Market News
S&P 500 Index Soars To Within A Mere 5 Points Of All-Time Record
IBTimes - 20 Dec 2014 01:31
U.S. stocks closed higher Friday, completing three straight days of gains, as the S&P 500 Index jumped to its biggest weekly gain in nearly two years. The S&P 500 came within a mere 5 points of breaking its record closin...
As US-Cuba Ties Open, Cuban Cigars May Disrupt Global Market
IBTimes - 20 Dec 2014 22:31
While American cigar aficionados are hailing a series of measures designed to build economic and political ties between the U.S. and Cuba for giving them a chance to get their hands on coveted brands such as Montecristo ...
Government Guarantees Encourage Banks To Take More Risks, Not Lend Money, Study Finds
IBTimes - 20 Dec 2014 22:31
Government guarantees lead not to more lending but to more risk-taking by banks, according to a new research study of more than 2,200 financial institutions around the world. Dulani Jayasuriya, a candidate for a doctorat...