Warren Buffett“A public opinion poll is no substitute for thought.”
Adlin Sinclair“Success is a welcomed gift for the uninhibited mind.”
Jobless rate hits 5-month low but payrolls fall »
The U.S. unemployment rate surprisingly fell to a five-month low in January and factory payrolls grew for the first time since 2007, hinting at a labor market recovery even though the economy lost 20,000 jobs.
President Barack Obama cautiously welcomed the figures but said more needed to be done to put people back to work. [...]
Asia shares fall to three-month lows (Reuters) »
SINGAPORE (Reuters) –
Asian stocks fell to three-month lows on Monday with investors cautious after new data strengthened the case for tighter Chinese monetary policy and as attention focused on key U.S. economic reports due this week.
European shares (.FTEU3) were also expected to retreat by as much as 1.2 percent amid lingering worries about Greece [...]
Asia stocks fall on China jitters, yen gains »
Asia stocks fall on China jitters, yen gains
SINGAPORE (Reuters) – Asian stocks fell for the ninth straight day on Wednesday on fears that China’s heightened efforts to rein in soaring credit growth could hamper the global economic recovery.
European stocks were set to follow Asia lower, with financial spreadbetters expecting key indexes in Britain, [...]
EURUSD fall sharply. No real reason except stocks being hit. »
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]
Goldman trims pay, posts profit as shares fall »
Goldman trims pay, posts profit as shares fall
GS.N
), under fire for gold-plated pay packages, cut average pay per employee by about a quarter from record 2007 levels, helping boost its profit to a record.
But the forecast-beating results were quickly overshadowed by anxiety about the impact of the Obama administration’s proposed crackdown on [...]
Asia stocks fall amid fears of China lending curbs (AP) »
BANGKOK – Asian stock markets were mostly lower Wednesday amid renewed fears of Chinese lending curbs and jitters about U.S. corporate earnings that have provided mixed signals about the strength of economic recovery.
as a sign the flow of easy credit will be further stanched.
earlier this month made a tentative move to slow its [...]
Stocks fall on JPMorgan results, sentiment survey (AP) »
. and a disappointing consumer sentiment reading sent investors rushing from stocks.
Financial stocks led the market lower Friday, pulling major stock indexes down about 1 percent from 15-month highs. The Dow lost almost 101 points, its steepest drop since Dec. 31. Interest rates fell in the
in search of safety.
JPMorgan, regarded as one [...]
Retail sales fall unexpectedly, jobless claims up »
Retail sales fall unexpectedly, jobless claims up
WASHINGTON (Reuters) – U.S. consumers unexpectedly curbed their Christmas spending in December and more people filed claims for jobless benefits last week, casting fresh doubts on the durability of the economic recovery once government support fades.
The Commerce Department said on Thursday retail sales fell 0.3 percent [...]
US retail sales fall 0.3% in Dec »
US retail sales fall 0.3% in Dec
Fri, Jan 15 2010, 05:38 GMT
after a consensus-missing retail sales report, although positive revisions meant little negative fallout in markets. The S&P500 is currently little changed, and waits for benchmark Intel’s Q4 earnings report which will be released after the close of trading. Also important [...]
On the wires: Dubai home prices fall 52% on foreclosures in past year. »
Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money [...]