Weekly Stock Market News at Your Fingertips
This is the ultimate source for stock market news! Here, you will be provided with the hottest news dealing with the stock market and with the economy. Our Weekly Stock Market news are fresh, catchy and newsworthy. Updated regularly, you will always find a new read. Sit back and enjoy your dose of Weekly Stock Market news!
The demise Obama gave a deadline for the Super-committee, a 12 person panel created from an equal number of Democratic and Republican party members, to come up with a solution to reduce the national debt by $1.2 trillion over the next 10 years. The Super Congress, or super committee, was created under the Budget Control Act of 2011. The law was passed by the U.S. Congress in the first two days of August 2011 to increase the nation’s $14.294 trillion debt ceiling in order to...
It was Black Friday, the day of both joy and doom for those who were toppled over while rushing to stores for the best bargains or for those who waited endlessly in line to complete that discount purchase. There is another, safer, and more convenient way to shop while sitting comfortably at home in your PJ’s – online shopping. But what is Cyber Monday in terms of shopping and stocks, and what is it about? Do you risk getting second best deals on your purchases...
For many Americans, Thanksgiving is the most important holiday of the year – a time of giving thanks, and sitting down with family to enjoy turkey, gravy, stuffing, cranberry sauce, and pumpkin pie. For others, the Friday after Thanksgiving, known as Black Friday, is a chance to purchase discounted clothing and electronics or to cross some items off their holiday shopping list. Consumers get up at the break of dawn to rush to shopping malls, beating the crowds as the battle for “first come, first...
As tension between China and the US grows, with the US accusing China of currency manipulation, a new report issued by the Senate Armed Services Committee has revealed that counterfeit parts have been found in US defense equipment from antimissile systems to aircraft, and an additional US report accuses China of being the world’s biggest perpetrator of economic espionage. Products from companies Raytheon Co., L-3 Communications Holdings Inc., and Boeing Co. contain dozens of counterfeit parts, usually from China, including military aircraft currently deployed in...
A while back, we became speculative as the Nokia (NYSE:NOK) stock seesawed with its more powerful competitors, Apple, RiM, and Android. Nokia was the one being dragged down to ground level as the other companies stayed atop with their heads in the clouds. At the same time, “Tablet” is a common word these days, as Amazon’s Kindle Fire and Barnes & Noble’s Nook Tablet enter the tablet market. Who else will join them? No one other than Nokia itself, the Finnish company that was once...
It’s one thing to lose a job of a few years without a warning, but it’s another thing to find out from a group email or the news. That’s the exact scenario that played out at MF Global on Friday, November 11th, when the brokerage firm fired all of its 1,066 employees, many of whom never received the memo personally. Instead, they found out by watching the news on television or from an email that was sent to all employees. The atmosphere at the Manhattan...
“Enough is enough,” President Obama declared bluntly to journalists during the closing news report held at the Asia-Pacific Economic Cooperation (APEC) summit. The APEC summit this year is being held in Hawaii, and although significant breakthroughs were made in the President’s push to promote green technology and create a pan-Pacific free trade zone, there was also a need to talk about China’s alleged currency manipulation. “We’re going to continue to be firm that China operate by the same rules as everyone else,” Obama told reporters...
Italy is on the verge of becoming economically unhinged. The global spotlight is on the world’s seventh-largest economy since it began to spiral down a financial black hole. Italy has found itself on the edge of a precipice and everybody is holding their breath to see if there will be a happy ending. The International Monetary Fund and the European Union were able to provide a rescue package to help out Ireland, Portugal and Greece when they lost their way and couldn’t pay their debts....
A letter that is circulating on Facebook and by email is claiming that Warren Buffett, possibly the worlds greatest stock mogul and one of the richest people in the world, has decided that enough is enough and is planning to end the recession that is crashing around the psyche of the United States of America. I could end the deficit in 5 minutes, said Warren Buffett during a July CNBC interview. You just pass a law that says that anytime there is a deficit of...
Airlines could be on course for financial woes as flights to Europe are about to get bumpy. The turbulence comes from a European Union law that, from January 1st 2012, all flights departing and arriving at European airports must pay for their carbon emissions. A host of 25 countries, including the US, Russia, China and other non-EU members are lodging a formal complaint at the International Civil Aviation Organization meeting in Montreal. According to Reuters, the U.S. House of Representatives also passed new legislation last...
