Banks

Bank Failures On The Rise?!

SAN FRANCISCO — The continuing fallout from bad loans made in the good old days means even more U.S. banks will fail in 2010 than 2009, despite what some claim is a recovering economy.
That’s the prediction of bank analysts who see as many as 200 institutions closing this year, at a potential cost of more than $50 billion to taxpayers, [...]

Economy

Positive News Downplayed by Bank Taxes

NEW YORK – U.S. companies’ sales are expected to rise for the first time since the third quarter of 2008, but it may be too soon for investors to cheer the turnaround as proof the economy is about to take off.
The 7 percent estimated increase in fourth-quarter sales for corporations in the Standard & [...]

Stock Markets

DJIA10447.93  chart+127.83
NASDAQ2233.75  chart+33.74
S&P 5001104.51  chart+14.41
2010-09-03 16:02
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