NEW YORK (AP) — The stock market's slow bleed got a little worse Tuesday.
The decline is the result of squabbling in Washington over raising the nation's debt limit and a government shutdown that has dragged on for more than a week. Moderate losses for the stock market in the first days of the shutdown have accelerated this week as the U.S. has moved closer to an Oct. 17 deadline for lifting the government's borrowing authority.
11. Shutdown gives Obama unlikely ally: big business - Friday, September 27, 2013
WASHINGTON (AP) — Business leaders are taking sides with Democratic President Barack Obama after failing to persuade their traditional Republican allies in Congress to avert a government shutdown.12. JPMorgan pays $920M, admits fault in trading loss - Friday, September 20, 2013
WASHINGTON (AP) — JPMorgan Chase & Co. will pay $920 million and has admitted that it failed to oversee trading that led to a $6 billion loss and renewed worries about serious risk-taking by major banks.13. JPMorgan pays $920M, admits fault in trading loss - Friday, September 13, 2013
WASHINGTON (AP) — JPMorgan Chase & Co. will pay $920 million and has admitted that it failed to oversee trading that led to a $6 billion loss and renewed worries about serious risk-taking by major banks.14. Titans confident ‘bad vibe’ of last season has faded - Friday, September 20, 2013
As the Tennessee Titans enter their home opener this week against the San Diego Chargers, they do so in bittersweet fashion.
When the schedule first came out back in April, most fans and prognosticators looked at the opening two games in Pittsburgh and Houston and said that if the Titans came out of that road double with a 1-1 record, that they should be pleased.15. Stock market sets record after Fed keeps stimulus - Friday, September 13, 2013
NEW YORK (AP) — The stock market hit a record high Wednesday as investors cheered the Federal Reserve's surprise decision to keep its economic stimulus program in place, at least for now.
Stocks traded slightly lower throughout the morning, but took off immediately after the Fed's decision in the early afternoon. Bond yields fell sharply — their biggest move in nearly two years. Meanwhile, the price of gold jumped as some traders anticipated that the Fed's decision might cause inflation.
16. Stocks edge higher after encouraging jobs reports - Friday, August 30, 2013
NEW YORK (AP) — Stocks edged higher Thursday after a pair of reports provided more evidence that the U.S. is maintaining a slow but steady economic recovery.
The number of Americans seeking unemployment benefits dropped last week and is near the lowest level since June 2008, the Labor Department said Thursday. Weekly applications are just 1,000 above a five-year low reached last month.
17. No surprises for Alexander and GOP incumbents - Friday, August 30, 2013
NASHVILLE (AP) - Faced with a potentially serious primary challenger, Tennessee Sen. Lamar Alexander was not about to sit back and wait.
The former two-term governor locked down endorsements, banked more than $3 million and linked arms with popular Sen. Rand Paul of Kentucky and former GOP presidential contender Mike Huckabee. When conservative state Rep. Joe Carr announced he would challenge Alexander, the senator's team was ready.18. Nasdaq trading halts; stocks up on positive data - Friday, August 23, 2013
NEW YORK (AP) — The stock market rose Thursday but it was a glitch on the Nasdaq exchange that became the day's big talking point.
Trading on the Nasdaq was interrupted just after midday because of problems with a quote dissemination system. That halted activity on the Nasdaq until shortly before the close of the market. When trading resumed, shares in Nasdaq OMX, which owns and operates the exchange, slumped.19. Why the stock market is having a chilly August - Friday, August 16, 2013
NEW YORK (AP) — It's been a chilly August for the stock market.
At the start of the month, the Dow Jones industrial average and Standard & Poor's 500 index hit all-time highs. Now the market is down 4 percent from its peak, and August is on track to be the Dow's worst month since May 2012.20. Weak earnings tug stocks lower on Wall Street - Friday, August 02, 2013
NEW YORK (AP) — Disappointing earnings news and a slump in bank stocks tugged the stock market lower early Wednesday, putting major indexes on track for their first three-day drop since June.21. Fully-owned NBCUniversal boosts Comcast 2Q results - Friday, July 26, 2013
NEW YORK (AP) — The decision by Comcast Corp., the country's largest cable company, to buy General Electric out of the NBCUniversal business looks like a smart one, as the media conglomerate posted strong results for the second quarter.22. Feds charge hedge fund SAC Capital in NY case - Friday, July 26, 2013
NEW YORK (AP) — The hedge fund operated by embattled billionaire Steven A. Cohen made hundreds of millions of dollars illegally and allowed unprecedented and pervasive insider trading to go unchecked for years, federal prosecutors said in an indictment unsealed Thursday.23. Feds charge hedge fund SAC Capital in NY case - Friday, July 19, 2013
NEW YORK (AP) — The hedge fund operated by embattled billionaire Steven A. Cohen made hundreds of millions of dollars illegally and allowed unprecedented and pervasive insider trading to go on unchecked for years, federal prosecutors said in an indictment unsealed Thursday.24. Student Loans 101: Why Uncle Sam is your banker - Friday, July 19, 2013
WASHINGTON (AP) — As Congress scrambles to pull back a messy student loan increase, it raises the question: Why did Uncle Sam get into the college loan business, anyway?
