Stock Values

The Federal Reserve will have to raise its benchmark interest rate to 3 percent by the end of the year to combat inflation, said Stephen Stanley, chief economist at RBS Securities Inc. in New York.

Citigroup Inc. and Marshall & Ilsley Corp. were among the worst performing stocks in the Standard & Poor’s 500 Index this year, dragged down by souring commercial and residential property loans that may extend the declines into 2010.

Japan Airlines Corp., Asia’s biggest carrier by sales, plunged to a record in Tokyo trading after reports the carrier may enter bankruptcy proceedings led investors to sell shares on the year’s last trading day.

GMAC, the home and auto lender that counts the U.S. government as the largest stakeholder, is discussing with the Obama administration a third bailout of $3 billion to $4 billion

Barton Biggs and Marc Faber, who recommended buying stocks in March when investors were dumping them, are again united as they predict gains for U.S. equities and the dollar

Treasuries were little changed after the government sold a record-tying $42 billion of five-year debt, the second of three note sales this week totaling $118 billion.

Sanofi-Aventis SA’s $1.9 billion bid for Chattem was leaked in advance to two French investors who reaped $4.2 million by making illegal insider trades, U.S. regulators claim in a lawsuit

U.S. and German regulators are fighting over how much time to give banks to comply with new capital ratios being pushed to prevent future financial crises.

Global high-yield bond sales are poised to exceed 2009’s record issuance as the riskiest companies take advantage of plunging borrowing costs and investor demand to refinance debt.

European stocks fell from a four- month high, trimming their second weekly advance, as concern that a share sale by Deutsche Bank AG may foreshadow more capital raising by lenders overshadowed gains by automakers.

President Barack Obama said he’s appointing Austan Goolsbee to lead the Council of Economic Advisers, calling him “one of the finest economists in the country.”

Wall Street analysts offer buy, sell, or hold opinions on stocks in the news on Sept. 10

Higher-than-forecast wholesale inventories, an increased growth estimate in Japan and surging imports of oil in China boosted optimism for the global economy

Net capital inflows into emerging market economies are running at record levels, pushing up asset prices and raising the risk governments may impose capital controls, Goldman Sachs Group Inc. said in a research report today.

BANGALORE (Reuters) - The securities regulator is investigating investment advisory firms that channel investors' money into hedge funds, the Wall Street Journal reported.

NEW YORK (Reuters) - Stocks were set to rise at the open on Friday after posting gains in six of the last seven sessions, buoyed by a jump in crude oil prices.

YAROSLAVL, Russia (Reuters) - President Dmitry Medvedev rebuffed accusations of democratic backsliding on Friday and said trying to experiment with a parliamentary democracy would be a catastrophe for Russia.

LANDSKRONA, Sweden (Reuters) - In Sweden's last general election, a surge in voter support for an anti-immigrant party in this small, southern coastal town shocked a nation long regarded as one of the world's most liberal.

LONDON (Reuters) - U.S. crude rose more than $1 to over $75 on Friday due to the shutdown of a major pipeline, but a leading forecaster said demand would remain tepid.

HELSINKI/LONDON (Reuters) - Nokia has hired Stephen Elop, a Canadian Microsoft executive of Silicon Valley pedigree, to replace its embattled chief executive and renew its drive to compete with Apple.