Here is the sad fact about health care: there is often little relationship between what is spent on medical care and the results. Nations like the US, which not only have huge health care…
Poor trading results are likely to hurt Goldman Sachs Group (NYSE: GS) earnings (Reuters) Japan’s government, which owns billions in US papers, stated it had confidence in the value and future of Treasuries (Reuters)…
Research In Motion (NASDAQ: RIMM) is based in Canada but it is listed on the Nasdaq and a large portion of its investor base is in America. RIM is an unusual corporation from a…
President Obama’s budget numbers don’t add up. At least, that’s the conclusion of the Tax Policy Center, which is run by the Urban Institute and Brookings Institution, which took issue with his claim that…
by Jesse Eisinger, ProPublica, April 13, 2011, 4:28 p.m.March 30, 2011 In the aftermath of the financial crisis, nobody has gone to prison and there haven’t been any serious structural changes in the financial…
Congress and the Administration may finally be under the outside pressure to deal with the budget deficit that has not been bought upon them by voter sentiment, economist comments, or concerns from the Federal…
Updated throughout the day. The NYSE (NYSE: NYX) wants a fee from Nasdaq (NASDAQ: NDAQ) to begin M&A negotiations to be paid in the event that a transaction is blocked for antitrust reasons (Reuters)…
Active traders and day traders have many stocks to choose from this Monday morning. We are tracking news and moves in shares of Biosante Pharmaceutical Inc. (NASDAQ: BPAX), Identive Group, Inc. (NASDAQ: INVE), and Nokia Corporation (NYSE:…
Americans are divided about whether their tax rates are too high or about right. That has to make it harder for members of Congress as they try to decide whether voters want lower taxes. …
There are green lights as far as can be seen on the boulevard of the American economic recovery. The National Association of Business Economics says in its latest survey “Job creation in the quarter,…
The fear of a contagion among EU nations which need or want bailouts has changed over the past few days to a concern about how one default could trigger many others. For months, economists…
NYSE (NYSE: NYX) wants a large fee from Nasdaq (NASDAQ: NDAQ) in the event that a merger is not be hampered by antitrust investigators. (Reuters) Synthes said it was in buyout talks with Johnson…
Most taxpayers get an image of a medieval torturer cracking a whip on some poor, innocent person in their heads when they think about the IRS or taxes in general. Hating the IRS may…
The price of gasoline has risen to $3.815, according to AAA. Four dollar gas may only be a month away if crude oil stays above $105 and the Libyan conflict continues. There are also…
Daily Austerity Watch wouldn’t want to be Greek Prime Minister George Papandreou for all the baklava in Athens. Then again, we wouldn’t want to trade places with Gov. Jerry Brown (D-CA) for all the…
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Amylin Pharmaceuticals (NASDAQ: AMLN), Bronco Drilling Company (NASDAQ: BRNC), Chesapeake Energy (NYSE: CHK), Google, Inc.…
This is the Twitter-24/7 Wall St. market report for April 15, 2011.These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
Updated throughout the day. Regulators and Wall St. banks are close to a settlement on mortgage loan fraud (WSJ) An IPO may value Groupon as high as $20 billion (WSJ) Comcast’s (NASDAQ: CMCSA) NBCU…
Global organizations like the World Bank and UN may hope that the more that they discuss the global food crisis, the more likely that it is the trouble will go away. The agencies cannot…
Tech stocks will sell off because of weakness in Google’s (NASDAQ: GOOG) earnings. They should not. Google’s numbers are not a sign of anything beyond its profligate spending. The search engine company’s net income…