financial news

Harrisburg, Pennsylvania, Files for Bankruptcy, Lawyer Says - Businessweek The city of Harrisburg, Pennsylvania, facing a state takeover of its finances, filed for bankruptcy protection following a…

Global stock continue to push higher amid choppy conditions; EuroStoxx reaches 6-week high. Slovakia’s rejection of the EFSF 2.0 is unlikely to derail ratification; EUR/USD breaches 1.38. China’s PBOC reportedly intervened it the Chinese…

What Do Steve Jobs' Obituaries Leave Out? His Appreciation for LSD | | AlterNet Apple's legendary co-founder Steve Jobs said acid was one of the most important things he did in his life.…

Equity markets paring back recent gains after one-week recovery ahead of Slovakia EFSF vote. Slovakia is the last country to vote on EFSF enhancement; “Yes” vote is not a done deal. News reports indicate China’s SWF is buying bank shares;…

Recession Officially Over, U.S. Incomes Kept Falling - NYTimes.com In a grim sign of the enduring nature of the economic slump, household income declined more in the two years after the recession ended…

US dollar broadly weaker as risk appetite returns; correction across asset classes. Merkel and Sarkozy promise comprehensive plan to shore up banks and give closure on Greece in early. US fixed income markets closed today. Canadian markets…

Another Frightening Look At The Real Mega Bears tags: bear market history…

George Soros likens troubles in U.S., Europe to Soviet collapse - The Globe and Mail tags: Soros capitalism crisis…

In praise of Wall Street protesters - FT.com tags: protest Euro Zone: 'Depression' Makes…

Markets choppy ahead of the US employment report; global stocks mixed, commodities softer. US economic data performance continues to outperform; Sep. Canadian employment surges. Custody holdings at the Federal Reserve for foreign central…