Author: FX_Trdr

German Chancellor Angela Merkel says she does not support a haircut for Greece’s debt, a day after Finance Minister Wolfgang Shaeuble told Greece to stop lobbying for debt forgiveness. Rough cut only, no reporter narration.

U.S. regulators are taking a deep look at automated trading firms to determine whether adequate risk controls are in place to prevent major technology glitches or at least minimize their impact.

Federal Reserve Chairman Ben Bernanke weighed into the contentious debate over the future of the housing finance system, saying some sort of backstop for mortgages was needed to protect the financial system in times of stress.

Federal Reserve Chairman Ben Bernanke weighed into the contentious debate over the future of the housing finance system, saying some sort of backstop for mortgages was needed to protect the financial system in times of stress.

Germany’s finance minister told Greeks to stop lobbying for more debt forgiveness during a visit to Athens that forced authorities to shut the city center and ban protests against the deeply unpopular champion of austerity.

Billionaire activist Carl Icahn renewed his call for Dell Inc stockholders to vote against a buyout offer from Michael Dell, amid reports that the company founder might not win enough support for his bid. Dell shareholders are scheduled to vote July 18th on a plan laid out by Michael Dell and private equity firm Silver Lake to take the No. 3 PC maker private in a $24.4 billion deal.

G20 summits do not always set the pulse racing, but this week’s gathering of finance ministers and central bankers in Moscow has a better chance than most of grabbing the attention of financial markets.

Yahoo just released its mixed Q2 earnings, and a few sentences may have given the answer everyone was waiting for ? yes, Yahoo still has plenty of cash to pursue more acquisitions. Evidence of this lies in the company’s share buyback program.

Senate Democrats came close to triggering the so-called nuclear option, but an 11th hour compromise appears at hand that will defuse the situation. (July 16)

U.S. stock futures are moving higher on strength in the financial sector. Volume is light for the second consecutive day, however, with markets awaiting testimony from the chairman of the U.S. Federal Reserve