Showing posts from May, 2011

Financial & Forex Info | Kitco Market Hourly Report

New York Market Close May 31/11 05:22 PM EDT Metals Bid Ask Change Low High Gold 1534.30 1535.30 -4.80 -0.31% 1531.60 1541.40 Silver 38.47 38.67 0.40 1.05% 37.79 38.92 Platinum 1831.00 1837.00 34.00 1.89% 1799.00 1841.00 Palladium 777.00 783.00 21.00 2.78% 757.00 789.00

Financial & Forex Info | Reuters - Daily Investor Upadte: Greece hopes buoy Wall Street but investors still wary

LATEST NEWS Greece hopes buoy Wall Street but investors still wary NEW YORK (Reuters) - Wall Street bulls took the upper hand with a 1 percent rally on Tuesday as hopes for a new plan to deal with Greece's debt crisis relieved some investor worry, but grim economic data suggested more hurdles ahead as the S&P 500 closed out its worth month since August. | Full Article Weak data point to sluggish economy May 31, 2011 03:52 PM ET NEW YORK (Reuters) - A double-dip in home prices, pessimistic consumers and a slowdown in regional manufacturing raised concerns on Tuesday that the economy's soft patch could become protracted. | Full Article Gas prices likely dampened May retail sales May 31, 2011 03:50 PM ET NEW YORK (Reuters) - U.S. retailers are expected to show a moderate increase in May sales, as high gas prices likely tempered consumer demand for summer clothing and other discretionary items. | Full Artic

The washington Post | Post Politics Afternoon Edition: The Take: Sarah Palin rewrites the rulebook

HEADLINES The Take: Sarah Palin rewrites the rulebook Sarah Palin continues to thumb her nose at political convention. But to what end? » Read full article 2chambers: Allen West: More defense spending needed An outspoken GOP House freshman is calling for more, not less, defense spending. » Read full article Supreme Court: Ashcroft can’t be sued over post-9/11 detention By a 5-3 vote, the court said the former attorney general did not violate the rights of an American Muslim who was never charged. » Read full article Obama picks former oil executive to head Commerce Department President Obama nominated former energy company executive John Bryson as his new commerce secretary Tuesday. » Read full article RNC takes back seat on redistricting The Republican State Leadership committee will fill much of the national committee’s traditional role. » Read full article

CBS NEWS | : Political Hotsheet Top Stories : Palin bus tour treats reporters like paparazzi

CBS Political CBS POLITICAL HOTSHEET TOP STORIES         Palin bus tour treats reporters like paparazzi Has decision not to tell media where she is headed become a "dangerous" cat and mouse game? Read full story Romney gives himself better than 50-50 odds The GOP presidential candidate and former governor calls Barack Obama a "failed" president Read full story Weiner hires lawyer after Twitter incident Democratic Congressman Anthony Weiner is considering civil or criminal charges after his Twitter account was allegedly hacked Read full story Palin: GOP 2012 field "gonna change up a lot" At a stop in Gettysburg, Sarah Palin promises "unconventional" campaign style...if she runs Read full story Obama to Joplin: There are heroes all around us President's remarks at Joplin, Mo., memorial service for tornado victims Read full story

MarketWatch | Personal Finance Daily: Sales data signal double-dip in housing

Personal Finance Daily MAY 31, 2011 Sales data signal double-dip in housing By MarketWatch Don't miss these top stories: Housing in double-dip decline as prices fall again First Take: Housing is still holding us back Say goodbye to the office cubicle Treating Medicare's ills — and yours Far from a real recovery, the U.S. housing market has entered a double-dip recession, as evidenced by data released Tuesday. U.S. home prices fell in March for the eighth straight month, and home prices in 20 major U.S. cities dropped 0.8% in March on a non–seasonally adjusted basis, according to the Case-Shiller home-price index released by Standard & Poor's. The data are new, but the story's been hanging over our heads for some time. In fact, MarketWatch real-estate columnist Amy Hoak wrote about the looming double dip in our spring home-buying and selling special report. Home for sale this spring? Better luck next year. MarketWatc

FDIC: Financial Institution Letter: Electronic Filing by Banks Reporting to the FDIC Under The Securities Exchange Act of 1934 and Part 335 of the FDIC's Regulations

