While the national unemployment rate paints a grim picture, a look at individual states and their so-called real jobless rates becomes even more troubling.
"You can only assume that these glitches are going to continue into the future," says one market pro. "This is not good for the retail investor. How are they supposed to trust what we do?"
American homes have never been more affordable than they are today. Prices are down dramatically, mortgage rates are at record lows and desperate sellers are willing to make concessions. Still about one third of Americans choose to rent.
Shouldn’t the Treasury be taking advantage of the current rate environment by locking in low rates for as long as possible (just like we’ve all done with our mortgages) rather than committing to pay an unquantifiable amount of interest in the future?
Whenever a stock goes up and wall street cheers an earnings report that raises a basket full of questions it has to make you wonder.
"Road Warrior Tested" reviews the Radisson Blu Hotel, an upscale property in Sydney's central business district. Trivia: The building housed which local newspaper?
Today’s information supports my view that the market was set-up to be disappointed and on that, I was not disappointed.
While the average retailer in the U.K. ran discounts in the 30-50% range during June/July clearance period, the Abercrombie brand stubbornly stayed on the sidelines.
American Airlines and Priceline.com are offering discounted preferred seats towards the front of the economy class cabin.
Knight Capital announced a pre-tax loss of approximately $440 million on its "technology issue," and also said it had traded out of its entire erroneous trade position. How did it happen?
The social-networking giant saw its shares hit a fresh all-time low in trading on Thursday, driven lower by investors who have in the words of one analyst put the stock “in a penalty box.”
Traders are betting big that gold is heading higher.
Weeks after criticizing Nasdaq for the handling of the Facebook IPO, Knight Capital has its own troubles; Green Mountain Coffee "hyper" growth is over; Yelp surges after revenues; the Fed hints the economy may be slowing and traders are watching the ECB meetings tomorrow.
Knight Capital, down 32 percent, has lost about $300 million in market value in one trading session. What is the market saying?
"This algorithmic trading is kind of out of control," says one market pro. "It seriously hurts investor confidence."
This is a story you’ll think about the next time you get a loaner car from a dealership.
Electronic Arts, which reported slightly better-than-expected earnings Tuesday, is radically shifting its strategy for “Star Wars: The Old Republic” as a part of its big bet on free and digital gaming.
With the Jubilee followed by the Olympics it is good to be British this year. So does that must mean its good to be a retailer in the U.K. this year? Not exactly.
The Bank of England’s (BoE) Monetary Policy Committee meets on Thursday to discuss interest rates, amid calls for the base rate to be cut from 0.5 percent to 0.25 percent. Moorad Choudhry tells us why further rate cuts or quantitative easing won't help turn around the U.K. economy.
Housing has never been more affordable, and yet home ownership is still falling and more Americans are renting. The supply of homes for sale is down 24 percent from a year ago, according to the National Association of Realtors, but that still doesn’t explain why so few buyers are jumping in. The answer lies in the immobile move-up buyer.