SEC said that they are ready for the Fabrice Tourre trial. The U. S. Securities and Exchange Commission announced that they head to trial for the fraud case against the former Goldman Sachs bond trader, Fabrice Tourre.
Industry
Bonds rose after Bernake assurance
European government bonds advanced after Fed Chairman subdued issues concerning the US stimulus. Government bonds in Europe rose after US Federal Reserve Chairman Ben S.
Microsoft stocks takes biggest plunge since 2009
Microsoft stocks dropped 11%, the biggest since 2009. Microsoft Corp shares took their biggest plunge in more than 4 years by dropping at an astounding 11%.
Retailer inventories low for shopping season
Retailers are keeping their inventories low for the coming back to school season. Retailers are saying that with the back-to-school season at hand, also known as the second busiest selling season for the year, consumer spending is more conservative than ever before.
Emerging economies in fear of Fed and China slowdown
Emerging economies are set for a wake-up call as FED decisions and the China economy slowdown affects economic growth.
Latest News
US community health centers look forward to newly insured patients under the Affordable Care Act, also known as the Obamacare.
The Islamic holy month would again denote an increase in demand for goods and services as it lowers productivity and performance.
Apple's "grand vision" for the television might be skipping commercials altogether, tech analysts predict.
The South African sovereign debt rating remained unchanged after government efforts to control the mining industry succeeded.
The holy month of Muslim was expected to bring nine times higher stock returns in predominantly Muslim states.
150,000 guests attended Comic-Con's 44th annual pop-culture festival kicked off last Wednesday.
Politicians decided to boycott the Royal and Ancient Golf Club's British Open Championship due to men-only policy.
With the nearing premiere of Honey Boo Boo, analysts think that the reality show industry will grow lightly.
Private equity firms, Providence Equity Partners and ChrysCapital, reported that it may exit Idea Cellular and HCL Technologies respectively in the near future.
