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Money Market News

  • Stocks trade flat Monday after more corporate dealmaking Monday, March 8, 2010 @ 10:04PMNEW YORK — Stocks ended mixed Monday after a new round of mergers and acquisitions raised some hope for the economy.
  • Stocks pull back from 6-week highs, euro dips Monday, March 8, 2010 @ 10:03PMSYDNEY: Oil and higher-yielding currencies shrank from multi-week highs on Tuesday and Asian stocks drifted lower as investors paused in their recent chase for riskier assets, according to Reuters.
  • Yen Rises on Speculation Japan’s Companies Repatriating Profits Monday, March 8, 2010 @ 10:00PMMarch 9 (Bloomberg) -- The yen strengthened the most in more than a week against the euro on speculation Japanese companies are bringing home overseas earnings before the nation’s fiscal year ends this month.
  • Ins and outs of body work Monday, March 8, 2010 @ 9:56PMDramatic facelifts are out, breast augmentations are in. Post-weight loss body contouring is on the rise, so is hand rejuvenation.
  • COLD WINTER RAISES PRICES AT THE GROCERY STORE Monday, March 8, 2010 @ 9:55PMTwice a week Helen Mitchell buys fresh fruits and vegetables from M & S Produce and Deli in Egg Harbor Township. Recently she's been noticing a change in the prices for vegetables.
  • Oxy pill mills work a lot like `printing money' Monday, March 8, 2010 @ 9:54PMOne year. Five doctors. A single pain clinic. Two million hits of oxy. To be precise, the U.S. Drug Enforcement Administration says that five doctors working out of American Pain Clinic in Lake Worth prescribed -- peddled might be a more accurate term -- 2,167,710 Oxycodone tablets in 2009.
  • Largest Illegal Gambling Bust Ever In Swainsboro Monday, March 8, 2010 @ 9:49PMMonday, one of the largest raids on illegal gambling ever in the peach state, took place.  And while no one has been charged yet, more than 60 people soon could be.  Barclay Bishop reports.
  • Carine Fabius: Dear Swag Bag: Art is Not Free Saturday, March 6, 2010 @ 1:44PMCome again? Not only do you want me to gift my product and my artists' time, but I have to pay you to do it?
  • Red Bluff Tourism growth excels Saturday, March 6, 2010 @ 1:44PMIs the city of Red Bluff getting its money s worth when it comes to investing in the Red Bluff-Tehama County Chamber of Commerce s tourism marketing effort?
  • Bonus funds for spinal research Saturday, March 6, 2010 @ 1:41PMEdited by Jonathan Russell
  • Pass the sunblock and rose-tinted spectacles Saturday, March 6, 2010 @ 1:35PMOh, what a bunch of optimists we parents are proving to be.
  • Earlier Retirement: Beating Back the High Fees Saturday, March 6, 2010 @ 1:30PMEmployees horrified by losses in their 401 retirement plans are finally getting traction where lawmakers and regulators have stumbled: Putting the squeeze on high retirement-plan fees.
  • Categories Saturday, March 6, 2010 @ 1:27PMThere were 30 more building permits issued in Rome in 2009 as compared to the year before. Residential construction fell slightly from nine to seven, though commercial construction doubled from two to four.
  • Al Arkan Pays Back $600m Saturday, March 6, 2010 @ 1:23PMDar Al Arkan, Saudi Arabia’s biggest property developer by market value, said it had repaid an Islamic bond, or sukuk, worth SR2.25 billion ($600 million). The sukuk’s arranger Deutsche Bank had confirmed repayment of the bond, Dar Al Arkan said in a statement on the Saudi bourse on Saturday.
  • Miami Real Estate - Home Purchase Tips For First-Time Buyers Saturday, March 6, 2010 @ 1:22PMMiami is one of the best places to dish out money for home purchase. The city is seeing a lot of buyers as prices of homes continue to drop that make the figures affordable even for average homebuyers.
  • Rock or Jock? Town Toyota Center looks for a winning revenue mix Saturday, March 6, 2010 @ 1:21PMWENATCHEE — Town Toyota Center set out to make money in two ways: sports and shows. It was half successful — the half that earns less cash. The challenge now for Mark Miller, general manager of the civic arena, is to build on the strong sports showing — with its small but reliable income — while filling seats for the rock concerts, ice shows and touring entertainments that offer a much bigger ...
