|
|
|
|
MSNBC
--
French bank Societe Generale said Thursday it has uncovered a $7.14 billion fraud — one of history’s biggest — by a single futures trader who orchestrated a series of bogus transactions.
The fraud destabilized a major bank already exposed to the..
Read More
|
|
|
BusinessWeek
--
Investment bank and hedge fund representatives tell the Commodity Futures Trading Commission the oil market doesn't need more oversight
Under mounting scrutiny from an election-addled Congress, the Commodity Futures Trading Commission (CFTC) held a pub..
Read More
|
|
|
SF Gate
--
Wall Street was headed for a modestly higher open Friday as investors awaited data on new home construction last month.
The Commerce Department is expected to report that construction of new single-family homes and apartments declined in April by about..
Read More
|
|
|
SF Gate
--
Wall Street was set to open lower Wednesday, as investors paused from a three-day winning streak and waited for comments on the economy from Federal Reserve Chairman Ben Bernanke.
Investors will be eager to learn whether Bernanke, in an appearance befo..
Read More
|
|
|
BusinessWeek
--
Crude futures pushed to their 2006 high before paring gains. Elsewhere, Microsoft lost a $1.52 billion patent-infringement ruling
Stocks finished lower in lackluster trading Friday, as investors digested fluctuating oil prices, rising bond prices, and..
Read More
|
|
|
Market Watch
--
Crude-oil futures fell under $60 a barrel Friday to close with a loss of nearly 3% for the session after the International Energy Agency trimmed its 2006 global oil-demand growth forecast, citing lower third-quarter demand from China and some industrializ..
Read More
|
|
