The US Energy Information Administration has just released its review of CO2 emissions in the US for 2009. That year's report shows the largest ever absolute drop and percentage drop ... Read Full Story »
“Each of the six banking systems Portugal, Spain, Italy, Ireland, Greece, the UK... faces different challenges, but the contagion risk could dilute these differences and impose very real, common threats ... Read Full Story »
A note from the desk of President Jeffrey M. Lacker, Federal Reserve Bank of Richmond: "The median inflation expectation from the University of Michigan's monthly survey of consumer sentiment is 2.9 ... Read Full Story »
From the desk of Senator Jim DeMint: "Right now, 17 percent of the IMF funding pool that the $40 billion bailout is being drawn from comes from U.S. taxpayers. If that ... Read Full Story »
Although productivity is not rising at the rate it did in the first quarter, the increase is still too "hot" to help employment. According to the BLS: "Nonfarm business sector ... Read Full Story »
The rumor mill usually runs into trouble or gets light on Thursday ahead of the crazy "Rumor Friday"... Yet there are still several ongoing and newer issues running around Wall ... Read Full Story »
There are many movers today, but a lack of the double-digit gainers and losers we have seen. The movers on news this Thursday for day traders and active traders are ... Read Full Story »
These are some of this Thursday morning's top analyst research calls seen in upgrades, downgrades, and initiations: Actuant Corp. (NYSE: ATU) Raised to Outperform at Wells Fargo. BP plc (NYSE: ... Read Full Story »
The news is bad for Nintendo. It reported its fiscal year numbers. The video game company posted its first full-year drop in revenue in six years. Wii sales were down ... Read Full Story »
Freddie Mac (NYSE: FRE) lost another $8 billion in the first calendar quarter of the year. That includes $1.3 billion in dividends paid to the Treasury. Freddie might have simply ... Read Full Story »
The Senate has voted 96 to 1 in favor of a program that prevents the use of government funds to bailout large financial firms the way that the TARP fund ... Read Full Story »
Bill Gross, the head investment officer of bond giant PIMCO and the most famous fixed-income investor in the world, dismissed Moody's (NYSE: MCO) and S&P as deeply flawed arbiters of investment ... Read Full Story »
MarketWatch: Asia shares were off by 2%. Reuters: Riots against austerity measures continued n Greece. Reuters: US regulators want to increase supervision of broadband. Reuters: The Fed's Rosengren says rates ... Read Full Story »
Google Inc. (NASDAQ: GOOG) got its mojo back. In March, the world's dominant search engine managed to slip under the 70% share mark for the first time since June 2008. ... Read Full Story »
Executives at Devon Energy Corp. (NYSE:DVN) are probably congratulating themselves on their foresight this week. The company has spent the last year divesting itself of virtually all its assets in ... Read Full Story »