Credit Card and Financial News

An up-to-date look at the Financial World

19 Mar

Gabelli’s son wins dismissal of much of SEC case (Reuters)

Posted in us on 19.03.10

Reuters – The son of prominent investor Mario Gabelli has won the dismissal of large parts of a U.S. Securities and Exchange Commission lawsuit alleging securities fraud related to market timing.

Related Blogs

  • Related Blogs on Credit Cards

tags:

No Comments »

15 Mar

Phillips-Van Heusen to buy Tommy Hilfiger for $3B (AP)

Posted in us on 15.03.10

AP – Phillips-Van Heusen says it will buy privately held Tommy Hilfiger in a cash-and-stock deal valued at about $3 billion, creating one of the world’s biggest clothing companies.

Related Blogs

tags:

No Comments »

14 Mar

Fierce debate expected at Fed policy meeting (AFP)

Posted in us on 14.03.10

Federal Reserve Board Chairman Ben Bernanke attends a hearing of the House Banking Committee last month in Washington, DC. The US Federal Reserve's policy makers are expected to maintain benchmark interest rates at virtually zero percent at their meeting this week amid intense debate on how soon the central bank should tighten monetary policy.(AFP/Getty Images/File/Alex Wong)AFP – The US Federal Reserve’s policy makers are expected to maintain benchmark interest rates at virtually zero percent at their meeting this week amid intense debate on how soon the central bank should tighten monetary policy.



Related Blogs

tags:

No Comments »

14 Mar

Stock market dips linked to heart attack surge: study (AFP)

Posted in us on 14.03.10

An information board posts the latest prices and graphs above the floor of the New York Stock Exchange earlier this month. Doctors have found a relation between stock market fluctuations and heart attack frequency, a preliminary study by North Carolina's Duke University Medical Center said Saturday.(AFP/Stan Honda)AFP – Doctors have found a relation between stock market fluctuations and heart attack frequency, a preliminary study by North Carolina’s Duke University Medical Center said Saturday.



Related Blogs

tags:

No Comments »

13 Mar

Wall Street faces Fed meeting with momentum (AFP)

Posted in us on 13.03.10

Traders work in the newly renovated section of the New York Stock Exchange. Wall Street stocks are set to build on nearly year-and-a-half highs as they face next week's key economic reports and the US Federal Reserve's monetary policy meeting(AFP/Getty Images/File/Mario Tama)AFP – Wall Street stocks are set to build on nearly year-and-a-half highs as they face next week’s key economic reports and the US Federal Reserve’s monetary policy meeting.



Related Blogs

tags:

No Comments »

13 Mar

Texas ed board vote reflects far-right influences (AP)

Posted in us on 13.03.10

State Board of Education member Mary Helen Berlanga listens to debate during an SBOE meeting in Austin, Texas, on Friday, March 12, 2010. Earlier in the day, the board voted 10-5 to preliminarily adopt a new, more conservative, social studies curriculum. Berlanga, who voted against the changes, decorated her desk with signage of past minority discrimination.(AP Photo/Jack Plunkett)AP – A far-right faction of the Texas State Board of Education succeeded Friday in injecting conservative ideals into social studies, history and economics lessons that will be taught to millions of students for the next decade.



Related Blogs

tags:

No Comments »

04 Mar

US economy shows green shoots in winter (AFP)

Posted in us on 04.03.10

The US Federal Reserve building in Washington, DC. Though the country's economy posted growth in the second half of 2009, economists say the ailing labor market poses a major challenge to a sustainable recovery from the worst recession in decades.(AFP/File/Karen Bleier)AFP – The US economy showed signs of green shoots in February despite blasts of wintry weather, although modest growth was patchy, data has shown ahead of a key government labor report.


tags:

No Comments »

03 Mar

SEC charges Miami couple in Ponzi scheme (Reuters)

Posted in us on 03.03.10

Reuters – A prominent Miami couple was charged by U.S. securities regulators on Wednesday with running a $135 million Ponzi scheme that victimized elderly Cuban-Americans living in South Florida.

Related Blogs

tags:

No Comments »

20 Feb

After solid gains, Wall Street faces cautious outlook (AFP)

Posted in us on 20.02.10

A trader on the floor of the New York Stock Exchange in New York in 2009. US stocks posted solid gains the past week on the back of positive economic data and mostly improved company earnings with attention focused on any easing of monetary policy by the Federal Reserve.(AFP/File/Don Emmert)AFP – US stocks posted solid gains the past week on the back of positive economic data and mostly improved company earnings with attention focused on any easing of monetary policy by the Federal Reserve.



Related Blogs

tags:

No Comments »

18 Feb

Wal-Mart profit rises 22 percent for 4Q (AP)

Posted in us on 18.02.10

A customer leaves a Wal-Mart store in Rogers, Arkansas, June 4, 2009. REUTERS/Jessica RinaldiAP – Wal-Mart Stores Inc., one of the recession’s biggest beneficiaries, felt the pinch during the fourth quarter as quarterly sales fell at its namesake U.S. division for the first time in memory.


tags:

No Comments »