Author: InvestAdvocate

Dollar rises in thin trade, ends 2012 lower overall

The dollar rose against most currencies on Monday in thin trading, and held its gains even after President Barack Obama said a deal was in sight to avert a fiscal disaster that would have meant tax hikes and spending cuts for the world’s largest economy. The dollar could come under […]

President Jonathan’s New Year Message to Nigerians

Full Text of the President Jonathan’s New Year’s message Fellow Nigerians, 1. I greet and rejoice with you all as we celebrate the advent of a new year. 2. I join you all in giving thanks to God Almighty for bringing us and our beloved nation safely through the past […]

Major banks close to big settlement on home loans

U.S. regulators are close to securing another multibillion-dollar settlement with the largest banks to resolve allegations that they unlawfully cut corners when foreclosing on delinquent borrowers, a source familiar with the talks said. The settlement with five big banks would be part of a larger deal that the Office of […]