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By Karen Freifeld
NEW YORK (Reuters) - Bank of America Corp (BAC.N) could put its Countrywide Financial unit into bankruptcy if it fails to win court approval for an $8.5 billion settlement with mortgage investors, a bank executive said on Monda...
6/10/13
S&P revises U.S. credit outlook to 'stable' from negative
By David Gaffen and Daniel Bases
NEW YORK (Reuters) - Standard & Poor's on Monday removed the near-term threat of another credit rating downgrade for the United States by revising its outlook to stable from negative, citing an improved economic and fiscal outloo...
U.S. hiring outlook positive; global employers uncertain: report
By Madeline Will
NEW YORK (Reuters) - More employers in the United States plan to hire workers next quarter than in any period since the fourth quarter of 2008, according to a survey by Manpower Group (MAN.N), the global employment services gian...
Asian shares hit 2013 lows; Nikkei slides as BoJ disappoints
By Chikako Mogi
TOKYO (Reuters) - The U.S. dollar slipped against the yen after the Bank of Japan held off from taking fresh steps to curb bond market volatility, while Asian shares sagged to a fresh 2013 low as China growth worries and continued uncertainty over the U.S. bond-buying program depressed sentimen...
5/31/13
Gold Falls Most in Two Weeks on Fed Stimulus Speculation
By Debarati Roy & Joe Richter
Gold futures slumped the most in two weeks as U.S. consumer confidence climbed in May to the highest in almost six years, stoking concern that the Federal Reserve may scale back monetary stimulu...
Junk Bonds Get Destroyed at the Close
Stocks finished lower on Friday following the release of a mixed batch of economic dat...
Morgan Stanley’s Hadden Barred From CME Trading for 10 Days
By Michael J. Moore
Morgan Stanley (MS)’s head of interest-rates trading, Glenn Hadden, was suspended from accessing all CME Group Inc. trading floors for 10 days to resolve claims tied to his 2008 transactions in Treasury future...
