(NEW YORK) — Just two months after recovering the last of its losses from the financial crisis, the Dow Jones industrial average charged higher Tuesday, closing above 15,000 for the first time.
It was another milestone in the market’s epic ascent of 2013. Good economic reports, strong corporate earnings and fresh support from …
Gold and other commodities seem to be signaling that the U.S. economy is sluggish and will get weaker still.
Unless the Boston Marathon bombings are part of a much larger plot, it seems unlikely that their effects on the stock market will last more than another day.
Since the recession, the value of derivatives outstanding has grown, and they remain very risky with the potential for large, unpredictable losses.
A stronger dollar could be a bellwether of an improving economy and a brighter outlook for U.S. stocks.
For all the headlines to the Dow Jones Industrial Average’s new record, you’d think it was a big deal. But experts say it’s time to curb the enthusiasm.
Wall Street dealmakers are off to a busy start to 2013, as some of corporate America’s most recognizable names have become involved in multi-billion-dollar mergers and acquisitions. Just yesterday, American Airlines and US …
One of the more entertaining spectacles in the financial world this past month has been the recent battle between hedge fund manager Bill Ackman and nutritional supplement company Herbalife. The multilevel marketing (MLM) firm came under serious pressure late last month when Ackman put a massive $1 billion short bet on the company, …
A host of special interests, from filmmakers to rum distillers, got tax breaks in last week’s fiscal cliff deal.
The Dow Jones Industrial Average had its worst day of the year yesterday, dropping 313 points or 2.36% as investors worried about the economic health of the eurozone and the effects of tax increases and spending cuts set to go …
There’s a growing bit of conventional wisdom that says that if Mitt Romney is elected, the stock market will soar, and if President Obama gets another term, we’ll enter a bear market. Romney said as much himself to a group of …
Fed Chief Ben Bernanke’s strategy for making risk fashionable is gaining traction. Affluent investors are jumping off the sidelines and home prices are getting a lift. We’re not out of the woods by a long shot. But do you really …
