According to Reuters, Japan exports hit their lowest level since 2002. Reuters writes that hopes for an auto bailout in this session of Congress are poor. Reuters reports that the US is looking into lending practices at Golden West. Reuters reports that small businesses are being hurt by trouble on Wall St.Reuters reports that a bank analyst said financial firms need another $1 trillion in capi...
Results 1 - 10 of 1878 for "TAG"
Enrollment in a late-stage trial of a cancer drug was suspended after patients on the drug died more often than those on placebo.
The FOMC minutes were just released from its recent 10/28 - 10/29 meeting. Here are the highlights: The information reviewed at the October meeting indicated that economic conditions deteriorated in recent months. The labor market weakened further in September as private payrolls fell at a faster pace than earlier in the year and the unemployment rate remained above six percent. Industrial prod...
One rule that's held consistently in the recent market is that reaching for yield has cost investors in performance. I took a look at the FINRA data and the numbers were eye-opening. Here are the advance/decline numbers this past week for bonds in their investment grade index and bonds in their high-yield index (in parentheses):Tuesday, Nov. 18th: 1611/1232 (347/639)Monday, Nov. 17th: 1374/1422...
I was lightly long going into this morning where I flipped that position and added to it at the close. I’m short the SPX only. I’m looking for a nasty day tomorrow where maybe we see an intraday reversal. Maybe not. I sold TZA waaaay to early but still managed 7%. I actually had TZA down at 90, but stopped myself out on panic early in the day. Tags: spx, tza
Forex traders saw the US dollar rise sharply in the early stages of the credit crunch despite disappointing US economic fundamentals. The appreciation...
Collectible Investments: 100-year old $20 gold piece up 65% in past five years
Wed, Nov 19, 7:10 PM ET
Filed under: Other issues, ColumnsCan investing and collecting go hand-in-hand? Yes -- especially if you are collecting coins, stock certificates, bank notes or other rare items of value. Larry Schutts, an expert in investment-related collectibles, will review items of interest from his collection and answer your questions here each week.Some 40 million American adults are considered collectors...
Filed under: Wal-Mart (WMT), Best Buy (BBY), Costco Wholesale (COST), Economic data, RecessionElectronics giant Best Buy (NYSE: BBY) is not only suffering from the worst consumer holiday spending meltdown in years, but its beleaguered customer base is now fleeing to discount retailers like Wal-Mart (NYSE: WMT) and Costco (NASDAQ: COST). So it appears Best Buy is getting hit with a double whammy...
Filed under: Law, Scandals, Financial Crisis This post is part of a feature in which he wonder whatever happened to some notorious financial felons. See all 17. Bernard Ebbers, WorldCom's founder, built it into the world's largest telephone company, then drove it into the ground with his illegal dealings. He overstated WorldCom's cash flow by improperly booking $11 billion in company revenues. ...
Filed under: Forecasts, Politics, Federal Reserve, RecessionThe case for a large fiscal stimulus package has received a shot in the arm, but as with so many economic developments during this decade, there's an upside and a downside.A group of about 100 CEOs has urged President-elect Barack Obama to "quickly implement" a stimulus package of roughly $500 billion. The CEOs said the package should ...