IBM’s supercomputer Watson racked up $5,000 in winnings on day one of the three-day Jeopardy! challenge Monday, but so did one of its human competitors. The human champs, Brad Rutter and Ken Jennings, face long odds — at least…
As small investors flee the low returns of Treasury bonds, many have piled into high-yield debt — also known as junk bonds. Problem is, as one pro puts it: “The trade when you could buy anything and make money ended six months…
It’s no surprise that consumer prices are rising — the prices of commodities from corn to cotton to copper are near record levels, thanks to shrinking supplies and rising demand worldwide. The question is whether the Fed will …
Much has been made recently of the huge valuations of Internet players like Facebook, Twitter and Zynga, but while Web 2.0 is doing well, the Silicon Valley region itself is not. A new report shows compensation and unemployment…
Cisco’s latest earnings topped analysts’ estimates, but profit margins disappointed investors, and the stock plunged 15%. CEO John Chambers insists it’s only temporary and that better days are coming. So far, though, nobody is …