A missing Florida fund manager has been arrested in Tampa on charges of securities and wires fraud, according to a complaint filed in a Manhattan federal court on Tuesday.
Stocks struggled to rise Tuesday morning as Tim Geithner's confirmation as Treasury secretary vied with gloomy reports on home prices, employment, consumer confidence and corporate profits.
A missing Florida fund manager has been arrested in Tampa on charges of securities and wires fraud, according to a complaint filed in a Manhattan federal court on Tuesday.
Oil prices fell more than $2 a barrel Tuesday after several key reports showed continuing weakness in the U.S. economy.
The dollar rose against the euro on Tuesday as investors flocked to the safe-haven greenback after a record-low U.S. consumer confidence report.
Stocks struggled to rise Tuesday morning as Tim Geithner's confirmation as Treasury secretary vied with gloomy reports on home prices, employment, consumer confidence and corporate profits.
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U.S. stocks appeared set for a solid open Tuesday, as investors looked past economic and earnings gloom and eyed buying opportunities.
The cost of the bank bailout is likely to be much higher than $700 billion.
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