US stocks shed early losses to close in the red following the release of weak economic data, which was highlighted by a slowdown in manufacturing. Read More
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US stocks turned lower in early trading before rallying back to black following the Federal Reserve’s announcement that it’s willing to cut rates even further to help the state of the flailing economy. Read More
It’s a classic, immortalized by the Chairman of the Board, Frank Sinatra. The lyrics tell of a carefree world where Frank and a dame “float down to Peru” and “beat the birds down to Acapulco Bay…where the air is rarified.” Read More
US stocks opened higher today, but slipped intraday as crude prices skyrocketed above $100 a barrel for the first time. Read More
US stocks sank for the second day in a row before closing in a mix as consumer confidence slumped and weak economic data rolled in. Read More
US stocks turned lower in early trading after Swiss bank UBS announced it has significant exposure to the problematic US mortgage market, fueling fears of additional writedowns. The three major indexes broke a three-day winning streak to close in the red. Read More
Are we there yet? That question isn’t coming from the kids in the backseat this time. Read More
Banking can be a boring business. Everyday you have to do two things: First, convince more folks to lend you money in the form of deposits; and second, convince others to borrow money from you. Read More
In early 2008, crude oil finally breached $100 a barrel, albeit for just a few hours. Read More
This year we made a pilgrimage to the International Consumer Electronics Show (CES) in Las Vegas. Read More