Economy and Politics Archive
U.K. Bank Chief: Economic “Storm” Headed Our Way
By Wall Street Daily Research - May 16th, 2012
Bank of England Governor, Sir Mervyn King, warns of the "risk of a storm heading our way from the Continent," as he flagged the eurozone as the greatest threat to the U.K.'s recovery. More »
Greek Crisis Talks Fail, New Election in June
By Wall Street Daily Research - May 16th, 2012
Greek political leaders fail to come to an agreement on creating a coalition government after three-day talks, driving the country toward a new election. More »
Eurozone Ministers Express Worries Over Greek Exit
By Wall Street Daily Research - May 15th, 2012
Finance ministers of 17 eurozone countries meet to discuss Greece, where a political deadlock raises the prospect of the country's exit from the eurozone. More »
Euro Shares Tank As Greece Flirts With Return to the Drachma
By Wall Street Daily Research - May 14th, 2012
European shares hit four-month lows on fears that Greece is headed straight for a eurozone exit. More »
JPMorgan Stocks Sink Under Weight of Investment Blunder
By Wall Street Daily Research - May 14th, 2012
JPMorgan CEO, Jamie Dimon, says his bank reacted badly to warning flags last month that it had losing trades in derivatives. More »
Is “The Age of Gold” Upon Us?
By Karim Rahemtulla - May 14th, 2012
Last Wednesday was looking like hell for gold bugs... but then came the reversal. More »
Spain Buys Bankia SA Loans to Rescue the Ailing Sector
By Wall Street Daily Research - May 11th, 2012
Hoping to put an end to the four-year banking crisis, Spain buys up 4.5 billion euros worth of Bankia SA loans. More »
Friday Charts: Bank Failures, Facebook and the Scariest Jobs Chart Ever
By Louis Basenese - May 11th, 2012
Here’s another reason to buy banks stocks, avoid Facebook’s IPO and pray for more jobs. More »
Sony Posts Record Loss But Remains Optimistic
By Wall Street Daily Research - May 10th, 2012
Sony posts a record loss, but banks on growth in smartphones, games and cameras to lead a $2.3 billion rebound in operating profit this year. More »
The Euro Falls Low As Uncertainty Rises High
By Wall Street Daily Research - May 9th, 2012
The euro nears a three-month low on growing fears that Greece’s elections and France’s President Hollande spell imminent disaster for the common currency. More »
