Empty storefronts can deter shoppers but there are some very creative solutions coming out to plug these gaping holes in the retail landscape, such as putting ads or art in the windows. One town is even considering making it mandatory for landlords to have something pretty in the window to avert urban decay. Read More
ADP said May private sector jobs fell by 532k, about in line with expectations of a drop of 525k. The good news is that the level of job losses has clearly stabilized; the bad news is that we are still not seeing much of an increase in hiring. Bottom line: unemployment rate will continue to rise, at least in the near future. Read More
There’s no keeping this market down. The S&P 500 recorded another day of gains; the current four-day advance is now the index's longest winning streak since early April. Read More
With the S&P 500 closing lower for the fourth consecutive day, stocks have just recorded their longest losing streak since the rally began. How should you be trading? Read More
This week's salute to financial lowlights includes quite a cast of characters. Since we covered ONLY the outrage surrounding AIG last week, I've decided this week to establish an "AIG-free Zone". Read More
Twitter has entered the Zeitgeist and its popularity is exploding. The question now is whether the company can turn its popularity into profits. Read More