U.S. stocks are on track to fall for a third straight session today, marking the first three-day skid of 2013 for the market. Partially to blame are fears of a reduction in Fed stimulus efforts and retailers’ low profit forecasts. more»
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My preference for speaking directly with company leaders pays big dividends. I wrote last week about my recent participation at the Las Vegas MoneyShow, and I shared that I served on a number of panels and hosted several others as well. During the last few MoneyShows, I’ve become the go-to guy for hosting the public company panels, and I’ll be more»
An interesting new report involving the “SS-4″ reveals a stunning secret about some of America’s wealthiest people. To find out exactly what they’re doing, and how it could make you America’s next millionaire, just go here.
Daily Data Flow: Jobless Claims Data Shows Improving Market; Student Loans Reach Record; Stocks Drop
The labor market continues to prove its resiliency as the number of Americans filing claims for unemployment benefits fell more than expected last week. more»
Japan’s Nikkei Index Falls 7.3% for Several Reasons; Europe and U.S. Indexes Dip after Japanese Nosedive; JPMorgan Voters Keep CEO Dimon
The Japanese stock market’s single-largest, one-day loss since the 2011 tsunami featured a 7.3 percent plunge yesterday that was blamed on lower-than-expected Chinese manufacturing figures for April, the Federal Reserve’s lack of a clear message on continuing quantitative easing and spiking Japanese bond prices. more»
Home Sales Reaching Fast Pace; Dollar Rallies to Highs on Bernanke’s Comments; Stocks Fall on Concern Fed will Scale Back Stimulus
Strong demand and limited supply have been boosting home sales to hit a pace that is nearly three times as fast as normal. more»
Agribusiness stocks have showed gains in the past year, despite 2012’s damaging U.S. drought. Increasing world population and emerging economies have contributed to agriculture’s growth. An ETF that tracks the global performance of the agribusiness sector is IQ Global Agribusiness Small Cap ETF (CROP).
This non-diversified fund seeks investment results that correspond to the price and yield performance of its underlying more»
It’s often said that the key to a successful business is to provide customers what they want. Well, perhaps that’s the mindset of Federal Reserve Chairman Ben Bernanke, as he keeps giving the bulls what they want.
Today, the Fed chief told Wall Street what most everyone had expected, namely that the central bank will continue its easy-money policies until the more»
Fannie Mae and Freddie Mac Become Cash Cows; Government Execs up for Millions in Bonuses; Samsung and LG Dump Millions into Faulty Tech
Fannie and Freddie Mac likely will post combined 2013 net income of more than $100 billion — more than both Exxon (XOM) and Apple (AAPL). more»
Daily Data Flow: Fannie Mae Becomes Cash Cow; Dollar Dips on Official’s Remarks; Stocks Rise on Recommendation to Keep Stimulus
Mortgage giant Fannie Mae reported a record net income of just more than $58 billion for the first quarter, causing its share price to surge over 500 percent during the last three months. more»