Tang Shuangning of the China Everbright Group. After his son was hired by JPMorgan, An Tu/European Press Agency Tang Shuangning of the China Everbright Group.
The Federal Housing Administration has announced plans to reduce its stake in the market, an indication it sees some signs of strength in real estate.
The U.S. economy is poised to add the most jobs since well before the start of the Great Recession. The strong November jobs report was a good sign for the economy.
Stocks on Wall Street closed higher on Friday after a stronger-than-expected payrolls report gave traders confidence that the economy could be healthy enough to withstand a scaling back of the Federal Reserve's stimulus.
NEW YORK (AP) - Bernard Madoff's former clients are still struggling to move on five years after his massive Ponzi scheme was exposed.