Category: Economy

Fiscal cliff is ‘ticking time bomb’ for stocks

Fiscal cliff is ‘ticking time bomb’ for stocks

  Investment experts say the outcome of congressional elections will play a bigger role than the presidential race, since lawmakers in the House and Senate will dictate how to resolve the fiscal cliff. NEW...

Stocks: Investors playing a waiting game

Stocks: Investors playing a waiting game

  Click on chart for more premarkets data. NEW YORK (CNNMoney) — U.S. stock futures were little changed Tuesday as investors gear up for the unofficial start of the third-quarter earnings season. Aluminum producer...

HP: Why Bill And Dave Would Back A Break-Up Plan

HP: Why Bill And Dave Would Back A Break-Up Plan

      The time has come to break up Hewlett-Packard into parts. That’s the view of UBS analyst Steve Milunovich, who goes so far as to assert that founders Bill Hewlett and David...

Obama trounces Welch’s job record

Obama trounces Welch’s job record

Jack Welch’s hiring history isn’t much to tweet about. Obama critic Jack Welch FORTUNE — Jack Welch, the former CEO of General Electric, has attacked the notion that President Obama and his policies are...

Groupon And Zynga Are The Worst-Performing Stocks Of The Year

Groupon And Zynga Are The Worst-Performing Stocks Of The Year

Eric Lefkofsky (Photo credit: Wikipedia) Near the end of 2011, two hot Internet companies conducted rich initial public offerings that seemed to inaugurate a new Internet stock boom. Groupon, a daily deals web site,...

Why Apple Should Buy Nokia

Why Apple Should Buy Nokia

Journalist and technologist Tristan Louis has a reasonable argument here for why Apple should buy Nokia, now that the former has driven the latter to thebrink of dissolution. His case is built on several points: Apple needs more...

The Week Ahead: Is the Stock Market Right About the Economy?

The Week Ahead: Is the Stock Market Right About the Economy?

A number of experts believe the US is close to a recession if not already in one…but they’re having a hard time explaining the technical strength of the market, which often peaks or bottoms...

Unemployment Rate Drops to 7.8% But Path to Recovery is Murkier

Unemployment Rate Drops to 7.8% But Path to Recovery is Murkier

With the first presidential debate behind us, and the election just a month away, we have come upon that magical time of the year when the media filters each new datum through the lens...

Are We Already in A Recession?

Are We Already in A Recession?

New data give support to those who believe the U.S. economy is already contracting. What’s in a name? Would a recession by any other name be as painful? That’s the debate that raged a...

Why the Euro Crisis Is Nowhere Near Being Over

Why the Euro Crisis Is Nowhere Near Being Over

It’s astonishing, but everyone is behaving as though the euro crisis were over. Long-term bond yields are bellwethers of investor confidence. And over the past few months, yields on 10-year Spanish bonds have fallen...