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 U.S. top court to hear business method patent case
Software, biotech firms and others who develop new ways to do business will be watching closely on Monday as the U.S. Supreme Court hears a case that could determine if such innovations can win patent ...
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 Obama weighs steps to spur jobs, wary on deficit
U.S. President Barack Obama on Friday listed a range of fresh options being considered by the White House to spur growth after "sobering" news that unemployment spiked to a 26 1/2-year peak last ...
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 Some Muslims fear backlash after Fort Hood shooting
Arab and Muslim Americans on Friday braced for the possibility of verbal or physical attacks after an Army psychiatrist of Arab descent allegedly killed 13 during a shooting rampage at a military base in ...
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 Berkshire reinsurance volume limited by Burlington
Warren Buffett's Berkshire Hathaway Inc said it plans to limit the amount of business underwritten by its reinsurance operations, as it prepares to spend roughly $26 billion to buy railroad operator Burlington Northern Santa Fe ...
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 Shell to pay $19.5 mln for California violations
California was awarded $19.5 million in a settlement against Royal Dutch Shell Plc's U.S. unit for not storing fuel properly at filling stations in the state, Attorney General Jerry Brown said on ...
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 Freddie Mac posts $5 bln loss, predicts weak housing
Freddie Mac, the second largest provider of U.S. residential mortgage funding, on Friday posted a loss of $5 billion in the third quarter and predicted it would need more government support amid a "prolonged deterioration" in ...
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Silver Market Update
Whereas gold has forged ahead to new highs in recent weeks, silver has got bogged down working off overhanging supply, which is the price it is paying for having dropped like a rock last year, so that even though it has risen proportionally more than gold this year, it had so much ground to make up ...
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Gold Market Update
Last week gold's major new uptrend became established when following a successful test of support at the breakout point it advanced to new highs, indifferent to temporary dollar strength. The new uptrend is expected to be at least of similar magnitude and duration to the great uptrends of 2005 - ...
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Victor Gonçalves Favors Juniors to Win the 2009 Gold Series
An avowed Keynesian, Equities and Economics Report writer Victor Gonçalves braces against the economic gale-force headwinds that threaten to whip gold's stellar run into seasonal weakness. But, before the new year, the yellow metal will generally see more strength than weakness, according to ...
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Class Is Now In Session
Speculation early this morning was that U.S. employers likely have cut only 150,000 jobs in the month of October, a figure which would be the lowest in more than a year. The worst labor-market slump since the 1930s is now seen as possibly bottoming out, and the possibility of future consumer ...
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Crude Drop Below $80/bbl in the Wake of Weak U.S. Data
Crude's psychological $80/bbl level has finally given way as our 2nd tier downtrend line reaches an inflection point with what are now our 2nd and 3rd tier uptrend lines. Crude futures have even declined beneath our new 1st tier uptrend line, which runs through previous November lows. Therefore, ...
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China presses developed world on policy after G20
China on Saturday shrugged off international pressure to appreciate its currency, saying developed countries should focus on the quality of their own economic policy-making. Chinese Finance Minister Xie Xuren, speaking after finance ministers and central bank governors of the Group of 20 nations ...
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GBP/JPY Weekly technical Outlook
GBP/JPY rebounded strongly after dipping to 146.36 last week but after all, such rebound was limited at 151.21, below 151.72 resistance and thus retain the bearish outlook. That is, rise from 139.69 should have completed at 153.21 already. Friday's break of 148.56 minor support suggests that rise ...
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EUR/JPY Weekly technical Outlook
EUR/JPY recovered strongly last week but after all, upside was limited below 135.97 resistance and thus retain the near term bearish outlook that fall from 138.47 is still in progress. Friday's fall and touching of 133.24 minor support, with 4 hours MACD crossed below signal line, suggests that ...
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EUR/CHF Weekly technical Outlook
EUR/CHF continued to gyrate in established range last week and outlook remains unchanged. Risk remains on the downside with 1.5238 resistance intact and another fall cannot be ruled out. But even in that case, downside should be contained by 1.5007 key support to complete the fall from 1.5364 and ...
