A recession is generally defined as two quarters of GDP contraction as noted by the Business Cycle Dating Committee of the National Bureau of Economic Research. The GDP contraction definition is narrow and cannot…
Just over a week ago, several solar stocks had a nice jump as the DJIA rose some 200+ points. Not all the gains were made by simply hanging on the Dow’s coat tails. There…
Apple (NASDAQ: AAPL) will open its App Store developer program to a number of new types of software, which appears to include the Adobe (NASDAQ: ADBE) Flash technology. We are continually trying to make…
Consumer spending is down. That statement is true based on most data collected by the government and private sector. The mystery and misery for retailers and the general economy is when, if ever, the…
By John Tamny of Forbes President Obama’s proposed tax cuts for plant and equipment address a U.S. economy from at least 100 years ago, would harm up and coming businesses searching for investment thanks to established ones retaining…
Twitter has, by most estimates, 100 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…
Updated throughout the day Singapore sovereign fund GIC will have an IPO (Reuters) Cerberus Capital Management may be the PE firm that made an offer worth up to $2.5 billion for the wine business…
Large research organizations have a habit to state the obvious long after it is obvious to everyone else. The OECD says that world economic growth has slowed and will remain that way for some…
Almost every analysis about competition between the US and China puts the People’s Republic in the lead. China has more people, lower labor costs, more efficient protectionism, a better currency value and a growth…
The US is no longer one of the most competitive economies in the world, according to the World Economic Forum. The United States fell two places to fourth place, overtaken by Sweden and Singapore…
The debate among Congress, the Administration, bankers, and financial experts has raged on since Fannie Mae and Freddie Mac collapsed into the arms of the federal government. Their portfolios of bad mortgages grew so…
Government statistics have shown that for several months American have cut back on the use of credit. The news would seem to be bad for credit card companies, but there has not been much…
Reuters: The Blue Chip Indicators cut their growth forecasts again. Reuters: Goldman Sachs Group (NYSE: GS) was fined 20 million pounds by UK authorities. Reuters: New Google (NASDAQ: GOOG) technology will speed up web…
The US Energy Information Administration has released its latest Short-Term Energy Outlook, and it does little to raise the dim economic prospects for the rest of 2010 and 2011. The EIA has lowered its…
Apple (NASDAQ: AAPL may be on target to sell 28 million iPads next year, which would almost certainly help lift its share price and would wreak havoc on the netbook fortresses like Asus and…
Olli-Pekka Kallasvuo, the chief executive of Nokia Oyj (NYSE:NOK), should have been fired by now if the many media reports predicting his ouster were true. Yet, he is the headliner at the Nokia World…
Unwilling to match or beat Goldcorp Inc.’s (NYSE:GG) $3.48 billion offer for Andean Resources Ltd. (OTC:ANDPF), Eldorado Gold Corp. (NYSE:EGO) has withdrawn from the bidding for the South American gold miner. Goldcorp’s bid valued…
In what could be a positive bit of jobs news, job openings rose to three million in July. Whether those jobs are filled quickly is another matter entirely. The job openings rate increased over…
Mark Hurd won’t make much in salary as c0-president of Oracle (NASDAQ: ORCL)–only $950,000. His bonuses will be relatively modest as well. In a letter from the company: “We offer you a starting annual…
Twitter has, by most estimates, 100 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…