US federal prosecutors revive a 30 year old law to prosecute Wall Street banks that sold toxic loans in 2008.
Industry
Japan edges slightly, Euro zone falters
According to analysts, the election results in Japan might be the catalyst it needs to gain economic momentum.
Japan's prime minister vows to revive economy
In a statement said by Prime Minister Shinzo Abe, he vowed to bring back Japan's economic status.
Israel's central bank buys US$35 million
The currency of Israel depreciated by almost US$0.6 last week. Despite rampant divestments and impending economic boycotts adding to the problems of the conflicted Israel, the currency stayed strong.
Israel's newspaper warns of "economic tsunami"
Despite an Israeli minister's denial of an economic boycott, an Israeli newspaper said that "an economic tsunami" is heading to the country.
Latest News
SEC's persistence to pursue the case against Fabrice Tourre, Goldman Sachs' junior salesman, may backfire.
The production of next-gen Chevrolet Cruze will be delayed by a year after sources familiar with the deal said that it's more likely to start in December 2015.
Greek workers took to the streets their opposition over the proposed plan to retrench state workers.
European government bonds advanced after Fed Chairman subdued issues concerning the US stimulus. Government bonds in Europe rose after US Federal Reserve Chairman Ben S.
Microsoft stocks dropped 11%, the biggest since 2009. Microsoft Corp shares took their biggest plunge in more than 4 years by dropping at an astounding 11%.
Retailers are keeping their inventories low for the coming back to school season. Retailers are saying that with the back-to-school season at hand, also known as the second busiest selling season for the year, consumer spending is more conservative than ever before.
Emerging economies are set for a wake-up call as FED decisions and the China economy slowdown affects economic growth.
Chancellor Angela Merkel said that she is calling the EU to set tougher data protection rules. Angela Merkel, Chancellor of Germany, announced that she will push for tougher European Union data protection rules.
Spanish Prime Minister, Mariano Rajoy claims that recovery is close for Spain. Spain Prime Minister, Mariano Rajoy makes a risky political bet by making claims that recovery is close at hand for Spain.
