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Why Investors Should Brush Up on Their Political Science and Economics

May 17, 2013 - 3:24pm
By Douglas J. Elliott Newspapers have been reporting the possible misuse by hedge funds of confidential information about proposed government actions. Whatever the truth of these particular allegations, it is a sign of the intense interest that much of the … Continue reading →

Sanyo May Cease to Exist Under Panasonic Reorganization

May 17, 2013 - 3:21pm

Sanyo Electric Co may cease to exist under a reorganization by Panasonic Corp that includes global jobs cuts, Nikkei reported on Friday. Panasonic will cut 90 percent of Sanyo's global workforce of about ...


Yes, Despite the Student Loan 'Crisis' College IS Worth It

May 17, 2013 - 3:16pm

Sixty percent of college graduates go into debt paying for college tuition, borrowing over $27,000 on average. This has some wondering if a college education is even worth it.


Obama Focuses on Job Creation in Baltimore Visit

May 17, 2013 - 2:07pm

President Barack Obama says Washington lawmakers should spend every single day focused on the economy and helping people get back to work. Obama cited several signs of positive growth in the economy. But ...


Unemployment Falls in 40 U.S. States, Rises in 3

May 17, 2013 - 1:30pm
Solid hiring helped lower unemployment rates in 40 U.S. states last month, the most since November. The declines show the job market is improving throughout most of the country. The Labor Department said ...

Powerball Jackpot Grows to $600 Million

May 17, 2013 - 1:11pm

Powerball officials say the jackpot has climbed to an estimated $600 million, making it the largest prize in the game's history and the world's second largest lottery prize.


Tableau Software Shares Soar in NYSE Debut

May 17, 2013 - 12:59pm

Shares of Tableau Software Inc rose as much as 58 percent in their trading debut as investors expect the rising interest in big data to power the data analysis software maker's growth. Tableau's revenue ...


Rally Gives Investors a Great Year, in Just 6 Months

May 17, 2013 - 12:48pm

Happy demi-anniversary, stock market rally. Will the honeymoon ever end?


Are ETFs Disrupting the Hedge Fund Industry?

May 17, 2013 - 12:36pm
Now, more than ever, individuals have the ability to do themselves what they used to have to outsource to the professionals, says Tom Lydon, editor of ETF Trends.

U.S. Authorities Seize Accounts of Major Bitcoin Operator

May 17, 2013 - 12:34pm

U.S. authorities have seized two accounts linked to a major operator in the booming Bitcoin digital currency market, Tokyo-based exchange Mt. Gox.


Wall Street bonuses, staff levels to rise in 2013: consultant

May 17, 2013 - 12:16pm
Wall Street bonuses and staff levels are expected to rise this year as trading and dealmaking activity pick up, according to a closely watched report released on Friday by a compensation consulting firm. ...

Jim Rogers: Gold Correction Long Overdue, Continuing

May 17, 2013 - 12:12pm

Gold was up 12 years in a row without a down year -- that’s extremely unusual, says Jim Rogers, famed investor and Streets Smart author.


Rising Stocks: A “Fake Rally” or Just Supply & Demand?

May 17, 2013 - 12:05pm

"You're getting actually a shortage of stocks and too much liquidity not just from the Federal Reserve but all over the planet right now," says Jeff Saut of Raymond James.


May Consumer Sentiment Rises to Highest in Nearly Six Years

May 17, 2013 - 11:51am

Consumer sentiment rebounded in early May to the highest level in nearly six years as Americans felt better about their financial and economic prospects.


Fed tells Bank of Montreal to fight money laundering harder

May 17, 2013 - 11:46am
The U.S. Federal Reserve Board said it has told Bank of Montreal to step up efforts to detect and prevent money laundering at the Canadian bank's Chicago branch. The warning puts Bank of Montreal in a ...

Payout official set for surge in BP spill claims

May 17, 2013 - 11:46am

The deadline for claims against BP Plc in connection with the 2010 Gulf of Mexico oil spill is 11 months away, but the man responsible for paying the claims said on Thursday he is already bracing for a ...


Satomi Kawakita Jewelry: Turning Passion Into Profits

May 17, 2013 - 11:44am

Working out of her studio in New York, diamond setter Kawakita creates delicate, one-of-a-kind jewelry.


Bankers see M&A recovery after deals drop 7 percent so far in 2013

May 17, 2013 - 11:26am

A drop in European takeovers has depressed global merger and acquisitions activity so far this year, but bankers see activity picking up as a rally in stocks and bonds helps compensate for a prolonged ...


JCPenney Remains a Disaster, Stay Short the Stock: Davidowitz

May 17, 2013 - 11:03am

“This was a company that years ago was doing $20 billion in sales,” says retail turnaround specialist Howard Davidowitz. “Now the company is doing $12 billion with more stores.”


GM stock tops 2010 IPO price

May 17, 2013 - 10:52am

General Motors Co shares on Friday topped their 2010 initial public offering price, which will help the automaker's largest shareholder, the U.S. Treasury, pare its losses. GM shares broke above $33.00, ...