ThinkstockThe European Union’s (EU) statistical agency, Eurostat, reported this morning that industrial production in May for the 17 countries of the eurozone fell by 0.3% month-over-month and by 1.3% year-over-year. In the larger 27-member…
Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) is now out with its second quarter company earnings report. The DJIA component is the first of the major banks to post earnings, with results of…
24/7 Wall St. identified the worst car dealerships in the country based on Pied Piper’s Prospect Satisfaction Index. The index considered the dealership experience of 5,200 mystery shoppers who visited dealerships across the United…
Microsoft Sweden, via Wikimedia CommonsThe management changes engineered by Microsoft Corp. (NASDAQ: MSFT) CEO Steve Ballmer are the largest since he became CEO more than 13 years ago. The Windows PC OS business took…
ThinkstockThe recent spike in the price of oil shows how quickly day-to-day worries about supply make longer-term supply issues academic. After months of comments and analysis about how shale and fracking should forever alter…
ThinkstockBoth China’s prime minister and its finance minister hinted that China’s growth of gross domestic product (GDP) may slow considerably this year, and perhaps the next. That has caused many analysts to believe that…
ThinkstockThe stock market may be challenging all-time highs again, but interest rates have skyrocketed and mortgage applications have hit a serious soft patch as a result. As interest rates rise, it drives up the…
thinkstockRetail apparel giant Gap Inc. (NYSE: GPS) reported that same-store sales rose 7% year-over-year in June. Shares closed up 1.5% today at $44.96 and are up another 0.9% after hours. The stock set a…
courtesy of DellActivist investor Carl Icahn is trying to do whatever he can to win his buyout efforts for Dell Inc. (NASDAQ: DELL). This fight has been a legendary fight in the world of…
July 11, 2013: U.S. equity markets opened higher this morning, cheered by Fed Chairman Ben Bernanke’s speech after markets closed night. In Asia, the Shanghai exchange soared 3.2%, even though there was little to…
ThinkstockThe U.S. Treasury Department reported today that for the month of June the federal budget ran a surplus of $117 billion. Last June the deficit was $60 billion. The federal budget deficit now stands…
ThinkstockThe U.S. Department of the Treasury auctioned $13 billion in 30-year bonds today at an average yield of 3.66%, a gain of just half a basis point for the day. For comparison, yields on…
ThinkstockDuring the first quarter of 201, the U.S.became just the fourth country to reach the milestone level of 10 gigawatts (GW) of installed solar photovoltaic (PV) capacity. A total of 1.8 GW of new…
ThinkstockIn its weekly Primary Mortgage Market Survey, home lending giant Freddie Mac reported that mortgage rates for fixed-rate loans have continued a nearly two-month streak of increases. The interest rate on a 30-year fixed-rate…
MicrosoftAdvanced Micro Devices Inc. (NYSE: AMD) has been on fire. First it was Wells Fargo Securities raising the safety flag calling for AMD to double. Now we are seeing two more simultaneous analyst upgrades…