Obama Talks to Buffett About Economy

President Barack Obama, preparing for a post-Labor Day speech with plans for stimulating the economy, talked with billionaire Warren Buffett about how to boost job creation and spur growth. “The…


Sign of a top? GLD Moves Into Top Spot, Surpasses SPY As Biggest ETF - Focus on Funds

GLD Moves Into Top Spot, Surpasses SPY As Biggest ETF Is $5,000/Ounce The New Target In Gold’s Run?MKM: Buy Silver ETF (14% Upside); Pair Utilities With October Calls By Murray Coleman Here’s another…


S&P replaces president with Citibank exec after U.S. downgrade

(Reuters) - The chief of Standard & Poor's will step down next month, to be replaced by a senior Citibank executive, in a move announced a few weeks after the credit rating agency downgraded U.S.…


Obama’s Attack on Goldman Sachs May Trigger Recession

The regulators Goldman Sachs NYSE:GS witch hunt is spooking investors. Goldman shares fell sharply in the final minutes of regular trading after Reuters reporting the hiring, finishing down 4.7…


China Details Yuan Use Offshore

SHANGHAI--China has released draft guidelines on foreign investors' use of yuan acquired overseas for direct investment in the country, taking another significant step forward in further…


Layoffs sweep Wall Street, along with low morale

(Reuters) - In early summer, before layoffs began sweeping across Wall Street, billboard-sized photos of employees were plastered on the walls, pillars and elevator banks of Credit Suisse Group AG's…


Global Baking Regulation Update

Enhancing financial regulation has been a common view between governments since crisis in Y 2008, but debates over implementation details continue, especially since the recent debt crisis has given…