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Latest Federal Reserve News-iBulletin

Fed’s Lockhart Says Circumstances Not Ripe for Easing

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The U.S. economy needs "measured" efforts to bolster growth, but the central bank should focus on improving its communications because circumstances do not warrant further bond buying at this time, a top Federal Reserve official said on Monday.
 

Money In Motion, May 18, 2012

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A detailed look at currency trading, with CNBC's Brian Sullivan and the Money In Motion traders.
 

Did Tim Geithner Just Tell Jamie Dimon to Resign From the Fed?

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Treasury Secretary Tim Geithner appeared on PBS NewsHour Thursday night. Jeffrey Brown asked him whether JPMorgan Chase spacer CEO Jamie Dimon should resign from the board of the Fed.  Here’s the answer.
 

Senate Confirms Final Two Fed Nominees

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The Senate voted 70-24 on Thursday to confirm Harvard economist Jeremy Stein and 74-21 to confirm investment banker Jerome Powell.
 

Halftime Final Trade: eBay, Ultra Petroleum & More

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The FMHR traders share their final trades of the hour.
 
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Yahoo Stock Quote

 
 ^IXIC^GSPC^FTSE
Date 5/21/20125/21/20125/21/2012
Time 5:30pm ET4:32pm ET11:35am ET
Trade 2,847.211,315.995,304.48
Change 68.4220.77-33.90
% Chg 2.46%1.60%-0.64%
Open 2,782.551,295.735,267.62
High 2,848.831,316.395,324.36
Low 2,774.761,295.735,253.92
Volume 0622,745,3440
Intraday 
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Former Guatemala dictator to face massacre charges

GUATEMALA CITY (Reuters) - Former Guatemalan dictator Efrain Rios Montt will face a second trial on genocide charges after a judge ruled on Monday he could be prosecuted for ordering a 1982 massacre t...
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Colombia prostitution scandal sparks investigation of U.S. DEA staff

WASHINGTON (Reuters) - A prostitution scandal in Colombia involving U.S. Secret Service and military personnel ahead of a presidential visit has spawned a separate investigation into the behavior of D...
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China targets infrastructure to lift economy, report says

SHANGHAI (Reuters) - China will fast track approvals for infrastructure investment to combat a slowdown in the economy, a state-backed newspaper reported on Tuesday, underlining a call by Premier Wen ...
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Garnett calls out Sixers fans - Boston Herald


AFP

Garnett calls out Sixers fans
Boston Herald
By Mark Murphy / Celtics Notebook What started as an ode from Kevin Garnett to the Garden fans ended as another reason for 76ers fans to hate the Celtics [...
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JPMorgan's Dimon: Losing trades were 'isolated event'

JPMorgan Chase's multibillion trading loss will be forgotten before the year is through, Chief Executive Jamie Dimon predicted Monday at the Deutsche Bank Global Financial Services Investor Conference...
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Why is Jamie Dimon on a Federal Reserve board?

Is there a conflict of interest when bankers like JPMorgan Chase CEO Jamie Dimon serve on the board of the same institution that regulates them?
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China tariffs could slam U.S. solar panel firms

A move designed to punish Chinese solar panel makers that charge unfairly low prices in the U.S. could, ironically, end up hurting American-based solar panel installers, a fast-growing sector of the g...
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Euro Firm Ahead of EU Summit, Tackles Resistance

The euro held firm on Tuesday as market players reduced their bets against it, taking note of the chances that Wednesday's informal meeting of European leaders may produce measures to bolster investor...
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Stocks Bouncing Back From Oversold Positions

Stocks are rebounding from an oversold condition, and the debate among traders is whether it’s just a quick relief rally or the start of a new move higher.
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Cramer: Tuesday's Key Earnings

The “Mad Money” host details his “Game Plan.”
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Last Call: Facebook Finger Pointing in Full Bloom

On its second day of trading facebook falls 11 percent as FINRA says the will investigate the IPO. Altria introduces a nicotine lozenge and Apple remains the most valuable brand according to a recent ...
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Mortgage Rates Rise Slightly From Friday's All-Time Lows

Mortgage Rates  rose very slightly from Friday's new all-time lows.  There were no major market moving events for interest rates today.  Instead, we seem to be seeing a sort of 'leveling ...

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Unlikely to see QE3

David Kotok, Chairman & CIO, Cumberland Advisors says we're unlikely to see QE3 in U.S. but we may see a very large action from the ECB.
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Asia Needs Fiscal Stimulus Instead of Monetary Stimulus

Frederic Neumann, MD & Co-Head of Asian Economics Research, HSBC says Asia needs fiscal stimulus rather than monetary stimulus to cushion the blow from EU crisis.
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The Hongkong and Shanghai Hotels' Business Strategy

Clement Kwok, Managing Director and Chief Executive Officer, The Hongkong and Shanghai Hotels, Limited, says the company wants to be an owner and operator of hotels, not just a brand manager. He also ...
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Fed’s Lockhart Says Circumstances Not Ripe for Easing

The U.S. economy needs "measured" efforts to bolster growth, but the central bank should focus on improving its communications because circumstances do not warrant further bond buying at this time, a ...
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Hedge Fund Elite: What Our 'Best Ideas' Are Now

Once a year, top hedge fund managers get together at a charitable event and share their "best ideas" with hundreds of wealthy investors who pay thousands of dollars to rub shoulders with them.
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A riskier bet on Macau's casinos

May 22 - China's weaker economic activity is taking its toll on Asia's gambling Mecca of Macau, which is likely to see a steep slowdown in May gaming revenue growth, analysts say.
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Pouch.com

If you’re looking for a purse that can keep up with your busy, non-stop life, the iPurse is the purse. Women are busier now than they’ve ever been before, pursuing more education, careers and bal...
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Take your fashion quotient to zenith with iPurse Pouch

The modern woman has needs that can only be met by modern and chic things. For instance, just imagine an active working woman carrying a big tote bag or a young lady hitting the bar sporting an old, c...

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