0 results for 'Dow Jones Company'
Court's ruling on hedge-fund oversight is dangerous
THE WILD WEST of hedge funds lives on. Despite having great sway over financial markets, global economies and corporate decision-making, they still won't be regulated.That's because a federal appeals court overturned a rule that would have brought hedge funds under new supervision by the U.S. Securities and Exchange Commission.Righting a Wrong Against Writers
A federal judge has granted preliminary approval of an $18 million settlement in a class-action suit on behalf of thousands of freelance writers who sold literary works to newspapers and magazines and whose works later appeared in electronic databases without their consent.Fed aggressively cuts funds rate by three-fourths of a percentage point
WASHINGTON AP - The Federal Reserve on Tuesday slashed a key interest rate by three-fourths of a percentage point, moving aggressively to contain a credit crisis threatening to push the country into a severe recession.The latest action brought the federal funds rate - the interest that banks charge each other - down to 2.Economists see beginning of recovery
The U.S. economy may be on the cusp of a recovery and the impact of the nation's stimulus plan should increase this quarter, said Laura Tyson, an adviser to President Barack Obama. "We may have hit stability, we may be in the beginning of an upturn" based on the latest economic data, Tyson, a member of the White House's Economic Recovery Advisory Board, said Sunday during an interview in Kuala Lumpur.View more book results for the query "Dow Jones Company"
Existing home sales rise in Jan., prices keep falling
WASHINGTON AP - Sales of existinghomes rose in January by the largest amount in two years, raising hopes that the worst of the severe slump in housing may be coming to an end. Median home prices, however, fell for a sixth straight month.The National Association of Realtors reported Tuesday that sales of previously owned homes rose by 3 percent last month, the biggest one-month increase since a 3.Dutch Supreme Court Allows ABN Amro to Sell LaSalle Bank to Bank of America
ABN Amro's sale of its U.S. arm LaSalle Bank to Bank of America was lawful, the Dutch Supreme Court ruled Friday, overturning a lower court's blocking of the proposed $21 billion sale. It was not immediately clear how the ruling would affect the broader fight over all of ABN Amro Holding. Royal Bank of Scotland, which leads a consortium bidding on ABN Amro, had argued that the LaSalle sale should have been put to a shareholder vote, but the court said that shareholders' interests don't always come first.History shows Fed pause won't help stocks
INVESTORS OFTEN LIKE to dream of the perfect world, and their current vision has the Federal Reserve soon ending its two-year interest-rate tightening run and the stock market soaring afterward.But history argues otherwise. What the past has shown is that stocks tend to follow a more nightmarish path after the Fed pauses a rate-raising cycle.Written Pacts to Pay Real-Estate Brokerage Commissions
Clarence S. Barasch, a member of the Law Firm of Clarence S. Barasch & Lionel A. Barasch, writes that the rejection by the New York Legislature of a mini-statute of frauds requirement for an agreement to compensate a licensed real-estate broker is justified by the historical background of the statute from colonial New York times, its virtual repeal in England, and its out-of-focus expansion in the minority of the American states.Trending Stories
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