There's a change at the top for General Motors as the U.S. government (and the Board) flexes its muscles and dictates company policy. As we have said on many occasions, assistance from the U.S. government comes with a high price and lack of independence is at the top of the list. So Fritz is out. Read More
The U.S. unemployment rate reached 10.2 percent in October for the first time in over 26 years, even though the pace of job losses slowed. So what’s next for the market? John Lonski, chief economist at Moody’s Investors Service, shared his economic insights. Read More
President Barack Obama announced plans to send 30,000 more U.S. troops to Afghanistan in an accelerated deployment aimed at a quicker U.S. exit. Which stocks may see a rise as a result? Howard Rubel, aerospace and defense analyst at Jefferies & Co., and Alex Hamilton, senior analyst at Jesup & Lamont, shared their views. Read More
The markets are looking “very good” and they still have a long way to go, said Laszlo Birinyi, president of Birinyi Associates. He shared his market outlook. Read More
Markets started off the new month with a rally. Where should investors be looking? Gibson Smith, co-CIO and portfolio manager at Janus Capital Management shared his 5-star investing strategies on fixed income. Read More
General Electric agreed to buy the 20 percent stake in NBC Universal from partner Vivendi for $5.8 billion. The long-awaited GE-Vivendi deal will pave the way for GE to sell 51 percent of NBCU to Comcast. Mike Holland, chairman of Holland & Company, shared his insights on the deal. Read More
Market analysts are expecting the ISM data on Tuesday to show further growth in U.S. manufacturing in November, while some dollar bulls are forecasting a greenback rebound in December. Read More
Markets whipsawed on Monday as investors digested the Dubai news. Chief Executives Rich Berg of Performance Trust Capital Partners and Roy Williams of Prestige Wealth Management shared their market outlooks. Read More