Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Stocks were little changed on the open Thursday as investors keep a close eye on developments in Greece. Just after the opening bell on Wall Street, the Dow Jones Industrial Average was up 25 points, while the Standard & Poor’s 500 Index [...]
Posts Tagged ‘U.S.’
EU economic commissioner Rehn calls on UK, US to donate more funds to IMF
January 29th, 2012
admin Linda Young – AHN News Writer Davos, Switzerland (AHN) – Tensions are rising over a possible lack of sufficient funding for the International Monetary Fund to intervene in financial crisis and it has asked the United Kingdom and the United States to make additional contributions. However, both countries are cash-strapped and at risk of sliding [...]
U.S. stocks little changed early after durable goods report
December 24th, 2011
admin Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks opened higher Friday after a mixed November durable goods orders report that showed a 3.8 percent increase, the most in four months. In light trading, just after the opening bell, the Dow Jones Industrial Average was up 15 points, the [...]
Corzine resigns as head of MF Global
November 6th, 2011
admin Diane Alter – AHN News Reporter Washington, DC, United States (AHN) – Jon Corzine stepped down Friday from running troubled MF Global, the securities firm that collapsed after risky bets on European debt and filed for bankruptcy protection Monday. The firm announced the voluntary resignation of Corzine as chairman and CEO. He will decline a [...]
U.S. stocks trade in a tight range on Friday after 4 days of gains
September 19th, 2011
admin Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Many investors and traders were saying TGIF and trying to make it five days in a row for gains. Stocks in the U.S. bounced up and down all day Friday. A short supply of economic data failed to sway markets one way [...]
Wall Street dips on fears on Europe debt crisis, U.S. downturn
September 7th, 2011
admin Jupiter Kalambakal – AHN News Reporter New yorY, NY, United States (AHN) – Plummeting stocks welcomed investors in Wall Street on Tuesday morning after a long weekend amid speculation of a worsening debt crisis in Europe and a weakening United States economy. Dow Jones dropped 239.61 points, or 2.13 percent, to 11,000.65. The Dow has [...]
US trade deficit widens as exports plunge
August 14th, 2011
admin Linda Young – AHN News Writer Washington, D.C., United States (AHN) – The United States saw its exports for the month of June fall more rapidly than imports declined. U.S. exports fell by $4.1 billion to $170.9 billion, while imports fell by $1.9 billion to $223.9 billion and still exceeded exports. That fueled another increase [...]
Netanyahu may be reversing economic course
August 2nd, 2011
admin The Media Line Staff Jerusalem, Israel (The Media Line) – Israeli Prime Minister Binyamin Netanyahu, who laid the groundwork a decade ago for Israel’s booming economy with a strategy of smaller government, may be reversing course as he faces an onslaught of consumers angry that the growth he spurred hasn’t trickled down to them. Over [...]
09-1611 U.S. v. Fuchs
March 21st, 2011
admin Sentencing Position of trust enhancement Where a mortgage broker only defrauded lenders, not borrowers, the sentencing court should not have enhanced the sentence under U.S.S.G. 3B1.3 for abusing a position of trust. “During the sentencing proceeding, the government did not establish that the lenders in this case had a relationship of trust with Fuchs in [...]
Officials: Banks to be sanctioned
February 18th, 2011
admin WASHINGTON – Major U.S. banks are about to get penalized for “critical deficiencies” and shortcomings in how they handled foreclosures, a top federal regulator said Thursday at a Senate Banking Committee hearing examining the Dodd-Frank Act six months after its congressional approval. “These deficiencies have resulted in violations of state and local foreclosure laws, regulations [...]

Posted in
Tags: