- Gas Prices Dented by a Drop in Summer Traffic
- Can Goldman Sach's Stolen Code Be Used to Manipulate the Markets?
- Dow Component Alcoa Kicks Off Lackluster Earnings Season With a Lower-Than-Expected Loss
Gas prices usually peak in the summer when millions of Americans hit the road for weekend getaways. This year, however, a surge in unemployment and a drop in summer traffic have kept prices at the pump in check. Gasoline prices are expected to average $2.49 a gallon nationwide from April to September, according to a […]
The financial-services industry is closely watching the mysterious case of Goldman Sachs Group Inc. (NYSE: GS) and its stolen code: a proprietary computer program that some think could be used to manipulate the financial markets. According to federal authorities, the program rapidly processes market developments and uses mathematical formulas to make lucrative automated trades. Former […]
Alcoa Inc. (NYSE: AA) reported a lower-than-expected second-quarter loss on Wednesday, the first in what is projected to be a lackluster season for U.S. corporate earnings. Alcoa reported a loss of $312 million, or 32 cents a share, well ahead of analysts’ estimates of a loss of 38 cents a share – but down from […]