Stocks closed near session highs Friday, with the Dow erasing its losses for the year, as investors welcomed a better-than-expected report on the U.S. job market.
Dow back in the black for 2010
Posted in Finance by businessman 9 minutes ago (http://rss.cnn.com)A New Digital Battlefield
Posted in Finance by financewhizz 16 hours ago (http://online.wsj.com)
TV shows are emerging as a new front in the war over digital media between Amazon.com and Apple amid their ongoing battles over electronic books and online music.
Gadhafi Urges Italians to Convert
Posted in Finance by financewhizz 3 days ago (http://online.wsj.com)
Libyan leader Col. Moammar Gadhafi, who holds increasing sway over the Italian economy, upset some Italians by urging conversion to Islam during a three-day visit to the home of Roman Catholicism.
Stocks drop as fear returns
Posted in Finance by businessman 4 days ago (http://rss.cnn.com)
Stocks fell sharply late Monday, ending a lackluster session more than 1% lower, as investors turned bearish ahead of big economic reports due later this week.
Federal Reserve Ponders Bolder Moves
Posted in Finance by financewhizz 6 days ago (http://online.wsj.com)
Fed Chairman Bernanke opened the door to bolder central bank moves to revive the economy. Separately, the Commerce Department revised down its estimate for second-quarter GDP growth.
Say goodbye to the McMansion
Posted in Finance by businessman 8 days ago (http://rss.cnn.com)
The American home is shrinking. Toll the bell for the McMansion.
Attack at Somali Hotel Kills 31
Posted in Finance by financewhizz 9 days ago (http://online.wsj.com)
Islamic militants attacked a hotel less than a mile from Somalia's presidential palace, killing as many 31 as people, in a fresh blow to a Western-backed government already reeling from an insurgency allied with al Qaeda.
5 'new normals' of the economy
Posted in Finance by businessman 12 days ago (http://rss.cnn.com)
Whenever we go through a major change in our culture, it seems we have to adjust to 'the new normal.' And today is no exception -- as the U.S. economy struggles to recover from the financial crisis, Americans are being forced to reckon with more 'new normals' than we'd like.
German Industries Rebuke Chancellor
Posted in Finance by financewhizz 13 days ago (http://online.wsj.com)
Germany's ruling center-right coalition, struggling to reverse its declining approval ratings, is losing support from one of its traditional constituencies—big business.
Subsidies Cuts Worry Renewables Investors
Posted in Finance by financewhizz 16 days ago (http://online.wsj.com)
European governments are finding themselves forced to scale back aid amid budgetary pressures and worries about high power prices eroding consumer spending—causing pain for investors and the renewables industry.
Higher taxes for the rich
Posted in Finance by businessman 16 days ago (http://rss.cnn.com)
If you're a wealthy American, you've probably heard that your tax bill will be higher next year if President Obama has his way. But how much more are you really going to pay?
Apple Worker Faces Kickback Charges
Posted in Finance by financewhizz 19 days ago (http://online.wsj.com)
An Apple manager was arrested Friday on charges tied to his allegedly receiving at least $1 million in kickbacks from six companies in Asia that serve as suppliers to the Silicon Valley company.
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