Blog
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Will Black Friday Rescue U.S. Retailers?
Traditionally many retailers have viewed Black Friday as the means to pull them out of the red and into the black financially speaking (hence the name), but this year Black Friday is ...
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Investors View Market Rally with Cautious Optimism
While months of market volatility have taken a toll on stock market players, there is an air of cautious optimism that the market rally being experienced at present will continue, at least ...
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New $800 Billion Bailout Initiative Aimed At Main Street Gives Investors New Hope
While many U.S. stock market players may have faced Tuesday with trepidation, thinking it unlikely that markets would experience gains for a third day in a row, the announcement by the ...
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Mondayโs Stock Market Rally Seen as Endorsement of Obamaโs Economic Team
Markets in the United States and around the world rallied on Monday, which many see as an endorsement of Barack Obamaโs choice for his administrationโs economic team. The additional ...
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U.S. Markets in Anticipation of Obama-Administration Economic Team Announcement
At the end of a week of volatility, reflecting the many uncertainties and unanswered questions facing investors, U.S. stock markets rallied during Fridayโs trading and while not entirely ...
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Citigroup Seeks Ways To Weather Global Financial Storm
Despite a vote of confidence from its biggest single investor, Saudi Prince Alwaleed bin Talal, Citigroupโs shares and market value continue to decline. Citigroupโs market value dropped to ...
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Stock Markets Dive As Investor Anxiety Grows Over State Of Global Economy, U.S. Automakers and Oil Prices
As anticipated by many analysts, stock market volatility is far from over. U.S. stock markets dropped dramatically on Wednesday as concerns relating to the economy, highlighted by the ...
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Fannie Mae Faces Possible De-Listing From NYSE
Embattled mortgage backer, Fannie Mae, revealed on Tuesday that it had received notification from the New York Stock Exchange (NYSE) that its shares currently fail to fulfill price-related ...
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U.S. Automakers Dilemma And Citigroup Job Cuts Negatively Impact Markets
The uncertainty regarding the future of U.S. automakers, reservations about key economic reports to be released later this week, the reality of weak manufacturing data, and Citigroupโs ...
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G-20 Summit Agrees On Direction For Dealing With Global Financial Crisis
While acknowledging that plenty of work lies ahead for world leaders, the two-day G-20 summit held in Washington, D.C., over the weekend is being hailed by the majority as a success. The ...
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G20 Summit Aims For Agreement On Global Finance Regulations
Ahead of the much publicized G20 economic crisis summit to take place in Washington tomorrow, 15 November, President George W. Bush has come out strongly in defense of U.S.-style free ...
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U.S. Stocks Slump As Treasury Bailout Plan Changes Direction
U.S. stocks fell for the third consecutive day with a number of reasons being cited for the continuing decline. For one thing, the U.S. Treasury has shifted the goalposts on the much debated ...