Articles By Eleazar David Meléndez
From Global Markets Aug 21
There's an almost-daft energy over Wall Street at the moment as stocks keep to four-year highs, a trend that hasn't kept analysts from warning that the party is about to be over.
From Companies Aug 20
Exchange operator CME Group Inc. (Nasdaq:CME) is opening a hot new table in the global financial casino, pushed to set up a derivatives exchange in London by clients who can't be bothered to comply with U.S. law.
From Companies Aug 19
It may be surprising to many who believe that Wall Street and global finance are inherently malevolent that a century ago the public had a very similar perception of financial services, a notion that was channeled by editorial cartoonists in hard-hitting illustrations in magazines like Puck and newspapers like the New York Herald. These cartoons would be as fitting today as they were in 1912.
From Companies Aug 17
European investors looking to bet on risky derivatives will be able to use gold to back their trades, one of the Continent's major exchanges said Friday, a development that could both make the yellow precious metal a more valuable asset and foster the growth of derivative trading volume.
From Politics & Policy Aug 16
18 people were killed by South African police during a wildcat mining strike Thursday, in an episode that was captured entirely by TV news cameras and has stunned the nation, reminding many of not-too-distant days when police would shoot anti-apartheid protesters.
From Global Markets Aug 16
Trading in U.S. stocks has been going on at a snail's pace recently, a fact market-watchers are blaming on policy uncertainty, but could also be the result of investors fed up with the fragmented, unpredictable nature of the market.
From Economy Aug 16
China may have lost out in its mad dash to get the most gold at the London Olympics this summer, but the country is seemingly still running the race for gold where it counts, as it is currently in the process of bidding for a major African gold miner.
From Economy Aug 16
Two years after Federal Reserve Chairman Ben Bernanke announced plans for a massive second round of monetary stimulus at a yearly Fed summit in Jackson Hole, Wyo., market watchers are beginning to take odds on the chances that his speech at this year's Jackson Hole summit could produce a similar announcement.
From Companies Aug 15
Recent massacres where gunmen shot up public gatherings had Americans scrambling to buy more guns, so much so that Wall Street analysts are seeing little positive upside for gun manufacturers.
From Companies Aug 14
British Standard Chartered Bank, which had been accused by New York state's top banking regulator of engaging in illegal money laundering on behalf of Iranian clients in an explosive legal filing last week, settled charges by agreeing to pay a $340 million fine.