Wall Street – News Stories About Wall Street - Page 11

Comedian Roseanne Barr Advocates Guillotine on Wall Street

Oct 2, 2011 2:09 PM CDT

Bankers? Off With Their Heads: Roseanne

Comedian advocates the guillotine for Wall Street justice

(Newser) - Roseanne Barr really wants heads to roll on Wall Street, Real Clear Politics reports. Not only does the comedian, author, and Wall Street protester say guilty bankers should pay back earnings over $100 million, she wants a very sharp blade hanging over their heads: "If they are unable to...

Police Arrest Dozens After Wall Street Protest Chokes Brooklyn Bridge

Wall Street Protest
Snarls Brooklyn Bridge;
700 Arrested

UPDATED

Oct 1, 2011 8:36 PM CDT

Wall Street Protest Snarls Brooklyn Bridge; 700 Arrested

Occupy Wall Street demonstrators have biggest clash yet

(Newser) - New York City police say about 700 Occupy Wall Street protesters were arrested after they swarmed the Brooklyn Bridge and shut down a lane of traffic for several hours. Police say some demonstrators spilled onto the roadway after being told to stay on the pedestrian pathway. The majority of those...

Wall St. Protesters Charge
Pepper Spray Abuse

Sep 26, 2011 1:30 AM CDT

Wall St. Protesters Charge Pepper Spray Abuse

Four women corralled by cops sprayed in face

(Newser) - You just can't Mace people discreetly these days, given the ever-ready video cams and cells phones everywhere. Now Wall Street protesters are screaming pepper-spray abuse by New York cops, and emerging videos and photos of the weekend's confrontation between police and demonstrators appear to be backing them up....

80 Busted in
'Occupy Wall St.'

Sep 25, 2011 9:10 AM CDT

80 Busted in 'Occupy Wall St.'

NYPD cracks down on week-old protest

(Newser) - The NYPD was busily busting protesters yesterday, notching at least 80 arrests on the seventh day of protests known as "Occupy Wall Street," reports the Wall Street Journal . "On our march from Union Square the cops proceeded to use nets to round up people," said one...

Dow Tanks at Open

MARKETS

Sep 22, 2011 8:57 AM CDT

Dow Tanks at Open

Follows yesterday's trend, down more than 300 points

(Newser) - Should you need another reason to pack it in and go back to bed: After falling 284 points yesterday following the Fed's announcement of Operation Twist , which investors interpreted as yet another gloomy assessment of the economy, the Dow kicked off today by plunging even more—a lot more....

Protesters Descend on
Wall Street—and Don't Leave

Sep 19, 2011 5:05 AM CDT

Protesters Descend on Wall Street—and Don't Leave

Inspired by global demonstrations, they plan to stick around

(Newser) - Some 5,000 people gathered in New York's Financial District for a "Day of Rage" on Saturday, and though just a few hundred remain, those still protesting say they're planning to stick around, reports ABC News . The group, calling itself Occupy Wall Street , fell well short of...

Dow Opens Below 11K

MARKETS

Sep 6, 2011 8:55 AM CDT

Dow Opens Below 11K

Drops 270 points following European turmoil

(Newser) - While Americans ate corn on the cob and readied themselves for the premiere of the Real Housewives of Beverly Hills yesterday, Europeans took a beating, with stocks plunging . Investors came face-to-face with that turmoil on their return from the holiday weekend, and the results weren't pretty: The Dow opened...

Layoffs Rain Down
on Wall Street

Aug 22, 2011 2:47 AM CDT

Layoffs Rain Down on Wall Street

Financial industry victim of excessive boom-bust cycle: analysts

(Newser) - Wall Street's typical boom-bust excess means that the current round of cuts sweeping the banks and financial companies is even rougher than in other industries, trashing morale and harming client relationships just when those financial institutions can least afford it, reports Reuters . So far this year, Wall Street has...

Stocks Open Down on
Gloomy Germany News

MARKETS

Aug 16, 2011 8:50 AM CDT

Stocks Open Down on Gloomy Germany News

Dow down 105 points at open

(Newser) - Germany is bringing everyone down with it this morning: Stocks opened lower at the bell on news that Germany's GDP grew just 0.1% in Q2, sharply down from estimates of 0.5%. The Dow is down 105 points to 11,378, and the Nasdaq and S&P 500...

Stocks Bounce Back,
Dow Up 250+ Points

updated

Aug 11, 2011 10:54 AM CDT

Stocks Bounce Back, Dow Up 250+ Points

Pre-market trading was ... all over the place

(Newser) - What goes way, way down must come up? Stocks continued their climb throughout the morning, with the Dow gaining as much as 309 points on the news that jobless claims, which were expected to rise, decreased by 7,000 to 395,000, reports MarketWatch . The Dow is currently up 251...

