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Yellen Says Fed Far From Out of Policy Tools - CNBC

The Federal Reserve will use all of its tools, including unconventional policy measures, to support the U.S. economy and financial markets, Janet Yellen, president of the San Francisco Federal Reserve Bank, said on Sunday. In a bookend to an earlier ...

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Oil trims early loss on year's first trading day - MSN MoneyCentral

LONDON (Reuters) - The oil market kicked off 2009 feebly on Friday, falling nearly 8 percent before trimming back losses to around 1 percent once the U.S. market opened. U.S. light, sweet crude fell $0.40 to $44.20 a barrel by 9:37 a.m. EST ...

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Global stocks rise on first trading day of year - MSN MoneyCentral

LONDON (Reuters) - World stocks rose on the first trading day of the year after a dismal 2008, while the dollar gained. Crude oil and metal prices fell, as did government bonds. Global stocks as measured by the MSCI world index were up 0.5 percent ...

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Zacks Bull & Bear of the Day Highlights: China Mobile, St. Joe Co ... - Earthtimes

CHICAGO - (Business Wire) Zacks Equity Research picks China Mobile (NYSE: CHL ) as Bull of the Day and St. Joe Co. (NYSE: JOE ) as Bear of the Day. In addition, the analysts at Zacks Equity Research discuss the latest on Avis Budget Group (NYSE: CAR ...

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Oil falls in quiet trading to cap turbulent year - Caspar Star-Tribune

COLUMBUS, Ohio - Oil traded below $40 per barrel on the last day of 2008, quietly wrapping up what has been the most turbulent year ever in crude markets. In just five months, crude has given up four years of gains in a stunning collapse as the world ...

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Oil rises in quiet trading to cap turbulent year - Caspar Star-Tribune

COLUMBUS, Ohio - Oil prices jumped above $44 per barrel on the last day of 2008, wrapping up what has been the most turbulent year ever for crude markets in which crude gave up four years of gains in just five months. It may be a temporary spike. An ...

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IDCG Launches Clearinghouse for OTC Interest Rate Swaps - MSN MoneyCentral

NEW YORK, Jan. 6, 2009 (GLOBE NEWSWIRE) -- International Derivatives Clearing Group, LLC (IDCG), a majority owned, independently operated, subsidiary of The NASDAQ OMX Group, Inc.(sm), today announced the official launch of its clearinghouse. IDCG ...

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