The Federal Reserve will disclose which banks got crisis loans in the 2007 to 2009 period. (Reuters) Factories in China and India increased production last month. (Reuters) US regulators intend to press banks on…
The one group of people who were almost as happy as the retailers by the unexpectedly strong Black Friday sales were tax collectors whose appetite for taxing online sales grows stronger every year. It’s…
It was always Amazon.com’s (NASDAQ: AMZN) dream that its Kindle could hold off the Apple (NASDAQ: AAPL) iPad’s incursion into the e-reader market. The problem is that the Kindle does one thing. The iPad, on…
Car sales are expected to be moderately good for November. Most car companies will have results which are an improvement over October, but comparisons with last November are quite likely to be down between…
Americans believe that the pain of reducing the deficit should be based on government cuts and not changes in the tax code. They do not, however, expect their own taxes to drop as a…
The S&P/ Case-Shiller Home Prices Indices could not have been worse for September. They showed a near collapse in house prices. Earlier this month, an S&P analyst opined that home prices could drop another…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of ASML Holding N.V. (NASDAQ: ASML), Aixtron AG (NASDAQ: AXG), China BAK Battery Inc. (NASDAQ:…
Twitter has, by most estimates, 145 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than one million…
Updates throughout the day Microsoft (NASDAQ: MSFT) will re-enter the home TV program market (Reuters) Google (NASDAQ: GOOG) will buy Groupon for $6 billion (NYT) Wiretaps, many of which are two-years old will be…
The spreads on what it costs to insure the sovereign debt of Spain and Portugal have continued to widen. The borrowing costs for each country are now at levels which neither can probably sustain…
Microsoft (NASDAQ: MSFT) may make another assault on the home television market. It has visited that sector before and was beaten back by cable companies and digital video recorders. Reuters reports that the world’s…
The Congressional Budget Office has been given the task to report on the state of the TARP fund which was created primarily to bail out financial firms crippled by the credit crisis. The most recent report, based…
Coremetrics, which covers online sales activity, says that Cyber Monday sales rose 20% this year over last based on data taken through 6 PM. That would make e-commerce revenue for the day about $1 billion.…
Google (NASDAQ: GOOG) is near a deal to buy Groupon for $6 billion. (NYT) The Congressional Budget Office says the cost of TARP to taxpayers was only $25 billion. (Reuters) Obama plans to freeze…
Word from the National Association of Realtors is that commercial real estate is slowly getting well. Very slowly. The NAR’s chief economist noted that apartment rents “could” increase by 1%-2% in 2011, after staying…
Verdict: Bad Shares of Amazon.com hit an all-time high of $181.84 today. As a reference, the stock traded at $90 during the peak of the 2007 holiday season – perhaps the best in US…
Ask not for whom the foreclosure bell tolls house flippers. It tolls for thee. With profuse apologies to Ernest Hemingway, that butchered metaphor sums up the predicament facing many real estate investors caught in…
A number of the world’s largest cities have begun to run out of clean air, which leaves open the question of their long term futures. Disease which is a by-product of pollution is rampant…
By by John Tamny of Forbes The negative incentive effects of unemployments are well known. What’s maybe not discussed enough are the less visible effects of jobless benefits, which include reduced productivity on the job,…
Updated throughout the day. Amazon.com (Nasdaq: AMZN) will enter a number of markets outside the US (FT) Apple (NASDAQ: AAPL) has begun to recruit an army of lawyers to fight patent claims (various) Ireland…