U.S. stocks jump amid mixed earnings
U.S. stocks ended sharply higher on Tuesday, led by financials, as investors digested a batch of mixed corporate earnings and economic data.
Oil jumps on Europe hopes
NEW YORK (Xinhua) — U.S. crude oil price jumped on Tuesday as investors were hoping that the ongoing discussion in Europe could lead to a plan that prevents Greece from default and eases the bloc’s debt crisis.
Canadian stocks tumble on global economic fears
TORONTO (Xinhua) — Canada’s benchmark stock index tumbled nearly 4 percent Thursday morning on global economic fears.
National Mortgage Complaint Center Warns About The US Residential Real Estate Market
The National Mortgage Complaint Center is warning of further US residential real estate valuation declines, based on new information related to US foreclosures. The group worries if the US residential real estate markets do not soon stop their declines, a second recession might be a optimistic thing.
Accountability in Banking
Success in business is measured primarily by the excess of revenues over expenses from the business operation that produces the net income. However, Investors and creditors will only determine the ultimate success of an entity upon liquidation. What do accountants do to provide investors and creditors an approximate financial status of the business? All transactions [...]
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