NEW YORK (TheStreet) — “Things may appear tough now, but they’re nothing compared to 2008,” Jim Cramer told the viewers of his “Mad Money” TV conduct Tuesday, as he tried to put the current market woes into a small quantity historical context. “This isn’t the eve of destruction.”
Cramer said with the events of the financial [...]
NEW YORK (TheStreet) — The biggest fact in the financial headlines on Wednesday was President Obama signing into code the financial regulation reform package, not affectionately known on Wall Street viewed like FinReg.
Wednesday was a noisy day for the financial sector, with a string of U.S. bank earnings providing details on the profits. outlook and [...]
WASHINGTON, May 11 (Reuters) – Federal Reserve Chairman Ben Bernanke persuaded ~ numerous U.S. senators at a meeting on Tuesday that currency swaps with other central banks protect the United States from financial contagion and make not expose it to losses, a senior lawmaker said.
‘Basically I’m satisfied, I consider most of the members were, there, [...]
The United States is introducing a redesigned $100 bill armed with a suite of new technological features aimed at foiling counterfeiters.
The bill unveiled Wednesday still features the familiar face of Benjamin Franklin.
But Franklin has been joined by a disappearing Liberty Bell in an inkwell and a bright blue security ribbon composed of thousands of tiny [...]
It was another up week for the major stock market indices, the sixth in a row. The stock market’s current recovery rally is now more than a year old, and it continues to surprise with its strength and duration, largely on the back of better-than-expected earnings and some healing in the broader economy. This week [...]