Most interesting finance and busines news.
A massive hacker attack has crippled an overseas website that has reported extensively on China’s biggest political turmoil in years, underscoring the pivotal role the Internet has played in the unfolding scandal.
North Carolina-based Boxun.com was forced to move to a new web hosting service Friday after its previous host said the attacks were threatening its […]
While the rest of us have to wait until June, the justices of the Supreme Court will know the likely outcome of the historic health care case by the time they go home this weekend.
After months of anticipation, thousands of pages of briefs and more than six hours of arguments, the justices will vote on […]
Federal Reserve’s balance sheet contracted slightly in the latest week, Fed data released on Thursday showed.
The Fed’s balance sheet - a broad gauge of its lending to the financial system - stood at $2.861 trillion on March 28, down from $2.8756 trillion on March 21.
The Fed’s holdings of Treasuries totaled $1.665 trillion as of […]
Buoyant trading in Asia helped HSBC Holdings PLC, Europe’s biggest bank by market value, report a 28 percent increase in full-year profit Monday _ a marked contrast to the performance of other big British banks.
HSBC said its net profit for 2011 was $16.8 billion, up from $13.2 billion. Net operating income was 11 percent higher […]
The social networking field’s buzziest startup is under fire this week for not being completely transparent with its users.
Pinterest, which allows users to create a virtual pinboard showcasing items they find around the Web, has quietly been appending affiliate links to some pins — the ones featuring goods for sale online through Amazon […]
Economy Minister Luis de Guindos said Spain is sticking to its deficit goal even as the economy shrinks, underlining a rift in the month-old Cabinet over whether the nation can halve its shortfall during a recession.
De Guindos said the government
Filed under: Uncategorized, bank by Guru
Comments Off
The Dutch finance minister says Greece’s private creditors may be forced to take losses if they can’t reach a deal to cut the country’s massive debt pile voluntarily _ the first eurozone finance minister to do so.
Jan Kees de Jager said Monday that “we’ve never said it (the debt restructuring) must be voluntary. Our goal […]
Wall Street futures are rising modestly on hopes the International Monetary Fund will get a cash infusion and ahead of a host of U.S. economic reports.
Dow futures are up 20 points at 12,440. The broader Standard & Poor’s 500 futures are up 3 points to 1,293. The Nasdaq composite is up 9 points at 2,398.
Christine […]