Soros Fund Management has increased its bearish bet against US companies on the S&P 500 index. Its billionaire owner will make money if the index collapses. The Standard & Poor’s 500 is an American stock market index based on market capitalization of 500 large US companies having common stock listed on the New York Stock Exchange or on NASDAQ. The 86-year-old investor’s fund has reported... 

The New York Stock Exchange (NYSE) is preparing contingency plans wherein computers will replace outcry auctioning in case another disaster, such as terrorism or severe weather, forces the closure of trading in downtown Manhattan. NYSE Euronext is preparing to submit details of the plan, which would permit computers to take securities to market just as human traders have done on Wall Street for the... 

Zuccotti Park is a block away from the New York Stock Exchange a usually quiet location, however for the past week it has transformed into the headquarters of “Occupy Wall Street”, the site of demonstrations calling on the US government to break its close ties with big banks and corporations. The Protests have turned into what can be best described as anti-capitalist demonstrations attracting...