courtesy of WhiteHouse.govWarren Buffett has never really been a big seller of Berkshire Hathaway Inc. (NYSE: BRK-A) stock. Still, it has been well telegraphed that the shares in Mr. Buffett’s estate would go into…
ThinkstockOn Wednesday morning the markets will have to deal with yet another reading on inflation — albeit at the wholesale level. The US Labor Department will report its reading for the Producer Price Index…
ThinkstockBy James Stafford of Oilprice.com Much larger than Eagle Ford and once thought to have reached peak production, new technology has brought us full circle back to the Permian Basin in Texas and New…
When it comes to worldwide revenues for digital advertising, there is Google and everybody else. In the latest round of rearranging deck chairs, Microsoft is positioned to take over third place from Yahoo!
Airbus Group NVMalaysia-based low-cost carrier AirAsia signed a memorandum of understanding with Airbus Tuesday for 50 A330-900neo aircraft for AirAsia X, the Malaysian company’s low-cost, long-haul subsidiary. At a current list price of around…
Intel is set to dominate the bias toward much of the technology sector when it reports earnings on Tuesday after the close. Intel already raised its guidance back in June.
Yahoo! is set to report its second-quarter results after the close of trading on Tuesday. All eyes will be focused on Yahoo's external gains from the Alibaba IPO.
Tuesday morning reports from both J.P. Morgan Chase and Goldman Sachs continued the string of positive earnings reports from Wall Street's biggest banks.
ThinkstockInflation in international trade will be nothing to scare the Federal Reserve into a major inflationary panic. June’s import and export prices were more than just tame. Export prices were down by 0.4% on…
Historically, food and the prepared food markets were supposed to be recession proof. Now it turns out that consumer shifts are changing this longstanding rule. Consumers remain value conscious, and they are also changing…
courtesy of AppleThe Consumer Electronics Association (CEA) is now looking for 2014 to be an all-time record high for global consumer electronics. Its semi-annual sales forecasts signaling that consumer electronics revenues will be up…
ThinkstockFed Chair Janet Yellen offered a bit of a surprise in her semiannual Monetary Policy Report in front of Congress on Tuesday. It may seem like a bit like Alan Greenspan’s moment regarding irrational…
UPDATE: Malaysia-based low-cost carrier AirAsia Bhd signed a memorandum of understanding with Airbus Group NV Tuesday for 50 A330-900neo aircraft for AirAsia X, the Malaysian company’s low-cost, long-haul subsidiary. At a current list price of…
ThinkstockFed Chair Janet Yellen is delivering her semiannual Monetary Policy Report in front of Congress on Tuesday. The testimony is before the Committee on Banking, Housing and Urban Affairs of the Senate. Her speech…
Tuesday morning's announcement of the $27.4 billion acquisition by Reynolds American of follow tobacco products maker Lorillard did not light up investors' spirits.