Investing
J.P. Morgan Bullish on Commercial Real Estate
J.P. Morgan Chase & Co. reported that existing commercial real-estate loans rose 12 percent in the third quarter...
Chinese Government Blocks New Projects for Troubled Sectors
China’s State Council announced a production plan for specific national industries to take on the country’s chronic overcapacity...
U.S. Stocks Rise Near Record High Amid Progress in Debt Talks
U.S. stocks rebounded today and lifted the Standard & Poor’s 500 Index less than 1 percent from a...
Volatile S&P 500 Lands on a High Point
The S&P 500 Index closed at 1710.15, a gain of 0.4%, near a one-month high.
Safe-Haven Yen Rises against the Dollar
The yen’s liquidity makes it an attractive safe-haven currency for investors. Indeed, the dollar fell today 0.1%, to...
Alibaba to Transform Chinese Economy and Perhaps Spur Competitors
Internet retailer, Alibaba Group, is looking to drag the Chinese economy into the 21st century whether it wants...
U.S. Investors Scurrying for the Exit?
Both European shares and oil prices are being held in check today, victimized by the glacial movement of...
Legal Bills Wipe out JPMorgan Chase’s Profits
For the first time under the tenure of long-time CEO Jamie Dimon, JPMorgan Chase posted a loss in...
U.S. Regulators Probe Foreign Exchange Shenanigans
The Justice Department is investigating allegations of rate manipulation centered on the Swiss franc.
Back in the Driver’s Seat: U.S. Set to Displace Russia as Top Oil Producer
Already the world’s largest natural gas producer, the United States has becoming the world’s largest oil producer locked...