Payroll Tax Cut Extension Focus Shifts to Senate
Regarding the payroll tax cut extension, the scene shifts to the Democratic-controlled Senate, after the Republican-led House Tuesday passed, on a largely party-line vote, an extension that contained many pet project items that Democrats oppose, including a speed-up of the controversial Keystone XL oil pipeline.
Europe's Markets Lower Wednesday at Mid-Day on EU GDP Growth Concern
European shares fell on Wednesday at mid-day after the Federal Reserve warned that the Eurozone debt crisis was a risk to the U.S. economy and did not signal any fresh stimulus measures to boost growth.
Nikkei, Asia Markets Close Lower Wednesday on Downbeat Europe View
Most Southeast Asian stock markets closed weaker on Wednesday in light trading volumes after the Federal Reserve warned that turmoil in Europe poses a big threat to the world's biggest economy.
Nordstrom: Retail Gem - Stock Review
It's an understatement to say that the Great Recession took its toll on department store chains, but there are survivors, and Nordstrom (JWN) is one.
Europe's Markets Close Mixed Tuesday After Merkel Comments
European marketss ended mixed Tuesday in thin trade as firmer crude prices boosted energy stocks, although the market cut gains after sources said German Chancellor Angela Merkel was against a raising of the funding limit for Europe's future bailout fund.
OPEC’s Likely December Stance - Sit Back and Let the Money Roll In
With oil prices already high at/near $100 per barrel and the global economy no where near its GDP output potential, OPEC is once again in the catbird seat as it heads into its December meeting.
Europe's Markets Rise Tuesday at Mid-Day on German Economic Sentiment
European shares rose on Tuesday, bouncing from a steep sell-off in the previous session, though strategists said investors would need to feel more confident about a resolution to the Eurozone crisis before the market could break out of a recent range.
Nikkei, Asia Markets Close Mostly Lower Tuesday on Europe Downgrade Concerns
Most Southeast Asian stock markets fell on Tuesday on fears that any fresh credit rating downgrades in Europe will deal a fresh blow to financial markets and the cooling global economy.
U.S Home Buyers Beware - This Is Not Your Father’s Housing Market
There’s nothing quite like home ownership. However, given a glut of housing in the U.S. stemming from market speculation and other factors, prospective home buyers need to carefully evaluate their decision to purchase.
Consider Chevron to Profit From Those Prices at the Gas Pump - Stock Review
High U.S. gasoline prices making you steam? Well, you can rage against the gas pump, or you can profit from the trend, by considering shares in Chevron (CVX), according to one stock reviewer.
Europe's Markets Monday Record Biggest 1-Day Drop in 3 Weeks on Budget Concerns
European shares posted their biggest fall in three weeks on Monday, as investors worried the measures outlined at last week's EU summit to strengthen budget discipline would be of only limited value in resolving the Eurozone debt crisis.
Assuming An Italian Government Default, Where Should You Put Your Money?
With European Union leaders implementing measures to stabilize government finances at a Galacial pace, what represents the best asset class in the event of a government default by Italy?
Europe's Markets Fall Monday at Mid-Day as EU Deal Enthusiasm Ebbs
European shares retreated on Monday as enthusiasm faded over a European Union deal on greater fiscal integration, with the market unconvinced that the EU has done enough to provide immediate relief to the Eurozone's indebted countries.
Asia Markets Close Mostly Higher Monday on Europe Hopes, But Doubts Persist
Major Southeast Asian stock markets rose on Monday on the European Union's deal to pursue stricter budget rules, but investors remained cautious and concerned about whether Europe is taking sufficient steps to resolve its debt crisis.
Five Classic Rock Videos
Here are five classic videos from the era when rock ruled the airwaves -- ranked from least to most favorite. Enjoy.
U.S.’s Economic, Social Problems Are Obvious, With or Without Occupy Wall Street
Ignoring the U.S.'s major economic/social problems won’t make them go away. And neither will voting against liberals or Obama. On the contrary, those latter two actions will make the problems worse, leading to more disenfranchised Americans -- the others -- and even bigger economic/social changes in the years ahead.
Europe's Markets Close Higher Friday on EU Fiscal Deal
European shares rose on Friday in a tentative relief rally, recouping back most of the losses in the previous session after a majority of European leaders agreed to work towards stricter budget discipline, at a crucial summit.
Europe's Markets Rally Friday at Mid-Day on EU Agreement to Tighten Budget Rules
European stocks were up around mid-day on Friday in a roller coaster session, with a key index bouncing between major technical levels following an agreement by European leaders for tighter Eurozone budget rules.
Nikkei, Asia Markets Close Lower Friday On EU Rescue Plan Doubts
Southeast Asian stock markets fell on Friday on growing doubts that European leaders will be able to forge a credible scheme to contain the euro zone's debt crisis at a summit in Brussels.
Jobless Claims' Drop to 381,000 Another ‘Ray of Light’ for Investors, Job Seekers
Initial jobless claims are dropping -- they're down to 381,000 but they will have to continue to decline to give investors confidence that the current U.S. economic expansion is sustainable.
Europe's Markets Close at One-Week Low Thursday on ECB, EU
European shares fell to a one-week closing low on Thursday after European Central Bank President Mario Draghi gave no indication it would aggressively increase its bond-buying program and said the region's economy faced increased downside risks.
Five Factors That Could Cost Obama the 2012 Election
President Barack Obama needs several factors to break his way to improve his chance for re-election in 2012 -- the most important of which is U.S. job growth.
Europe's Markets Lower Thursday at Mid-day on ECB Comments
European shares fell in a choppy afternoon session on Thursday, erasing earlier strong gains, with traders saying the market came under pressure after European Central Bank President Mario Draghi cautioned on the region's economic outlook.
Nikkei, Asia Markets Close Lower Thursday on EU Meeting Caution
Southeast Asian stock markets fell on Thursday, anxious about coming key events in the euro zone and as doubts emerged about the ability of European leaders to agree on a plan to tackle that region's debt crisis.
Is JC Penney’s Stock Headed to $40 and Beyond in 2012? - Stock Review
Now is not the time for experimental business models, which means now is the time to consider JC Penney (JCP), according to one stock reviewer.
Europe's Markets Close Lower Wednesday on EU Summit Concerns
European shares slipped back slightly in cautious trade on Wednesday, ahead of a EU summit this week, amid uncertainty about the chances a comprehensive deal would be reached to help end the region's debt crisis.
Europe's Markets Turn Negative Wednesday at Mid-Day As Pessimism Returns
European shares turned negative on Wednesday at mid-day after downbeat comments from a German politician about the chances for a comprehensive deal at a leaders' summit this week, aimed at resolving the region's debt crisis.
Nikkei, Asia Markets Close Mostly Higher Wednesday on EU Summit Hopes
Most Southeast Asian stock markets rose on Wednesday on optimism that European leaders will take strong steps to resolve the region's debt crisis at a summit later this week.
70 Years Ago Today: December 7, 1941: The Day of Infamy - Attack on Pearl Harbor
It is, arguably, the saddest day in U.S. military history -- certainly in modern U.S. military history: the attack on Pearl Harbor, Hawaii, on Sunday, December 7, 1941 -- a shocking event in U.S. history that ushered the United States into World War II.
Europe's Markets Close Mostly Lower Tuesday on S&P Warning
European equities finished weaker in a choppy, thinly-traded session on Tuesday, led lower by retail shares after the world's No.4 retailer Metro issued a profit warning saying the Eurozone debt crisis was undermining consumer confidence.