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Man works in trading room of Shanghai Stock Exchange during ceremony marking initial public offering of ICBC

Chinese Exchanges End Year with Gain

Hong Kong and Shanghai shares rose on Friday, achieving a second straight week of gains and managing to break above stubborn chart resistances on hopes of policy easing inChina and on stronger overseas markets.

BofA May Pay Employees in Shares, with Eye on Capital

The logo of the Bank of America is pictured atop the Bank of America building in downtown Los Angeles
Bank of America Corp (BAC.N) may give shares worth $1 billion to employees instead of cash as part of bonuses and hold back on dividend increases and buybacks, as the second-largest U.S. bank grasps for ways to boost its capital levels.

U.S. Economy Improves but Obstacles Remain

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The number of Americans filing for new jobless benefits dropped to a near four-year low last week and factory activity in the mid-Atlantic expanded moderately, suggesting the economy carried some momentum into the new year.
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A BNY Mellon sign is seen on its headquarters in New York's financial district

BNY Mellon, Hybrid of the Finance World, Likely to Disappoint Wednesday

When the Bank of New York Mellon (NYSE:BK) reports its quarterly earnings Wednesday morning, the results will be a reflection of an institution at a crossroads. BNY, an industry player widely known for its dominance in the sleepy turf of trust banking, is trying to muscle its way into the more aggressive corners of Wall Street trading. Earnings could show what it's like when a bank occupies the worst of both those worlds of finance.
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NY Manufacturing's Growth Rate Rose in Jan - Fed

A gauge of manufacturing in New York State showed growth picked up in January, rising to the highest level in nine months as new orders and employment improved, the New York Federal Reserve said in a report on Tuesday.
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Fed officials say not time to buy bonds now

Two top Federal Reserve officials, including a policy centrist, said on Friday the central bank should hold off buying more bonds to boost growth given a strengthening in the economy.
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Bank Profit Reports Could Be Lifted by Biz Loans

A recent rise in loans to businesses is spurring hope that bank earnings reports, which begin Friday, will show that the outlook for this economically critical industry is better than its battered stock prices and weak investment banking volumes would suggest.
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Fed officials at odds over policy path

Top Federal Reserve officials disagreed on Wednesday over how aggressive the central bank should be to spur faster growth and bring a lofty jobless rate down more quickly.
The U.S. Federal Reserve building is seen in Washington

Fed Says U.S. Economy Is Expanding Moderately

The Federal Reserve said on Wednesday the economy continued to expand modestly through the end of 2011 as holiday spending proved robust, but a weak job market was still preventing incomes from rising.
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Fed should keep easy policy to boost economy: Evans

The U.S. Federal Reserve should stick to its super-easy monetary policy to fight unemployment and spur a painstakingly slow economic recovery, even if doing so pushes inflation temporarily higher, a top Fed official said on Wednesday.
An NYSE is seen over the trading floor of the New York Stock Exchange

Wall Street off 5-month high as energy drags

Stocks pulled back from five-month highs in early trading on Wednesday, with pressure on the euro testing the view that U.S. equities were decoupling from the single currency.
Ron Paul's theme song was The Imperial March at  New Hampshire

Ron Paul New Hampshire Primary Speech [FULL TEXT]

Texas Rep. Paul spoke with supporter in New Hampshire last night after placing second in the 2012 primary, behind former governor Mitt Romney. Read the full text of Paul's speech here, where he claimed victory for the cause of liberty and said his campaign was nipping at [Romney's] heels.
Bank of Canada seen on hold until 2013

Bank of Canada seen on hold until 2013

A deteriorating European with slower growth and the longer we go without economy and weak global growth will keep the Bank of Canada from raising rates for at least another year, though an interest rate cut looks highly unlikely, according to a Reuters survey.

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