IBT Staff Reporter

123781-123810 (out of 154943)

Fed loss on Bear Stearns, AIG loans shrinks a bit

The Federal Reserve on Friday lifted an estimate of the value of Bear Stearns and American International Group assets used to secure their rescue last year, potentially reducing losses to U.S. taxpayers.

Chrysler deputy CEO Press to leave: sources

Chrysler Group LLC Deputy Chief Executive Jim Press said he plans to leave by November, ending a two-year stint at the automaker that included its slide into bankruptcy, according to two people briefed on the still-confidential discussions.

Stocks end higher on recovery hopes

Stocks ended sharply higher on Friday as investors were reassured by comments from Federal Reserve Chairman Ben Bernanke on prospects for an economic recovery. Confidence also was helped by stronger-than-expected housing data.

Hurricane Bill weakens near Bermuda

Hurricane Bill weakened slightly on Friday as it followed a path between the U.S. East Coast and Bermuda, but the tiny British territory warned its residents to prepare for dangerous surf and possible flooding.

Iceland’s Natural Wonders

Iceland is roughly the size of Ohio, but for a small country, it packs a really big punch. Waterfalls thunder over cliffs

7 Reasons Why You Should Go on a Road Trip Now

From Lewis & Clark to Jack Kerouac to the movie Road Trip, we have always felt the allure of the open road. Whether crossing the Rockies, the Mississippi, or the Great Plains, the road trip has always been the most quintessential of American getaways.

S&P extends gains, rising 2 percent

The S&P 500 index rose 2 percent briefly on Friday as investors were reassured by comments from Federal Reserve Chairman Ben Bernanke on prospects for an economic recovery, with confidence also boosted by better-than-expected housing data.

NYC shuts beaches on hurricane Bill's approach

New York City announced the closure of beaches in Queens, Brooklyn and Staten Island on Friday in a bid to protect beachgoers against possible big waves as hurricane Bill approaches Bermuda.

Gaps

Gaps are simply areas on the bar chart where no trading has taken place. An upward gap occurs when the lowest price for one day is higher than the highest price of the preceding day. A downward gap means that the highest price for one day is lower than the lowest price of the preceding day. There are different types of gaps that appear at different stages of the trend. Being able to distinguish among them can provide useful and profitable market insights. Three types of gaps have forecasting val...

Wall Street hits 2009 highs

Stocks surged to 2009 highs on Friday after a surprising increase in existing home sales offered solid evidence of a recovery and positive comments from Federal Reserve Chairman Ben Bernanke bolstered optimism about the economy.

Ex-UBS banker turned informant sentenced to jail

A former UBS banker and key informant in the U.S. tax evasion case against Swiss bank UBS AG was sentenced to three years and four months in prison on Friday for helping a billionaire hide assets from U.S. tax authorities.

Dollar likely higher in the week ahead

The U.S. dollar is likely to rise in the week ahead as investors seek safety amid doubts about the strength of the global recovery after a sell-off in Chinese stocks.

Chrysler deputy CEO Press to leave: source

Chrysler Group LLC Deputy Chief Executive Jim Press has conveyed his plans to leave the automaker by November, according to a person briefed on the still-confidential discussion.

Flags and Pennants

These two short-term continuation patterns mark brief pauses, or resting periods, during dynamic market trends.

Yahoo wins court ruling over webcasting fees

A federal appeals court in New York ruled that a Yahoo Inc Internet radio service is not required to pay fees to copyright holders of songs it plays, a defeat for Sony Corp's BMG Music.

GM leans toward Magna for Opel deal: sources

General Motors is leaning toward picking Canada's Magna International and its Russian partners -- Germany's favored suitors -- as preferred buyers for the Opel business in Europe, sources close to the matter said on Friday.

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