JPMorgan scores big $3.6 billion in latest quarter: JPMorgan Chase, the first in a series of big banks due to report this week, said it it earned $3.6 billion during the third quarter, or 82 cents a share.
Goldman Sachs average pay and bonus to hit £500,000: The age of the City mega-bonus returned today after investment bank Goldman Sachs unveiled £2?billion profits.
Geithner Aides Reaped Millions Working for Banks, Hedge Funds: Some of Treasury Secretary Timothy Geithner’s closest aides, none of whom faced Senate confirmation, earned millions of dollars a year working for Goldman Sachs Group Inc., Citigroup Inc. and other Wall Street firms, according to financial disclosure forms.
Gold Heading to $3000 Unless America Hits the "Reset" Button, Tice Says: Gold will hit at least $3000 per ounce before the current rally ends says Tice, Federated's chief portfolio strategist for bear markets. The forecast falls roughly in between Peter Schiff's $5000 per ounce call and Jimmy Rogers' forecast of $2000.
Obama Dollar Retreats Most Against Commodities in Wealth Shift: President Barack Obama’s effort to lead the world economic recovery by spending the U.S. out of its recession is undermining the dollar, triggering record commodities rallies as investors scour the globe for hard assets.
Bleak U.S. job market boosts military recruitment: Aided by a bleak job market, the U.S. military met all of its recruitment goals in the past year for the first time since it became an all-volunteer force in 1973, the Pentagon said on Tuesday.
Record Numbers Of Homeless In NYC: According To Coalition For The Homeless, More Than 16,000 Children Were In Shelters By End Of September
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