The short answer: Because the Russians launched Sputnik.25. Two acts remain in Bernanke’s screenplay - Friday, July 19, 2013
After weeks of volatility, driven by complex Fed speculation after a chorus of mixed messages, Chairman Bernanke re-focused marketplace attention on the Fed’s core purpose.
As per Congress, The Federal Reserve Act directs: “the Federal Reserve...shall maintain long run growth of the monetary and credit aggregates commensurate with the economy’s long run potential…to promote the goals of maximum employment, stable prices and moderate long-term interest rates.”26. Wells Fargo Q2 profit rises 20 pct - Friday, July 12, 2013
Wells Fargo, the biggest U.S. mortgage lender, said Friday its second-quarter profit surged 20 percent as it cut expenses.
Net income rose to $5.27 billion from $4.40 billion a year earlier. On a per-share basis, earnings were 98 cents, beating the 93 cents forecast by Wall Street.27. Retailers report strong gains for June - Friday, July 12, 2013
NEW YORK (AP) — June sales heated up for stores.
Costco Corp., Fred's Inc. and Stein Mart Inc. were among the retailers that reported their strongest sales gains since January, as shoppers, enticed by warm weather and an improving economy, took advantage of summer discounts.28. Market rises: less on Fed chatter, more on economy - Friday, June 21, 2013
NEW YORK (AP) — Wall Street got back to focusing on the economy instead of the Federal Reserve on Tuesday, sending stocks higher.
Four reports showed a brightening U.S. economy. Housing and manufacturing continued to improve, and consumer confidence hit its highest level in 5 1/2 years.
29. Olive Garden luring diners with cheaper prices - Friday, June 21, 2013
NEW YORK (AP) — If the free breadsticks and unlimited soup and salad aren't enough, Olive Garden is hitting the gas on other promotions to get customers through its doors.
Darden Restaurants Inc., which has been struggling to hold onto customers in recent years, said deal offers like "2 for $25" dinner special helped drive up customer traffic at its flagship Olive Garden and Red Lobster chains in the latest quarter. The company said it will keep stressing the affordability of its food in the year ahead to attract more diners.
30. Oil climbs above $98 ahead of Fed policy news - Friday, June 14, 2013
The price of oil rose above $98 Tuesday as traders awaited the latest word on both the Federal Reserve's monetary policy and U.S. oil supplies.
Benchmark oil for July delivery rose 67 cents to close at $98.44 a barrel on the New York Mercantile Exchange.31. US proposes labeling some nonbanks threats - Friday, May 31, 2013
WASHINGTON (AP) — Federal regulators have proposed that a group of firms that aren't banks be deemed potential threats to the financial system that need stricter government oversight.
Big insurers American International Group Inc. and Prudential Financial Inc., and General Electric Co.'s finance arm GE Capital, said they are among the firms. The near-collapse of AIG in 2008 helped trigger the financial crisis and it received a $182 billion federal bailout that it has since repaid.32. Reacting to Fed dread - Friday, May 31, 2013
In an otherwise exceptionally dull trading week, markets worldwide reacted violently last Wednesday to Ben Bernanke’s mixed congressional testimony and the Fed meeting minutes released later in the day. Why so skittish?33. US consumer confidence rises in May to 5-year high - Friday, May 24, 2013
WASHINGTON (AP) — Americans' confidence in the economy jumped in May to a five-year high, lifted by a better outlook for hiring, rising home prices and more optimism about business conditions. The increase suggests consumers may keep boosting economic growth this year.34. Stocks jump after home prices, confidence surge - Friday, May 24, 2013
NEW YORK (AP) — A rally that brought the stock market to record highs this year came back to life after U.S. home prices rose the most in seven years and consumer confidence reached a five-year high. As stock prices rose investors sold bonds, sending interest rates higher.35. Will we sell in May this spring? - Friday, May 24, 2013
The “Sell in May, and Go Away” slogan is common vernacular within the investment sphere. However, for some of our readers who might not be as familiar with this phrase, we will use this week’s writings to review.36. Jamie Dimon under pressure ahead of investor vote - Friday, May 17, 2013
NEW YORK (AP) — Jamie Dimon, chairman and CEO of the country's biggest bank, faces a key test this week: His shareholders are voting on whether to let him keep both jobs.
