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Fed buys $1 trillion of Treasury, mortgage assets
The US Federal Reserve, in a drastic new effort to keep the US financial sector afloat, said Wednesday it would buy up more than $1 trillion in Treasury and mortgage-backed securities.
Big News Network

Federal Reserve plan stuns investors
The Federal Reserve stunned investors by announcing plans to buy $300bn of US government debt, triggering a plunge in bond yields and the dollar
FT

Cooperative Bankshares gets cease-and-desist order from FDIC
Coastal lender Cooperative Bankshares has become the second Wilmington bank in as many months to face a cease-and-desist order from the Federal Deposit Insurance Corp.
Biz Journal

Asia markets mixed after Fed`s $1.2 trillion plan
HONG KONG (AP) -- Asian markets were mixed Thursday after the U.S. Federal Reserve announced a $1.2 trillion spending plan to revive growth in the world's largest economy. A jump in the yen hurt Japanese stocks, while Hong Kong's market was flat after surging the day before....
The Arizona Republic

Three Utah men charged in mortgage fraud scheme
Three Utah men have been charged in a $2.9 million mortgage scheme that allegedly took advantage of sloppy lending practices. Federal officials say the fraud is similar to other swindles that helped b...
Big News Network

FOREX-Dollar limps up from big plunge as Fed goes all out - Reuters
ReutersFOREX-Dollar limps up from big plunge as Fed goes all outReutersBy Masayuki Kitano TOKYO, March 19 (Reuters) - The dollar limped higher on Thursday after suffering its biggest daily plunge since 1985 as the Federal Reserve stunned investors by saying it would buy long-term Treasuries in an effective printing of ...Daily Forex Market Summary International Business TimesForex News and Rumors - Afternoon Update OANDA Forex BlogUS dollar down against euro ahead of FOMC decision AFPReutersall 3,203 news articles
Info 5000

US stocks surge on central bank
US stocks rallied Wednesday, posting their sixth gain in seven days after the Federal Reserve announced a new series of aggressive moves to shore up the US financial sector.
bignewsnetwork.com

Tokyo stocks unsettled; strong yen weighs on some exporters
HONG KONG (MarketWatch) -- Japanese stocks were unsettled Thursday as financials like Mitsubishi UFJ Financial Group extended gains, while exporters such as Sony Corp. dropped as the yen strengthened. The rise in financials came after the U.S. Federal Reserve said it would buy $300 billion of Treasury bonds to arrest a slide in the U.S. economy, but the dollar fell sharply against major currencies. The Nikkei was recently down 0.2% at 7,959.17, giving up early gains, while the broader Topix rose 0.3% at 767.28. South Korea's Kospi added 0.9%, New Zealand's NZX 50 gained 0.6% and Australia's S&P/ASX 200 rose 1.5%.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.
Market Watch

Madoff accountant hit with criminal charges
The accountant for Ponzi scheme mastermind Bernard Madoff has been charged with criminal fraud and faces a maximum of 105 years in federal prison, according to the U.S. Justice Department, citing court documents unsealed Wednesday.
Market Watch

Latest Fed report shows weakness in Louisville economy
The Burgundy Book, a monthly U.S. Federal Reserve Bank compilation of statistics and anecdotes that demonstrate economic trends in a region, says the Louisville region's economy "continues to be negative."
Biz Journal

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