"Wallstreet" Reader

"Wallstreet" Reader

ECB's Stark Says Greece Is on Track

Posted: 11 Dec 2010 12:57 PM PST

European Central Bank board member Jürgen Stark said the Greek fiscal consolidation program is broadly on track but the country needs to redouble its efforts and urgently address issues of structural reforms.

Mark Madoff and the Fraud's Burden

Posted: 11 Dec 2010 08:02 PM PST

Mark Madoff's apparent suicide Saturday morning, at age 46 and on the second anniversary of his father's arrest, puts on stark display how the revelation of Bernard Madoff's decades-long Ponzi scheme has torn apart Mr. Madoff's family.

Madoff's Son Found Dead in Apparent Suicide

Posted: 11 Dec 2010 07:24 PM PST

Bernard Madoff's elder son was found dead Saturday of an apparent suicide, according to law-enforcement officials.

OPEC Keeps Output Target Steady

Posted: 11 Dec 2010 07:17 PM PST

OPEC will leave its crude-oil production ceiling intact, despite recent signs that a recovering world economy might call on the group to open its spigots next year.

Prime Minister Says Portugal Doesn't Need IMF Help

Posted: 11 Dec 2010 06:03 AM PST

Portugal has the means to overcome its fiscal crisis on its own and doesn't need to ask the International Monetary Fund for help, Portugal's prime minister, José Socrates, said in an interview published Saturday.

Number of the Week: 1.6 Million Put Off Retirement

Posted: 11 Dec 2010 05:50 AM PST

The financial crisis has been hard on just about everyone. But for older folks, the pain is proving particularly deep and lasting -- a problem that could put a drag on the economy for many years to come.

Obama to Convene CEO Summit

Posted: 11 Dec 2010 06:56 AM PST

Obama will convene a one-day summit of corporate chief executives Wednesday, seeking to incorporate their ideas into a new agenda on trade, tax, regulatory issues and the deficit.