The markets kicked off the day in the green following three straight days of gains as traders shrugged off modestly disappointing durable goods data and remained hopeful that European authorities would move to keep Greece from defaulting next month. (more)
(Bloomberg) — A former Goldman Sachs Group Inc. (GS) trader and his father were accused by U.S. regulators of making illegal trades based on confidential information related to the Wall Street firm’s exchange-traded fund investments. (more)
As if having the U.S. lose its stellar credit rating wasn’t enough, the Securities and Exchange Commission is investigating whether some hedge funds and specialized trading firms profited from the debt downgrade through alleged insider trading, the Wall Street Journal reported on Tuesday. (more)
Sept. 17 (Bloomberg) — Wall Street firms are the target of a nonviolent demonstration in which organizers say they want 20,000 people to participate with tents, kitchens and “peaceful barricades” in lower Manhattan. (more)
NEW YORK (AP) — Shares of McDonald’s Corp. fell more than 4 percent Friday after the fast-food giant reported a slowdown in some overseas markets and missed analysts’ expectations on a key revenue measure. (more)
Wall Street slid solidly into negative territory after a raft of negative headlines weighed heavily on sentiment. (more)
Promising a “Tahrir moment,” anti-corporate activists plan to invade and occupy Wall Street in protest against the “financial Gomorrah of America” on September 17. (more)
NEW YORK (AP) — Buyers returned to the stock market Tuesday after deciding the pounding stocks have taken the past month made them too cheap to resist. (more)
The stock market took another pounding Thursday, with the widely watched Dow Jones Industrial Average shedding 419.63 points to close at 10,990.58. (more)
Mitt Romney has been raising a lot of money from the financial sector in recent months as he criticizes a historic package of new industry regulations signed by President Obama last year, according to campaign financial reports filed last week. (more)
Memo to employees at big Wall Street banks and securities firms: Be careful what you say on the elevator. You might be surrounded by regulators. (more)
Facebook is considering filing for an initial public offering this fall that could value the world’s largest social network at more than $100 billion, according to a report from CNBC. (more)
It’s a perennial debate around Detroit: Who’s better — GM or Ford? (more)
Glenn Reynolds interviewed me on Instavision earlier this week. I have to admit it looks better than bloggingheads. Production values! … In 14 minutes we cover lots of topics: Wisconsin, what’s happened to blogging, why I switched to Daily Caller, and–at about 8:09–my recipe for a winning Republican message in 2012. … Hint: It involves Wall Street … (more)
Wall Street: Money Never Sleeps star Shia LaBeouf was briefly handcuffed and released in the wee hours of Saturday morning after an alleged bar fight, UsMagazine.com has confirmed. (more)
NEW YORK (AP) — A surprising jump in hiring sent bond prices lower and lifted the dollar Wednesday. The Dow Jones industrial average edged higher for the third straight day of the new year. (more)
NEW YORK (AP) — Stocks closed mixed Tuesday after enthusiasm over a deal to extend tax cuts faded. (more)
NEW YORK (AP) — Stocks are rising in early trading on signs that consumers are spending more than expected this holiday season. (more)
“Wall Street: Money Never Sleeps” (2010). Oliver Stone, director. 20th Century Fox, 133 minutes. (more)
“Greed, for lack of a better word, is good.” That was the defining line of Oliver Stone’s 1987 film “Wall Street,” and his attack on the financial system that the news media would use for decades to portray businessmen as villains. (more)
