While most of the world’s central banks are still fighting the last war, Sweden’s Riksbank has moved on to the next one. Rather than looking at conventional inflation gauges, the world’s oldest central bank is basing its action…
Given all that transpired globally over the Thanksgiving weekend, the idea of holding risky assets like stocks should give investors heartburn. Perhaps a strong Black Friday weekend and holiday selling season will draw traders’…
One thing investors are probably thankful for is that this holiday-shortened trading week is finally over. The U.S. stock market logged just a half day Friday but not before posting more deep and broad-based losses, as European sovereign debt fears con…
Stocks closed slightly higher Friday after fluctuating most of the session as some better-than-expected quarterly earnings helped offset anxiety over China’s move to curb inflation.
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The Dow tumbled Tuesday as part of a global sell-off in stocks fueled by further speculation that China will hike interest rates to fight inflation and renewed worries over the wobbly finances of Ireland, Portugal and Greece.
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