A slowly brightening economy combined with low financing rates and generally stable fuel prices have put consumers in a buying mood. New models, particularly from Ford and GM, are also helping to keep U.S. auto sales on a posit…
Reports from the ultra-elite Swiss meeting show that CEOs are far more optimistic than they’ve been for years. Considering their cash hoards, an M&A wave is likely. But they’re unmoved by the idea that they should create societ…
New forecasts show that the worst may be over for the construction industry, which was hit harder by the Great Recession than any other sector, as construction projects slowly resume. Some 27% of construction firms say they pla…
Continuing unrest in Egypt sent shock waves through stock markets as far away as Japan, where the Nikkei 225 Index fell 1.2%. Hong Kong’s Hang Seng Index also dropped 0.7%. In China the Shanghai Composite Index climbed 1.4%.
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Even the most bullish traders figure the market needs to pull back at some point before making new highs. Considering this week’s round of earnings and economic data — and the sketchy situation in Egypt — the sessions ahead s…