This week we turn the calendar page, and that change brings with it a raft of economic data. Fed Chairman Ben Bernanke will deliver his semiannual monetary policy testimony before Congress, while Wall Street waits on more earn…
The pharmaceutical industry is ready to fall off a cliff — a “patent cliff.” Over the next few years, some of the world’s most popular and lucrative medicines will go off patent, and generic competition will siphon an estimate…
Retailers forecast that 2011 will be a year spent dealing with inflation, expanding stores and trying to wean shoppers off their markdown habit. Faced with rising costs that are pushing their prices higher, merchants say they …
It was a rough (even if short) week on Wall Street. But at least the Dow ended higher after losing more than 300 points in the previous three days. Some month-end bargain-hunting also helped stem the slide. [Video]
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Yes, we’ve seen this movie before: As costly oil makes solar look good, investors pile in — only to be let down when overcapacity sets in and oil prices tumble again. But this time, solar’s rebound may be on somewhat firmer gr…