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Bank of America to Reimburse Gay Couples for Higher Health-Care Taxes
The Bank of America is moving to equalize the cost of health care for same-sex couples on bank-sponsored health-care plans. Presently, the Defense of Marriage Act (DOMA) forbids the federal…
Dow Rebounds In Volatile Session As Fed Pledges To Keep Interest Rates Low
08/09/11 by LGR Financial News Staff After a volatile trading session, the Dow Jones industrial average closed up nearly 430 points Tuesday, on news the Federal Reserve has pledged to…
First Trading Day After US Credit Rating Downgrade: Dow Plunges 635 Points
08/08/11 by LGR Financial News Staff Investors bailed out of stocks and ran to the few “safe havens” left to them, as they responded to Standard & Poor’s decision to…
More on US Credit Rating Downgrade
05 August 2011 by Bridgette P. LaVictoire Credit rating agency Standard & Poor’s says it has downgraded the United States’ credit rating for the first time in the history of…
Wall Street Closes Worse Trading Week Since 2008 with Roller Coaster Ride
8/5/11 by LGR Financial News Staff During the market’s wildest day in recent memory, the Dow Jones industrial average swung 416.41 points from its session high of to its intraday…
Wall Street Snaps 8 Day Losing Streak
8-3-11 by LGR Financial News Staff Stocks edged narrowly higher Wednesday after initial deep losses, snapping an eight-day streak of losses. The trading day started with steep declines after reports…
Stocks Fall for 8th Straight Session on Recession Worries
8-02-11 by LGR Financial News Staff As leaders in Washington conclude their debt-ceiling political kabuki averting the potential economic disaster that would have come with the US government defaulting on…
US Stocks Decline Despite Debt Limit Deal
8-1-11 By LGR Financial News Staff U.S. stocks were down after the closing bell on Monday, as concerns about weak manufacturing data and worries that ratings firms could still downgrade…
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