IBT Staff Reporter

119311-119340 (out of 154943)

Moody's accused of issuing inflated ratings: report

A former analyst with Moody's Corp has accused the credit ratings agency of issuing inflated ratings, and has taken his concerns to U.S. congressional investigators, the Wall Street Journal reported on Wednesday.

Stock futures signal flat to higher start, Fed eyed

Stock futures pointed to a flat to higher start for Wall Street on Wednesday ahead of the Federal Reserve's interest rate decision, with Dow Jones futures up 0.2 percent, S&P 500 futures up 0.3 percent and Nasdaq futures flat at 4:15 a.m. EDT.

Oil steadies below $72, weak dollar supports

Oil steadied at below $72 a barrel on Wednesday, after rising more than 2 percent in the previous session, as a bearish industry report showing a surprise build in U.S. crude oil stockpiles was offset by further weakness in the dollar.

Nonresidential building index at 3-month low

A leading indicator of U.S. nonresidential construction spending dropped to its lowest level in three months in August as developers continued to find it tough to finance new projects.

Asia stocks at 13-month high

The dollar slid to a one-year low against a basket of currencies as market players seized on surprisingly strong New Zealand economic growth data as a reason to push the kiwi dollar higher and dump the U.S. currency.

Dollar hits 13-month low, Asia stocks push higher

The dollar slid to a 13-month low against a basket of currencies as market players seized on surprisingly strong New Zealand economic growth data as a reason to push the kiwi dollar higher and dump the U.S. currency.

G20 Support builds for rebalancing world economy

Leaders from some of the largest Western powers rallied support Tuesday behind a U.S. plan to build a more balanced global economy and warned against returning to business as usual once recovery takes hold.

Mexico's Cemex seals $1.8 bln share offer

Mexico's Cemex, the world's No. 3 cement maker, sealed a $1.8 billion share offer on strong demand on Tuesday in a sign of investor optimism in the debt-laden company's recovery.

Daily Commentary - 23/09/2009

The Aussie dollar roared higher yesterday having rallied almost 2% from its lows below 86 cents on Monday. Despite no local economic data released demand for the relatively high yielding AUD resurfaced following some better than expected data from across the Tasman. The New Zealand economic data saw Asian investors scramble to purchase both NZD and AUD against the Greenback, a theme that continued into early European trade. This morning sees the AUD open trade around its highs at 0.8730 having o...

Obama star power faces new test at U.N meeting

U.S. President Barack Obama makes his United Nations debut on Wednesday, hoping his international star power can throw new muscle behind a policy agenda that is already struggling to deliver.

Bank of America cuts customer overdraft fees

Bank of America Corp is reducing overdraft and other account fees for a broad swath of customer accounts in a two-stage process over the next year, the company announced late on Tuesday.

Intel CEO says looks beyond PCs as market matures

Clare BaldwinIntel Corp rolled out a software developers' platform on Tuesday and stressed it will step up efforts to boost revenue from consumer electronics and other markets beyond its core, maturing personal computer business.

Futures Market Summary - 22 Sept

US TREASURIES rebounded slightly on Tuesday after strong demand from the US 2 year note auction offered support to the government securities complex. Overall trading was quiet ahead of Wednesday's FOMC meeting announcement and $40 billion US 5 year note auction. Traders are expected to be watching auctions further out on the yield curve with greater scrutiny.

Vitamin K

Vitamin K is being touted these days in beauty creams, but what is it exactly? Essential to healthy blood and clotting, as well as to bone health, vitamin K is our body's single greatest defense against

Speeding Healing

Did you know pineapple and vitamin C can help your body heal faster? To find out how the body heals itself and what we can do to help it along, the Wellness Advisor spoke to Sandra Marin, M.P.H. and R.D., about wound healing.

Elevating Mood

Feeling blue? The Wellness Advisor has some advice which may help brighten your mood. Here are some tips which may help you feel a bit sunnier.

U.S. health insurers say they face gov't gag

Health insurers accused the U.S. Medicare agency on Tuesday of political interference in a battle over whether the industry can lobby its customers directly over healthcare legislation.

Rep. Frank plans key changes to consumer agency

U.S. lawmaker Barney Frank is making key changes to the White House plan for an agency to protect consumers from risky financial products, according to a congressional document obtained by Reuters on Tuesday.

Rep. Frank extracts vanilla from consumer agency

The Congress' chief author of financial regulatory reform moved on Tuesday to kill the most controversial part of an Obama administration proposal for a new government watchdog for financial consumers.

Private equity may be on cusp of golden age

The near collapse of the global financial system, which wiped out trillions in corporate value and personal savings, may be giving way to a new golden age for private equity investment, Silver Lake Co-CEO Glenn Hutchins said in an interview on Tuesday.

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