Economic Problems In China and Europe Fuels Earnings Worries
As the fourth quarter begins, U.S. investors are worried that the ongoing economic…
Author Archive for: EditorinChief
Citigroup Cuts Global Forecasts
Citigroup has again cut their global gross domestic product forecasts for 2011…
Greece Will Face Moment Of Truth On Thursday
European Union and International Monetary Fund inspectors are expected to return…
Research In Motion Jumps on Icahn Stake Rumors
Shares of Research in Motion (NASDAQ:RIMM) are up nearly 7% in afternoon trading…
UAW/Ford Talks And GM Deal Hit Home-Stretch
Talks between the United Auto Workers and Ford Motor Company for a new labor…
Minimum Wage Jobs = Poverty
Everyone agrees America needs more jobs to emerge from the economic slump this…
Buffett to Buy Back Berkshire Hathaway Shares
Berkshire Hathaway announced today that they will be buying back shares of their…
Precious Metals Taking a Big Hit This Week
Precious metals are getting hammered in one of the worst weeks in the stock…
Market Plunges As Recession Fears Rise
Thursday saw a volatile day on Wall Street as the results from the United States…
More Austerity For Greece
Greece is set to outline more austerity measures in order to secure a bailout…
MGM Up After Morgan Stanley Analyst Upgrades Shares
MGM Resorts International is up nearly 5% today after Mark Strawn, a Morgan…
ConAgra Profit Falls
ConAgra Foods Inc. (NYSE:CAG) released a statement on Tuesday stating its first-quarter…
Latest News
China Threatens Trade WarOctober 4, 2011, 10:22 amChina warned Washington it is adamantly opposed to a proposed U.S. bill aimed at forcing Beijing to let its currency rise, saying its passage could lead to a trade war between the world’s top two economies. The United States Congress voted on Monday to open a week of debate on the Currency Exchange Rate Oversight [...]
Minimum Wages Rise In Eight StatesOctober 4, 2011, 10:19 amGood news for minimum wage workers in eight states. The automatic annual increase in rates comes at a time when workers are desperate to increase income in this era of high food and energy prices. The following states require by law that minimum wages keep pace with inflation. Colorado, Montana, Ohio, Washington and Oregon recently [...]
Ford To Hire 12,000 By 2015October 4, 2011, 9:13 amFord Motor Co. (NYSE:F) said on Tuesday the company has signed a tentative, four year labor agreement with the United Auto Workers union. The new contract, once ratified, calls for 12,000 new hourly jobs to be added in the U.S. by 2015, and includes work once out sourced to Mexico, Japan and China. The pact [...]
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