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Market Recap: Europe Continues to Cramp Markets as Shoppers Turn Out for...
Markets closed down on Wall Street today: Dow 0.00%, S&P -0.27%, Nasdaq -0.75%, Oil +0.62%, Gold -0.61%. On the commodities front, Oil (NYSE:USO) climbed to $96.77 a barrel. Precious metals were...
View ArticleHungary Warned Against New Laws that Violate European Pacts
Late on Wednesday, Standard & Poor’s issued Hungary’s second credit rating downgrade to ‘junk’ in the last month, citing center-right government’s unpredictable policies and renewed meddling with...
View ArticleWhat’s Next in Wake of Puerto Rico Municipal Bond Crisis?
As some of Puerto Rico’s municipal bonds are slipping into “junk” territory and brokerage firms are warning their brokers to steer clear of about $70 billion of Puerto Rican debt on the market, the...
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