Video
  • Save

Fed cut re-energizes Wall Street 1:11 Report

Aug. 17 - U.S. and European stocks moved higher after the Federal Reserve cut the discount rate in a step it hopes will ease a credit crunch.

Playing Next

Most Popular

More from Reuters

Photo

Obama accepts peace prize, says war sometimes justified

OSLO (Reuters) - President Barack Obama accepted the 2009 Nobel Peace Prize on Thursday, acknowledging the controversy over the choice of a wartime president and saying he reserved the right to take action to protect the United States. | Video

» More Top News
A crown in a file photo. REUTERS/File
Special Report:

No longer king of the hill

When times were good, hedge fund managers could do what they wanted and people still lined up for a piece of the action. What will the post-crash, post-Madoff, post-Galleon hedge fund universe look like?  Full Article 

Hedge Funds
A view of the Morgan Stanley headquarters building in New York's Times Square, October 20, 2009. REUTERS/Brendan McDermid

Wanted: Wall Street talent

Demand for executive talent is on the rise, but the looming bonus season may see a mass exodus to overseas rivals where pay caps are non-existent.  Full Article 

Executive compensation