It is a trend in the consumer electronics business — manufacturers rise to become industry leaders only to be outshone by the competition as high-priced gadgets quickly become commodities. Based on recent earning reports…
The front page of almost every news and financial paper or website carried that story of JP Morgan’s (NYSE: JPM) $2 billion trading loss. As MarketWatch described it, “The losses stemmed from trades at the…
UK consumer confidence collapsed in April, according to carefully followed Nationwide Building Society data. The figure dropped sharply below its long-term average as the country entered a recession. The news is a reminder of…
nationsonline.org Overall, domestic demand is unlikely to support GDP growth in 2012, as the process of deleveraging continues across the sectors of the economy. — European Economic Forecast (Spring 2012) The European Union has…
There are signs of economic trouble in two pillars of the developing world, a signal that the global slowdown has caught up to what were among the most robust countries. Industrial output fell 1.5%…
Facebook’s initial public offering is already oversubscribed. (Reuters) JP Morgan (NYSE: JPM) books a $2 billion trading loss, and the figure could rise by another $1 billion. (Reuters) China’s industrial production and retail activity…
courtesy Facebook Inc.Reuters reports that the Facebook IPO is already oversubscribed. That means the upper end of the projected price range of $28 to $35 may be raised soon. In turn, Facebook could then…
Microsoft (NASDAQ: MSFT) and Bing have created an odd joint venture to help get the Bing search engine more use–at Google’s (NASDAQ: GOOG) expense. Bing results will be married with related posts from user…
Spending for Mother’s Day is expected to rise 8% from last year, according to the National Retail Federation. Either people love their mothers more than last year, of the forecast is the sign that…
There are signs of economic trouble in two pillars of the developing world as a there are signal that the global slowdown has caught up to what were among the most robust countries. Industrial…
In a hastily called conference call, JP Morgan (NYSE: JPM) CEO Jamie Dimon explained that one of the bank’s divisions would have an $800 million trading loss based on a bad investments in synthetic securities. Neither…
The luxury car market around the world continues to explode as the relatively small portion of the globe’s population which is rich consumer at extraordinary levels. VW reports that its goal to sell 1.5…
Angela Merkel continues to dig in her heels as Greece insist it may reject the austerity measure which have allowed it to get loan support from its eurozone neighbors and the IMF. A portion…
Sony (NYSE: SNE) said it would finally turn around is prospects and make money in the next year. Bumbling CEO Sir Howard Stringer is gone. Sony’s core problems are not. It is still in…
Sony (NYSE: SNE) said it would finally turn around is prospects and make money in the next year. Bumbling CEO Sir Howard Stringer is gone. Sony’s core problems are not. It is still in the…
Sears (NASDAQ: SHLD), Overstock (NASDAQ: OSTK), and Abercrombie & Fitch (NYSE: ANF) are not particularly well-regarded as brands or particularly well-liked by Wall St. Perhaps coincidentally, each shows up near the bottom of the…
Depending on the age group bracket, the federal government puts youth unemployment at about 20%. It is higher among the poorly educated, blacks, and Hispanics. College educated white young people tend to do better.…
Oil has passed $97 on its way down to what some analysts believe will be $90 or less. That would be a reset of more than 15% over two months. The worry about a…
Nationally, home prices are projected to decline 4% by the end of this year, according to Fiserv Case-Shiller’s latest report. Most of the country’s largest metropolitan areas will not escape this fate. In fact,…
Greece already has left the eurozone. The formality of the paperwork is only a few months away, at most. The notion it can remain in the alliance is based on the fantasies that either the political parties that…