  • Federal Funds to Help CA Homeowners Saturday, March 6, 2010 @ 1:21PMSome good news for California’s housing market, as hundreds of millions of dollars have been allocated to the state to help some of the neediest homeowners. KCBS’ Mark Seelig Reports
  • Wife takes migration costs for peanuts Friday, March 5, 2010 @ 9:17PMIBAAN, Batangas - A scuffed brown wooden bench in front of a school serves as a throne of the struggles endured by women left behind by migrant spouses. The bench at Teodoro M. Luansing College in neighboring town Rosario is where Marivic Valencia, 43, sells adobong mani (roasted peanuts) during her school break and in-between taking care of her 2 children.
  • IBM Puts its Muscle Behind Information-Based Medicine, But Will IT Be Enough? Friday, March 5, 2010 @ 9:15PMFormalizing an initiative that has been at the “exploratory” stage for the last few years, IBM last week said that it is launching a new information-based medicine business unit to address the IT infrastructure needs of personalized healthcare.
  • Bank stocks climb from abyss, find footing fragile Friday, March 5, 2010 @ 9:15PMBut after 146% surge, bank sector may languish, restraining broader market.
  • Empire Avenue Looks to Determine the Value of You Friday, March 5, 2010 @ 9:14PMEmpire Avenue (Web) New website is a virtual stock market of people and sites based on how active they are on the web.
  • China's economic promises focus on creating jobs Friday, March 5, 2010 @ 9:14PMChinese Premier Wen Jiabao pledged Friday to redouble the country's stimulus program to focus on job creation, signaling that Beijing's main worry is keeping its factories humming and its restive
  • Third world nations not top picks for U.S. diplomatic corp Friday, March 5, 2010 @ 9:09PMThe U.S. State Department has labeled virtually every non-European country a “hardship post” for American diplomats.
  • Bulls may extend rally from March 2009 lows Friday, March 5, 2010 @ 9:09PMNEW YORK (Reuters) - Bulls may get more room to run next week on the anniversary of the March 2009 lows -- if U.S. stock investors see more signs of stability after Friday's rally on smaller-than-expected job losses.
  • Many Winning Teams at 'Canstruction' Competition Friday, March 5, 2010 @ 9:07PMMany people walked away winners Friday night during the "Canstruction Competition" sponsored by Covenant House and the American Institute of Architects.
  • US stocks jump after better-than-expected jobs report Friday, March 5, 2010 @ 9:05PMNEW YORK: Stocks jumped Friday after the government's employment report showed fewer jobs were cut in February than expected.
  • Carcieri seeking end to dog racing Friday, March 5, 2010 @ 9:02PMPROVIDENCE - Governor Carcieri is asking legislators to free the owners of the Twin River slot parlor from current employment and dog-racing requirements, cover more than $10 million of their marketing and management costs and provide them with an even more solid guarantee that state taxpayers will cover them if they lose money to a new competitor in Rhode Island.
  • Thursday March 04 2010 Wednesday, March 3, 2010 @ 7:26PMNEW YORK, March 4 — Little-known brokerage firm Monness, Crespi, Hardt & Co has long toiled in the shadows of Wall Street, but the boutique suddenly has been thrust into the limelight because of an “ideas dinner” it sponsored last month for a group of about 18 hedge fund traders.
  • Thursday March 04 2010 Wednesday, March 3, 2010 @ 7:24PMMARCH 4 — The Vancouver Olympics tried to redeem itself in my eyes after the hideous opening ceremonies by closing with Neil Young (we’ll not mention Avril Lavigne) doing Long May You Run.
  • Princess Party Owner On The Run Wednesday, March 3, 2010 @ 7:21PMEL PASO, Texas -- After being arrested on suspicion of taking money to put on little girls’ princess-themed parties, but not showing up, Laura Gonzalez is apparently avoiding prosecution.
  • China’s new bank lending exceeded Yuan 70 billion in February Wednesday, March 3, 2010 @ 7:16PMThe Chinese Central Bank is on the newswires with the latest economic data. From memory, this figure for new bank lending is significantly lower than January (even though they issued the new restrictions well before the end of January). Looks like their cooling measures might be having some effect.
  • What really happened at UNT? Wednesday, March 3, 2010 @ 7:15PMStudents, alumni, donors and taxpayers deserve an explanation for the hasty departure of a public university's president.
  • BoQ boss laments lingering cost of guarantee Wednesday, March 3, 2010 @ 7:15PMTHE lingering effects of the federal government's soon-to-disappear bank funding guarantee will cost the Bank of Queensland $30 million a year in pre-tax profits and hamper its competitive position for another four years, its managing director, David Liddy, said yesterday.
  • Debt crisis: Greece freezes pensions, cuts salaries and adds taxes Wednesday, March 3, 2010 @ 7:15PMLondon » All eyes are on debt-ridden Greece as it struggles to placate the markets with spending cuts and strains to raise money to avoid default.
