Much of the talk around Deflation these days is centered on the euro zone and parts of other emerging markets. However the bigger picture show the U.S. is dancing on the brink itself. It it wasn’t for a comparatively high inflation rate in the Western quadrant the truth is the U.S….
This Monday morning, U.S. stocks were little changed as investors braced for a very busy week of quarterly results from the major U.S. banks and several Dow 30 companies. Recap Health stocks were down after Eli Lilly (LLY.N) said it was not persuing an experimental heart drug. Shares of Lilly fell…
WASHINGTON (AP) It’s the only the third time in 40 years that millions of Social Security recipients which includes disabled veterans and federal retirees can expect to see no increase in benefits next year. This is really unwelcome news for more than one-fifth of the nation’s population. Why is this happening? They…
BEIJING (AP) Volkswagen has said on Monday that it is recalling 1,950 diesel vehicles in China to change engine software that it now has admitted cheats on emissions tests. Singapore has also suspended sales of the company’s diesel cars at this time. Last month the German automaker admitted that…
If you haven’t heard, Michael Dell has sealed the biggest deal in tech history. After his privately run PC maker agreed to acquire data storage maker EMC in a transaction. This Monday, Dell announced with MSD Partners and Silver Lake to buy cloud computing company EMC for roughly $67 billion…
In the race for the republican nomination for the 2016 US Election, Donald Trump calls Angela Merkel insane over her immigration policy and says could be greatest ‘Trojan horse’ ever. You can read more here
The number of people who filed for unemployment assistance in the US last week fell more than forecast, the US Department of Labor reported the number of individuals filing for initial jobless benefits last week fell to a seasonally adjusted 263K, from 276K in the previous week whose figure was…
Looking for big winners in the fourth quarter. You may want to consider Google, PayPal and Alphabet Alphabet (NASDAQ: GOOGL), the umbrella company that now houses Google, looks to have some momentum, trader Karen Finerman said Tuesday. Finerman, an Alphabet shareholder, noted she looks forward to seeing more “clarity” on…
Abbot Labs a Dividend Strategy. Buying dividends — the strategy of buying a stock for the sole purpose of collecting the quarterly dividend, then immediately selling after it has been paid — can be lucrative, but it requires excellent timing, as well as selectiveness about which stocks you target. Abbott,…
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