There is a much simpler and faster way for Japan to stimulate economic growth. Economist Michael Ivanovitch tells you what that is.
At the Hyundai plant in Montgomery, Alabama more than 20,000 people have applied for one of the 877 job openings.
My poll is better than your poll: “Poll: Pro-Bailout Vote Leads in Greece.” There is a poll out this morning that says Greece's pro-bailout New Democracy party was ahead in the Greek elections, with 23 percent of the vote versus 22 percent for the anti-bailout Syriza party. There's another poll by a separate organization that says the anti-bailout vote leads in Greece. This poll has New Democracy with 26 percent of the vote, and 30 percent for Syriza. They poll, you decide.
Oracle is attracting upside option activity as the database giant attempts to rally off a nine-month support level.
The old adage (borrowed from lawyers) that if one puts 10 economists in a room one will be confronted with 11 different opinions rings true in the euro crisis, which seems to shaping up for some sort of denoument with the Greek elections on 17 June. Is that the moment when we are faced either with the drachma resurgent, or with a new fiscally unified euro zone?
Blackberry maker Research In Motion warns of a bleak first quarter, Facebook gets word its Instagram deal may face extended review and Groupon and Salesforce.com make acquisitions, the Rockefellers and Rothchilds unite.
Eateries that serve macaroni and cheese, grilled cheese and spaghetti and meatballs are popping up around the country and are emblematic of the rise in restaurants geared toward adults that feature traditional children's foods as the main focus.
Hedge fund manager Bill Ackman remains steadfast in his belief that his investment in JCPenney will pay off. He says he has the patience to wait out the company's turnaround under new CEO Ron Johnson.
In their first day of trading, Facebook options are through the roof.
Tens of billions of funding support for European banks appears to have shifted to the emergency lending assistance program of the European Central Bank from the long-term refinancing operations, an indication that some European banks may be in dire financial straits.
“We have encouraging signs in the market," S&P/Case Shiller's Robert Shiller told CNBC Tuesday. "We are seeing some signs of hope.”
If Memorial Day weekend is any indication, automakers and dealers could be gearing up for their best Summer since 2008.
President Obama is shameless to cite J.P. Morgan’s $3 billion trading loss as evidence banks need more regulation. More accurately, both may need more of a conscience, and the debacle raises serious questions about incompetence and corruption at the Federal Reserve, Treasury’s Comptroller of the Currency and Obama White House.
That was quick. Barely a week after going public, options are begin trading this morning on Facebook.
Ivanhoe Mines saw bullish option activity on Friday for the second time in less than a week.
The acceleration and spread of the Greek contagion has the potential to drag the Euro below $1.19. It is no longer an unthinkable outcome.
Flash-sale websites such as Gilt Groupe and Ru La La were hailed as disruptors in the ecommerce space, but recently there’s been a bit of a disruption in their success story, prompting some to wonder if flash-sale sites are more of a marketing gimmick than a sustainable business model.