ECONOMY & MARKETS

US stocks mixed in early trade

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U.S. stocks were mixed in early trade on Wednesday with Nasdaq turns negative after Greece’s parliament approved key austerity bill to prevent a debt default.
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Gold prices, event chart

Gold Prices at $1,500: Will They Go Up or Down?

Gold is trading at $1,500, an important psychological level and near the all-time nominal high. Whether or not gold will go to new heights largely depends on monetary policy, according to some experts.
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Marcellus Shale Creates Opportunities for Western Pennsylvania Banks

FBR Capital Markets remains positive on the Marcellus Shale as a catalyst for banks in Western Pennsylvania, following a recent investor field trip. Meanwhile, the brokerage upgraded its rating on shares of First Commonwealth Financial Corp. (FCF) to "outperform" from "market perform".
The Apple Inc. logo is seen in the lobby of New York City's flagship Apple store

What's Ailing Apple?

Barclays Capital has addressed the reasons it believes shares of Apple Inc. (NASDAQ: AAPL) have underperformed the sector since February. Apple stock has fallen 3.82 percent between February 1 and June 24.
Australia's Banks cut costs

Global Banks Agree to Raise Buffer

The biggest banks in the world have agreed to hold more capital in the future to protect them should another crisis strike like the one in 2008.

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