It's been just more than a year since his bank, JPMorgan Chase, revealed a surprise trading loss that tarnished its usually stellar reputation in Washington and on Wall Street, and what a difference it has made. Shareholder groups are calling for the bank to strip him of his chairman job, a move that would be a bruising referendum against a man who's normally chieftain even among other big-bank CEOs. They're also lobbying to kick out multiple long-time board members, saying they should have done more to detect or prevent the trading loss.37. CFTC adopts weakened rule on derivatives trading - Friday, May 17, 2013
WASHINGTON (AP) — A rule intended to loosen the largest U.S. banks' control over the trading of complex investments and help safeguard the financial system was weakened Thursday by regulators.
Critics say the changes will allow major Wall Street banks to continue to dominate the $700 trillion derivatives market.38. LinkedIn looks to build on its impressive resume - Friday, May 10, 2013
MOUNTAIN VIEW, Calif. (AP) — LinkedIn and Facebook will celebrate the anniversaries of their IPOs just a few days apart this week. But their experiences as publicly traded companies couldn't be more different.39. National Mall overhaul draws $10M gift from Volkswagen - Friday, April 26, 2013
WASHINGTON (AP) — Plans to overhaul neglected sites on Washington's National Mall with lakeside gardens, grassy amphitheaters and restaurants with views of the nation's memorials are getting a boost from a German carmaker.40. Obama to tap Pritzker, Froman for economic jobs - Friday, April 26, 2013
WASHINGTON (AP) — President Barack Obama on Thursday will nominate longtime fundraiser and philanthropist Penny Pritzker to run the Commerce Department and economic adviser Micahel Froman as the next U.S. Trade Representative.41. Stocks gain after unemployment claims fall - Friday, April 26, 2013
NEW YORK (AP) — Encouraging news about the job market and higher profits from CBS, Facebook and other companies lifted stocks Thursday.
Signs of increased hiring have supported this year's surge in stocks and pushed the market to record highs. The run-up has started to falter in recent weeks on concerns that the global economy is slowing.42. Stock market rebounds from worst day of the year - Friday, April 12, 2013
NEW YORK (AP) — Strong housing and earnings reports helped stocks rebound from their worst day of the year.
The Dow Jones industrial average rose 157.58 points, or 1.1 percent, on Tuesday, to 14,756.78, winning back more than half of the 265 points it lost a day earlier. The Standard & Poor's 500 index logged its second-best day of the year.
43. Senate confirms White to head SEC - Friday, April 05, 2013
WASHINGTON (AP) — The U.S. Senate has confirmed Mary Jo White's nomination as chairman of the Securities and Exchange Commission, making her the first former prosecutor to lead the federal agency that oversees Wall Street.44. Financial discipline grows 5 years after crisis - Friday, March 29, 2013
BOSTON (AP) — The frugality and investing discipline that the 2008 financial crisis imposed on Americans appear to have led to permanent changes in behavior on money matters, according to a survey by the nation's second largest mutual fund company.45. The Cyprus is falling! - Friday, March 29, 2013
The Cyprus economy is $23 billion. (The Vermont economy is $26 billion.) Bank loans in Cyprus are eight times the size of GDP, compared with 3.5 times in the Eurozone and 1 times U.S. GDP. With leverage ratio’s that high, a small deterioration in loan performance can render the banking system insolvent.46. JPMorgan, MF Global trustee reach agreement - Friday, March 15, 2013
NEW YORK (AP) — JPMorgan Chase has agreed to a deal that will return $546 million to former customers of trading firm MF Global Holdings Ltd., which collapsed in 2011 with $1.6 billion missing from its accounts.47. US housing starts rise, permits at 4½-year high - Friday, March 15, 2013
WASHINGTON (AP) — U.S. builders started more houses and apartments in February and received building permits for future construction at the fastest pace in 4½ years. The increases point to a housing recovery that is gaining strength.48. White promises "unrelenting" enforcement at SEC - Friday, March 08, 2013
WASHINGTON (AP) — Mary Jo White vowed Tuesday to make "bold and unrelenting" enforcement of Wall Street a high priority if she is confirmed chairman of the Securities and Exchange Commission.49. Dow Record: Three tales of ups, downs and changes - Friday, March 01, 2013
NEW YORK (AP) — When the Dow first crossed 14,000, investors were overjoyed. When it closed at an all-time high of 14,253.77 on Tuesday, it wasn't so much a time for celebration as it was for reflection.50. Dow hits record, erasing Great Recession losses - Friday, March 01, 2013
NEW YORK (AP) — The stock market is back.
