Companies will begin to release first quarter results this week. S&P says it expects a sharp slowdown in earnings improvements among the S&P 500. This, in turn, could knock the stock market advance off…
Spain’s Economy Minister Luis de Guindos told Frankfurter Allegemeine Zeitung that his nation will be able to make its budget targets. His government has already implemented huge austerity measures, most of them which have angered Spain’s powerful…
Gas prices have finally stopped their relentless, daily rise. The AAA Fuel Gauge figure for a gallon of regular based on a nationwide average was $3.932 yesterday, down a tick from the prior day’s…
The US economy added only 120,000 jobs in March–a huge disappointment. Most consensus forecasts were for 210,000. There had been a concern that improved hiring over the last five months would need to pause.…
The United States is often compared to other countries when it comes to health care. Among developed countries, we spend more than any other nation, while Americans remain relatively unhealthy. But what about within…
The press covered the decision by Facebook to list on Nasdaq rather than the NYSE (NYSE: NYX) as if a real contest existed between the two exchanges. Facebook could not have done otherwise if it…
The world’s poorest nations no longer get the level of aid from the West that they did. The recession undermined that aid, which means troubled small countries will fall more deeply into economic stagnation…
Also in the world of smartphones and consumer electronics, Samsung said it expects a record first quarter profit of $5.15 billion. It gives most of the create to sales of its handsets and tablets.…
China recently was the most attractive car and light truck market in the world. The Asian nation’s vehicle sales are nearly 18 million a year now, ahead of the second-largest market — the U.S.…
Several media sources report that Microsoft (NASDAQ: MSFT) has given app developers financial incentives to create software for its Windows mobile OS. The operating system, combined with phones from Nokia (NYSE: NOK) are the…
JCPenney (NYSE: JCP) will cut 900 jobs at its headquarters, which is about 13% of the total. New CEO Ron Johnson, formerly of Apple (NASDAQ: AAPL), claims this will turn the crippled retailer into…
Spain’s political leaders will present EU budget directors with its plan to comply with new austerity measures. It needs to hurry the process. Spain’s bond yields have risen to unsustainable levels as capital markets…
A federal judge approves a $25 billion mortgage misconduct settlement between the federal and several state governments and Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), JP Morgan (NYSE: JPM), and…
JC Penney (NYSE: JCP) will cut 900 jobs at its headquarters, which is about 13% of the total. New CEO Ron Johnson, formerly of Apple (NASDAQ: AAPL) claims this will make the crippled retailer…
Americans love chocolate. Apparently, Easter Week is one of the most popular times of the year to indulge. Nearly 71 million pounds of chocolate candy are sold in the week leading up to Easter,…
Investors have plenty of reasons to want disoriented Best Buy (NYSE: BBY) CEO Brian J. Dunn to be dismissed. Dunn has lost his way as he tries to find a path to compete online with firms like…
A new study from research firm IMS shows that new and better treatments for disease and a dip in physician visits steadied health care spending in the United States last year. It should be considered good news for a country…
Owners of bricks-and-mortar bookstores, from Barnes & Noble (NYSE: BKS) to independent shops on many city corners, have hoped that the American love of physical books eventually would stem the move of readers to…
many investors objected to the 2011 pay package of JP Morgan (NYSE: JPM) CEO Jamie Dimon. He made $23 million, which was more than any other bank chief executive. Dimon also was criticized for…
After legal issues slowed their progress last year, foreclosures are about to increase. (Reuters) Time Warner Cable (NYSE: TWC) may end its deal with Current TV because of low ratings. (Reuters) The Securities and…