Archive for the Category ‘Personal Finance’

Slim Passes Gates, Buffett to Become Forbes Richest (Update1)

Slim Passes Gates, Buffett to Become Forbes Richest (Update1)

Mexico’s Carlos Slim beat Bill Gates and Warren Buffett for the top spot on Forbes magazine’s annual list of billionaires, becoming the first person from outside the U.S. to lead the rankings in 16 years.

U.S. Stock Futures Decline Amid China Rate Concerns

U.S. Stock Futures Decline Amid China Rate Concerns

Higher-than-estimated inflation in China spurred speculation the nation will be forced to raise interest rates

Greece Underestimating GDP Fall, Deutsche Bank Says (Update2)

Greece Underestimating GDP Fall, Deutsche Bank Says (Update2)

Greece’s economy will contract “substantially” more this year than the government forecast in the deficit-cutting plan it gave to the European Commission, said Deutsche Bank AG economists led by Thomas Mayer.

Treasury Yield Curve Near Record Before $13 Billion Bond Sale

Treasury Yield Curve Near Record Before $13 Billion Bond Sale

The difference in yields between 2- and 30-year Treasuries was near the highest on record as the U.S. prepares to sell $13 billion of bonds amid signs the global recovery is gaining momentum.

BofA ‘Comfortable’ Bank Can Absorb Home-Equity Losses (Update1)

BofA ‘Comfortable’ Bank Can Absorb Home-Equity Losses (Update1)

Bank of America Corp.

Jobless Filings Fall, but Not as Much as Expected

Jobless Filings Fall, but Not as Much as Expected

A new report on weekly filings for first-time jobless claims was the latest indication of a slow recovery in the labor market.

Obama to Create Export Promotion Cabinet to Promote Trade

Obama to Create Export Promotion Cabinet to Promote Trade

The administration’s announcement comes as America’s trade deficit narrowed in January, largely because of a drop in spending on oil and cars and a decrease in exports like airplanes.

AIG, Bed Bath & Beyond, Citigroup, Yahoo!: U.S. Equity Preview

AIG, Bed Bath & Beyond, Citigroup, Yahoo!: U.S. Equity Preview

Shares of the following companies may have unusual moves in U.S. trading. Stock symbols are in parentheses

Stock Momentum Measure Signals More Gains: Technical Analysis

Stock Momentum Measure Signals More Gains: Technical Analysis

The yearlong rally in the U.S. market has pushed the number of stocks showing unusually sharp daily gains to the highest level at least since 1994, a sign that more gains may come, according to Concept Capital.

Stolen Bank Data Involved Thousands of Clients, HSBC Says

Stolen Bank Data Involved Thousands of Clients, HSBC Says

HSBC said the theft of Swiss client data at the heart of a recent tax dispute with France was vastly larger than it had previously acknowledged, involving at least 24,000 clients.

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