fiscal cliff
Source: courtesy of Wal-Mart StoresWal-mart Stores Inc. (NYSE: WMT) announced this morning that its board of directors has approved a change to the payment date for the company’s fourth-quarter...
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Fitch Ratings has a report out this Monday showing its expected impact on the transportation based upon a GDP impact from the coming (and still tentative, hopefully) Fiscal Cliff. The report shows as...
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Source: thinkstockPositive comments following a meeting this morning between President Obama and Congressional leaders from both political parties lifted equity prices after another morning of market...
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Source: thinkstockToday is potentially a make or break day when it comes to a corporate voice on how to avert SOME of the issues with the coming fiscal cliff. Leaders of labor got meet with Obama on...
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Source: ThinkstockPoliticians and economists continue to try to figure out what effects the fiscal cliff will have on consumer spending and business activity as a possible recession looms. Even if...
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Source: ThinkstockThe most widely covered story by the financial press, and perhaps the news media in its entirety, between now and year’s end will be the war between the president and Republicans...
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Source: ThinkstockElection Day has come and gone. President Obama won a second term. The current electoral vote was by a margin of about 3 to 2 (unofficial), but the percentage last seen was only...
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Source: ThinkstockDespite concerns that Hurricane Sandy might have hurt gasoline supplies and closed some refineries, gas prices continue to fall, and fall rapidly. According to AAA Fuel Gauge data,...
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Source: thinkstockEconomists and business chiefs increasingly say that trouble in Europe is the greatest threat to the world’s financial and GDP futures. In addition, political stability in many...
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Analysts at Fitch Ratings have released their latest “Risk Radar” report today with a mixed message on the impact of the looming U.S. fiscal cliff. While the agency says “the urgency” of the...
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The defense industry has been warning about the effects of the coming fiscal cliff for several months now. If Congress fails to come to a resolution on how the U.S. will begin to solve its fiscal...
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About 14% of the total federal government workforce could lose their jobs if U.S. lawmakers cannot figure out a way to avoid the looming fiscal cliff. That’s 277,000 non-military jobs, of which...
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A growing number of analysts believe the stock market cannot match its 5% advance in the third quarter. Among the most obvious reasons are worries that the fiscal cliff will slow or reverse hiring...
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The fiscal cliff has been described as a potential disaster for the finances of individuals and corporations alike. If Congress and the White House do not reach an agreement on the budget and tax...
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The math is very crude. The Wall Street Journal reports that Bank of America Corp. (NYSE: BAC), still desperate to turn itself around, will fire 16,000 people this year. Compare that to the 100,000...
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