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Banks back Democrats in bid to rebuild bipartisan support
WASHINGTON (Reuters) - Banks are going to bat for Democrats in the U.S. November midterm congressional elections as part of an ambitious strategy to rebuild the bipartisan support they enjoyed before the 2007-2009 financial crisis.
U.S. stock markets closed as storm hobbles New York
NEW YORK (Reuters) - U.S. stock and options markets will be closed on Monday, and possibly Tuesday, as regulators, exchanges and brokers worry about the integrity of markets and the safety of employees in the face of Hurricane Sandy.
Wall Street makes plans to open Monday even as Sandy bears down
NEW YORK (Reuters) - U.S. stock exchanges and Wall Street banks are sending employees into Manhattan on Sunday to stay in hotels and coworkers' homes, as markets prepare to open for business on Monday even as Hurricane Sandy brings public transportation to a halt.
Wall Street makes plans to open Monday even as Sandy bears down
NEW YORK (Reuters) - New York-based stock exchanges are sending officials into Manhattan on Sunday to stay in hotels and coworkers' homes as the NYSE and Nasdaq prepare to open for business on Monday, even as Hurricane Sandy closes off public transportation links.
There’s more to the oil frenzy than Iran’s antics
ONE day Iran’s President Mahmoud Ahmadinejad gets the rap for surging oil prices; the next day an improving global economy gets the credit for it. There’s some truth to both these explanations, though neither tells the full story.
Wall Street plans to open Monday, as Sandy bears down
NEW YORK (Reuters) - U.S. stock exchanges and Wall Street banks sent crucial employees into Manhattan to stay in hotels and coworkers' homes, preparing to open for business on Monday with at least skeletal staff as Hurricane Sandy threatened to halt mass transit.
Wall Street to open Monday as storm hobbles New York
NEW YORK (Reuters) - Wall Street firms prepared to open for business on Monday at least with skeletal staff, booking hotel rooms for key employees and leaning on offices in other cities as Hurricane Sandy forced the New York mass transit system to shut down, leaving tens of thousands of employees stuck at home.