Amid a bounce back in manufacturing activity, surging commodity prices are leading to fears of inflationary forces. Those forces are real, but corporate profits — and therefore, stock prices — won’t suffer too quickly. The pa…
Lower than expected earnings numbers from Japanese blue-chip companies dragged the Nikkei lower Thursday, as did the outbreak of violence in Egypt.
Continue reading Nikkei Slips on Disappointing Earnings
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When crisis erupts, such as the current fighting in Egypt, investors usually flee to safety. Historically, that has meant piling into the U.S. dollar. But a funny thing happened when protesters took to the streets of Cairo. For…
Standard & Poor’s downgraded Ireland’s debt rating by one notch on Wednesday due to concerns over possible increased capital requirements by the country’s banks.
Continue reading S&P Downgrades Ireland’s De…
A California appeals court has ruled that U.S. Bank conned Claudia Aceves out of her home by tricking her into giving up her bankruptcy protections. Now she can sue the bank for damages and fraud, and conceivably, so could othe…