Financial Institution Letter Electronic Filing by Banks Reporting to the FDIC Under The Securities Exchange Act of 1934 and Part 335 of the FDIC's Regulations Voluntary Transition Period for Publicly Owned FDIC-Supervised Banks FIL-40-2011 May 31, 2011 Summary: FDIC-supervised banks and associated parties are encouraged to use FDIC Connect to access an electronic filing system for Securities Exchange Act filings and submit periodic reports, proxy materials, other securities disclosure documents, and related correspondence to the FDIC. Publicly available securities disclosure documents filed via FDIC Connect generally will be immediately accessible on the FDIC's Web site. Statement of Applicability to Institutions under $1 Billion in Total Assets: With respect to electronic filing, this Financial Institution Letter applies only to FDIC-supervised banks, including community banks, that have a class of equity securities registered with the

MarketWatch | Market Pulse: U.S. home prices in double-dip recession after 0.8% March drop: Case-Shiller

WASHINGTON (MarketWatch) - - The prices of single-family homes in 20 major cities fell for the eighth straight month and confirmed that there is a double-dip in the housing market, according to the S&P/Case-Shiller home price index released Tuesday by Standard & Poor's. Home prices fell a non-seasonally adjusted 0.8% in March. Prices have moved down 3.6% in the past year. Home prices declined in 18 of the 20 metropolitan areas tracked by Case-Shiller in March compared with February. Washington D.C. and Seattle were the only markets where home prices increased in March.

The Washington Post Today's Opinions

Fred Hiatt Which Burma to engage? We can either deal with its brutal rulers or the forces working for democracy. Eugene Robinson Self-demolition derby Sarah Palin’s bus trip points up a big problem for the GOP’s 2012 field. Michael Gerson Rescuing Medicare Three things for the GOP to keep in mind if it wants to mend entitlements. Richard Cohen What sparks evil? Hard times don’t produce hardened criminals. Tom Toles Tom Toles cartoon Click on the image for the full-size cartoon Editorials The Dulles rail impasse Getting tough on Gitmo Mending state secrets

The Washington Post | Post Politics | News & Analysis: In N.C., GOP worries over 2012 and Obama

Top Stories In N.C., GOP worries over 2012 and Obama Amy Gardner If GOP activists in N.C. feel confident heading into the 2012 election season, you wouldn’t know it by what they’re doing and saying. The dynamics are on display elsewhere in the South, too. In N.H., Bachmann strongly hints at 2012 bid Campaign 2012: Who’s in and who’s out? Fix Faceoff: 2012 refresher course 11 a.m. Tuesday PostPolitics Headlines The protest candidate who’s rising to the occasion Revamping regulations to aid businesses House plans Tuesday vote on debt ceiling Study: Closing tax breaks for retirement would do little to help budget Earmark semantics Food safety advocates decry FDA cuts Excerpts from The Washington Post’s government site Obama tours ‘heartbreaking’ destruction in Mo. Palin rides in Rolling Thunder Credit unions and payday loans The Fix Following Sarah Palin’s bus tour Sarah Palin tours D.C. sites, avoids press 201 Fix

RTTNews Morning Market Briefing

Morning Market Briefing Commentary Stocks May Move Sharply Higher Amid Greek Bailout Optimism – U.S. Commentary With traders expressing optimism about further financial assistance for Greece, stocks are likely to show a strong move to the upside at the start of trading on Tuesday. The major index futures are currently pointing to a sharply higher open, with the Dow futures up by 96 points. The upward momentum for the markets comes amid reports regarding the likelihood of another round of financial aid for Greece, which has been struggling to deal with its massive debt burden. (May 31, 2011) Full Article Economic News Japan Industrial Output Adds 1.0% In April Industrial output in Japan was up 1.0 percent in April compared to the previous month, the Ministry of Economy, Trade and Industry said on Tuesday, continuing to reflect the results of the devastating earthquake and tsunami on March 11. (May 31, 2011) Full Article Moody's Puts Japan Bond Rating

Financial & Forex Info | Reuters - Before The Bell

LATEST NEWS Stock futures climb on Greece bailout hopes NEW YORK (Reuters) - U.S. stock index futures advanced on Tuesday as the euro rose against the dollar and commodity prices jumped on optimism that new aid for Greece from the European Union was in the offing. | Full Article Japan recovery takes hold, but debt downgrade looms May 31, 2011 06:57 AM ET TOKYO (Reuters) - Japan's economy offered more signs of recovery from the deadly March earthquake on Tuesday, but Moody's ratings agency warned both growth and government action may fall short of what is necessary to bring Tokyo's ballooning debt back under control. | Full Article Europe weighs options for new Greek package May 31, 2011 07:17 AM ET BERLIN (Reuters) - Europe stepped up efforts to draft a second bailout package for Greece on Tuesday, with private sector participation still seen as an option to help relieve the country of its massive debt burden. |