The financial news today is abuzz with headlines about the Greek debt crisis.
The biggest development came with International Monetary Fund Managing Director Christine Lagarde being quoted as saying that "a Greek exit is a possibility," adding the IMF to the chorus of Greek creditors who have raising the stakes on a possible "Grexit."
The financial news today is abuzz with headlines about the Greek debt crisis.
The biggest development came with International Monetary Fund Managing Director Christine Lagarde being quoted as saying that "a Greek exit is a possibility," adding the IMF to the chorus of Greek creditors who have raising the stakes on a possible "Grexit."
But here's what's getting lost in that conversation...
Financial News Today: The Greek debt talks looked promising today (Tuesday) - for a little bit.
That was before conflicting reports and a German rebuttal pulled the rug out from under positive momentum.
But Greek debt talks are just the beginning. Here's what you need to know.
The January jobs report seemed like good news.
The U.S. Labor Department said 257,000 jobs were added to the economy. That easily beat the 230,000 numbers analysts had expected.
And yet unemployment ticked up to 5.7% from 5.6%. Money Morning Chief Investment Strategist Keith Fitz-Gerald sees the conflicting data in the jobs report as more proof the recovery is not the success President Barack Obama claims.
A Swiss bank leak of 30,000 accounts pin fraud and other illegal practices on HSBC Holdings Plc. (NYSE ADR: HSBC), the world's second-largest bank.
"It's banking - the business of banking. The bigger they are, the more corrupt they are," Money Morning Capital Wave Strategist Shah Gilani said Monday.
Leaked files reveal secret accounts and details of more than 100,000 clients from more than 200 countries around the world. Account holders include arms dealers, criminal blood diamond merchants, drug cartels, Hollywood elite, royalty, and "the heirs to some of Europe's biggest fortunes."
It's "the biggest banking leak in history," according to The Guardian.
Get the details of the leak - and its consequences - here...
Financial news today, Feb. 6, 2015: January's job report showed more jobs were added last month - but the reason isn't healthy...
The U.S. Labor Department reported Friday that 257,000 jobs were added last month. January's report capped the biggest three months of job gains in 17 years.
But of course these numbers were inflated. Here's what's behind the rise...
The European Central Bank (ECB) took a dramatic policy leap Thursday morning...
ECB President Mario Draghi launched a quantitative easing program (QE) that will pump hundreds of billions into Europe's economy.
Here's just what that means (and how it looks)...
Healthcare deals dominated the top financial news headlines Monday.
Healthcare was the most targeted sector in deal making last year. It reached its highest annual volume on record as early as Dec. 1 with $437.1 billion in deals.
And 2015 has started with a flurry of activity. Indeed, three of the four healthcare deals announced Monday were for $1 billion or more.
Here's a look at the sector's deal making that topped today's financial news headlines...
Eurozone Financial News: The euro is falling - so much so that it's trading at lows not seen since 2006.
It did gain somewhat as the day wore on. But in the morning, the euro hit a low of $1.1885.
Here's what has been moving the euro today...
Stock market news today, June 26, 2014: U.S. markets today (Thursday) opened after finishing in the green across the board in the last trading session - despite GDP figures that revealed the worst non-recession performance in four decades.
Here are the top stock market news stories today:
Stock market today, May 22, 2014: Yesterday (Wednesday), the Dow Jones Industrial Average closed with a triple digit jump after no surprises emerged from the U.S. Federal Reserve's April meeting minutes.
Here’s what you should know to make your Thursday profitable:
Financial news today, May 8, 2014: The Dow Jones Industrial Average jumped Wednesday after Fed Chair Janet Yellen told the Joint Economic Committee of Congress that the U.S. economy needed additional support to buffer the "considerable slack" in the labor market. Yellen also stressed risks in the housing market and rising geopolitical tensions.
This morning (Thursday), U.S. futures are flat on positive Chinese trade data and the anticipation of jobless claims.
Here’s what you need to know to make your Thursday profitable:
Today's financial news, May 2, 2014: This morning (Friday), the Bureau of Labor Statistics reported that the official U.S. unemployment rate fell from 6.7% to 6.3%, the largest single monthly drop since September of 2008.
U.S. markets were mixed on Thursday after a string of positive economic data improved the nation's outlook, despite higher weekly jobless claims.
Here’s what you need to know to make your Friday profitable.
