US economy added just 18,000 jobs in June, a sign the recovery is dragging. The unemployment rate rose from 9.1 to 9.2 percent. Still, most economists see a pickup in second half of 2011.
Natural gas shale companies' financial statements don't add up, says Dallas Fed advisory member. Companies have high leverage, little cash, and very low estimates for natural gas extraction, she says.
Maybe individual investors can’t fix the broad regulatory breakdown that has allowed financial frauds to occur, like dodgy mortgage-backed securities and Bernie Madoff’s pyramid scheme. But they can take steps to protect themselves against unscrupulous financial advisers. Knowledge is the best weapon. The more investors know, the less likely they are to be taken advantage of by a dishonest broker. Here are four ways you can ensure your broker is following the rules:
Richard Bernstein, a Wall Street veteran, thinks that Chinese stocks should be avoided and Europe might surprise us. Should we be listening?
With all the talk of debt and unemployment in the US, the US-China economic meeting this week seems to suggest an America in eclipse. The truth, however, is more complex.
Standard and Poor's cut its outlook for long-term US credit on Monday, sending US stocks downward
Tech stocks got a mild boost from Texas Instruments' bid for National Semiconductor. While tech stocks edged up, however, the Dow and S&P fell slightly.
The US stock market gained for the week, with the Dow up 3 percent. Investors are regaining confidence in stocks despite developments in Japan, Libya, and Europe.
Stocks fall in US with Dow and S&P 500 dropping about half a percentage point. But drop in stock prices bigger in Europe and much larger in Japan.