  | | | Wall Street ends up on U.S. data | | NEW YORK (Reuters) - Stocks rose on Tuesday, recovering some ground from last week's selloff as investor angst about the euro zone's fiscal crisis was overshadowed by data showing the U.S. services sector grew slightly faster than expected in May. | | |  | | | Two Fed officials cool to policy changes | | St. LOUIS (Reuters) - The U.S. economic outlook has not deteriorated to the point that a further easing of monetary policy is warranted, two top Fed officials said on Tuesday, suggesting the U.S. central bank is not gearing up for action at its upcoming meeting on June 19-20. | | | |  | | | Spain says credit markets closing its door, G7 takes no action | | MADRID/TOKYO (Reuters) - Spain said on Tuesday that credit markets were closing to the euro zone's fourth biggest economy as finance chiefs of the Group of Seven major economies conferred on the currency bloc's worsening debt crisis but took no joint action. | | | |  | | | Barclays may recover Lehman-linked assets: ruling | | (Reuters) - Barclays Plc is entitled to recover roughly $1.8 billion of disputed assets and interest related to Lehman Brothers Holdings Inc's bankruptcy, a U.S. federal judge said, reversing a decision by a federal bankruptcy judge. | | | |  | | | Euro zone in decline, U.S. and China gain | | LONDON/NEW YORK (Reuters) - All of the euro zone's major economies are now in various states of decline, according to business surveys that heaped more pressure on Europe's leaders to stop the region becoming the center of a new global crisis. | | | |  | | | Morgan Stanley to pay $5 million to settle CFTC case | | WASHINGTON (Reuters) - Morgan Stanley agreed to pay $5 million to settle charges brought by the Commodity Futures Trading Commission that it executed unlawful noncompetitive trades, the agency said on Tuesday. | | | |  | | | Baby steps to EU bank union come too late for crisis | | BRUSSELS (Reuters) - The European Commission will propose far-reaching powers for regulators to deal with failing banks on Wednesday, a step towards the banking union the European Central Bank has demanded to secure the euro's future. | | | |  | | | Italy prosecutors probe S&P in New York: source | | MILAN (Reuters) - Italian prosecutors have probed Standard & Poor's headquarters in New York for alleged market manipulation in a investigation over the credit-rating agency's downgrades of Italy, a legal source said on Tuesday. | | | |  |  | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | |  | |  | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | | » MORE NEWSLETTERS | |
No comments:
Post a Comment