Associated Press

Associated Press
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NEWS INDUSTRY NEWS SEP 17, 2009
Fed: Americans' wealth increased for first time in nearly two years

Americans' wealth rose this spring for the first time in nearly two years, with stocks and home values gaining as the recession faded.

NEWS INDUSTRY NEWS SEP 14, 2009
Obama issues warning in Wall Street address

President warned financial titans on Monday — the first anniversary of the Lehman Brothers collapse — they could not count on any more bailouts.

NEWS INDUSTRY NEWS SEP 11, 2009
Wholesale inventories drop in July; sales grow

U.S. businesses reduced inventories at the wholesale level for a record 11th consecutive month in July, although sales rose by the largest amount in more than a year, according to government data released today.

INVESTING ALTERNATIVES SEP 09, 2009
BofA, Citigroup, Goldman Sachs JPMorgan and others commit to derivatives targets

Fifteen big banks that dominate worldwide trading of derivatives have committed to greater transparency in a $600 trillion market that regulators say needs stricter oversight to protect the global financial system.

NEWS INDUSTRY NEWS SEP 04, 2009
Jobless rate at 9.7%; 216K jobs lost in August

The unemployment rate rose to 9.7 percent in August, the highest since June 1983, as employers eliminated a net total of 216,000 jobs.

NEWS INDUSTRY NEWS AUG 31, 2009
Fed can avoid inflation danger: N.Y. Fed president

Fears of inflation because of the Federal Reserve's massive quantitative easing measures are overblown, because the Fed has the ability to pull the liquidity out of the market fast enough to prevent price rises, William Dudley, New York Fed president, told CNBC today.

INVESTING FIXED INCOME AUG 31, 2009
Rate for 6-month Treasury bills drop to record low 0.24%

Another $30 billion in three-month bills were auctioned at a discount rate of 0.150 percent, down from 0.165 percent last week. That rate was the lowest since 0.135 percent on April 30.

NEWS INDUSTRY NEWS AUG 25, 2009
Consumer sentiment improves more than expected

Consumer sentiment rose more than expected in August and expectations hit the highest level since the recession began, indications that Americans' pessimism about the economy may be lifting.

NEWS INDUSTRY NEWS AUG 19, 2009
Financial executives see growth in 2010, study says

Financial services executives believe business conditions will bottom in 2009 before a recovery in the sector and broader economy occurs next year, according to a new study from KPMG LLP.

RETIREMENT LIFE INSURANCE AND ANNUITIES AUG 17, 2009
Aetna needs two years to regain fiscal health, analyst says

Health insurer Aetna Inc. will need two years to bring its profit margins back to their former levels, an Oppenheimer analyst said today in a note to client.