Five and a half years after the start of a frightening drop that erased $11 trillion from stock portfolios and made investors despair of ever getting their money back, the Dow Jones industrial average has regained all the losses suffered during the Great Recession and reached a new high. The blue-chip index rose 125.95 points Tuesday and closed at 14,253.77, topping the previous record of 14,164.53 on Oct. 9, 2007, by 89.24 points.51. Home Depot leads Dow average higher - Friday, February 22, 2013
NEW YORK (AP) — A jump in home sales and strong earnings from Home Depot helped the Dow claw back more than half of its losses from Monday. Improving consumer confidence also brought back buyers to the market.52. GOP senators vow to block consumer office nominee - Friday, February 01, 2013
WASHINGTON (AP) — Renewing a three-year-old fight over bank oversight, Senate Republicans said Friday they will oppose President Barack Obama's nominee to head the Consumer Financial Protection Bureau unless the office created after the 2008 Wall Street financial meltdown is significantly changed.53. Top residential real estate transactions of December 2012 - Friday, February 01, 2013
Top December 2012 residential real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.54. New BlackBerrys coming to UK, Canada in next week - Friday, January 25, 2013
NEW YORK (AP) — A new generation of more versatile BlackBerry smartphones is finally about to hit the market after excruciating delays allowed mobile devices made by Apple, Samsung and others to build commanding leads in a market that is redefining society.55. S&P 500 in longest winning streak since 2004 - Friday, January 25, 2013
NEW YORK (AP) — The Standard & Poor's 500 index closed above 1,500 on Friday for the first time since the start of the Great Recession in 2007, lifted by strong earnings from Procter & Gamble and Starbucks.56. Why Geithner's Treasury leadership proved divisive - Friday, January 18, 2013
WASHINGTON (AP) — President Barack Obama has saluted the outgoing Timothy Geithner as one of the best U.S. Treasury secretaries ever. He's surely been among the most contentious.
Not since the Great Depression had an administration inherited so many grave financial threats at once. To many, Geithner deserves credit for helping steady the banking system and helping restore investor confidence. Yet his toughest critics say Geithner's policies consistently favored big banks over ordinary struggling Americans.57. Practically human: Can smart machines do your job? - Friday, January 18, 2013
WASHINGTON (AP) — Art Liscano knows he's an endangered species in the job market: He's a meter reader in Fresno, Calif. For 26 years, he's driven from house to house, checking how much electricity Pacific Gas & Electric customers have used.58. Can Apple maintain its shine? - Friday, January 18, 2013
NEW YORK (AP) — For many investors, Apple's best days are behind it. Competitors are catching up, they believe, and the latest iPhone is stumbling.
The company's doubters have backed their conviction with billions of dollars. Last week, the stock fell below $500 for the first time in 11 months. Since Apple's stock peaked at $705.07 on Sept. 21 — the day of the iPhone 5's release — it has fallen nearly 30 percent, cutting Apple's market capitalization by nearly $200 billion.59. Transcripts show Fed underestimated crisis in 2007 - Friday, January 18, 2013
WASHINGTON (AP) — Federal Reserve officials in 2007 underestimated the scope of the approaching financial crisis and how it would tip the U.S. economy into the worst recession since the Great Depression, transcripts of the Fed's policy meetings that year show.60. Surge in home construction likely to continue - Friday, January 18, 2013
WASHINGTON (AP) — The aftermath of the housing bust forced many homebuilders to dramatically scale back construction on new homes to avoid the risk of ending up saddled with a trove of newly built, yet unsold properties.61. US home construction in 2012 highest in 4 years - Friday, January 18, 2013
WASHINGTON (AP) — U.S. builders started work on homes in December at the fastest pace in 4 ½ years and finished 2012 as their best year for residential construction since the early stages of the housing crisis.62. Stocks rise after better housing, jobless reports - Friday, January 11, 2013
NEW YORK (AP) — Stocks advanced, pushing the Standard and Poor's 500 to another five-year high, after strong reports on housing starts and unemployment claims made investors more optimistic about the U.S. economy.63. Recession over, Sumner projects progress - Friday, January 11, 2013
For years, Rivergate Mall has the shopping destination of choice for Sumner County residents.
