The third anniversary of the signing of the U.S.-Colombia free trade pact came and went this month with the Obama administration still negotiating the fine print, Congress showing little interest and business groups frustrated by the lack of action on trade deals.
Wednesday, 18 Nov 2009 | Source: The Associated Press
As Congress crafts legislation to impose new oversight on complex instruments blamed for hastening the financial crisis, a major sticking point has emerged over companies that use the derivatives to hedge risk.
"I haven't been this bearish in a year," the well-known analyst told CNBC in a live interview. "I look at the board and every single stock is up. But there is no fundamental rooting as to why."
The seeming disconnect between the value of the dollar and the value of stocks is, in fact, not much of a disconnect at all, the New York Times reports.
As the US economic recovery looms larger, the gray cloud that has hung over the stock market for so long is finally starting to fade. Here's four sectors likely to outperform in the months and year ahead.
Wednesday, 28 Oct 2009 | Source: The Associated Press
Orders to U.S. factories for big-ticket manufactured goods rose in September as the biggest jump in demand for machinery in 18 months offset weakness in commercial aircraft and autos.
Monday, 26 Oct 2009 | Source: The Associated Press
Caterpillar Inc., the world's largest maker of mining and construction equipment, said Monday about 2,500 laid-off employees will be permanently cut from the company and 550 others will be brought back to work by the end of next year.
Friday, 23 Oct 2009 | Posted By:
Jeff Cox | Source: CNBC.com
A cursory look at quarterly earnings suggests corporate America is regaining its foothold. But a look at the stock market's reaction indicates otherwise.
Wednesday, 21 Oct 2009 | Source: The Associated Press
Despite promises by President Barack Obama, more than 70 million Americans who have health insurance through their jobs could be open to higher costs or denials of some coverage under a leading overhaul plan making its way through Congress.
Stocks retreated Tuesday after several earnings reports beat expectations but economic numbers missed their targets. The Dow shed more than 50 points, or 0.5 percent, but still held above 10,000. The S&P and Nasdaq each lost about 0.6 percent.
Stocks retreated Tuesday after several earnings reports beat expectations but economic numbers missed their targets. Apple and Caterpillar surged after their earnings blew past forecasts.
Terrence Dolan, CEO of Benjamin & Jerold Brokerage and Peter Andersen, portfolio manager at Congress Asset Management told investors how to prepare their portfolios for the week ahead... Read More
With industrial names taking a hit on Thursday, should you buy the dip as a long-term bet on global growth? What's the right price to get in?... Read More