American Cities Where Wages Are Plummeting
The average U.S. worker was paid $1,000 per week as of the fourth quarter of 2012. This is, according to the Bureau of Labor Statistics, a 4.7% increase from 2011. In the vast majority…
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Year: 2013
All Year: 2013 Articles
Newest first · Page 192FOMC Minutes: QE and Low Interest Rates to Continue!
The FOMC is out with its highly anticipated minutes of its last meeting. While there is some clarification and some expansion of their comments along with Ben Bernanke anticipation, we would remind readers that…
SEC Gives OK for Hedge Funds to Advertise
ThinkstockBy a vote of 4 to 1, the U.S. Securities and Exchange Commission (SEC) has approved a proposed rule that would allow hedge funds, private equity firms, and other companies that raise money by…
Ten-Year Treasury Auction Confirms 1% Rise in Interest Rates in Two Months
The U.S. Treasury has just conducted a $21 billion 10-year Treasury note auction, which may spook some investors. Interest rates have already risen on the long-end of the yield curve in anticipation that the…
Demand for OPEC Crude to Fall in 2014
ThinkstockIn the July release of its Oil Market Report, the Organization of Petroleum Exporting Countries (OPEC) for the first time estimates that demand for the cartel’s crude will decline in 2014. Demand in 2013…
Merrill Lynch Finds a Silver Stock to Buy: Big Upside in First Majestic
ThinkstockFirst Majestic Silver Corp. (NYSE: AG) has been crushed along with silver and gold players in recent weeks and months. In fact, its stock price has been cut in more than half. Apparently enough…
Crowdfunding Solar Energy
ThinkstockBig investments in big solar energy prospects are nothing especially new. What is relatively new is a way for small retail investors to join the party. Mosaic Inc., a two-year old startup in Oakland,…
BlackRock’s Larry Fink Sends Another Warning on Long-Term Bonds
Frank Golhen, via Wikimedia CommonsBlackRock Inc. (NYSE: BLK) chief Larry Fink has joined in on the theme that it is time to exit long-term bonds. His thesis is mainly the same that you have…
Wholesale Inventories Drop Brings Restocking Hope
ThinkstockWholesale inventories posted a fairly decent drop in the May, which may create further room for improved restocking activity into and exiting the summer months. Inventories were down by 0.5% at the wholesale level,…
Crude Oil Futures Higher as Inventories Slide
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories dropped by 9.9 million barrels last week, maintaining a total U.S. commercial crude inventory to 373.9…
Apple Guilty of Collusion on E-book Pricing
courtesy of Apple Inc.In a U.S. District Court ruling this morning, U.S. Department of Justice charges against Apple Inc. (NASDAQ: AAPL) for colluding to fix prices for e-books with several publishers were upheld. Apple.…
Citigroup’s Most and Least Favorite Internet Stocks to Buy and Sell
ThinkstockIt looks like Internet stocks are going to be back in focus on Wednesday. Citigroup’s Mark May, who is the former Internet analyst at Barclays, has issued new coverage of key internet stocks. Citigroup’s prior…
U.K. Postal Service to Become Publicly Traded Company
ThinkstockIn a move that even late Prime Minister Margaret Thatcher didn’t care to try, the United Kingdom’s postal service, the Royal Mail, is going to become a public company. The resulting company likely will…
Other Medical Device Stocks at Risk After Intuitive Surgical Warning
ThinkstockIntuitive Surgical Inc. (NASDAQ: ISRG) has been the darling of momentum investors for years. Yesterday it gave short sellers the data they have waited for. Sales of its da Vinci robotic surgical system have…
Top 10 Analyst Upgrades and Downgrades: EMC, HP, ViroPharma and More
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Wednesday, July 10, 2013. They include EMC, HP, ViroPharma and Deutsche Bank.