Sunday, November 4, 2012

U.S. stocks rally on bank earnings

MARKETWATCH FRONT PAGE

U.S. stock indexes rebound from the market�s longest decline since May, with bank shares rallying after J.P. Morgan Chase & Co. reported a $5 billion profit in the second quarter. See full story.

How 2012�s top money ideas have fared so far

As 2012 began, investors were encouraged to stick with defensive, dividend-paying U.S. stocks. Those strategies are paying off so far this year. See full story.

New York Fed knew of Libor cheating in 2008

The New York Fed was told by an unidentified Barclays employee that the bank was submitting false Libor reports in April 2008, and regulators in Washington and Britain were quickly informed. See full story.

Peregrine CEO arrested on fraud charges

Russell Wasendorf, the head of failed futures broker Peregrine Financial Group Inc., was arrested on Friday and charged with making false statements to the Commodity Futures Trading Commission, according to reports. See full story.

PFGBest debacle riles commodity futures industry

Commodity traders have seen their fair share of action this year, but now must also face growing concerns over the integrity of futures trading in the wake of the latest regulatory investigation. See full story.

MARKETWATCH COMMENTARY

Why has the New York Times failed to find a successor to the previous CEO in seven months? asks media columnist Jon Friedman See full story.

MARKETWATCH PERSONAL FINANCE

It�s a situation that seems to defy supply-and-demand logic: If there�s more demand in the housing market, wouldn�t the cost of borrowing funds to buy a home be significantly on the rise? See full story.

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