On the streets of Astoria, Queens, where signs are in Greek and English, there are no whiffs of tear-gas, but passions run high. Despite words of blunt criticism, many wonder how they can help.
The Great Recession officially ended in June 2009. That's apparent on Wall Street, less so on Main Street. But the economic recovery is gradually being felt in places like Poughkeepsie, N.Y.
Gas prices hit a national average of $3.83 a gallon on Monday, according to AAA. Six states now have prices above $4 a gallon.
Wall Street insiders aren't worried the government might hang an 'out to lunch' sign. The market improved during the 1995 government shutdowns. Of greater concern: raising the debt ceiling.
The proposed merger of AT&T and T-Mobile presents the Obama administration with a major anti-trust dilemma. Federal regulators will consider several factors to determine whether to allow the two telecom competitors to merge:
After plunging at the opening Tuesday, the Dow Industrial Average regains some ground. But uncertainty over the Japan nuclear crisis could weigh on the economy, and markets, for some time.
The stock market today fell by 166 points, with investors worried about shipping through the Suez Canal and the possibility that protests will spread through the Middle East.
President Obama had chilly relations with US businesses until late 2010. The tone has changed, but they’re waiting to see what happens with some of the proposals in the State of the Union address.
Stock market gains have been common in January, when that month follows midterm elections. Some investors may be starting to move money out of bonds and into the stock market.
The bull market is entering its third year, historically a time when investors grow wary. They’ll have good reason for caution in 2011, given the potential for higher interest rates, federal budget struggles, a surge in commodity prices, and the challenges corporations may find in churning out higher and higher profits. These stresses won’t necessarily end the party on Wall Street, just change it. Here are 10 investment trends to watch for in 2011: