Monday, June 13, 2011
By Brigid Bergin : Reporter
Close to 8,000 triathletes call New York City home. That's more than double the number there were just five years ago, according to USA Triathlon, the sport's national membership organization. The sport is getting another boost this week when registration opens Wednesday at noon for the 2012 Ironman U.S. Championship, being held for the first time here in New York City and New Jersey. For coach Scott Willett, the growth of the sport means the growth of his business.
Wednesday, February 09, 2011
The Obama administration is calling for a gradual phase-out of Fannie Mae and Freddie Mac. We'll talk about the future of the two companies that hold about half of all U.S. mortgages.
Tuesday, February 01, 2011
A positive report on factory activity sent markets sharply higher today. The Institute for Supply Management says its index has hit its highest level since 2004. Firms surveyed by the ISM said January brought a growing backlog of orders.
Monday, January 31, 2011
A humongous Chinese bank seeks to buy a little, local New York City bank. We'll talk about what it means, and why the move is causing disagreement.
Wednesday, January 26, 2011
World leaders and CEOs, along with academic superstars, are gathering once again in Davos, Switzerland, for the World Economic Forum. It's an exclusive — and expensive — five-day retreat where the global elite debate and discuss the future of the global economy as it continues its recovery from the recent financial crisis.
Friday, January 21, 2011
President Barack Obama was in Schenectedy Friday to tour a General Electric steam turbine plant. The plant is a rarity in the U.S. manufacturing sector — it's expanding. The president recommitted himself to more of those kinds of results in the year to come.
Thursday, January 20, 2011
For months, there have been rumblings about states on the brink of insolvency. On today's Financial 411, an alternative view: one study suggests most states' fiscal problems are manageable.
Tuesday, January 18, 2011
It's been six months since President Barack Obama signed the most sweeping financial reform bill in generations. We'll talk about what's changed since then, on today's Financial 411.
Monday, September 13, 2010
Investors were cheered by new global banking rules, positive economic data from China and some acquisitions. The Dow jumped 81 points, to close at 10,544. The S&P 500 rose 12 points, to 1,122, and the Nasdaq improved by 43 points, to 2,286. Banking shares got a boost after central bankers addressed issues of bank reform at a weekend meeting in Basel, Switzerland.