
Greece debt talks are heating up. Greece will be in default Tuesday if it doesn't reach an agreement with its creditors.
Should Greece default, the cash-strapped country is likely to exit the Eurozone. The ramifications will be felt worldwide.
By Diane Alter, Contributing Writer, Money Morning -
Greece debt talks are heating up. Greece will be in default Tuesday if it doesn't reach an agreement with its creditors.
Should Greece default, the cash-strapped country is likely to exit the Eurozone. The ramifications will be felt worldwide.
Here's what you need to know and how to play this critical situation.
By Diane Alter, Contributing Writer, Money Morning -
Greece debt talks are heating up. Greece will be in default Tuesday if it doesn't reach an agreement with its creditors.
Should Greece default, the cash-strapped country is likely to exit the Eurozone. The ramifications will be felt worldwide.
Here's what you need to know and how to play this critical situation.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
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...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Financial News Today: The Greek debt talks that have been playing out over the past week have pitted Germany against Greece.
Of course, there's a smattering of Eurozone finance ministers offering their voice to the meeting, but one player seems conspicuously absent from these talks.
We'll discuss that in a moment. But first, here's a roundup of the financial news today...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
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.
By David Zeiler, Associate Editor, Money Morning • @DavidGZeiler -
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.
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
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...
By Diane Alter, Contributing Writer, Money Morning -
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...
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
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)...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Top Financial News: The World Economic Forum kicked off today in Davos, Switzerland, and it's been grabbing headlines all across the financial press.
But the novelty of Davos wears thin quickly - it's a gathering of the world's economic elites yukking it up in one of the world's most expensive European resort towns.
By Diane Alter, Contributing Writer, Money Morning -
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...
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
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...
By Tara Clarke, Associate Editor, Money Morning • @TaraKateClarke -
We put together a roundup of the top 10 most important market-moving events that made investment news this week.
By Garrett Baldwin, Executive Producer, Money Morning -
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:
By Garrett Baldwin, Executive Producer, Money Morning -
Top Financial news today, June 24, 2014: U.S. stock markets dipped on Monday as corporate mergers continued to make headlines and the United States saw home sales rise for a second consecutive month. Last month, sales of previously owned homes increased by 4.9%, the fastest one-month gain since August 2011.
Here's the rest of the financial news to watch today:
By Garrett Baldwin, Executive Producer, Money Morning -
Top financial news today, June 18, 2014: The Dow Jones Industrial Average rose marginally on Tuesday despite a swath of disappointing data, including higher inflation and poor housing numbers. Wednesday is gearing up to be one of the busiest news days in recent months for the financial markets.
Here's the financial news you need to know to make today profitable: