More bad news from Europe. Spain’s Employment Minister Valeriano Gomez told CNBC that a slow economy almost certainly will cause his country to miss growth targets. About the same time he was interviewed, huge…
ChartThe Gallup poll about job creation should be a decent predictor of what official government numbers will show about September employment numbers. The data are the result of interviews of 500 people every day.…
People who think investment bankers make too much money have converged on Wall St. to protest that executives there earn millions and they do not. Bankers who barely survived the credit crisis and the…
Moody’s (NYSE: MCO) cuts Italy’s debt rating. (Reuters) Bernanke says the U.S. economy is close to the flat line. (Reuters) New Apple (NASDAQ: AAPL) iPhone 4S does not impress investors. (Reuters) Boehner says a…
The highest rate in almost 30 years, nearly one and six Americans lived in poverty last year, according to recently released data from the U.S. Census Bureau. Many states choose to combat poverty rates…
Moody’s cut its rating of Italy for the same reason that credit rating agencies have dropped their opinions about the financial viability of other nations in the EU. Italy, along with Portugal, Greece, and…
U.S. retailers hired more than 627,000 seasonal workers during the October-December 2010 holiday season, a welcome boost from the mere 231,000 seasonal workers put on in 2008. Prospects for 2011 seasonal hiring are not…
Active traders and day traders have many stocks to choose from this Tuesday morning. We are tracking news and moves in shares of AMR Corporation (NASDAQ: AMR), Morgan Stanley (NYSE: MS), UBS (NYSE: UBS), and Yahoo! Inc…
Updated throughout the day. Google’s (NASDAQ: GOOG) YouTube will offer channels with professionals athletes and other personalities (WSJ) Sprint-Nextel (NYSE: S) will have an exclusive to sell the Apple (NASDAQ: AAPL) iPhone 5 Douglas…
Experts at Goldman Sachs (NYSE: GS) believe that France and Germany will slip into recession. That would seal the fate of Greece more than all the battles and maneuvers among powers at the ECB,…
Several analysts who track consumer electronics sales say that sales of the Amazon.com (NASDAQ: AMZN) Kindle Fire are already into the hundreds of thousands. The 7-inch tablet may not be the flagship of the…
AMRSome companies that are rumored to file for Chapter 11 do not. That appears to be the case with Eastman Kodak (NYSE: EK) and AMR (NYSE: AMR), parent of American Airlines. But that did…
Starbucks (NASDAQ: SBUX) CEO Howard Schultz has been in the cause de jour business for the past several months. It does not seem to do much for the causes, but it could hurt the…
World stock markets hit 15-month lows. (Reuters) Apple (NASDAQ: AAPL) to launch the iPhone 5 as competition grows from Google’s (NASDAQ: GOOG) Android. (Reuters) China warns of a trade war if Congress passes a…
Judging from the net worths of the nine leading Republican presidential nominees, politicians need to be wealthy to run for high office. By most Americans’ standards, all nine are considered rich. The wealthiest candidate,…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Alcatel-Lucent (NYSE: ALU), US Airways Group, LLC. (NYSE: LCC), Sangamo Biosciences Ltd. (NASDAQ: SGMO),…
Updated throughout the day Citigroup (NYSE: C) may replace key Japanese executives after regulatory problems (WSJ) Yahoo! (NASDAQ: YHOO) has started to look for a CEO (WSJ) Douglas A. McIntyre
The U.S. economy cannot grow with the double burdens of an ongoing drop in home prices and unemployment that may hover above 8% for another two years. One or the other circumstance has to…
Senator Chuck Schumer of New York is one of the champions of legislation to force China to consider how it values the yuan. Schumer sides with economists who say that China’s currency manipulation has…
Recently, each time Greece presents a new budget to the International Monetary Fund, EU and European Central Bank, it misses it target for debt reduction. This happened again yesterday. The Greek Finance Ministry reported…