New Delhi, May 19 (IANS) Small investors should not start trading directly in stock market as they don’t have adequate resources to take informed decision, chairman of the Securities and Exchange Board of India (SEBI) U.K. Sinha said Saturday.

President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $2 billion trading loss at JPMorgan underscored the need for such regulation. “We’ve got to finish the job of implem…

President Barack Obama says the big trading loss at JPMorgan Chase shows the need for Congress to put more teeth into Wall Street reforms intended to prevent the practices that led to the 2008 financial meltdown.

WASHINGTON (Reuters) – President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $2 billion trading loss at JPMorgan underscored the need for such regulation.

U.S. stocks fell on Friday after a sloppy debut by Facebook Inc spoiled hopes that a spectacular open for the most-anticipated stock sale in years would brighten the mood in what has been a gloomy month for equity markets. Shares of Facebook, the socia…

Washington, May 19 (ANI): The United States Securities and Exchange Commission (SEC) will look into the glitches in Nasdaq’s handling of Facebook’s Initial Public Offering (IPO), according to a report.

In the hours before Facebook’s stock began trading on the Nasdaq Stock Market for the first time, CEO Mark Zuckerberg reminded the company’s 3,500 employees not to get caught up in the hoopla surrounding its long-awaited initial public offering.

Facebook’s debut on the stock market was preceded by epic hype, delayed by a technical glitch and tracked minute-by-minute by investors around the world. In the end, the fuss was over a gain of 23 cents.

NEW YORK (Reuters) – Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case next week, even after the market posted its worst weekly loss for the year and the S&P fell for six straight sessions. With the c…

NEW YORK (Reuters) – Crude oil futures fell more than 1 percent on Friday, down for the sixth straight session, as worsening problems in Greece and Spain raised worries of contagion in the euro zone. Oil futures fell on the drumbeat from global stock m…

Some investors who thought they had bought Facebook shares at the opening of trading were left without knowing for hours whether they had received the shares.

___Facebook falls flat in public debutAfter all the hype, Facebook’s first day as a public company ended where it began.In its much-anticipated debut on the Nasdaq Stock Market, Facebook’s stock closed …

General Motors will not advertise during this year’s Super Bowl game, the automaker said Friday.

Facebook is the hottest Internet company to hit the stock market since Google went public in 2004. The Silicon Valley companies, located seven miles apart, also happen to be locked in a bitter battle for Web surfers’ allegiance and online advertisers’ …

The next deadline facing Congress to save the U.S. Postal Service is Aug. 1. That’s when the agency won’t have enough money to make a $5.5 billion payment to a retirement fund mandated by law.