Wikimedia CommonsJ.P. Morgan Chase & Co. (NYSE: JPM) announced it will cut 4,000 part-time jobs and another 13,000 contract positions in its mortgage business. The bank blamed weaknesses in the mortgage market…
ThinkstockThe U.S. banking sector is looking better in 2013 than it did in 2012, 2011 and so on. Balance sheets, credit metrics and underlying asset values continue to recover. Still, the recession…
ThinkstockAmericans are often concerned about how Chinese economic growth and the rise of major Chinese businesses could impact U.S. interests. With the People’s Republic expected to pass the United States in gross…
ThinkstockInterest rates have been kept at historically low levels by the Federal Reserve since the Great Recession began in 2008. The intent behind this was to spur loan activity and borrowing to…
courtesy of the Walt Disney Co.No company has a better reputation among American consumers than Amazon.com. The online retailer pushed Apple out of the the top slot this year, according to a…
ThinkstockIn a report titled “Energy 2020: Independence Day,” analysts at Citigroup Inc. (NYSE: C) suggest that the United States may achieve energy independence by the end of the current decade. The analysis…
Paul Ausick ThinkstockBanks have been back as a flavor for investors for a while. After all, Bank of America Corp. (NYSE: BAC) was the best performing stock of all 30 Dow Jones Industrial Average…
Brian Katt / Wikimedia Commons / GNU Free Documentation LicenseBank of America Corp. (NYSE: BAC) was the top-performing Dow Jones Industrial Average stock in 2012. That performance was not with banking analyst Meredith…
thinkstockThe never-ending quest to produce energy from something other than fossil fuels has provided Wall St. firms and investors the challenge of constantly trying to determine which companies are legitimate. After years…
24/7 Wall St. is still a big fan of dividends. What is even better than a high dividend yield is when companies with solid dividends raise their dividend payouts. Dividend hikes have…
ThinkstockWhen you are an industry leader and one of the largest companies in the country of Sweden, employing more than 100,000 workers, it seems almost impossible that a turnaround would ever be…
ThinkstockThe Dow Jones Industrial Average has just seen a major move in January 2013, with gains of nearly 6%. That was even after two days of light profit taking at the end…
courtesy of MicrosoftIran’s oil exports rise sharply in December, despite sanctions. (Reuters) Deutsche Bank A.G. (NYSE: DB) has a large fourth-quarter loss as it rids its balance sheet of bad assets. (Reuters)…
ThinkstockWhen well-known analysts make a major price call, investors and Wall St. usually listen. Outspoken bank analyst Richard Bove has done just that. The former Ladenburg Thalman and Rochdale securities analyst recently landed at…
thinkstockU.S. regulators say that their investigation into the Boeing Co. (NYSE: BA) 787 Dreamliner is far from over. (Reuters) Apple Inc. (NASDAQ: AAPL) must decide whether it wants market share in China…
