[Editor's Note: The U.S. stock market - and the Money Morning editorial office - is closed for the Memorial Day holiday today (Monday). But we'll resume our regular publishing schedule tomorrow (Tuesday), with a look at the week ahead, a look at investment plays in the solar-energy field, and several other reports.] By Jason Simpkins […]
May 2009 - Page 3 of 11 - Money Morning - Only the News You Can Profit From
By Don Miller Associate Editor Money Morning The competition to buy General Motors Corp.'s (NYSE: GM) Opel and Vauxhall units heated up Friday as the three primary suitors were reportedly joined by an unidentified Chinese automaker. Meanwhile, a bankruptcy filing is not certain in the GM restructuring case, and reports that the Obama administration will […]
Experts roundly agree that the recession is only a short-term blip in the long-term escalation of oil prices.
And this time, there are 1.05 trillion reasons why oil is going to climb well past its peak last year.
By Mike Caggeso Associate Editor Money Morning Gold prices are sitting near their highest point since March, and their fourth-highest price point ever, as a result of a global weariness of stimulus-induced inflation and a stock market pullback. According to a recent report from the World Gold Council, gold demand rose 38%, or 1,016 tons, […]
With our investment news briefs, Money Morning provides investors with a quick overview of the most important investing news stories from all around the world. BofA Fast Tracks TARP Payback; Brazil Unemployment Reverses in April; Taiwan GDP Falls 10.24%; Emirates Airline Posts 80% Profit Nosedive; Dollar Swoons Against Euro, Yen; GM and UAW Reach Tentative […]
By Martin Hutchinson Contributing Editor Money Morning The investment outlook for Japan is pretty grim right now. The world's No. 2 economy saw its gross domestic product (GDP) decline by 4% in the first quarter – the equivalent of 15.2% annualized decline, and the worst showing in more than 50 years. Even worse – for […]
By William Patalon III Executive Editor Money Morning/The Money Map Report Microsoft Corp. (Nasdaq: MSFT) is expected to unveil its new Internet search engine to the public next week, an attempt by the software heavyweight to grab back some of the Internet search market from behemoth Google Inc. (Nasdaq: GOOG). The site of the coming-out […]
By Don MillerAssociate EditorMoney Morning The United Kingdom's mounting pile of government IOUs toppled it from the list of countries holding the highest-rated credit today (Thursday), which resulted in Standard & Poor's lowering its outlook on the United Kingdom's debt to "negative" from "stable." The downgrade has both financial and political ramifications. It is sure […]
By Mike Caggeso Associate Editor Money Morning India's annual inflation clocked in at a shockingly low 0.61% in the week ended May 9, and 0.48% the week prior, opening a window for policymakers to resuscitate the economy without worrying about consumer unrest. Inflation in India – a rampant problem for years – is hovering near […]
By Keith Fitz-Gerald Investment Director Money Morning/The Money Map Report The U.S. news media has convinced many investors that oil consumption is falling because of the global recession. While that may be true, it's a disservice to millions of investors because production is declining at a pace that's actually three times faster. And that suggests […]