Financial Center Breaking News

Wall Street Week Ahead: Quest for the golden cross (Reuters)
Reuters - January has turned out strong for equities with just two trading days to go. If you're afraid to miss the ride, there's still time to jump in. You just might want to wear a neck brace.
Sat, 28 Jan 2012 00:59:18 GMT

Exclusive: Germany wants Greece to give up budget control (Reuters)
Reuters - Germany is pushing for Greece to relinquish control over its budget policy to European institutions as part of discussions over a second rescue package, a European source told Reuters on Friday.
Fri, 27 Jan 2012 23:59:45 GMT

Exiting watchdog sees flaws in SEC's rulewriting (Reuters)
Reuters - In his final act before departing the Securities and Exchange Commission on Friday, the agency's inspector general, David Kotz, criticized how the agency analyzes the economic impact of some of its Dodd-Frank rules.
Sat, 28 Jan 2012 03:30:33 GMT

Goldman, Berkshire names surface in Gupta case (Reuters)
Reuters - The names of a Goldman Sachs board member and a top executive of Berkshire Hathaway surfaced on Friday as potential witnesses in the insider trading trial of Rajat Gupta, a former director of Goldman, Procter & Gamble and other companies.
Sat, 28 Jan 2012 00:23:59 GMT

Citigroup cut investment bank bonuses by 30 percent: report (Reuters)

Reuters - Citigroup has cut bonuses for its investment banking division by about 30 percent on average, Bloomberg said, citing a person briefed on the matter.

Sat, 28 Jan 2012 01:23:14 GMT

SEC charges trader with hijacking accounts (Reuters)
Reuters - Securities regulators charged a Latvian trader with reaping more than $850,000 in illegal profits by hacking into online brokerage accounts and manipulating more than 100 securities.
Thu, 26 Jan 2012 21:54:46 GMT

Growth quickens, but speed bumps ahead (Reuters)

Reuters - The economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a rebuilding of stocks by businesses and slower business spending warned of weaker growth in early 2012.

Fri, 27 Jan 2012 21:48:06 GMT