GM (GM) management has finally begun to wise up. Even if the government gives it every dime that it asks for and the Administration can bring the UAW and the ... Read Full Story »
A great deal has been made about the Nasdaq going from being down 25% for the year to being up for 2009. The furious rally might continue, but it probably ... Read Full Story »
No one can remember mortgage rates as low as they are now. The thirty-year rate is at 4.85%. Mortgage rates could go to zero and it would probably not help ... Read Full Story »
AAPL nearing $110 is the headline, but there are other stories worth noting this week, aggregated from 24/7 Wall St. partner Apple Investor News: • Analyst comment of week: Majestic ... Read Full Story »
The New York Times (NYT) and Washington Post (WPO) both said that they would have to cut jobs and salaries. The falling revenue in the print advertising business is overtaking ... Read Full Story »
There is nothing wrong with regulatory agencies and regulations for that matter. It is what keeps four-year-olds from becoming airline pilots and orangutans from being airline mechanics. The theory behind ... Read Full Story »
According to Reuters, the Obama financial reforms face a bumpy road. Reuters reports that the NY State Attorney General has subpoenaed AIG (AIG) over its CDS contracts. Reuters reports that ... Read Full Story »
Markets in Asia were mixed. The Nikkei fell .1% to 8,630. The Hange Seng was down .6% to 14,021. The Shanghai Composite rose .5% to 2,374. Data from Reuters Douglas ... Read Full Story »