Buried deep in the Minutes of The Federal Open Market Committee for September 22 and 23 is the group’s forecast for joblessness. The committee’s conclusion is that “the unemployment rate moving down ... Read Full Story »
Although he did not wear an eye patch, Captain Lou Albano was the Hathaway shirt man of wresting and rock and roll. Albano was as improbable as celebrity as he was ... Read Full Story »
The newspaper industry must be looking up. Recently, Gannett (NYSE:GCI) said its last quarter was better than expected. Today, The New York Times Company (NYSE:NYT) said it would keep The ... Read Full Story »
Bruce Wasserstein, one of the great M&A bankers in Wall St. history and CEO of Lazard (NYSE:LAZ) died at age 61. His passing leaves open the eventual fate of his ... Read Full Story »
Conseco Inc (NYSE: CNO) rallied 30% to a yearly high of $6.50 on news that Paulson & Co. had taken a large stake in the company as well as on ... Read Full Story »
The travel sector may still be complaining about softness and a spotty recovery, but things are getting better financially at Expedia Inc. (NASDAQ: EXPE). It turns out that Standard & ... Read Full Story »
The September Minutes from the FOMC are out and the tone is getting far less cautious and far less negative, despite all the caveats. It also shows that there is ... Read Full Story »
McDonald's (NYSE:MCD) was supposed to crush Starbucks (NASDAQ:SBUX) in the premium coffee business when the world's largest restaurant chain introduced a line of premium java more than a year ago. It turns ... Read Full Story »
The Dow Jones Industrial Average is literally within 20 points of the psychological DJIA 10,000 mark. We have not seen Dow-10K since October, 2008, but that month we saw 11,000 ... Read Full Story »
China has been critical to the attempts by the US government to pull the economy out of its downward spiral. The People's Republic has accommodated America by continuing to fund ... Read Full Story »
Now that Gold has busted $1,000.00 and headed up almost every day since, the next target commodity is oil and the question is if black gold can mirror the performance ... Read Full Story »
It just got a little harder to be in the health and beauty retail business either in stores or online. Wal-Mart (NYSE:WMT) has started to sell products from a e-commerce ... Read Full Story »
Updated throughout the day. Updated 12.02 PM EST: Wal-Mart (NYSE:WMT) will have a national roll-out of its "no contract" cellular service which could put sales pressure on Sprint (NYSE:S) (Reuters) ... Read Full Story »
SPACupdate.com has provided 24/7 Wall Street with some exclusive coverage for the world of special purpose acquisition companies or SPACs. This monitors live deals involving blank check companies, associated stock ... Read Full Story »