business - "market"

What in the world is going on here? Why is Washington spending billions to bail out wall street titans while leaving struggling homeowners to fend for themselves? Why are the Federal Reserve and the Treasury acting as if they're afraid the world may come to an end, while the stock market seems much less concerned? And finally, what does all this mean to those of us who aren't financial professionals?

SAN FRANCISCO (MarketWatch) -- Alphonso Jackson, the Bush administration's secretary of Housing and Urban Development who has drawn criticism from members of Congress for alleged cronyism and favoritism, is expected to announce his resignation Monday, according to a media report.

Efforts to reform the Bombay Stock Exchange, India's second largest equities market, could result in an IPO or a direct listing as it seeks to raise its global profile

The financial sector endured a painful first quarter of 2008, with higher operating costs and a sharp fall in profitability, and gave a gloomy outlook of rising borrowing costs and job cuts for the coming six months.Almost 50 per cent of the companies questioned for the CBI’s financial services survey, carried out in conjunction with PricewaterhouseCoopers, reported a fall in business volumes that was worse than expected. Close to 20 per cent said that profitability was down, while 25 per cent had cut jobs during the quarter. Employment expectations for the coming three months were the bleakest since December 2002.The Bank of England has been providing an extra £5 billion each week at its cash auctions for Britain’s banks, but Ian McCafferty, the CBI’s chief economic adviser, said that this would not solve the fundamental problem of the lack of trust in the financial markets that was plaguing companies. As a result, banks had refused to lend to eac

LAFAYETTE, IN (MARKET WIRE) Wabash National Corporation (NYSE: WNC) today announced that the company has been accepted as a member of Indiana's Environmental Stewardship Program. Wabash National joins a select group of facilities across Indiana with such an accomplishment in environmental excellence.

Stock markets finished their worst quarter in more than five years with further losses as investors continued to favour less risky assets

SAN FRANCISCO (MarketWatch) -- BMC Software Inc. said late Monday the antitrust waiting period for its acquisition of BladeLogic Inc. has ended early. Earlier in the month, BMC offered $28 a share for BladeLogic in a deal valued at about $800 million.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Wall street stocks rose, breaking a four day losing streak as markets broadly welcomed the US Treasury's plans to shake up the regulatory framework of the American financial system

U.S. stocks gained on Monday as a report showing stronger-than-expected Midwestern business activity eased worries about the economy and a plan for regulatory overhaul raised hopes for calmer financial markets.

Uniting regulatory agencies will test ex-Goldman head's deal-making skills