2007-04
14 01:07:12G7 MEETING G7 does notvigilance call over hedge funds
WASHINGTON (Thomson Financial) - G7 finance ministers and central bankers did not repeat their most recent warning about the need for vigilance over hedge funds.
2007-04
13 23:55:26Lawmakers tackle mortgage giant reform
WASHINGTON (AP) - Amid a worsening housing slump, Senate and House lawmakers are pushing different approaches to strengthen oversight of the two government-backed mortgage giants, Fannie Mae and Freddie Mac.
2007-04
13 23:32:14Business events for the coming week week (some dates are tentative):
MONDAY, April 16
WASHINGTON -- Commerce Department reports on retail sales for March, 8:30 a.m.; Commerce Department reports on business inventories for February, 10 a.m.; Treasury bill auction, 2 p.m.
2007-04
13 23:16:51Dow closes up 59, Nasdaq finishes up 12
NEW YORK (AP) - Wall Street closed out a bumpy week with a moderate gain Friday as investors, heartened by new inflation data, bought optimistically ahead of next week's rush of earnings releases. The Dow Jones industrials had their 11th advance in 12 sessions, and all the major indexes closed out the week higher.