Cable companies and Netflix (NASDAQ: NFLX) have been natural enemies for years. First, its DVD by mail service undercut cable firm VOD to the home. Then, Netflix streaming video over broadband internet posed another…
Microsoft scored a hit in video game sales during 2011. According to MarketWatch, The Xbox 360 from Microsoft was the best-selling home videogame console last year in the U.S. market, moving a total of…
The Greek debt trouble is still not settled. Some private bond holders may not agree to swap their current sovereign holdings for paper worth about 70% less. The absence of a deal could by…
The actions of crude traders can be unpredictable and volatile. Information and news about oil supply or demand can set off a torrent of trades. This happened once more as China said it will…
The House based a bill that sets the ability of the Commerce Department to set duties on goods from China and other nations that subsidize exports. The Senate passed similar legislation. The president shortly…
You might have already heard the reports that Apple is sitting on a lot of cash, around the $100 billion mark. You might have even read the scores of recommendations about what it should…
There is nothing special to be taken away from the new Gallup poll about how well US economic confidence is doing. The Conference Board has said as much as has the University of Michigan.…
By Isabel Sawhill With rising gas prices now rivaling unemployment as a key issue in this year’s election, both the president and his Republican opponents have been speaking out about what, if anything, should…
The price of IBM (NYSE: IBM) shares rose above $200 for the first time ever. It is no more a milestone that Apple (NASDAQ: AAPL) at $500 or when people reach age 65. The…
Small business is supposed to be the most important engine of the jobs market. Many economists believe that companies with fewer than 20 workers account for more than half of all U.S. jobs. The small…
Even the most sophisticated economist could only guess about the global effect of a 7.5% GDP growth rate in the Chinese economy this year. Some analysts claim this will be the slowest growth rate…
The amount of speculation that Apple’s (NASDAQ: AAPL) stock will fall has nearly reached the level of speculation that it will increase. Shares have run up by 50% over the past year, which is…
A disorderly default of Greece would cost one trillion euros as contagion would spread sovereign debt problems to Spain and Italy, the Institute of International Finance says. (Reuters) AIG (NYSE: AIG) raises $6 billion…
The AAA Fuel Gauge reports that gas prices dropped, ever so slightly, yesterday. After weeks of increases, it was not much of a relief. And, the high price of oil means gas prices will…
The Institute of International Finance which negotiated the private debt swap for many holders of Greek sovereign debt claims that a “disorderly” default of the southern EU nation would have cause a falling of…
There have been several estimates of how much the bonuses given to Wall St. bankers fell last year. All agree on one thing. Banker and brokers made less in 2011 than 2010. That should…
The much criticized GM (NYSE: GM) Chevy Volt, sold as the Opel Ampera in Europe, has been awarded the European Car of the Year distinction. The decision to bestow the award is made by journalists from 27 countries. The Volt has…
Analysts may claim that the new GDP data from the euro area demonstrates the region went into recession in Q4 2011. GDP fell .3% according to Eurostat. Much of the drag came from Germany, the region’s largest economy. GDP…
Updated throughout the day on The 24/7 Wall St. Wire. Jaguar Land Rover and Chery have sought a joint venture approval to operate in China (Reuters) Facebook will add Deutsche Bank, Credit Suisse and…
Google’s (NASDAQ: GOOG) YouTube is the largest video site in the US in terms of videos viewed each month, according to Comscore. VEVO is second. The gulf between the two was huge in January. YouTube had almost…