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…
China’s National Bureau of Statistics reported that the country’s consumer price index rose 4.9% in January. Hong Kong’s Hang Seng Index fell 1% and in China the Shanghai Composite Index remained virtually unchanged. Japan’s Ni…
Travel site Kayak.com has filed to go public later this year but how much is the stock worth? What if advertising revenue increases or the car rental business plummets? Test drive Kayak’s pre-IPO worth right here to see how the…
There’s a frenzy of stock buying going on now, because no one wants to be left out of the stock market recovery. But all those who are betting on short-term gains are engaged in what I call “wrong ball investing.” Here’s how to…
After a holiday season that marked a return to some form of normalcy, merchants are bracing for a year of mild sales growth and more stable operations. Whether that momentum holds is an open question, given the state of the hou…