Crude futures drifted lower Monday amid light volume as trading was halted for clients of MF Global, one of the market’s largest commodity brokers that filed for bankruptcy Monday.Volume was less than half of normal levels, with fewer than 300,000 cont…
Crude futures drifted lower Monday amid light volume as trading was halted for clients of MF Global, one of the market’s largest commodity brokers that filed for bankruptcy Monday.Volume was less than half of normal levels, with fewer than 300,000 cont…
AP – Interest rates on short-term Treasury bills fell in Monday’s auction with rates on three-month bills dropping to the lowest level since the financial crisis in December 2008.
Reuters – President Barack Obama signed an executive order on Monday to address an escalating shortage of life-saving medicines, his newest effort to advance social and economic measures that have stalled in Congress.
Reuters – Companies are increasingly taking advantage of securities rules that lets them raise capital without having to go through costly registrations, according to a new study by regulators.
LOUSY END: The Dow Jones industrial average lost 276 points, its biggest loss since Sept. 22, to end at 11,955. Much of the decline came in the last hour of trading.
BIG OCTOBER: Even with the lousy showing on the last …
The greenback surged in North American trade with the Dow Jones FXCM Dollar Index(Ticker: USDollar) soaring 2.01% on the session. US equity markets followed suite from a dismal performance in European stocks with the Dow, the S&P, …
Reuters – When Matthew Burrell left the U.S. Army after eight years of service, he landed a job as a public relations contractor in Iraq. With a salary of $170,000, he figured military experience had finally paid off.
Stocks ended the last day of October with steep losses Monday. Investors were worried about the collapse of the brokerage MF Global and missing details in Europe’s plan to contain the Greek debt crisis.
The Dow Jones in…
Reuters – Anadarko Petroleum Corp reported a wider quarterly loss on Monday, as the U.S. oil and gas company spent $4 billion to reach a settlement with BP Plc over that company’s Gulf of Mexico oil spill disaster last year.
