The major concern about the March employment numbers is that the economy added 162,000 jobs, but of those, 48,000 were temporary workers who have been hired for the 2010 Census. Economists pointed out that this Census employee trend…
It is no wonder that small business and consumers are not as active as they would need to be to support a meaningful improvement in US GDP. The Federal Reserve survey of senior bank…
The American Clean Energy Leadership Act of 2009 included plans on how to pay for the cost of electricity transmission from projected wind farms in remote parts of the US to consumers who would…
By Max Fisher of The Atlantic Wire Microsoft had long been rumored to be planning a tablet computer called the Courier, a Windows-running gadget akin to Apple’s iPad. The Courier’s two small screens, which…
The crude oil leak caused by the explosion and sinking of BP plc’s (NYSE:BP) Deepwater Horizon semi-submersible rig continues to pump about 5,000 b/d into the waters of the Gulf of Mexico. BP is…
Updated throughout the deay. Cost of oil spill could go over $14 billion (CNBC) Apple (NYSE: AAPL) sold over one million iPads in first month (CNBC) Apple could be the target of antitrust charges…
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…
By John Tamny of Forbes All this talk about the U.S. becoming the next Europe presumes that we’re the same as the Europeans. That’s not remotely true. While most Americans can claim a European…
For all of the quants and technical traders, nearly 87% of the S&P 500 stocks were above their moving averages on April 30, down from over 92% at the close of the previous week.…
Gene Munster of Piper Jaffray, a notorious Apple (NASDAQ: AAPL) bull, estimates 300,000 3G iPads were sold last weekend, its first on the market. This can be added to the one million WiFi-only iPads that have been…
Oil trades up near $87 today, and it is bound to move toward $100 this month. The estimates for the Deepwater Horizon incident now range as high as 100,000 barrels a day if the…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined by earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and…
The Wall St. estimates of the cost of the BP Deepwater Horizon oil spill catastrophe are these: Analysts at Morgan Stanley put the figure at $3.5 billion, while analysts at Citigroup, Evolution Securities and Panmure…
Reuters: UAL (NASDAQ: UAUA) and Continental’s (NYSE: DAL) boards approved a merger. Reuters: Investors are concerned about the Greek rescue package. Reuters: Buffett of Berkshire Hathaway (NYSE: BRK.B) defended Goldman Sachs Group (NYSE: GS) and was…
The Eurozone nations and IMF have bailed out Greece to the tune of more than $146 billion dollars, and Greece faces budget cuts of $40 billion over the next three years as it attempts to…
Experts attempting to slow the flow of oil from the Deepwater Horizon rig collapse may have found a way to slow the pace at which oil reaches the surface of the Gulf of Mexico.…
McNeil Consumer Healthcare, a division of Johnson & Johnson Inc (NSYE: JNJ), announced a voluntary recall of some of its OTC products sold in the US and Canada. After consultation with the U.S. Food and…
Berkshire Hathaway (NYSE: BRK.B, BRK.A) announced it made $3.6 billion in the first quarter compared to a loss of $1.5 billion in the year ago period. All of the improvement was in the company’s operating…
The pace at which the oil from the collapsed BP rig is spreading accelerated late on April 30. The Coast Guard and Navy are placing “booms” in the Gulf to try to keep the oil…
Partners TransCanada Corp. (NYSE:TRP) and Exxon Mobil Corp. (NYSE:XOM) have announced the beginning of a three-month open season for capacity on the proposed Alaska Pipeline. The pipeline, if its built, would carry up to…