September 14, 2009
Jesse Jackson Tells SC Bailout Hasn’t Created Jobs
The Rev. Jesse Jackson has told a South Carolina audience that the federal bailout has failed to create jobs in America. The Post and Courier of Charleston reported that Jackson spoke with church members before delivering the sermon at Charity Missionary Baptist Church in North Charleston on Sunday.
President Obama Warns Wall Street Againt High-Risk Behavior
President Barack Obama says he sees new signs of the kind of high-risk business behavior that nearly caused a financial meltdown a year ago and is warning Wall Street there won’t be another bailout.
July 31, 2009
U.S. House Of Representatives Votes To Restrict Wall Street Pay
The House has voted to restrict how Wall Street executives get paid after nine banks that took government aid rewarded thousands of their employees with bonuses topping $1 million each.
July 21, 2009
Coca-Cola 2nd-Quarter Profit Rises 43 Percent
Coca-Cola, the world’s largest beverage maker, says its second-quarter profit rose 43 percent even as sales fell, beating Wall Street expectations. The increase comes because last year’s quarter was dragged down by big restructuring charges and asset write-downs.
June 29, 2009
UPDATED: Bernard Madoff Sentenced To 150 Years In Prison
Bernard Madoff has been sentenced to 150 years in prison for his multibillion-dollar fraud scheme. U.S. District Judge Denny Chin handed down the sentenced in New York on Monday.
April 30, 2009
Optimism About US Economy Pushes Stocks Higher
Investors are finding more reason to hopeful about the economy. In a welcome surprise Thursday, the government said initial jobless claims fell last week. Economists had predicted an increase.
March 12, 2009
Emotionally-Charged Courtroom Applauds Decision To Jail Bernard Madoff
A New York judge had to rein in a courtroom packed with seething fraud victims during the hearing in which Bernard Madoff pleaded guilty to what may be Wall Street’s biggest ever scam.
Wall Street Rebounds After GE Rating Cut
Wall Street extended its rally into a third straight session as investors took in stride a cut in General Electric Co.‘s credit rating.
March 03, 2009
President Obama: Stock ‘Fits And Starts’ Are Normal Reaction
President Barack Obama is comparing the stock market to the daily tracking polls used during campaigns, saying that paying too close attention to Wall Street’s “fits and starts” could lead to bad long-term policy.
February 12, 2009
Coca-Cola 4th Quarter Profit Falls 18 Percent
The Coca-Cola Co. says its fourth-quarter profit fell 18 percent as it dealt with the global recession and volatility in the currency markets. But its adjusted earnings figure still beat Wall Street estimates and its case volume grew.
Coca-Cola 4th Quarter Profit Falls 18 Percent
The Coca-Cola Co. says its fourth-quarter profit fell 18 percent as it dealt with the global recession and volatility in the currency markets. But its adjusted earnings figure still beat Wall Street estimates and its case volume grew.
Retail Sales Up 1 Percent In January
U.S. retail sales jumped 1 percent in January, reversing a six-month declining trend and defying economists’ expectations by posting the biggest increase in 14 months.
January 30, 2009
Government Report Due Out Friday Expected To Paint Bleak Economic Picture
A crucial economic report is due out Friday from the government, and one expert predicts it will show a “bloodbath” for the economy. This comes as President Obama blasts the billions of dollars in bonuses given to wall street bankers last year. ABC News’ Viviana Hurtado is in Washington with the details.
January 20, 2009
Stocks Tumble On Fresh Worries About Banks
The dawn of the Obama presidency was not enough to shake Wall Street from its dejection over the banking industry’s growing problems.
December 11, 2008
Wall Street Cautious Amid Auto Bailout Worries
Wall Street adopted a cautious stance Thursday, leaving stocks with moderate declines as investors questioned whether a bill to rescue Detroit’s carmakers would pass the Senate.

