Market News
Investors Shrugging Off 'Washington Whiplash'
Wall Street Journal - 19 Oct 2013 02:53
Even as investors resign themselves to the possibility of another debt-ceiling fight early next year, many say the market has become largely inoculated to the dysfunction on Capitol Hill.
JPMorgan May End Up Paying Record $13B, Criminal Charges Still Loom
Forbes - 19 Oct 2013 21:57Lorenzo hits seagull, sets new lap record
CNN - 19 Oct 2013 19:32
MotoGP world champion Jorge Lorenzo overcomes a collision with a seagull to set a lap record in qualifying for Sunday's Australian Grand Prix, but will face a new challenge in the race itself.
S&P breaks record, Google's stock tops $1,000 on earnings
livemint.com - 19 Oct 2013 13:02Gold recovers on retail buying; silver falls
livemint.com - 19 Oct 2013 12:59Banks Probe Auto Dealers' Loan Practices
Wall Street Journal - 19 Oct 2013 05:19
Under pressure from a federal regulator, big banks are demanding that auto dealers prove their loan practices don't violate lending-discrimination laws, reigniting a struggle over regulation of the $783 billion auto loan...
Gorman's Strategy Pays Off for Morgan Stanley
Wall Street Journal - 19 Oct 2013 05:18
Morgan Stanley swung to a third-quarter profit, solidly beating analyst estimates, as strong results in the company's wealth management business helped offset a slump in fixed-income trading revenue.
Banks Are Facing a Profit Squeeze
Wall Street Journal - 19 Oct 2013 03:43
The nation's biggest banks are getting squeezed from almost every direction, quarterly reports show, from slumping mortgage demand to a sluggish economy and tumultuous bond markets.
A 'Grand' Moment for Google
Wall Street Journal - 19 Oct 2013 03:04
The mobile Internet appears to be helping, rather than hurting, Google's lucrative advertising machine, easing investor worries and propelling its shares past $1,000.