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...
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This 2 part series will cover recent market developments about Berkshire Hathaway, points to a strategy on how you may benefit more on the same trades he did recently and an option trading strategy that probably Berkshire uses for maximizing it returns on the underlying they find worth investing. Don’t forget to read the big picture of US stock markets. Markets are behaving pretty much th...
The Senate is opening a probe into causes of the global financial crisis, focusing in part on whether bond-ratings firms, driven by conflicts of interest, boosted mortgage investments that have since collapsed.
Asian markets fell sharply after a late-day slump on Wall Street, with the health of the banking and auto sectors still cause for much concern. Japan's Nikkei dropped 6.9%, while Korea's Kospi Composite lost 6.7%.
The SEC adopted a rule that mutual-fund companies provide short summaries of key data about their funds.
Activist hedge fund Harbinger disclosed it has reduced its exposure to New York Times and Media General, two media companies on which it gained board seats this year after proxy fights.
Some mortgage companies are slashing the amount that borrowers owe, deciding that a permanent cut in the loan balance may pay off if that helps teetering borrowers avoid foreclosure.
Some traders remember the day in late October when Volkswagen shares more than doubled in value, sending short sellers on a mad dash to buy back the stock.
Obama is promising to intervene in the economy in ways that Washington hasn't tried since the 1970s.
The European corporate-bond market is beginning to show signs of reviving from the shock of Lehman's collapse in mid-September.
