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Source: ThinkstockWhen economists, investors and business people want to decide what the next three to 12 months look like, they have to choose from myriad sources to decide what the overall climate...
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The Federal Reserve Board unanimously approved a request by the Federal Reserve Bank of New York to decrease the primary credit rate from 3-1/2 percent to 3-1/4 percent. The Fed also authorized the...
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Chrysler cut a deal with Chinese car maker Chery to build small, gas efficient vehicles. Chrysler will market the cars worldwide. The deal is likely to torque off the UAW no end, and could make...
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Friday's economic reports showed that personal income, disposable personal income and consumer spending all rose by 0.5% in January.
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The companies announced late Tuesday that they entered into a definitive agreement under which a subsidiary of Seagate will commence a tender offer for all of the outstanding shares of Dot Hill.
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ADC Telecom (NASDAQ: ADCT) is trimming its fiscal revenue guidance and throwing out almost every other bit of key restructuring and financial data to offer some stability to the situation. The...
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The DCP Midstream board of directors has declared a regular quarterly dividend of $0.43 per share.
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Tom LaSorda, the CEO of Chrysler, says he will be his own sales and marketing director. The fellow who held the job until recently was sacked. LaSorda says he will focus on dealer relationships and...
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F. Scott Fitzgerald was right. One chance and one chance only. The Fed took its last step by cutting rates to zero and saying it will buy up all of the debt it can find, perhaps a trillion dollars...
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PTC Therapeutics traded higher Friday morning following the release of an incredibly positive analyst report.
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Gun ownership recently hit an all-time high in the United States. According to a November 2023 poll conducted by NBC News, 52% of American voters live in a household with at least one firearm, the...
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Joe Biden once called himself a “gaffe machine” and has proven the point in decades of cringy and hilarious faux-pas. Like many politicians, he has used Twitter/X to get his message out...
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According to a Monday report, the Digital Currency Group and its bankrupt subsidiary, Genesis, reached a preliminary agreement with the latter’s major creditors. The agreement is aimed at smoothing...
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Fiat Chrysler has said time and again that its Fiat brand can be turned around in the United States. It has introduced new models to do so. The plan has not worked.
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