President Obama told Central American leaders that children crossing the U.S. border without valid claims to stay would be sent home.» Read More
The markets are doing well for the second day because the awful jobs number on Friday has convinced traders that a huge stimulus package is coming. President-elect Obama did nothing to dispel that notion over the weekend.
With President-elect Obama pledging to rebuild the economy from the inside out, infrastructure stocks could be big winners.
It is probably no coincidence that the interim bottom for the equity market was set the day before President-elect Barack Obama began a series of public announcements and appearances meant to address the economic and financial crisis, stabilize the financial markets, and shore up confidence.
Even if you the financial crisis has caused major losses in your investment portfolio. that doesn't mean you're without capital gains. And even if you are, there's a a bit of silver lining to all those losses.
The awful payroll numbers on Friday finally seems to have galvanized Washington and the rest of the world--stimulus fever is now global, with additional packages in India and discussions of more in China and France.
Stocks continued to rally Monday as hopes for an auto bailout and action by world governments helped offset the grim reality of a fresh wave of layoffs.
The equity turn around Friday from disastrous employment numbers sends a signal to traders and investors that the markets had priced in that world coming to an end. For most Republicans, this happened in November.
Is the alternative energy boom long gone? It seems the environment for ethanol stocks is gloomier than ever. In 2005, the U.S. government ordered a mandate under the Energy Policy Act, requiring gasoline producers to quadruple the use of renewable fuel, in this case ethanol by 2022. The 2008 minimum mandate of 9 billion gallons of ethanol will significantly grow to 36 billion gallons of use by 2022. With such high growth expectations, why are these stocks so depressed?
Growing hopes of a federal bailout for the auto industry and increased action by world governments to stem the global recession pushed stock index futures higher Monday.
As we wait to see what Barack does in the new year, what can you do today to position your investment strategy for an Obama Administration? Here are some ideas.
Sheila Bair got it right. Bernanke, Paulson and the NY Fed Prez have largely been wrong. Here's why she should be allowed to stay.
Barack Obama has sworn to tackle economic issues head on. But what exactly does that mean, and can you trade it?
Stocks overcame an array of dismal economic reports and rode hopes that the market may have achieved at least a temporary bottom to close higher Wednesday.
We need a Financial Intelligence Agency to do the work the SEC's Christopher Cox and Fed Chairman Ben Bernanke should have.
At his news conference this morning, where he introduced New Mexico Gov. Bill Richardson as Commerce-secretary designate, President-elect Obama refused to play his hand on the Detroit/GM bailout story. That tells me he’s aware that the country is getting fed up with the thought of bailout nation.
The stock market was far off its morning lows, coming close to turning positive, as investors shook off a handful of weak economic reports and snapped up biotech shares and other defensive plays.
Senate Democrats were working Tuesday to put together legislation making it possible for Senator Hillary Rodham Clinton to become secretary of state despite a constitutional clause that some critics argue should bar her from joining the cabinet.
Stocks were set to give back some of their sharp gains from Tuesday's session but were off their morning lows after data showed a sharp increase in mortgage applications last week.
Now that's change we can believe in.
President-elect Barack Obama named New Mexico Gov. Bill Richardson as his choice for Commerce Secretary Wednesday.