Topic: Goldman Sachs Group Inc.
The Dow closed down 634 points, the S&P 500 lost 79 points, and the Nasdaq ended 174 points lower. For every stock that rose at the New York Stock Exchange, more than 69 fell.
08/08/2011 05:42 pm
Today is the first day that most stock exchanges have been open since ratings agency Standard & Poor's announced its US credit downgrade from a AAA rating to AA+. Here’s how world markets have responded so far:
08/08/2011 01:33 pm
Crude oil prices dropped more than $3 a barrel on Monday to about $83. The drop brings crude oil prices down more than $30 since May.
08/08/2011 10:48 am
Raising the debt ceiling may not be enough to keep rating firms from downgrading US credit from its coveted 'triple-A' rating. What would a downgrade mean for the US economy?
08/02/2011 02:36 pm
HSBC layoffs will take effect by 2013. The HSBC layoffs come as the banking group shifts its focus to emerging markets around the globe.
08/01/2011 12:53 pm
Credit ratings aren't the only determinant of interest rates. AA-ranked Japan pays lower interest rates than any AAA-ranked nation. So what makes the difference?
07/28/2011 08:35 pm
Stocks add to gains after press briefing by president. With a surge of 200 points before falling back, Dow having its best day in three months as investors pile into stocks.
07/19/2011 03:45 pm
Zynga is expected to sell $1.5 billion to $2 billion of its stock to the public as early as this fall. Zynga created Farmville and other popular online games.
06/30/2011 09:50 am
If Fannie Mae and other agencies sold their more than 1 million distressed or foreclosed homes, it would glut the market. But it could rent them.
06/26/2011 07:00 am
Gas prices have come down an average 38 cents a gallon in the past seven weeks. Gas prices could fall another 25 cents by mid-July.
06/25/2011 11:49 pm