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 Warren Buffett lunch sells for £1 million on eBay
A bidder agreed to pay $1.68 million (1 million pound) for a steak lunch with billionaire investor Warren Buffett in a charity auction completed Friday night, according to eBay's website, where the bidding took ...
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Vanishing Credit Lines for Consumers and Small Businesses
In Credit Card Lending Goes Full Cycle I posted an Email from Scott who was denied a credit card by Capital One on the basis of where he lived. Capital One did not even bother with a credit check that would have sown that Scott had a FICO score of ...
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What the Really Smart Money is Buying
We talked about an hour after the markets closed. At the time, a Reuters headline proclaimed, "Worst January Ever for Dow, S&P 500." The Dow sat at ...
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 Kanye West taking time off after debacle
A day after Kanye West earned widespread scorn for upstaging Taylor Swift at the MTV Video Music Awards, the remorseful rapper said on Monday he would take time off to reflect on his ...
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 Kanye West outburst mars MTV music video awards
The MTV video music awards held on Sunday paid tribute to the late Michael Jackson, but was overshadowed by an outburst by rapper Kanye West, who interrupted an acceptance speech by U.S. singer Taylor ...
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Healthcare: at the crossroads
Healthcare reform today is being avidly discussed in political, social, medical and business circles around the world. In developing countries, the billions of dollars spent on containing the spread of HIV/AIDS and other pandemic diseases such as TB and malaria, are beginning to show some positive ...
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INSEAD at 50: The defining years
The enduring idea on which INSEAD was founded came from the man considered to be one of the founders of the venture capital industry, Georges Doriot, a French-born, naturalised American who had both studied and taught at Harvard Business School.At the end of the Second World War, Doriot saw two ...
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How economic excesses of the past are influencing the present
The global economic environment of cheap money in the past two decades has been an aberration, which has led to today’s “massive capacity destruction” of natural resources, says Pippa Malmgren, President and Co-founder of the financial services firms the Canonbury Group and Principalis Asset ...
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 Rio wins 2016 Games as IOC rebuffs Obama
Rio de Janeiro won a resounding vote on Friday to stage the first Olympics in South America in 2016, rebuffing U.S. President Barack Obama, who had personally lobbied for his adopted hometown ...
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 Storm Bill loses steam in North Atlantic
Hurricane Bill weakened to post-tropical storm status on Monday after lashing Eastern Canada with heavy winds and rain and pounding the U.S. East Coast with heavy seas that killed two ...
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Bulgaria Tourism Arrivals Decline In June
Monday, Bulgaria's National Statistical Institute announced that the visitor arrivals from abroad decreased 12.7% year-over-year in June. The number of visitor arrivals totaled ...
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Cyprus Tourism Revenue Drops In May
Monday, the Statistical Service of the Republic of Cyprus said the tourism revenue decreased 17.3% year-over-year to EUR 158.1 million in May, compared to the 0.3% fall in the preceding ...
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 Forty leaders plan to attend climate talks: U.N.
About 40 world leaders plan to go to Copenhagen next month to boost the chances of clinching a U.N. climate deal, the United Nations said Friday as preparatory talks wound down with scant ...
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 Ocean Power wins grant for Australian wave project
Renewable energy firm Ocean Power Technologies has won a A$66.5 million ($61 million) grant from the Australian government for a project set to be one of the first to generate power from waves on a utility ...
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 Carbon futures wilt on climate pact delay
European Union carbon emissions futures wilted slightly on Friday but were largely unaffected by news that a U.N. climate pact will likely be delayed into 2010, traders ...
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Gold retreats from record as dollar firms
Gold prices retreated on Thursday from the record highs they hit in the previous session as the dollar rose ahead of policy decisions from the UK and the euro zone, which curbed appetite for assets seen as higher ...
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 Asian shares dip on Fed outlook
Asian shares fell on Thursday, while the dollar recovered most losses made after the U.S. Federal Reserve vowed to keep rates near zero for "an extended period" and saw a sluggish recovery in the world's biggest ...