But an ambitious development proposed in the early 2000s could solve Sumner’s retail problem, as well as bring in new office space, dining and mixed-use residential. Indian Lake Village, a development on more than 400 acres, began construction in 2002. The land had previously been owned by one family, in their possession since the Civil War.64. Chevrolet Sonic tells story of Detroit comeback - Friday, January 04, 2013
DETROIT (AP) - When the word reached the Orion Assembly Plant, it spread along the serpentine assembly line like news of a death or natural disaster: General Motors, the biggest automaker in the world, had filed for bankruptcy protection.65. Retailers report higher December sales - Friday, January 04, 2013
NEW YORK (AP) — A last-minute surge in spending seems to have saved the holiday shopping season.
Major retailers including Costco, Gap and Nordstrom on Thursday reported better-than-expected revenue in December. That comes as a relief for stores, which can make up to 40 percent of their annual revenue in the last two months of the year.66. Retailers report higher December sales - Friday, December 28, 2012
NEW YORK (AP) — A last-minute surge in spending seems to have saved the holiday shopping season for stores.
Major retailers including Costco, Gap and Nordstrom on Thursday reported better-than-expected revenue in December. That comes as a relief for stores that can make up to 40 percent of their annual revenue during the winter holiday shopping period that runs from November through the end of December.67. US still faces political fights on spending, debt - Friday, December 28, 2012
WASHINGTON (AP) — A last-minute deal will keep the U.S. from driving off the so-called "fiscal cliff," but higher taxes and continued political fighting in Washington threaten to shake the fragile economy well into 2013.68. Ordinary folks losing faith in stocks - Friday, December 28, 2012
NEW YORK (AP) — Andrew Neitlich is the last person you'd expect to be rattled by the stock market.
He once worked as a financial analyst picking stocks for a mutual fund. He has huddled with dozens of CEOs in his current career as an executive coach. During the dot-com crash 12 years ago, he kept his wits and did not sell.69. Ordinary folks losing faith in stocks - Friday, December 21, 2012
NEW YORK (AP) — Andrew Neitlich is the last person you'd expect to be rattled by the stock market.
He once worked as a financial analyst picking stocks for a mutual fund. He has huddled with dozens of CEOs in his current career as an executive coach. During the dot-com crash 12 years ago, he kept his wits and did not sell.70. Stocks sink after Republicans cancel budget vote - Friday, December 21, 2012
NEW YORK (AP) — Investors sent Washington a reminder Friday that Wall Street is a power player in talks to avoid the "fiscal cliff."
Stocks fell sharply after House Republicans called off a vote on tax rates and left federal budget talks in disarray 10 days before sweeping tax increases and government spending cuts take effect.71. Be careful of cashing out before 2013 tax increases - Friday, December 21, 2012
While we may not know the details of next year’s tax increases, we do know that taxes will increase.
This has created a rush of year-end tax planning to sell assets, issue dividends and claw compensation forward.72. Stocks fall as sides snipe in 'cliff' talks - Friday, December 14, 2012
Stocks dipped Wednesday, recording their first loss of the week. President Barack Obama and Republicans in Congress sniped at each other, and a deadline to avoid sweeping tax increases and government spending cuts drew closer.73. Stocks close higher as budget talks progress - Friday, December 14, 2012
NEW YORK (AP) — Stocks rose on Wall Street as investors were encouraged by signs of progress in budget talks in Washington. Just two weeks remain before tax increases and government spending cuts take effect if no deal is reached.74. Avon to cut 4 pct of jobs in global restructuring - Friday, December 07, 2012
NEW YORK (AP) — Avon Products plans to cut about 1,500 jobs and exit two Asian markets, as the struggling beauty products seller starts on a broad restructuring plan in an effort to turn around results.75. Treasury sells remaining shares of AIG - Friday, December 07, 2012
WASHINGTON (AP) — The Treasury Department said Tuesday that it has sold all of its remaining shares of American International Group Inc., moving to wrap up the government's biggest bailout of the 2008 financial crisis.76. Stocks gain on budget talk optimism, Fed stimulus - Friday, December 07, 2012
NEW YORK (AP) — Stocks rose for a fifth straight day Tuesday as investors latched on to reports of progress in budget talks in Washington. The Standard & Poor's 500 index had its biggest gain this month.77. Stock market is a wild card in fiscal cliff talks - Friday, December 07, 2012
WASHINGTON (AP) — Congress and the White House can significantly soften the initial impact of the "fiscal cliff" even if they fail to reach a compromise by Dec. 31. One thing they cannot control, however, is the financial markets' reaction, which possibly could be a panicky sell-off that triggers economic reversals worldwide.78. Retailers report weak sales gains for November - Friday, November 23, 2012
NEW YORK (AP) — Black Friday was no match for Sandy.
