US stocks failed to build on yesterday’s gains, as the latest statistics from the Labor Dept showed the largest monthly jump in unemployment since 1975. Already buffeted by the higher-than-expected jobless rate, investor sentiment took another hit as crude oil soared to records. Read More

US stocks rallied today, spurred by a fall in initial jobless claims and May sales figures from many retailers met or exceeded many analysts’ expectations. Leading the way were discount stores Costco (NSDQ: COST) and Wal-Mart (NYSE: WMT), indicating that US consumers continue to spend—albeit more cost-consciously. Read More

The three major US stock indexes finished mixed today. Although an unexpected expansion in the service sector initially buoyed investor sentiment, worrisome developments at two of the nation’s largest bond insurers eroded earlier gains. Read More

Cash Cow Linn Energy (NSDQ: LINE) announced that it has reached an agreement to sell certain assets in the Verden area of Oklahoma to Laredo Petroleum, an independent oil and gas company based in Tulsa. Read More

Rising concern about the financial sector’s health weighed heavily on US stocks, as the three major indexes fell for the second consecutive day. Read More

Troubles in the financial sector weighed heavily on US stocks, as the three major indexes slid into the red. Read More

So is the financial crisis over? Are the banks fixed? Is the US economy back up to speed? Now that we’re supposedly beyond all that, and we’re all gung ho on growth, is it time to tighten the money supply and “whip inflation now?” Read More

The three major US stock indexes ended the day with mixed results, paced by energy producers and a surprisingly resilient Dell (NSDQ: DELL), which reported earnings and sales that beat projections for the first quarter. Read More

US stocks built on yesterday’s gains, as the three major indexes pushed further into the green. Read More

The first question to ask before investing in any stock, bond or fund is, “What’s in it for me?” Companies are supposed to be run for the sole purpose of enhancing shareholder value. But despite plenty of regulatory and legal crackdowns, there are still many companies with managements that care more for themselves than for you. Read More