Business Today: Wall Street set to fall after snap-back rally

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	08/10/2011
Good Morning Aron LATEST NEWS Wall Street set to fall after snap-back rally NEW YORK (Reuters) - Wall Street stocks were set to fall on Wednesday after a sharp snap-back rally in the last session and as investors' well-worn fears about the economy and high levels of public debt looked set to generate more volatile trading. | Full Article S&P balks at SEC proposal to reveal rating errors August 10, 2011 08:14 AM ET WASHINGTON (Reuters) - Standard & Poor's, whose unprecedented downgrade of U.S. debt triggered a worldwide stocks sell-off, is pushing back against a U.S. government proposal that would require credit raters to disclose "significant errors" in how they calculate their ratings. | Full Article Goldman says QE3 likely after dovish Fed statement August 10, 2011 08:22 AM ET SINGAPORE (Reuters) - Goldman Sachs said on Wednesday a third round of quantitative easing from the Federal Reserve is likely after the U.S. Federal Reserve promised to keep rates at extraordinarily low levels for at least two more years. | Full Article Analysis: Fed hawks shriek on sidelines, doves carry day August 10, 2011 08:23 AM ET WASHINGTON (Reuters) - So much for the vaunted Federal Reserve consensus. | Full Article Capital One bulks up U.S. cards with $33 billion HSBC buy August 10, 2011 05:34 AM ET HONG KONG (Reuters) - HSBC is selling its U.S. credit card arm to Capital One Financial Corp in a $32.7 billion deal as Europe's top bank streamlines its mammoth operations. | Full Article US TOP NEWS World stocks rise on Fed rates pledge August 10, 2011 07:44 AM ET LONDON (Reuters) - World shares clawed back more ground on Wednesday as investors rattled by a run of heavy losses took comfort from the Federal Reserve's pledge to keep interest rates near zero for two more years. | Full Article British cities hit by looting, London quiet August 10, 2011 08:22 AM ET LONDON (Reuters) - Youths fought running battles with police in English cities and towns overnight but London, where thousands of extra police were deployed, was largely peaceful after three turbulent nights in which youths rampaged in parts of the capital virtually unchecked. | Full Article What happened on the night of Afghanistan helicopter crash August 10, 2011 07:19 AM ET KABUL (Reuters) - Late last Friday night, special forces troops from the NATO-led coalition launched an operation to capture a Taliban leader in an inaccessible valley southwest of Kabul. | Full Article Analysis: Is China left holding the credit baby? August 10, 2011 08:16 AM ET LONDON (Reuters) - August's dramatic financial shock, which is now both feeding off and risks fueling another economic downturn, may well introduce a third phase of the four-year-old global credit crisis -- the infection of the ultimate creditors. | Full Article France aims for more deficit cuts as rating eyed August 10, 2011 08:13 AM ET PARIS (Reuters) - President Nicolas Sarkozy ordered his finance and budget ministers to come up with new steps to prune the public deficit on Wednesday, after a U.S. debt downgrade threw the spotlight on France's strained finances. | Full Article HEALTH NEWS Health spending more complex than Medicare shows Junk food still stars in TV ads seen by kids Mother's blood test reveals baby's sex Blood tests tied to anemia in heart attack patients Sleep apnea linked to memory decline, dementia RELATED VIDEO Asian shares rebound on Fed's pledge Euro zone crisis resolution hinges on Germany: Bofinger Copper's selloff overdone, but key level looms: Phil Smith A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today. Your daily briefing on the latest tech developments from around the world from Reuters expert tech correspondents. Register Today. The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day.. Register Today. » MORE NEWSLETTERS ODDLY ENOUGH Deaf man complains nudists would not provide interpreter Full Article Mystery woman in iconic Elvis photo identified Needles are the enemy for balloon dress First tax-free holiday in Arkansas a boon for business "Lucy" look-alikes honor Lucille Ball's 100th birthday - 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details Subscribe to other Reuters newsletters. Unsubscribe from this newsletter. Follow us on Twitter Friend us on Facebook Forward to a friend