AIG Board Won’t Sue U.S. Government Over Bailout

January 11, 2013, 2:35 am

The AIG board of directors will not follow or endorse a lawsuit against the U.S. government over financial assistance received during the 2008 financial crisis. The lawsuit is [...]

European Market Insight: Europe Down as Reality Reigns Supreme

October 16, 2012, 6:38 pm

The Nobel Peace Prize went to the EU for the six decades of stability it has fostered. Markets did not celebrate, however, due to sovereign debt concerns and related riots on [...]

One Year After US Loses AAA Rating

August 8, 2012, 12:41 pm

Something happened on Aug. 5 last year that not many people in the world of business and finance even thought was possible. The United States went from AA+ to AAA, citing [...]

Spain Suffers Worst as Europe Slides Back Into Danger Zone

July 22, 2012, 11:47 pm

Despite the seemingly good news of the approved bank bailout, the market sell-off signals that traders and investors do not believe that the initiative by the EU will work.

Aftermath of JPMorgan’s Multibillion-Dollar Loss

May 22, 2012, 10:23 pm

Two weeks after Jamie Dimon’s mea culpa unveiling of JPMorgan Chase & Co.’s $2 billion—and counting—trading loss, experts are divided on how to proceed to avoid such a [...]

Stocks Gain on Positive Retail Sales Report

November 15, 2011, 11:23 pm

NEW YORK—U.S. stocks rallied Tuesday, as better-than-expected economic news outweighed continued weakness in the eurozone. The Dow Jones Industrial Average gained 17 points, or 0.1 percent, while the S&P 500 jumped 6 points, or 0.5 percent. The technology-heavy Nasdaq Composite [...]

Credit Ratings Firms and Market Stability

August 16, 2011, 11:38 pm

Stocks have exhibited significant volatility after the ratings downgrade of U.S. sovereign debt by Standard & Poor's.

Stocks Plummet on Bank, Euro Debt Fears

August 10, 2011, 7:49 pm

Investors rushed to shed risk and drove the stock market down on Wednesday, with major indices around the world down substantially for the second session in three days.

Stock Market Tumbles as Selloff Intensifies

August 8, 2011, 9:47 pm

U.S. stocks were mired in a broad selloff on Monday as investors shed risky assets, sending the Dow Jones Industrial Average down by more than 634 points.

News Analysis: Little Changed After US Debt Downgrade

August 7, 2011, 10:49 pm

Last Friday's downgrade of U.S. long-term debt from AAA to AA+ by credit ratings firm Standard & Poor's may further unnerve investors.

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Selected Topics from The Epoch Times

Vladimir Borodin