President Obama met with regulators of the US financial markets to discuss their progress on the implementation of the 2010 Wall Street Reform Law.
Industry
Tradition of "client hires" under fire with SEC's JPMorgan bribery probe
Banks were prompted to look at their tradition of "client hires" as the SEC deepened its investigation of JPMorgan's hiring of two Chinese nationals.
Public labor unions ask court to toss out Detroit's bankruptcy filing
Public labor unions asked a US court to throw out Detroit's bankruptcy filing on various grounds.
Housing market recovery boosts Home Depot's sales
A recovery in the US housing market lifted the sales and earnings of Home Depot. Home Depot Inc gained from the rebound experienced in the US housing market.
Removing Fannie and Freddie from the mortage market is a challenge: analysis
Bethany McLean of Reuters wrote that it would be a challenge to remove government sponsored enterprises from the US mortgage market.
Latest News
Argentina lost an appeal in a 2nd district circuit court in New York and deemed to wait until the US Supreme Court had finished reviewing their case.
The central bank of Brazil had created an intervention plan of USD60 billion in loans and foreign currency swaps as inflation threatened the country's economy following the plunged of the real to a four year low this week.
Inventor John Levine of Nasdaq's exchanges systems said that the stock markets needed to be designed properly following the system breakdown yesterday which halted trading for three hours.
The corruption trial of former politician Bo Xilai showcased the extent and pervasiveness of corruption in China.
The recent NASDAQ shutdown showed to all the vulnerabilities of the US Stock Market. The recent technological breakdowns have exhibited the vulnerability of the US stock market to these kinds of issues and glitches.
Ichiro Suzuki hits record 4000 base hits, a bright spot amidst controversy and suspensions. Last Wednesday, Ichiro Suzuki carved his name into the record books of basebal by hitting his 4,000th career hit.
The peaceful resolution to the stand off at a Decatur, GA school was attributed to Antoinette Tuff. In the most tense moments at McNair Discovery Learning Academy in the past few hours, Antoinette Tuff acted as the messenger and go between for gun toting Michael Brandon Hill and police authorities.
India's richest man Mukesh Ambani lost a total of 24% of his wealth after the valuation of the rupee decreased.
The German private sector showed robust growth in August, according to Markit's PMI survey. The private sector in Germany showed signs of growth. A new survey conducted by financial information services company Markit revealed that the Purchasing Managers' Index (PMI) of Germany's private sector increased to 53.