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 Asia shares dip; dollar shaky on cautious Fed
Asian shares dipped on Thursday, and the dollar fell after the Federal Reserve vowed to keep rates near zero for "an extended period" and said the recovery of the world's biggest economy would be ...
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Yen cuts earlier gains as it slides vs Aussie
The yen reversed steep early gains and slid on Monday in choppy trade as market players bought the Australian dollar against the Japanese currency ahead of an expected rate hike in Australia this ...
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 Droid Wars: Motorola Droid VS HTC Droid Eris
The HTC Droid Eris began selling available alongside the Motorola Droid today in Verizon stores nationwide and its appears to be ahead of its Droid competitor in three key ...
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 Stimulus, not transactions tax needed: Geithner
Treasury Secretary Timothy Geithner on Saturday stressed the necessity of keeping global economic stimulus in place until recovery is assured and opposed the utility of a tax on financial transactions as a way to dampen risky bank ...
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 UK gives impetus to global banks tax
Britain urged world governments on Saturday to consider a levy on banks to fund future bailouts, departing from long-held opposition, though there was little sign of the consensus needed to make it ...
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 Britain gives impetus to global tax on banks
World governments should consider urgently a levy on banks to fund future bailouts, British Prime Minister Gordon Brown said on Saturday, departing from London's longstanding resistance to a global ...
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 Rethinking the China Bubble
It has caused me to rethink the growing bubble in Chinese markets. And that we may have thought a bit too much, looking too closely at key economic fundamentals like electricity consumption and age demographics in the ...
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The Feds Have No Faith in Recovery
The stock market has enjoyed a significant rally since the end of the first quarter. The Bureau of Economic Analysis reported last week that the economy grew at a 3.5% annual rate in the third quarter--a ...
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The Next Crisis: Spiralling Inflation - Part 1
The US economy contracted for four consecutive quarters since October 2008, something we have not seen since the Great Depression. A V-shaped recovery is simply not in the cards because the credit crisis has caused deep, systemic damage. Having said that, if the recession ends this year, it ...
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USD future and a world currency
With the USD fluttering around 76 on the US Dollar currency basket index, the USDX it's a good time to pontificate on its near term future, and longer term future. Gold's big rally since 2002 begs a lot of major ...
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 Magna shares race higher on earnings, Opel fallout
Shares of Magna International Inc surged nearly 15 percent on Friday, a day after it posted a surprise quarterly profit and said it would focus on its core auto-parts business after the collapse of its deal to buy a stake in General Motors Co's Opel ...
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U.S. bill would overhaul annual phone fund
U.S. lawmakers said on Friday they introduced a measure aimed at overhauling an annual fund intended to ensure nationwide telephone service in high-cost, rural areas by including money for high-speed Internet ...
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 Wall Street firms skittish about RUSAL IPO: report
Wall Street firms are in a quandary about getting involved with a planned public offering of Russian aluminum producer UC RUSAL because its founder has been barred from getting a U.S. visa on account of allegations that he is connected to organized crime, the Wall Street Journal reported on ...
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In Case You Missed It - the Week's Most Popular Posts
What readers were most interested in this weekGoldman Sachs Q3 Winning Percentage: 98.4% - here Warren Buffet's Berkshire Hathaway to Acquire Burlington Northern; Split Shares - here STEC Crashes 30% on EMC Inventory Warning - here Las Vegas Sands Earnings "Ok" but CEO Talk Supports ...
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ETFs For Jim Rogers, ETFs for Nouriel Roubini
This is where it gets interesting... when two gurus start calling each other to the carpet. Jim Rogers slammed Nouriel Roubini recently, chastising his fellow guru with, "It's clear that Mr. Roubini hasn't done his homework, yet ...
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Mayor Bloomberg: New York is city of immigrants
New York Major Michael Bloomberg announced Tuesday platform for the next mayoral elections saying that American visa holders and American immigrants have made the Big Apple the city that it is and deserve to be recognized. ...
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