U.S. equity markets opened higher this morning and maintained their upward momentum for essentially the whole day. Lacking any really bad news from Asia or Europe, U.S. markets shrugged off a weaker than expected…
ThinkstockThe Congressional Budget Office (CBO) today released its budget and economic outlook through 2023, saying that the federal deficit for fiscal year 2013 (ending in September) will shrink to $845 billion, the smallest deficit…
Mark Hirschey / Wikimedia Commons2013 is yet another year getting off to a great start for stocks, and Berkshire Hathaway Inc. (NYSE: BRK-A) is actually outperforming the broad stock market so far in 2013.…
Photo by Spencer Platt/Getty ImagesThe stock market is up Tuesday, with the Dow Jones Industrial Average up 0.79%, the Nasdaq up 0.92% and the S&P 500 up 0.87%. Today’s winners are a media company…
ThinkstockDespite an explosion in smartphone and tablet sales in 2012, overall semiconductor sales were down for the year. The three-month average for global chip sales was $24.74 billion in December, down 3% from a…
ThinkstockIn the month of January, U.S. economic confidence matched its five-year high set back in November of last year, according to the latest data from Gallup. The Gallup economic confidence index rose to a…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Baidu Inc. (NASDAQ: BIDU) cut to Market Perform at Raymond James and cut to Hold…
Courtesy Research in Motion Ltd.787 to Fly Again? Boeing Co. (NYSE: BA) is trying to get back in the game of flying its 787 Dreamliner. So far, the prospects do not seem very good,…
courtesy of KFCThe value of the shares in Yum! Brands Inc. (NYSE: YUM) rose consistently over the past five years, until a few weeks ago they were up well over 100% for that period.…
(July, 2011) Standard and Poor's State Credit Rating, Provided by The Tax FoundationJustice delayed might be not be justice denied, but as far as many regular U.S. citizens are concerned it seems justice was…
thinkstockThe United States begins a lawsuit against McGraw Hills Companies Inc.’s (NYSE: MHP) S&P for its role in the mortgage-backed paper debacle. (Reuters) BP PLC’s (NYSE: BP) fourth-quarter profits are strong though it faces…
ThinkstockThe AAA said today that the average U.S. price for a gallon of regular gasoline rose 5.2% last week, the fastest growth spurt in nearly two years, and added $0.174 to a the price…
U.S. equity markets opened lower this morning as concerns about European markets reared up again. The U.K.’s PMI came in lower than expected and consumer confidence was lower, sending equities markets on the continent…
ThinkstockThe McGraw-Hill Companies Inc. (NYSE: MHP) is trying to defend itself against a suit coming from the Department of Justice that goes back to the ratings agency’s involvement in helping to cause the great…
ThinkstockCritics of the behavior of the various ratings agencies may be getting some high-powered company. According to a report in The Wall Street Journal, the U.S. Department of Justice and some state prosecutors are…