Joseph Lazzaro

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Joseph Lazzaro, U.S. Editor, served as Managing Editor of New York-based financial news web sites WallStreetEurope.com/WallStreetItalia.com, 1999-2004, and as Economics/Markets Editor for AOL’s DailyFinance.com, 2008-2011.

Europe's Markets Inch Higher Friday at Mid-Day

European shares were poised to register their biggest annual drop since 2008 on Friday after a year marred by the Eurozone debt crisis that has threatened to drag down the global economy.

Nikkei, Asia Markets Close Higher Friday, Japan Down 17% for 2011

Japan's leading share average ended higher on Friday but marked a 17 percent loss for 2011, a tumultuous year in which massive natural disasters triggered a nuclear crisis and Europe's debt turmoil drained volumes, leaving investors uncertain of a turnaround next year.

Europe's Markets Close Higher Thursday on U.S. Data

European shares advanced on Thursday as upbeat data from the United States helped fuel a low-volume rally in the afternoon, although volatility also rose as investors hedged against lingering uncertainty in the Eurozone.

Asia Markets Close Mixed Thursday, With Some Bargain Hunting

Japan's benchmark Nikkei slipped on Thursday ahead of an Italian debt sale that could prove challenging in thin volumes, while the euro's tumble against the yen to a 10-year low pressured exporters. Meanwhile, most other Southeast Asian bourses edged higher on Thursday, helped by late bargain-hunting in big caps and dividend-yielding stocks

Obama Taps Stein, Powell for Fed Board of Governors

President Barack Obama will nominate Harvard economist Jeremy Stein and Jerome Powell, an investment banker and former Treasury official, to the two empty seats on the Federal Reserve's policy-setting board of governors.

Oil - It Still Has the United States Over a Barrel

Oil Shock III -- could another surge in oil prices to the stratosphere jeopardize another U.S. economic recovery? Indeed, it is possible, with oil pushing $100 per barrel as 2011 ends, and with little sign of retreating substantially despite sub-par U.S. gasoline demand.

U.S. Must Mirror France - Liberty, Equality, Fraternity, Fission

To reduce/eliminate climate change, the U.S. must sub nuclear power for coal at electric power generating plants, until more-advanced energy forms are available. And France is a good model to follow: it generates almost 79 percent of its electricity from nuclear technology and has successfully reprocessed nuclear fuel for decades.

Ron Paul - Is He Right About the U.S. Dollar, Inflation?

U.S. Rep. Ron Paul, R-Texas, has predicted rising inflation and a collapse of the dollar due to the U.S.’s fiscal and monetary policies, but roughly three years into the economic recovery, inflation remains moderate. And the dollar? It’s holding its own and may strengthen in 2012.

Boehner Agrees to Payroll Tax Cut Extension Deal, But Will House GOP OK It?

House Speaker John Boehner, R-Ohio, signaled that if the payroll tax reduction extension deal is not approved by the House via unanimous consent on Friday, he'll call the House back into session for a vote next week. Odds are, given the tax cut's popularity, the House GOP will approve it Friday, but as Yogi Berra famously said, It ain't over til it's over.

U.S. - A Paradigm Shift Away from Energy Independence

A paradigm shift regarding U.S. energy policy on oil has to occur. No, it won’t occur given the current make-up of the U.S. Congress, but eventually, for energy independence reasons, a paradigm shift is mandatory.

Three Stocking-Stuffer Stocks for the Holidays

Amid the holidays and making your list and checking it twice, what better time to consider one of 3 stocking-stuffer stocks that you can place by the chimney with care: General Electric (GE), CVS (CVS), Intel (INTC). These 3 companies are the kind of stock that you can buy for child's college fund, and in 10 years, you'll be really glad you did.

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