New York Federal Reserve Bank President William Dudley said today that he believes that the 2% inflation “objective” the Fed has adopted will eventually be higher than the real inflation ... Read Full Story »
The sixth-largest crude refinery in the US, in Whiting, Indiana, has the capacity to turn more than 400,000 barrels/day of crude into useful products like gasoline and jet fuel. BP ... Read Full Story »
Bernie Madoff is alive in prison, but his extreme Ponzi scheme living has led to more and charges brought against other Ponzi schemes. Now comes news that the Securities and Exchange ... Read Full Story »
Solar stocks are going to again be under a focus on Friday after the Commerce Department tariffs on Chinese solar products was far higher than originally projected. Duties will be ... Read Full Story »
In a presentation today, St. Louis Federal Reserve Bank President James Bullard that further monetary actions by the Fed’s FOMC had been placed on “pause” as a result of the ... Read Full Story »
Faced with considerable consumer and political pressure to review its plan to close hundreds of the country’s smallest post offices, the US Postal Service announced today that it would propose ... Read Full Story »
Chesapeake Energy Corporation (NYSE: CHK) has confirmed what many investors probably should have been expecting in relation to the recent CEO double-dip dealing of Aubrey McClendon. Chesapeake issued a notice ... Read Full Story »
Visa, Inc. (NYSE: V) and Mastercard Incorporated (NYSE: MA) should both be trading higher this morning if you were only looking at the earnings reports from Wednesday. Both credit card ... Read Full Story »
FOMC meetings and the press conferences which follow each quarter now can show some important insight into what the real underlying risks and issues are to the economic recovery. It ... Read Full Story »
Wal-Mart Stores, Inc. (NYSE: WMT) may have caused some irreparable damage to its investors. This bribery scandal in Mexico looks very small if you just look at the raw dollars ... Read Full Story »
The utility sector has been a rather poor performer so far in 2012, as investors have sought growth and less dependence on high payouts, and higher dividend taxes could be ... Read Full Story »
Cheniere Energy Partners LP. (AMEX: CQP) announced last night that the company has received approval from the Federal Energy Regulatory Commission (FERC) “to site, construct and operate facilities for the ... Read Full Story »
Bernie Madoff was the ultimate scum if you consider the size, time period and numbers of clients that his Ponzi scheme damaged. It was billions of dollars lost. There may ... Read Full Story »
Goldman Sachs Group Inc. (NYSE: GS) just seems as though it cannot get out from under the negative spotlight. The Securities and Exchange Commission charged that the brokerage and trading firm ... Read Full Story »
Few details are out, but the Department of Justice is going to be making an announcement today that it is filing a lawsuit against Apple Inc. (NASDAQ: AAPL) and book ... Read Full Story »