Reuters: A senior Fed official said the joblessness will not affect rate policy. Reuters: Shares in China lenders rose causing economic overheating fears. Reuters: Motorola (NYSE:MOT) says cellphone use for shopping is up. Reuters: Lawmakers…
Markets in Asia rose. The Nikkei was up 1.1% to 10,799. JAL fell on fears of bankruptcy. The Hang Seng rose .5% to 22,413. The Shanghai Composite rose .5% to 3,213. At the open…
The 24/7 Wall Street Corporate Power Rankings of the thirty-two most important companies in America are determined be earnings, analyst rankings, important corporate news, trends in each firm’s industry, product introductions, management strength and changes,…
It seems inevitable that movies about odd aliens, supernatural events, and bizarre figments of writers’ imaginations rise weightlessly to the top of box office receipt lists. “Avatar” became the No.2 grossing film of all time as it moved…
China’s exports increased at an unexpectedly rapid pace, up 18% in December compared to the same month in 2008. One economist told Reuters that the data mean that China’s GDP rose 11% in the last…
There are many companies that deserved to be on this weekend’s slate of unusual suspects that have key current developments to watch in this coming week. Some are unusual trading activity, some are earnings related,…
Consumer borrowing took a breathtaking and record-breaking fall in November, according to figures released yesterday by the Federal Reserve. Revolving consumer credit dropped almost 18% from a year earlier fueling a $17.5 billion drop…
JAL is not only the flagship carrier for Japan; it is one of the largest airlines in the world. JAL ranks among the top ten in the industry both in passengers and revenue. JAL…
The Great Recession has taken its toll on America. The New-Normal in U.S. economic data and jobs is starting to look like more like Europe every day, except that none of us get five-weeks off…
Jim Cramer continued on his theme stock picks for 2010 on CNBC’s MAD MONEY tonight. We have already heard Cramer’s theme picks for homeland security, technology, ADRs, and for energy shortages. Tonight Cramer’s picks…
The CBOE Volatility Index or “The VIX” has turned worthless as a market indicator. This happens from time to time, and it is often followed by rapid change. Today the VIX hit a 52-week…
Baker Hughes Incorporated (NYSE: BHI) announced its weekly rig count data, but what is interesting is that the latest data shows a 2009-end with comparisons to a 2008-end. If you saw the declines in…
Your wait for the platinum and palladium ETF products is over. Today marked the launch of the ETFS Physical Platinum Shares (NYSE: PPLT) and ETFS Physical Palladium Shares (NYSE: PALL). These ETFs are similar…
Updated throughout the day. GM got last minute bids for Saab NBC wants to move Jay Leno back to his late-night part of the TV schedule. Bank of America (NYSE:BAC) bonuses will return to…
The Labor Department has just released what is so far the most important jobs data in 2010. The December unemployment rate came out at 10.0% and the change in non-Farm payrolls was -85,000. Bloomberg…
These are this Friday’s top analyst upgrades, downgrades, and initiations seen from early Wall Street research calls. There were several banking and broker-on-broker cuts: Morgan Stanley (NYSE: MS), Goldman Sachs Group (NYSE: GS) and…
Ford’s (NYSE:F) slogan used to be “Have You Driven A Ford Lately?” Those who have not will find that the firm’s new cars come with access to Twitter, online maps, internet radio, and many other…
The worst of the economic downturn may be over in the US, China, India, and other economies in Asia. It is another matter in Europe. Spain has a double-digit jobless rate and the figure…
Bank of America (NYSE:BAC) CEO Ken Lewis is gone now, but the culture of big pay packages established on his watch is not. The bank will pay large bonuses for 2009 to many of its top…
Bloomberg News editor-in-chief Matthew Winkler recently gave a talk to his reporters and editors about the dangers of using anonymous sources. He argued that sources without names or identification as to their authenticity undermine good…