Articles By Eleazar David Meléndez

A US Flag Flies Above Wells Fargo & Co Headquarters in San Francisco

Wells Fargo Results Friday Seen as Litmus Test for Housing Recovery, Responsible Banking

When San Franciso-based Wells Fargo & Company (NYSE:WFC), releases quarterly results Friday morning, analysts will be examining the corporate filing for hints as to the state of the U.S. housing market.

JPMorgan

As JPMorgan Reports Earnings Friday, All Eyes Turn To London Whale

When New York-based banking behemoth JPMorgan Chase and Co. (NYSE:JPM) reports its financial results for the latest quarter on Friday morning, the market's collective attention will be focused on just one figure: the one finally detailing how much JPMorgan lost as a result of its ill-advised strategy of putting huge "hedge" bets on the CDS derivatives market.

U.S. 10-year yield spreads for July 11

U.S. Government Bond Auction Unexpectedly Shows Dramatic Demand for T-Notes

A regularly scheduled auction for $21 billion worth of 10-year Treasury notes was off the charts Wednesday, with massive, unexpected demand for the government paper temporarily driving the yield on those securities to 1.464 percent, a record.

Stop Desahucios activists scuffle with police during a June 27 eviction in Oviedo, Spain

Angry Protesters Confront Spain's Foreclosure Policies

A Spanish activist group fighting against bank-ordered evictions has stepped up its protest activity and embraced law-breaking -- and sometimes violent -- methods to stop the physical removal of families from their homes.

Top: "Robin Hood"-customed demonstrators, demanding a tax on financial institutions, give fake banknotes and coins to consumers at a Barclays bank in London.

To Shame Banks, Flash Mobs Reward Depositors Who Close Accounts With Gifts, Drama

In long forgotten days, before most bank profits came from risky speculation and taxpayer bailouts and those institutions still lived or died by their ability to attract depositors, customers who opened new checking accounts were often given toasters as tokens of appreciation.

An early July job fair in New York. A noted expert on U.S. economic cycles said we are currently in a recession, as "it is not all about GDP, it is about jobs."

US Economy Is In Recession Right Now: Business Cycle Expert

The U.S. is currently in a recessionary cycle and, no matter what they say, there's nothing policymakers can do to stop that. That's according to Lakshman Achuthan, co-founder of the Economic Cycle Research Institute.

Monti Says Italy Might End Up Tapping Bailout Fund

Italian Prime Minister Mario Monti told reporters Tuesday that Italy won't need a Greek-style bailout, but said the country may need to tap into the European Stability Mechanism (ESM), Europe's all-purpose bailout bucket, asking the fund to subsidize sovereign borrowing by buying Italian government bonds.

Boeing 787

With New Jets Flying Off the Shelves, Aerospace Giants Push Suppliers To Ramp Up

Airbus and Boeing are ramping up their global supply chain efficiency to meet a huge number of orders.

Brazil

World Economies Slowed In May, Even White-Hot Brazil Disappoints: OECD

The world's major economies extended their slowdown in May, with conditions deteriorating significantly in India and Italy, according to a statistical indicator released by the Organisation for Economic Co-operation and Development on Monday. Even in Brazil, one of the few economies surveyed that is expanding, the pace of growth slowed.

Next-Generation 737

Boeing Announces Big 737 Sale In Europe

Boeing Company (NYSE: BA) has extended its lead in 2012 orders over European rival Airbus SAS with a multibillion-dollar commitment from a leasing company that the Chicago-based company revealed this week in Airbus' backyard.