US stocks tumbled into the red today, as Securities and Exchange Commission (SEC) indicated that it would require Wall Street firms to disclose capital and liquidity levels. This announcement sent shares of Lehman Brothers (NYSE: LEH) and Merrill Lynch (NYSE: MER) down sharply. Read More

US stocks followed the course of Fannie Mae’s shares, which initially fell after the housing enterprise announced a $2.19 billion loss and another dividend cut, only to shoot upwards after the company’s regulator revealed it would lower requirements for surplus capital. Read More

It seems like a race to the bottom: How quickly can we get US interest rates to zero? Right now, they’re supposedly at 2 percent to borrow money overnight. At least that’s what the US Federal Reserve Open Market Committee (FOMC) would like you to believe. Read More

US stocks slid into the red today, as Microsoft (NSDQ: MFST) decided to scuttle its merger bid for Yahoo (NSDQ: YHOO) and concerns arose that Bank Of America (NYSE: BAC) would either abandon its acquisition of Countrywide Financial (NYSE: CFC) or reduce its offer price. Read More

We are receiving reports that certain brokerages are performing unauthorized trades in their customers’ accounts, exercising the rights issues to sell the bond side of the Keystone North America’s (OTC: KSYNF, TSX: KNA-U) Income Participation Securities (IPS) for additional common shares. Read More

The three major US stock indexes finished the day mixed. Investor sentiment received a boost when the latest employment statistics showed that job losses decelerated in April, but a struggling technology sector and a surprise loss at Sun Microsystems (NSDQ: JAVA) weighed on the markets. Read More

US stocks recovered from yesterday’s losses to post solid gains, reflecting investors’ enthusiastic approval of what may be the Federal Reserve’s last rate cut for a while. Financials led the markets’ charge into the green, assisted by encouraging quarterly reports and share price gains from Symantec (NSDQ: SYMC) and Comcast (NSDQ: CMCSA). Read More

The Federal Reserve expectedly cut short-term interest rates by 25 basis points to 2 percent earlier this afternoon, signaling that it’s still wary of the economic outlook through 2008. As usual, the rate cut boosted stocks temporarily as investors fed off of the Fed’s move. But the market couldn’t hold its Fed-induced gains and bled out its rally to close in the red. Read More

The three major US stock indexes finished mixed today, as anxiety over the outcome of the Federal Open Market Committee’s meeting weighed on investor confidence. While the markets pondered how long the Fed would continue to cut interest rates, Corning (NYSE: GLW) and MasterCard (NYSE: MA) both released upbeat earnings reports. Read More

When your neighbor loses his job, it’s a recession. When you lose your job, it’s a depression. That old adage is hitting more and more folks around the markets. Read More