  • Wells Fargo CEO's pay doubles to $18.7 million Wednesday, March 3, 2010 @ 7:13PMNEW YORK (AP) — Wells Fargo CEO John Stumpf's compensation more than doubled to $18.7 million in 2009, a year that saw the bank report $8 billion in profit and repay government bailout money, according to an Associated Press analysis of regulatory filings.
  • NYSE Breaking Out Derivatives May Get Higher Value (Update1) Wednesday, March 3, 2010 @ 8:20AMThe owner of New York Stock Exchange will unveil revamped financial disclosures today that may boost its shares by encouraging investors to assign a higher value to its derivatives trading unit.
  • Noyac Road Traffic Calming Project Moves Forward Wednesday, March 3, 2010 @ 8:19AMBy Marissa Maier After years of debate and wait, Southampton Town will begin a traffic calming project on Noyac Road sometime after Labor Day. According to the town’s superintendent of highways Alex Gregor, the project will focus on a particularly treacherous stretch of the roadway near Cromer ’s Market. Last year alone, there were two [...]
  • Greek PM seeks EU support for tough austerity plan Wednesday, March 3, 2010 @ 8:19AMATHENS, March 3 (Reuters) - Greece's cabinet approved a sweeping new austerity programme on Wednesday, the third in as many months, intended to rein in a bulging budget deficit and secure European financial support.
  • New Asheville proposal calls for 8-story mixed-use building on The Block Wednesday, March 3, 2010 @ 8:18AMASHEVILLE — The infighting and delays are behind them, and it's time to get behind a proposal for an eight-story, mixed-use building on “the Block.”
  • Mega Millions Jackpot Rises To $133 Million Wednesday, March 3, 2010 @ 8:18AMThe Mega Millions jackpot has been rising and will be up to an estimated $133 million for the next drawing in the multistate lottery game.
  • Greece awaits EU solidarity after spending cut pledge - Summary Wednesday, March 3, 2010 @ 8:16AMAthens - Greece on Wednesday said it was now awaiting support from the European Union after announcing a new wave of austerity measures worth some 4.8 billion euros (6.5 billion dollars) in a bid to aver...
  • Indices: DAX and CAC boosted by austerity action Wednesday, March 3, 2010 @ 8:16AMFXstreet.com (London) - The newly revealed and much anticipated Greek austerity measures unveiled today have buoyed European financial markets. Earlier today Greece elaborated on its budget busting plan as they target the pledged reduction of their deficit this year by 4 percentage points.
  • NewsWatch: Private sector sheds 20,000 jobs, ADP says Wednesday, March 3, 2010 @ 8:16AMPrivate-sector firms in the U.S. eliminate 20,000 jobs in February, the 25th decline in a row, according to the ADP employment report.
  • Greece announces new $6.5 billion austerity plan Wednesday, March 3, 2010 @ 8:15AMGreece announced painful new austerity measures Wednesday worth euro4.8 billion ($6.5 billion) to deal with a financial crisis that has hammered the euro and unsettled financial markets.
  • San Francisco eyeing a Google network, again Wednesday, March 3, 2010 @ 8:15AMGoogle Inc. might attempt a project similar to one that fizzled three years ago, if it accepts San Francisco as a trial location for its advanced, high-speed fiber network announced last month.
  • Mystery bidder offers $1.6M for historic Van Dusen mansion Tuesday, March 2, 2010 @ 8:37PMSomeone bid $1.6 million for the Van Dusen mansion in Minneapolis. The money would repay investors in an alleged Ponzi scheme.
  • 03 March 2010 Tuesday, March 2, 2010 @ 8:37PMThe Straits Times notes that China is softening its stance on Tibet following certain developments, but adds that Beijing appears to be in no hurry to settle the issue with the autonomous region. Thai .....
  • ABC's owner, Cablevision in tug of war Tuesday, March 2, 2010 @ 8:34PMThe Walt Disney Co.'s threat to pull the plug on ABC programming from Cablevision subscribers on the eve of the Academy Awards is a high-stakes gamble that reflects the fast-changing media landscape, experts said Tuesday.
  • NIAGARA FALLS: County IDA to ready for its HOPE vote Tuesday, March 2, 2010 @ 8:34PMThe city’s HOPE VI housing development project is headed for an important vote.Members of the Niagara County Industrial Development Agency’s board of directors will be asked next week to approve an increase in tax-exempt bond financing for the initial phase of the project.
  • Santa Clara County whacks its budget again Tuesday, March 2, 2010 @ 8:30PMReserves drained, jail upgrades put off and layoffs looming amid fiscal picture described as the worst in a quarter-century.