Investor Billionaire, Warren Buffet - Richest Man In The World
Region: United States
According to a list compiled by Forbes magazine, investor mogul and philanthropist Warren Buffet - the recent rescuer of beleaguered firms in the bond market - has topped the list of the world's richest people. ... more
Views: 1897European Shares Lower; Euro Hits Record Vs.Greenback Ahead Of Interest Rate Decision
Region: United States
According to a report by Bloomberg News, the Euro has risen to a new high versus the greenback; this is just ahead of an ECB meeting on interest rates. Both the Bank of England and the European Central Bank are expected t... more
Views: 1277Wall Street Closes In The Green As Oil Surges Near $105 A Barrel
Region: United States
On closing, the major indexes on Wall Street closed higher - the Dow Industrials average up 0.34 percent, NASDAQ composite index up by more than half a percent, and the broader S and P 500 index was also up 0,52 percent on... more
Views: 1291John McCain's Anti-Market Bias
Region: District of ColumbiaWhen conservative wingnut Ann Coulter vehemently declares that she would readily take Hillary over Republican Presidential hopeful John McCain, the stars are way out of alignment. What in heaven, hell, or on earth could Mc... more
Views: 1512Greed And Fear In Investing
Region: United States
According to an article on msn.com's investing section, excitement is not good for investors - and neither is fear nor greed. But, it turns out most of us are ruled by these emotions when it comes to investing. Economists... more
Views: 959Fallacies Behind Fed Intervention In Market Turmoil
Region: IndiaAngst over a Fed speech by Ben Bernanke coming up in Wyoming Friday made investors jittery, sending bluechips down Thursday on uncertainty of a fed funds rate cut. The Dow closed 51 points or 0.38 percent lower ... more
Views: 950Financial Crisis In Markets Signals Right Time For Divorce
Region: IndiaTurbulence In Stock Markets? - “Buy” Alimony Market Update (Yahoo Finance) In afternoon trading Wednesday, the Dow up 85 points, the tech-laden NASDAQ up 22 points and the S&P 500 index is up 9 points... more
Views: 982Cost Of Wine Mirrors Dow's Movement
Region: IndiaThe market has run out of steam to change things to a positive direction. In afternoon trading, the Dow is down 13 points, while the NASDAQ is down about 10, and the S&P500 is down by 8 points (Yahoo Finance). European ma... more
Views: 1083Bank of America To The Credit Crisis Rescue
Region: IndiaAlthough Wall Street Opened with modest gains - with all three indexes about a third of a percent up - as of 2:15 pm Eastern, the big three are in the reed: The Dow Jones average down 0.07 percent, the tech-heavy NASDAQ do... more
Views: 1012Fed May Not Cut Rates Unless Jim Cramer Does Some More "Kvetching"
Region: IndiaU.S. stocks rallied to close for a fourth day of gains on Wednesday after signs that the Federal Reserve may interfere to alleviate further deterioration in the stock markets. The Dow rose 145 points to 13,236, while the N... more
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