Major retailers such as Kohl's, Target and Macy's on Thursday reported weak sales in November as a strong start to the holiday shopping season — including a good showing on the day after Thanksgiving — wasn't enough to fully offset the damage caused by Superstorm Sandy earlier in the month.79. East vs. West: Firsthand look an eye opener - Friday, November 30, 2012
Yin and Yang Since Election Day, stock indices have fallen sharply, reflecting the Washington non-consensus. As we enter another legislative sausage session, investors can’t help but recall the 20 percent drawdown that marked the last high-stakes negotiation.80. Schapiro's SEC successor likely to follow her lead - Friday, November 23, 2012
WASHINGTON (AP) — The leadership of the Securities and Exchange Commission will change next month. Its approach to regulation probably won't.
Mary Schapiro will step down as chairwoman after a tumultuous tenure in which she helped lead the government's regulatory response to the 2008 financial crisis.81. Stocks slide on 'fiscal cliff' warning - Friday, November 23, 2012
NEW YORK (AP) — Stocks slumped on Wall Street Tuesday after Senate Majority Leader Harry Reid said he was frustrated by the lack of progress in talks over the U.S. budget impasse in Washington.82. SEC official Elisse Walter chosen to lead agency - Friday, November 23, 2012
WASHINGTON (AP) — President Barack Obama has chosen Elisse Walter, one of five members of the Securities and Exchange Commission, to become chairman of the agency. Chairman Mary Schapiro will leave next month after a tumultuous tenure in which she helped lead the government's regulatory response to the 2008 financial crisis.83. Stocks soar on Black Friday; tech leads the way - Friday, November 23, 2012
The stock market enjoyed some Black Friday cheer, rising sharply as shoppers braved the annual post-Thanksgiving rush. Major stock indexes closed one of their best weeks of the year.
Traders were encouraged by positive economic news from Germany and China, two engines of global growth. Technology stocks soared after a few weeks of selling. And early reports from retailers suggested strong consumer spending.84. Top residential real estate transactions for October 2012 - Friday, November 16, 2012
October 2012 residential real estate transactions for Davidson, Williamson, Rutherford, Wilson and Sumner counties, as compiled by Chandler Reports.85. Fearing 'cliff,' investors finish brutal week - Friday, November 09, 2012
NEW YORK (AP) — Wall Street is peering over the "fiscal cliff" and feeling vertigo.
The stock market finished one of the worst weeks of the year Friday, pushing Washington to work out a deal to avoid the tax increases and government spending cuts set to take effect Jan. 1.86. Stocks slide on Wall Street, extending sell-off - Friday, November 02, 2012
NEW YORK (AP) — Stocks slid on Wall Street Thursday, a day after the Dow Jones industrial average logged its biggest one-day drop of the year, as investors fretted about the potential for gridlock in Washington.87. Dow loses 313 in post-election sell-off - Friday, November 02, 2012
Wall Street greeted a second Obama term the way it greeted the first.
Investors dumped stocks Wednesday in the sharpest sell-off of the year. With the election only hours behind them, they focused on big problems ahead in Washington and across the Atlantic Ocean.88. Tennessee voters speak about the election - Friday, November 02, 2012
NASHVILLE (AP) — Voters who cast ballots Tuesday or during Tennessee's 14-day early voting period talk about their selections and the general election.
