Many market strategists credit the Federal Reserve with the rally that has pushed the Dow and the S&P 500 to record highs.
More good news on the housing market.
Niall Ferguson has two words for Paul Krugman: you’re wrong. The Harvard University history professor and author of “Civilization: The West and the Rest” says Krugman’s pro-government spending thesis not only fails to address the core problems facing the U.S. and Europe today but also has dire consequences for individuals living in these economies.
It was one week ago this Tuesday that a hacked AP account tweeted, “Breaking: Two Explosions in the White House and Barack Obama is injured” to its 1.9 million followers. Moments later, the @AP twitter handle released a statement saying they had been hacked and that President Obama was fine, but the markets had already reacted
One of the big problems in the U.S. economy right now is that big corporations are generating record profits not by growing revenues but by cutting costs. "Costs," as everyone who works for a big corporation knows, are a synonym for employees, employee wages, employee perks, capital investment, and research and development
Almost four years after the Great Recession officially ended in June 2009, the U.S. economy remains mired in sluggish growth with high unemployment and stagnant wages
Gold soared Friday morning to just below $1,475 an ounce, but by the afternoon the gains were gone and gold was down almost $9 an ounce.
The United States government has had two years to head off automatic "sequester" spending cuts that most people agreed were unnecessary and almost everyone hated. But these days, the government doesn't do anything unless public anger hits such a state of fervor that Congress -- people actually begin to fear for their jobs.
Fiat, Italy’s biggest manufacturer, is reportedly considering buying the 41.5% of Chrysler that it doesn’t already own, then taking the combined company public in a new IPO.
When it comes to alternative currencies, gold is usually the tender of choice. David Morgan, publisher of The Morgan Report and creator of Silver-Investor.com , disagrees