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Stocks Move Higher on Durable Goods news 27 Aug 2013 | 09:55 am
On Wall Street these days, sometimes bad news means good news. Stocks moved up Monday as new data from the Commerce Department show orders for durable goods dropped in July. Why is the bad news good...
Italian Jobs Sparked Over Controversy 26 Aug 2013 | 09:36 am
His name is Giovanni Pagotto. He’s an Italian manufacturer of plastics and his comments on Italian youth and Italian jobs has sparked a controversy in the boot-peninsula nation. Pagotto’s comments o...
Microsoft’s Steve Ballmer to Retire 23 Aug 2013 | 07:43 pm
He’s the only CEO Microsoft has never known besides founder Bill Gates, but now after 33 years with the company Steve Ballmer says he will retire. Ballmer is 57 and was the 30th employee for the new ...
Sears Reporting Reveals 2Q Losses 22 Aug 2013 | 04:44 pm
Sears reporting for the 2nd quarter shows losses became greater as it closed even more stores and is still dealing with the ill effects of its Hometown and Outlet brand. Sears is not the only large r...
Stock Futures Down on Wall Street 21 Aug 2013 | 07:39 pm
Stock futures were down on Wall Street Wednesday as investors for the most part stayed on the sidelines, waiting for the first minutes from the Fed’s annual meeting in Jackson Hole, Wyoming. More bad...
Home Depot Reporting Shows Quarterly Gains 20 Aug 2013 | 05:33 pm
As the housing sector continues to grow, as home values and new home construction continue to rise, it’s not hard to see why Home Depot is prospering at the same time. Home Depot reporting for the 2n...
Emerging Economies Continue Currency Routs 19 Aug 2013 | 07:04 pm
As the Fed in Washington DC moves closer to reducing its stimulus spending, and emerging economies continue to see growth stall, major currencies from these developing countries continue to fall. In ...
China, Japan Cashing in Treasury Bonds 16 Aug 2013 | 05:27 pm
Both Japan and China are among the leading sellers of Treasury bonds back in June when the Fed first announced it would be scaling back its monetary policies. Since then, the yields on Treasuries hav...
Escondida Copper Mine Hit by Strike 16 Aug 2013 | 12:34 am
It was a complete surprise when employees of the Escondida copper mine in Chile showed up Wednesday morning not to work, but to strike instead. The strikers are demanding better working conditions and...
JCPenney Now Turns Focus to Sales 15 Aug 2013 | 12:10 am
Now with the whole William Ackman drama behind it, JCPenney begins looking down the road toward the holidays and the big question: can it turn its dismal sales record around? All the in-fighting asid...