The top race on the ticket, the contest for president between President Barack Obama, the Democrat, and Republican challenger Mitt Romney, helped send Tennessee voters to the polls even though the race wasn't close in this state.89. Saint Thomas Health’s Littrell sets retirement - Friday, November 02, 2012
Saint Thomas Health has announced that long-time health care executive Wes Littrell will retire at the end of the calendar year. Littrell is the chief strategy officer for Saint Thomas Health and chief executive officer of Saint Thomas Health Affiliates.90. Why Greg Smith left Goldman Sachs - Friday, October 19, 2012
Greg Smith wrote the essay that echoed across Wall Street like a thunderclap.
Smith was a vice president at Goldman Sachs until March. He announced his departure from the investment bank with a blistering editorial in The New York Times, accusing Goldman of routinely deceiving clients and relentlessly pursuing profit at the expense of morality.91. Are mortgages turning a corner? Maybe, says BofA - Friday, October 12, 2012
NEW YORK (AP) — For banks, mortgage-making kept profits humming before the financial crisis, then blackened reputations and stamped out earnings when the crisis hit.
Now, the business of mortgage lending is more of a mixed bag.92. Stocks end mostly higher after housing starts jump - Friday, October 12, 2012
A surprisingly strong housing report helped push stocks modestly higher, even as weak earnings reports from Intel and IBM weighed on the Dow Jones industrial average.
The Dow eked out a gain of five points to close at 13,557.93. Vikram Pandit steps down as Citigroup CEO - Friday, October 12, 2012
Vikram Pandit abruptly stepped down as CEO of Citigroup on Tuesday, surprising Wall Street, after steering the bank through the 2008 financial crisis and the choppy years that followed.
Pandit's replacement, effective immediately, is Michael Corbat, the current CEO of Citigroup's Europe, Middle East and Africa division, the bank said. Corbat has worked at Citi and its predecessors since he graduated from Harvard in 1983, it said.94. Stocks head higher, despite Europe worries - Friday, October 05, 2012
NEW YORK (AP) — One piece of good news on jobs was enough Thursday on Wall Street.
The stock market popped higher after the Labor Department reported an encouraging decline in weekly claims for unemployment insurance. That one piece of good news was enough to help traders forget about a drumbeat of worrisome developments, like a widening U.S. trade deficit, higher unemployment in Greece and a ratings cut for Spain.'95. Self reform can’t come soon enough - Friday, October 05, 2012
We Have Seen the Face of Reform: In 2008, a prolonged lack of credit scrutiny led to a financial crisis. While the clean-up of the financial system continues, the bulk of the rationalization happened very quickly. Massive institutions failed, while remainder institutions began internal austerity programs to reconstruct rotten balance sheets.96. Feds throw support behind lawsuit against JPMorgan - Friday, September 28, 2012
WASHINGTON (AP) — The federal government on Tuesday threw its support behind a lawsuit against JPMorgan Chase accusing Bear Stearns, the investment bank JPMorgan bought in 2008, of engaging in massive fraud in deals involving billions in residential mortgage-backed securities.97. Stocks seal 3Q gains despite bumpy final days - Friday, September 28, 2012
Stocks posted solid gains for the third quarter, although the ride got bumpy at the end.
Stocks fell five days of the last six, including on Friday, the last trading day of the quarter. But the big indexes are still up 4 percent or more for the three months. They're ahead 10 percent or more for the year.98. WHY IT MATTERS: Wall Street regulation and reform - Friday, September 21, 2012
EDITOR'S NOTE _ One in a weekday series examining issues at stake in the election and their impact on people.
The 2008 financial crisis roiled the banking system and swamped the global economy, leaving millions of Americans jobless, underemployed or facing foreclosure. In its wake, Congress set out to overhaul how the government oversees Wall Street. The result was a sprawling law, the Dodd-Frank Act, which aims to prevent future crises by giving the government new tools and restricting banks' activities. The law may make future crises less likely, but it increases costs for companies, especially banks, and their customers.99. Obama boosted by upbeat housing reports, new polls - Friday, September 14, 2012
WASHINGTON (AP) — Fresh signs of a national housing rebound and growing support in public opinion polls boosted President Barack Obama's bid for a new term in the White House on Wednesday as Republican rival Mitt Romney struggled to quell his video controversy.100. US stocks surge after Fed announces more help - Friday, September 07, 2012
NEW YORK (AP) — The stock market staged a huge rally Thursday after investors finally got the aggressive economic help they wanted from the Federal Reserve. The Dow Jones industrial average spiked almost 240 points.