter measure of health to reduce the threat they pose to the financial system.
View ArticleS&P 500 pushes further into record territory
Strong earnings from big U.S. companies helped push the Standard & Poor's 500 index further into record territory today.
View ArticleWine production dip doesn’t concern local vendors
Wines that have become staples to menus, bars and palates may not be as readily available, and that could mean higher prices for consumers.
View ArticleMorgan Stanley’s earnings are hit by bond trading slump
Turbulence in global markets hit Morgan Stanley's business particularly hard in the third quarter, sending the bank's earnings down 42 percent, well short of analysts' estimates.
View ArticleMorgan Stanley to pay $3.2B over contributors to ’08 crisis
Morgan Stanley will pay $3.2 billion in a settlement over bank practices that contributed to the 2008 financial crisis, including misrepresentations about the value of mortgage-backed securities,...
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