Cantor Fitzgerald Downgraded

Cantor Fitzgerald LP had its credit grade cut to one level above junk by Standard & Poor’s as competition and the brokerage’s expansion plans pressure income, according to the ratings company.

Is Adding Yuan to SDR Economic or Political Move?
20:09 - Dartmouth professor Danny Blancheflower discusses the impact of the Chinese yuan being added to the International Monetary Fund’s SDR with Betty Liu on “Bloomberg Markets.” (Source: Bloomberg)
  • Lagarde Says IMF to Add Yuan to Reserve-Currency Basket
  • Cyber Monday: Are You Working Or Shopping Online?
  • Why Treasury Market Supply Is Falling