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We're looking -- another light trading day today despite some new economic numbers out there.
Claims came in at a worse than expected 374000.
That was flat compared to the prior week consumer spending.
Rose point 4% in July the fastest pace in five months up personal income group point 3%.
Both of those numbers were in line with expectations but again.
Trading still fairly light and that's because investors are waiting to hear what Fed Chairman Ben Bernanke will say when he speaks -- the Central -- symposium in Jackson Hole Wyoming tomorrow.
Meanwhile Citigroup has agreed to pay 590 million dollars over claims it deceived investors in one of the largest settlements tied to the financial crisis.
The -- was one of several sued by shareholders who accused of hiding its dealings in toxic sub prime debt.
-- denied the allegations but said it's settling quote silly to eliminate the uncertainties burden and expense of further protracted litigation.
That money will go to investors who purchased Citigroup stock and parts of 2007 and 2008.
The bank's market value has dropped 173.
Billion dollars since early 2000 -- And Standard and Poor's says after trading ends next -- -- will no longer trade on the S&P 500.
S&P says -- has too few shares available for trading to be included in the widely followed index.
-- one of the original members of the S&P 500 says this move does not reflect.
The valuation or performance of the company the troubled retailer will be replaced by Lyondell -- -- That's business for more log on -- foxbusiness.com.
In New York I'm -- save them.
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