The Obama Administration will release a plan on Monday to help people with underwater mortgages and good credit to get new refinanced home loans at present rates which are the lowest in decades. This…
YouTube has become more and more each month, the Facebook of online video. The Google (NASDAQ: GOOG) site’s inventory of content which can be used to support video advertising dwarfs that on the balance of the…
Unemployment continued to gnaw at some of the most economically troubled regions of the US. States with statistically significant employment changes from August 2011 to September 2011, seasonally adjusted --------------------------------------------------------------------------- | August | September…
GE (NYSE: GE) posted earnings that were above average. Jeff Immelt may want to step down from his positions as Obama’s adviser and spend all of his time at the conglomerate to keep GE’s…
nationsonline.orgIt may be an affront to free speech, or just a plan that is totally unrealistic, but the EU wants to ban credit ratings of the sovereign debt of its most troubled nations. “We…
More than 2,00o Americans made in excess of $10 million last year. Most of them probably earned it, perhaps at investment banks or hedge funds. Some may be rich farmers who paid themselves well…
Infrastructure repair data often misleads, and this makes the argument about how government should spend money on upgrading America’s roads and bridges complicated and often biased. Transportation for America has come out with another…
Ford’s (NYSE: F) new UAW contract is good news for the auto company’s financial future but bad news for workers, who will have a stagnant standard of living. It is another example of how…
Some economists argue that while businesses have recovered a great deal from the recession, American workers have not. There is some proof of that in Microsoft’s (NASDAQ: MSFT) latest quarterly results. Analysts would argue…
Slow sales of Windows keeps Microsoft’ s (NASDAQ: MSFT) revenue low. (Reuters) The Murdoch family will face voters angered about the UK paper hacking scandal at today’s annual meeting. (Reuters) Greece’s parliament votes for…
Updated throughout the day Yahoo! (NASDAQ: YHOO) has asked potential buyers to sign highly restrictive non-disclosure agreements (Reuters) Groupon has cut the size of its IPO (WSJ) Hedge fund SAC faces another government probe…
Why will Yahoo! (NASDAQ: YHOO) not sell its own Asian assets and run its core business with an additional $10 billion from the proceeds from those sales on its balance sheet? The process to bid…
Management at Samsung recently boasted that it sold 20 million handsets in the past quarter, compared with Apple’s (NASDAQ: AAPL) 17 million iPhone sales, the Wall Street Journal reports. The boast does not mean…
ChartThe Nation Retail Federation expects holiday sales to rise 2.8% to $466 billion this year. That estimate has already been questioned as unemployment stays above 9% and discretionary income remains stagnant. Another indication that this holiday…
Social Security recipients, 55 million strong, will get a 3.6% cost of living increase next year. There has not been a cost of living increase from the fund in three years. This one is…
It’s that time of year again, when proxies are released and many business publications run lists of the highest paid CEOs at America’s large public companies. The compensation figures are extraordinarily high, sometimes ranging…
MSNBC: US housing starts jumped in September http://on.msnbc.com/pxVyNE NYT: Olympus Backtracks on Payments http://nyti.ms/pAPNmD CNNMoney: Apple 2.0: Apple’s big miss: The analysts weigh in http://bit.ly/r7OZMN $AAPL FT: Olympus contradicts chairman over fees http://on.ft.com/pMpov6 …
Updated throughout the day Nomura will buy the GE (NYSE: GE) Capital unit in China (Reuters) The European Commission has taken bank records that disclose how interest rates were set (WSJ) News Corp (NYSE: NWS)…
The number of homes listed for sale in the largest cities in the country has fallen 20% in the past year, according to a report released last week by Realtor.com. While the number of…
The smartphone business was among the most attractive in the tech world until recently. That was before Microsoft (NASDAQ: MSFT) forced several makers of Google (NASDAQ: GOOG) Android-based phones to pay it royalties. It…