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More Global Cuts in Financial Sector as Citigroup Cuts 53,000 Jobs
Region: New YorkJob holders around the world, especially those in major companies are in a state of fear as competition fighting to be kept in the job is and will the trend until the economy recovers. Citigroup Inc, a financial sector gi... more
Views: 811Financial stocks sparked Wall Street rally
Region: New YorkOver at Dow Jones, DJI had jumped significantly due to rebound of finanical stocks which had declined 8 percent over the last two very disappointing sessions. iThe latest government data showed inflation pressures may re... more
Views: 937More Layoffs, Fewer Hours on the Job and Teachers Forced to Take Second Jobs
Region: United StatesStuff happens. And lots of stuff happens without the mainstream media picking it up or putting it together in a way that shows the broader picture of what’s going on. Here are a few items of note today: Word ... more
Views: 867Wall Street dragged by financial sector jitter
Region: New YorkOn 20 January 2009, the trading session was deep in the red as the overall market sentiment turns bad on financial. Financial sector took a hard hit as the recent RBS, Royal Bank of Scotland (RBS.L) had announced the large... more
Views: 424Sallie Krawcheck Steps Down as Citi Executive
Region: New YorkSallie Krawcheck, the Chief Executive Officer and Chairwoman of Citi Global Wealth Management, a wealth management unit of Citigroup, resigned from her position today. She is the latest member of Citigroup's executive team... more
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