Treasury bond market could be subject to Federal Reserve 'twist' – selling short-term securities to buy long-term ones. The treasury bond market move could lower mortgage rates – or stoke inflation.
Five central banks take steps to funnel cash to eurozone commercial banks by year's end. Their aim? Avert a funding freeze – and perhaps another global banking crisis tied to bad debt.
The Venezuelan president announced plans to nationalize his country's gold industry and move Venezuela's reserves out of Western banks and into the banks of more friendly nations.
European credibility seems to be the issue. Investors are increasingly edgy over whether EU policymakers can agree on how to ease the debt crisis.
Wealthy individuals in the Middle East shifted money and assets away from the region to safe havens elsewhere, sometimes in the form of diamonds
After rising more than 75 points on Tuesday, the Dow dropped 130 points on Wednesday
Interest rates were supposed to be kept low by the Federal Reserve's bond-buying program. Ben Bernanke will meet with the press on Wednesday, and investors will listen for clues about when the Fed might change its policy with interest rates.
Bank of England interest rate increases may cause some employers to act irrationally, by raising wages to help workers with higher mortgages. But most employers wouldn't.
Dow rises 23 points to close at highest level in 34 months. But stocks on Nasdaq edge down.