Forget Yesterday's
Gains: Dow Down 400+

MARKETS

Aug 10, 2011 10:59 AM CDT

Forget Yesterday's Gains: Dow Down 400+

Underlying fears about the global economy weigh heavily

(Newser) - Moan. Here we go again. Yesterday's big gain was largely erased at the opening bell today—and was pretty much entirely erased by 11am EST—over fears about the global economy. The Dow fell as much as 446 points, and is currently down around 400 points. Nasdaq and the...

Stock Rally Stutters

Aug 10, 2011 4:38 AM CDT

Stock Rally Stutters

Falling futures mean we're not out of the woods

(Newser) - Global stocks were up early today following an uptick on Wall Street in the wake of the Fed's pledge to keep interest rates low. But it wasn't clear if the rebound would hold. Asia rates climbed and modest hikes marked Britain's FTSE 100 index (up .2%) and...

Three Busted in Naked
Wall Street Flash Mob

Aug 2, 2011 7:10 AM CDT

Three Busted in Naked Wall Street Flash Mob

Performance art intended to call for more transparent finance

(Newser) - For five surreal minutes yesterday morning, Wall Street looked like a nudist colony. At 7am, people all along the street whipped off their clothing, as part of a performance art piece called “Ocularpation: Wall Street.” Artist Zefrey Throwell tells the New York Times that the piece was intended...

Stocks Fall on Debt Fears

Jul 25, 2011 9:19 AM CDT

Stocks Fall on Debt Fears

Dow was down 101 points at open

(Newser) - Stocks are falling after congressional leaders failed to agree on a deal to raise the nation's debt limit to avoid default. At the opening bell today, the Dow Jones industrial average fell 101 points, or 0.8%, to 12,575. The Standard & Poor's 500 was down 12,...

Halliburton Earnings
Shoot Up 54%

Jul 18, 2011 8:50 AM CDT

Halliburton Earnings Shoot Up 54%

Oil giant credits strong demand

(Newser) - Halliburton says the expansion of oil and natural gas drilling in North America helped boost company earnings by nearly 54% in the second quarter. Revenue also hit a company record for the period. The Houston oil services giant reported earnings of $739 million, or 80 cents per share today, with...

Bernanke
Clarifies
Stimulus Talk,
Markets Tumble

Jul 14, 2011 1:50 PM CDT

Bernanke Clarifies Stimulus Talk, Markets Tumble

Fed isn't ready to take action soon

(Newser) - Wall Street semantics: Yesterday, Ben Bernanke appeared before Congress and mentioned the word "stimulus." His remarks were widely interpreted to mean that the Fed was poised to take action to bolster the economy, and the markets rose in response. Today, Bernanke resumed testimony and made clear the Fed...

Obama's Risky Soft Spot:
Ivy league White Guys

Frank Rich

Jul 5, 2011 12:53 PM CDT

Obama's Risky Soft Spot: Ivy league White Guys

Frank Rich: They're preventing him from going after Wall Street

(Newser) - Former Times columnist Frank Rich makes his debut in New York magazine today with a harsh assessment of President Obama's handling of the aftermath of the economic meltdown. Obama has been way too soft on Wall Street, argues Rich, who complains of a "stunning lack of accountability for...

Madoff: I'm a 'Human Piñata'

Jun 29, 2011 1:13 PM CDT

Madoff: I'm a 'Human Piñata'

Thinks he doesn't deserve to die in prison

(Newser) - There are probably at least a few former investors who wish this was literal: Bernie Madoff says the judge in his Ponzi scheme trial made him the "human piñata of Wall Street" when he dished out a 150-year sentence. Madoff tells the New York Times Judge Denny Chin'...

Goldman Axing US Staff, Hiring in Singapore

Jun 29, 2011 7:00 AM CDT

Goldman Axing US Staff, Hiring in Singapore

Move seen as bet against US economy

(Newser) - Goldman Sachs is planning a major hiring spree in Singapore, even as it prepares to slash its headcount in the US to cut costs. The financial giant is so worried about criticism over the job shift that it has taken the unusual step of notifying lawmakers about its hiring plans,...

Banks Duped
Credit Unions
Into Deadly
Bonds: Feds

Jun 21, 2011 4:41 AM CDT

Banks Duped Credit Unions Into Deadly Bonds: Feds

JP Morgan, Royal Bank knew investments were risky: suits

(Newser) - In one of the most aggressive such actions to date, the feds are suing two financial institutions for talking credit unions into bad-risk bonds that ended up destroying the companies. JP Morgan Chase and the Royal Bank of Scotland talked five credit unions into investing in $3 billion in mortgage...