A stock specialist watches prices on the floor of the New York Stock Exchange on Aug. 4, 2011, when the Dow Jones Industrial Average plunged 4.3 percent. (By Stan Honda/AFP)
Last week's news that Reuters sells early access to monthly consumer-confidence data to customers who use the statistics in high-frequency trading points to the danger of that trading, said Michael Gayed, chief investment strategist for Pension Partners. "For these high-frequency trading firms," the two-second advantage Reuters is giving to its customers is "a very negative thing," he told Newsmax TV. [Full Story]
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Obama: Bernanke Stayed at Fed 'Longer Than He Wanted'
President Barack Obama said Federal Reserve Chairman Ben Bernanke has stayed in his post "longer than he wanted," one of the clearest signals the central bank chief will leave when his current term expires next year.... [Full Story]

SEC's Analytics Chief: Most 'Flash Crashes' Due to Human Error

Concern that American stock markets have become more susceptible to [Full Story]

Wall Street Extends Rise; Investors See No Change in Fed Policy

U.S. stocks advanced for a second straight day on Tuesday as investors [Full Story]

Fed May Just Maintain Purchases, Says Chandler of Brown Brothers

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Report: Millionaires in North America Regain Top Rank

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Fiscal Times: Accountants, Lawyers Can Expect Big Obamacare Profits

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Finance News

Libor Commission: British Banking Needs 'Radical' Overhaul

Britain needs a "radical" overhaul of its scandal-hit banks, with reckless bankers facing jail and bonuses deferred for up to ten years, a government commission set up after the Libor scandal proposed in a final report on Wednesday. [Full Story]
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Economy

CBO: Senate Immigration Bill Would Boost Economy

A White House-backed immigration bill moving through the U.S. Senate would cut federal budget deficits over the long term and provide an overall boost to the economy, the Congressional Budget Office said. [Full Story]
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Companies

Dish Abandons Sprint Bid to Focus on Clearwire

Dish Network Corp. said on Tuesday that it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel and focus instead on its tender offer for Clearwire Corp. [Full Story]
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Markets

SEC's Analytics Chief: Most 'Flash Crashes' Due to Human Error

Concern that American stock markets have become more susceptible to split-second crashes due to computerization isn't supported by the data, a Securities and Exchange Commission official said. [Full Story]
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Investing & Analysis

Icahn Changes Tack, Seeks $16 Billion Dell Buyback

Activist investor Carl Icahn on Tuesday proposed a $16 billion share buyback in his latest effort to thwart Dell Inc. founder Michael Dell's effort to take the struggling computer maker private. [Full Story]
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Skousen: Financial Uncertainty Pushes Seniors Back Into Workforce
While the overall labor participation rate has slid in recent years, senior citizens are increasingly returning to the labor force, thanks to losses in their investment portfolios and financial uncertainty, says economist and author Mark Skousen.
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