The Eurozone growth rate of 0.2% in the third quarter may have met expectations but this is just one more example that growth is so low already that getting out of the…
The U.S. Supreme Court will hear arguments about the Obama health care law. (Reuters) Angela Merkel says Europe may face its greatest crisis since World War II. (Reuters) Italy’s Monti will discuss…
Well, it used to be Greece taking us down daily, but now it is the much larger concern of Italy. The markets were supposed to be cheering that Silvio Berlusconi was going to…
Greece and the rest of the PIIGS were hurting us for so long that it seems hard to believe that the Europeans are setting a 50% haircut for the Greek sovereign debt and…
Unilever (NYSE: UL) subsidiary Ben & Jerry’s has announced solidarity with “Occupy Wall Street,” even donating ice cream to hungry protestors at the movement’s makeshift headquarters’ in New York City’s Zuccotti Park.…
The Obama administration announces a new plan to help underwater mortgage holders. (Reuters) Netflix (NASDAQ: NFLX) warns that more subscribers will cancel and shares fall 24%. (Reuters) Nearly 35% of News Corp.…
Obama to announce aid for student and home loans. Home loan proposals will include refinancing for underwater mortgages. (Reuters) EU leaders press Italy for more austerity measures. (Reuters) China’s October PMI is…
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…
Douglas A. McIntyre Many reports have been signaling that the United States is about to slide into another recession, and many have noted over and over that the recession is either already here or never…
Jon C. Ogg 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),…
It feels like Groundhog day in Europe. Greece fears are escalating and European markets are sharply lower. The Europeans are just unwilling or are unable to deal with their woes in a…
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…
European stocks are leading the markets this morning and the direction is lower. Greece projected that 2012 deficits will be above plan and the nation has effectively admitted that it will not…
Friday’s bounce in the U.S. is continuing based on the fact that there was no significant negative news or negative developments over the weekend. On the day we were down last week it…
Europe begins to more aggressively look for problems to its debt crisis as pressure from the rest of the world grows. (Reuters) Amazon.com’s (NASDAQ: AMZN) new tablet PC may be a serious…
