JPMorgan Chase (NYSE: JPM) has just released earnings and Jamie Dimon is showing he is a better manager even than the most positive reviews have given him over the years. ... Read Full Story »
Now that the government has done its best to address the credit and banking crisis by putting $700 billion into the American financial system, the economy faces what is likely ... Read Full Story »
The federal budget deficit hit $455 billion for its September fiscal year. That is up $389 billion from the year before. The deficit will certainly get a lot worse. The ... Read Full Story »
Paulson's plan to put $250 billion into nine banks, whether they want the money or not, is really supposed to do as much for financial firm customers as it is ... Read Full Story »
Intel (INTC) said it loved its past and hated its future. The Age of Romance must be over. These sentiments are supposed to be the other way around.The world's largest ... Read Full Story »
According to Reuters, economic attention has now turned to the recession.Reuters reports that a new survey shows that half of all workers are worried about their jobsReuters reports that unions ... Read Full Story »
Many markets in Asia were lower.But, the Nikkei rose 1.1% to 9,547. The Hang Seng fell 2.4% to 16,438. ICBC fell 2.7%. CNOOC waa off 3.8%. PetroChina (PTR) moved down ... Read Full Story »