New Year optimism is likely to be shaken by shocking numbers in the monthly employment report, with a loss of one million jobs coming “sooner than you might think,” ING Bank analyst Rob Carnell wrote in a research note.
“At the risk of sounding like ‘Dr. Evil’, there is a very real possibility of seeing monthly [...]
Filed under: Finance, Financial News, economy | No Comments »
If the plotline for 2009 was to start the year with an optimistic bang, corporate America doesn’t seem to be following the script.
Before anyone had the chance to soak in the early-year rally, a slew of big companies have come along with earnings warnings to temper the enthusiasm.
The warnings—from giants Alcoa, Intel and Time Warner—were [...]
Filed under: Finance, Financial News, Investing, Stocks, economy | No Comments »
Texas billionaire T. Boone Pickens said Tuesday that oil prices will rise above $100 a barrel by the end of 2010 as the global economy recovers.
Oil prices in the $40 a barrel range are “not going to be around much longer,” Pickens told a gathering at the James A. Baker III Institute for Public [...]
Filed under: Finance, Financial News, Global Economy, Investing, Stocks | No Comments »
If the news isn’t already bad enough we can always look forward to the “Big Three” failures. The situation is obviously not going to get any better in the near future. However, I’m on the boat hopping we’re doing something to help the companies though. It amazes me how we can spend [...]
Filed under: Ben Bernanke, Exciting Adventures, Finance, Financial News, Global Economy, Investing, Stocks, economy, federal reserve | No Comments »
Could pass up this story! I just bought 3k worth of stocks today increase a position I already had this morning and starting another, layed down for a nap woke up and was suprised to see I got shot in the foot! Lost $100 bucks thanks to the stupid ratings agencys messing with [...]
Filed under: Business Ideas, Finance, Financial News, Goals Direction, Investing, Stocks, economy, federal reserve, politics | No Comments »
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