Money and Investing
-
Dubai Worries Eased by Statement from Rulers - Buy and Hold PlusDubai World's announcement that it would seek a "standstill" agreement on all of its debt roiled the markets last week. A new announcement from the company , however, eased those worries. The big news was that Dubai World would only be seeking relief on slightly less than half of its debt. I...
Tony Wang
added
87 minutes ago
-
Robert Reich: The Housing Crisis And Wall Street Shame (Or Lack Thereof)One out of four homeowners is now under water, owing more on their homes than the homes are worth. Why? The biggest single factor behind the housing crisis is rising unemployment. According to the latest ABC-Washington Post poll, one out of every three Americans has either lost their job or ...
JDP
added
21 hours ago
-
Bookmark
Harvard ignored warnings about investments - The Boston GlobeIt happened at least once a year, every year. In a roomful of a dozen Harvard University financial officials, Jack Meyer, the hugely successful head of Harvard’s endowment, and Lawrence Summers, then the school’s president, would face off in a heated debate. The topic: cash and how the ...
JDP
added
22 hours ago
-
Bookmark
World markets steady after UAE central bank pledge - Yahoo! NewsWorld stock markets steadied Monday, particularly in Asia, as concerns about a possible default in Dubai were soothed by a pledge from the United Arab Emirates' central bank that it will stand behind local and foreign banks. Last week's announcement from Dubai World, a government investment ...
JDP
added
23 hours ago
-
Bookmark
Dubai official: Dubai World's debt its own - Yahoo! NewsThe heavily indebted Dubai World is not guaranteed by the emirate's government, a top financial official from the city state said Monday, offering little direction to anxious investors on a day when the United Arab Emirates registered a record fall on the back of Dubai's debt mess. On the first ...
JDP
added
23 hours ago
-
More Shoppers Hit Stores But They Spend Less - Buy and Hold PlusAccording to the National Retail Federation ( NRF ), the holiday shopping season is off to a lukewarm start. While there were more shoppers in stores over the past three days, they spent less money than in the past. The NRF found that 195 million people visited stores or websites over the ...
Tony Wang
added
25 hours ago
-
The Week Ahead in Videos: Nov. 29- Dec. 4 -- Seeking AlphaThe video clips below provide a handy summary of the reports expected on the economic, financial and corporate front around the globe during the week ahead. US: Dregs of Dubai, jobs data Traders back from holiday will be looking for news on Dubai’s potential debt default, along with any ...
aggregators
added
46 hours ago
-
Trading Week Outlook: November 30 - December 4, 2009 -- Seeking AlphaThe U.S. Non-Farm Payrolls and the ISM Manufacturing and Services Industries Indexes coupled with two interest rate announcements from the Reserve Bank of Australia and the European Central Bank will kick-start the final trading month of the year. In preparation for the new trading week, here ...
aggregators
added
46 hours ago
-
Charlie Rose Interviews Warren Buffett - Buy and Hold PlusCharlie Rose recently interviewed Warren Buffett on his show. The wide ranging interview covered topics ranging from Buffett's recent acquisition of Burlington Northern Santa Fe , the response to the financial crisis, the budget deficit , China's emergence as an economic power, tax policy, ...
Tony Wang
added
2 days ago
-
How to Trade the Rest of the Year - Goldman Sachs -- Seeking AlphaGoldman is increasingly confident in the end of year rally . In fact, a recent piece of research says December could be one of the strongest months of 2009 (not an easy feat considering the year we’ve had). Like other bullish investors, they believe seasonality will be an important influence ...
aggregators
added
3 days ago