It seems Barclays is set to admit defeat in the battle for Dutch bank ABN AMRO, in light of a cash offer by rival Royal Bank of Scotland. Stephen Beard reports on a possible resolution.
This morning, the Nasdaq announced that it was buying the Boston Stock Exchange, one of the oldest regional exchanges. But after purchasing so many international exchanges this month, why Boston? Amy Scott explains.
For the first time since the credit crisis began, the Dow Jones Industrial Average surged past the 14,000-point mark to a new closing high. Bob Moon talked with market strategist Art Hogan about what the stock market is thinking.
According to Wall Street lore and superstitious brokers, September is the worst month for investors. Tess talks about the legend with David Wyss, chief economist for Standard and Poor's.
Relieving itself of the pain of high regulation fees, German aspirin maker Bayer left the New York Stock Exchange today. And Jill Barshay reports it's not the only European company to do so.
BP stock is tanking on a dreary third-quarter appraisal by the company's CEO. Stephen Beard in tells us why it's possible for an oil giant to do poorly right now.
The Fed interest rate cut gave a much-needed boost to the junk bond market, but investment banks still need to claw their way out of debt before they can celebrate. Amy Scott has more.
The Fed and it's Chairman Ben Bernanke showed Wall Street some love by cutting the key federal funds rate by a half a percentage point. Tess Vigeland talks with Peter Morici about what the rate cut may mean to the average consumer.
