In the decades leading up to and following World War I, railroads played a leading role both in classic Hollywood films and off the set as the primary mode of long-distance transportation for both freight and passengers. Read More
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US stocks rallied today, with investors gravitating towards beaten down shares of energy producers. Read More
US stocks tumbled today, with lower oil prices weighing heavily on shares of energy producers. The failure of Lehman Brothers (NYSE: LEH) to obtain a capital injection from Korea Development Bank likewise did little to buoy investor sentiment. Read More
With all the unfolding shenanigans--from stock analysts pimping companies they know aren’t worth the ink and paper used to report trades on your brokerage statements to hedge funds and prime brokers getting to play by different sets of rules--the market continues to get more and more dicey for the average stock investor. Read More
The three major US stock indexes posted rallied today, as the government’s seizure of Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) sparked hope that the move would help calm the roiling global credit markets. Read More
With the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite down double-digit percentages and foreign markets, currencies and commodities going south, Neil J. George--editor of Personal Finance and The Yield Letter--speaks on what's working now: bonds. Read More
Advantage Portfolio Holding Hercules Offshore (NSDQ: HERO) touched our recommended stop order today, so you should now be out of this position. Read More
The three major US stock indexes shrugged off record foreclosures and rising unemployment figures to finish the day with mixed results. Read More
US stocks plummeted today on news that jobless claims for the week of August 30 rose by about 15,000. Lower oil prices did little to bolster investor sentiment, instead serving as a reminder of the weakening US economy and pushing share prices of energy producers even lower. Read More
US stocks finished the day mixed after share prices of commodity prices once again weighed on the markets. Read More