Tag: Wall Street

• Thursday, August 27th 2015 - 04:28 UTC

  Wall Street rebounds 4%, but European markets still fearful of China

  

  Shares on Wall Street finished with their biggest rise in four years ending another rocky day of trading on global markets. The mood was lifted by comments from US Federal Reserve official William Dudley that a rate rise in September seemed “less compelling”.

• Saturday, May 9th 2015 - 08:46 UTC

  US economy created 233.000 new jobs in April and unemployment falls to 5.5%

  

  Employers in the US created 223,000 new jobs in April, a much larger increase than the month before. At the same time, the US Department of Labor said the unemployment rate dropped to a seven-year low of 5.4%, down from 5.5% in March.

• Thursday, November 20th 2014 - 04:29 UTC

  Fed minutes confirm reveal consensus on ending stimulus program

  

  Although the US Federal Reserve was worried about turmoil in emerging markets, the central bank reached an easy consensus to end its stimulus program, its latest minutes reveal.

• Wednesday, February 19th 2014 - 04:44 UTC

  Fed adopts tighter new rules for foreign banks to shield US taxpayers

  

  The US Federal Reserve adopted tight new rules for foreign banks to shield the US taxpayer from costly bailouts, ceding only minor concessions despite pressure from abroad to weaken the rule.

• Thursday, October 3rd 2013 - 06:35 UTC

  ‘Exasperated’ Obama warns Wall Street that Republicans could force the US to default on its debt

  

  US President Barack Obama has warned that Wall Street should be concerned that a conservative faction of Republicans is willing to allow the country to default on its debt. The US government has partially closed after Congress failed to agree a budget and will run out of cash on 17 October unless its debt ceiling is raised.

• Thursday, November 1st 2012 - 06:40 UTC

  Wall Street returned to life with average trading volume; most buildings in the area with no power

  

  The US stock market slowly returned to life on Wednesday after two days in the dark, in the wake of the massive storm Sandy that caused the market's first weather-related two-day closure since the late 19th century.

• Wednesday, October 31st 2012 - 04:57 UTC

  NYSE resumes trading Wednesday despite NY transport system remains limited

  

  Stock markets, shuttered for two days by Hurricane Sandy’s punch ashore, plan to reopen Wednesday. The New York Stock Exchange’s parent company, NYSE Euronext, said trading would commence as usual with a 9:30 a.m. opening bell.

• Thursday, December 1st 2011 - 05:53 UTC

  US and EU stock soar following on central banks’ decision to provide dollars

  

  Global stocks and the Euro rallied on Wednesday after the world's leading central banks agreed to cut the cost for European banks to borrow much-needed dollars.

• Friday, November 18th 2011 - 05:41 UTC

  NY police arrest 177 in clashes with protestors trying to shut down Wall Street

  

  New York police prevented protesters from shutting down Wall Street, arresting at least 177 people in repeated clashes with an Occupy Wall Street rally that grew to several thousand strong.

• Thursday, October 27th 2011 - 20:09 UTC

  Wall Street growing insider trading scandal catches another big fish

  

  Ex-Goldman Sachs director Rajat Gupta has turned himself in to the FBI and pleaded not guilty in court to securities fraud before being freed on a 10 million dollars bail.