Treasuries Advance as Report Shows U.S. Jobless Claims Rose
Aug. 25 (Bloomberg) -- Treasuries rose as a government report showed initial jobless claims unexpectedly increased last week, fueling concern the economic recovery is slowing and stoking demand for…
VIX Falls as Sentiment Turns on Wall St
TVIX, a measure of stock market volatility, fell 5% percent to 33. The VIX traded as high as 48 Aug. 8 after staying below 20 for much of the year. VIX is the ticker symbol for the Chicago Board…
Moody's cuts Japan rating, blames politics
(Reuters) - Moody's Investors Service cut its rating on Japan's government debt by one notch to Aa3 on Wednesday, blaming a build-up of debt since the 2009 global recession and revolving-door…
Investors trade in tight range ahead of Bernanke speech
(Reuters) - World stocksedged up and oil advanced on Wednesday as investors tried to position themselves ahead of a Federal Reserve Chairman Ben Bernanke's key speech. The gains follows weeks of…
To my friend, the bear
Darn, a 322 point rally just after you announced a five alarm fire with the sell all call to boot. Yes, we've taken a hit. Confidence is way down and that's what most of the early indicators are…
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…
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…