Dow -66 S&P -6.2 NASDAQ -24 Resurfacing fears about Lehman Brothers have added to the ongoing concerns about the GSEs, which led to a lower open once again led by the financials. FRE and FNM began the morning down 18-20%

euro; The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4890 level and was supported around the $1.4730 level. The common currency rallied on growing speculation the U.S. government will

The US dollar tumbled against major currencies on worries over the U.S. financial sector and a rebound in crude oil prices. News that Lehman Brothers Holdings Inc. may announce write downs of up to $4 billion and failed to sell

I have been on several teams where we studiously designed UML diagrams at the beginning of the project. As the project progressed, and deadlines approached, the UML diagrams were left somewhere behind, not to be updated in months. When a

The dollar tumbled across the board in the Thursday session on the heels of a rally in oil, which jumped to its highest level in 2 ½-weeks to $121.94 per barrel. The spike higher in crude prices was prompted by

Dollar Index: After a week of jawboning from Federal Reserve officials, with lines that range from "all is as good as can be expected", "we are maintaining a vigilant stance on inflation", "growth may not come until deep into 2009",

Overall: Wednesday's tranquility turned into volatility on Thursday, as traders moved into commodities on rising geo-political tensions and continuing concerns regarding the credit crisis. The dollar weakened broadly against most major currencies in overnight trading as oil gained about 2%.

The greenback was crushed for the better part of the NY session as disappointing economic data and a surge in oil prices delivered a hard blow to the buck. Oil jumped $4.50 in the session to close near the intraday

Rachael Singh, Accountancy Age, Thursday 21 August 2008 at 16:20:00 Kerry Katona has been made bankrupt for failing to meet a deadline of payment today Kerry Katona, the ex-atomic kitten, has been declared bankrupt for failing to pay the final

Rachael Singh, Accountancy Age, Thursday 21 August 2008 at 12:41:00 A Harrow accountant has been taken to court by the Information Commissioner for failure to register The Information Commissioners Officer (ICO) has prosecuted a Middlesex accountant for offences under the

Penny Sukhraj, Accountancy Age, Thursday 21 August 2008 at 10:50:00 The 77-year-old Virchow Krause is in discussions with the international group to change its name and to become the flagship firm in the US The 15th largest US firm, Virchow

AccountancyAge.com, Accountancy Age, Thursday 21 August 2008 at 09:36:00 Former Atomic Kitten star needs to pay £157,000 by today Kerry Katona's bankruptcy battle is set to reach a climax today, as the former Atomic Kitten star is forced to pay

AccountancyAge.com, Accountancy Age, Thursday 21 August 2008 at 07:45:00 Deloitte & Touche in Canada and Ottowa-based Scott Rankin & Gardener are merging Deloitte & Touche in Canada has signed a memorandum of understanding with Ottawa-based Scott Rankin & Gardiner to

AccountancyAge.com, Accountancy Age, Thursday 21 August 2008 at 07:53:00 The latest KPMG report warns tax authorities are preparing to enforce transfer pricing regulations A newly released KPMG report warns tax authorities are seeking to enforce transfer pricing regulations and are

AccountancyAge.com, Accountancy Age, Thursday 21 August 2008 at 08:01:00 There are fresh warnings from the City of government finances facing deeper than forecast slide into the red Concerns over the precarious state of the government's public finances were mounting yesterday

Penny Sukhraj, Accountancy Age, Thursday 21 August 2008 at 10:10:00 PwC did not disclose the locations or the number of pubs what would be affected by the closures until staff had been informed PricewaterhouseCoopers, the administrators of troubled Liverpool brewer

AccountancyAge.com, Accountancy Age, Thursday 21 August 2008 at 07:50:00 APCIMS calls on the government to simplify CGT rules which penalise long-term shareholders The Association of Private Client Investment Managers and Stockbrokers (APCIMS) has urged the government to simplify capital gains

AccountancyAge.com, Accountancy Age, Thursday 21 August 2008 at 08:01:00 There are fresh warnings from the City of government finances facing a deeper than forecast slide into the red Concerns over the precarious state of the government's public finances were mounting

Rachael Singh, Accountancy Age, Thursday 21 August 2008 at 11:13:00 A financial services company had decided to keep the Birkett duo at the company EGM The finance director and chief executive of financial services company Prestbury holdings have clung onto

Judith Tydd, Accountancy Age, Thursday 21 August 2008 at 11:08:00 The improper accessing of financial information of celebrities has landed an IRS employee in hot water An Internal Revenue Service employee has been found guilty of improperly accessing the financial