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"Baby, you can drive my car /yes, I’m gonna be a star/ Baby you can drive my car /And maybe…
The Japanese stock market has closed down about 42% for the year. The US markets may do a little better…
GMAC finally got its designation as a commercial bank. That allowed the firm to get $6 billion in federal money,…
According to Reuters, GMAC will get $6 billion from the government with $1 billion coming through GM (GM). Reuters reports…
Markets in Asia were mostly higher. The Nikkei was up 1.3% to 8,860, but was down 42% for the year.…
The media has been full of news about how heavily retailers will have to cut store locations next year. Three…
Dow Chemical (DOW) Deal with Kuwait is dead. Falls to $14.93 from 52-week high of $43.43. Martha Stewart Living (MSO)…
Kirk Kerkorian used to be considered "smart money". He wears a dunce hat now that Ford (F) is back near…
In late 2005, China began to fill its strategic petroleum reserve of 102 million barrels. It has added to the…
Piedmont Natural Gas Company (NYSE:PNY) this morning reported results for its 2008 fiscal year, which ended on October 31st. The…
SCANA Corporation (NYSE:SCG), a producer and marketer of electricity, will be added to the Standard & Poor’s 500 Index after…
A Bloomberg review of the S&P 500 stocks shows that the fourth quarter of 2008 will probably be the sixth…
Billionaire Mark Cuban disclosed a 9.4%, or 1,200,000 share, stake in Carmike Cinemas, Inc. (Nasdaq: CKEC). Cuban did not hold…
Nothing could really stop the falling price of oil as it slumped from $147 last summer to well under $40.…
John Tamny RealClearMarkets As the year 1970 drew to a close, some of President Richard Nixon’s top economic advisors were…
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