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Goldman to settle with SEC for $550 million

Goldman Sachs Group Inc agreed to pay $550 million to settle civil fraud charges over how it marketed a subprime mortgage product, ending months of negotiations that rattled the bank's clients and investors.
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Social media and the job hunt

The use of social media applications is becoming a popular tool for both employers and job seekers, especially those fresh out of college, to gather critical information and accumulate valuable contacts.
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Analysis: Money managers see no double-dip

Mid- and small-capitalization stocks often serve as a leading indicator for the direction of the U.S. economy. So what does it say that they are down roughly 15 to 20 percent?
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Australian dollar and euro rally as risk appetite rises

The Australian dollar rallied on Tuesday after an upbeat assessment of the global economy by the Reserve Bank of Australia spurred traders' appetite for high-yielding currencies, and the rising risk demand also helped boost the euro. Higher risk appetite, combined with a lackluster U.S. service sector report, put the dollar under broad selling pressure amid fears of further slowdown in the U.S. economy.
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Dollar falls vs yen, euro after ISM data

The dollar fell against the yen on Tuesday after a lower-than-expected reading on growth in the U.S. non-manufacturing sector raised concerns about the outlook for the economy.
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Bulls on the run in shortened week

Bearish bets in the equity options market, coupled with an increasingly sour view from a technical perspective, suggest stocks will struggle to break from a vicious two-month downtrend this week.
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Bulls on the run in shortened trading week

Bearish bets in the equity options market, coupled with an increasingly sour view from a technical perspective, suggest stocks will struggle to break from a vicious two-month downtrend next week.
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Dollar falls on growth fears; euro soars above $1.25

The euro rallied to a five-week high above $1.25 on Thursday, while the dollar fell broadly after disappointing data heightened worries the U.S. economic recovery is stalling. Concerns about euro zone debt and liquidity problems eased further on Thursday after Spain successfully sold 3.5 billion euros of a five-year bond, adding to positive sentiment a day after European banks borrowed less money than expected from a European Central Bank tender.
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Wall St sinks as economic alarm escalates

Investors fled the U.S. stock market on Tuesday and the S&P 500 tumbled to its lowest level in eight months in a sell-off triggered by a wave of increasing alarm over the global economic outlook.
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Wall St sinks on economic alarm

Investors fled the U.S. stock market on Tuesday and the S&P 500 tumbled to its lowest level in eight months in a sell-off triggered by a wave of increasing alarm over the global economic outlook.
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Yen gains on Fed and Greek debt concerns

The yen rose against the dollar and euro on Thursday as a less optimistic outlook on growth from the U.S. Federal Reserve dented risk appetite, with the single currency further hampered by Greek debt markets.
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Startups replacing summer jobs for students

Eric Heinbockel recalls going on a Wall Street interview the day investment bank Bear Stearns collapsed. With his chances of landing a coveted finance job dwindling, the former Columbia University undergraduate began exploring more entrepreneurial options, eventually launching a business that lets customers build their own chocolate bars.

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