U.S. Economy

Startup Companies Are Changing the World (Infographic)

startup companies

Established companies get most of the attention, but startup companies are where the world gets its best ideas, and are the source of most of America's economic strength.

Startup companies are the embodiment of the entrepreneurial spirit that built America. Such innovators made the nation an industrial giant in the late nineteenth century with the rise of railroads and oil, and lives on today in the tech innovations of Silicon Valley.

This infographic explains why startups are so vital to the economy...

Worst CEOs in America: The 7 Chief Executives Most Likely to Get Fired

worst-ceos-in-america

We all know what makes a good CEO - a leader that keeps shareholders happy with steady growth, fattening profits, and, for good measure, rising dividends.

The worst CEOs lose their grip on their companies and lose the faith of shareholders, customers, and, in the end, their board of trustees.

That's when they also tend to lose their jobs.

Here are seven struggling CEOs who still have their jobs - but probably won't for much longer.

Today's Stock Market News Abuzz from Brewing Lawsuit Over PFE's Lipitor

today's stock market news

Today's stock market news, August 8, 2014: U.S. stocks fell sharply in the final hour of trading Thursday despite declining jobless claims in the U.S. economy.

On Thursday, Moscow banned most food imports from Western nations in response to heightened economic sanctions. The deal isolates Russians from global trade to a level that hasn't been seen since the end of the Cold War, with specific imports from the United States, Australia, Canada, the European Union, and Norway banned.

Here are the top stories in stock market news today...

GOOGL, FOXA, PCLN, and CTRP Headline Stock Market News Today

stock market news today

Stock market news today, August 7, 2014: The U.S. stock market was sluggish yesterday (Wednesday), with benchmarks eking out modest gains.

Concerns about geopolitical pressures in Ukraine temporarily abated, but investors are taking notice of brewing economic problems in Europe. A slew of bad data suggests a choppy road ahead for the European Union, which has a combined GDP that is roughly $600 billion larger than the U.S. economy.

Here are the top stories in stock market news today (Thursday)…

July Jobs Report: Growth Slows, Slack Lingers in U.S. Labor Market

job-queue

U.S. job growth slowed more than expected in July, resulting in an unexpected rise in the unemployment rate, according to the July jobs report just released today (Friday) by the U.S. Department of Labor.

After surging (a revised) 298,000 in June, nonfarm payrolls increased by 209,000 last month. The unemployment rate ticked up to 6.2% from 6.1%.

Here are 12 key takeaways from the closely watched July jobs report…

Stock Market News Today: Another Fine for BAC; Dow Sheds 31 Points After Fed Meeting

stock market news_BAC

Stock market news, July 30, 2014: U.S. markets failed to rally this morning despite news that the economy grew by 4% in the second quarter and ADP reported that private-sector employers added 218,000 jobs in July.

The markets remained mixed until the afternoon, awaiting announcement from the conclusion of the two-day FOMC meeting. The Dow Jones lost more than 40 points after the Fed said it would cut bond purchases again, but offered little insight into future rate hikes.

Now, here are the top stock market news stories from today...

S&P 500 Dings New Record High; Fast Food Stocks, GM, and PBYI in Focus

S&P 500

Stock market close, July 23, 2014: The S&P 500 today (Thursday) gained 0.18% to set a new record high. The Nasdaq also gained, but the Dow Jones Industrial Index slipped. The International Monetary Fund slashed the 2014 growth forecast for the U.S. economy, cutting the expected growth rate from 2.0% to 1.7% for the year. It cited a slowdown in the first half of the year due to winter weather and decreased spending. The agency predicts the U.S. economy will grow by more than 3% for the balance of 2014.

Here’s the scorecard from today’s trading session, and the top stories that affected the stock market today...

How the Growing Bitcoin Market Will Cause a $3.4 Trillion Disruption

Bitcoin market

A tsunami of disruption - courtesy of Bitcoin - is headed directly for several sectors of the financial services industry.

Some of these companies may adapt to a world in which the digital currency plays a major role, but most are likely to become Bitcoin market victims - companies that will struggle and possibly disappear altogether.

This could have a tremendous impact on the U.S. economy, as 20% of the nation's gross domestic product (GDP) derives from the financial sector - an eye-popping $3.4 trillion.

These companies can’t afford to wait much longer…

Dow Jones Today Notches Another Record High; AAPL, YHOO, INTC in Top News

2014013-STI-Weekender-Apple

Stock market today, July 16, 2014: The Dow Jones today (Wednesday) closed up for its 15th record-breaking close in 2014.

U.S. Federal Reserve Chairwoman Janet Yellen testified before Congress again today. She reiterated that the economy remains vulnerable to a struggling job market and stagnating wages - two reasons why the central bank will continue its loose monetary policy in 2014. Still, in its Beige Book this afternoon, the Federal Reserve said that the economy was expanding at "a modest to moderate pace."

Here’s the scorecard from today’s trading session, and the top stories that affected the stock market today…

Vaccinate Against This Fiscal Contagion

Editor's Note: Special Contributor Michael Lewitt publishes the highly regarded The Credit Strategist and was recognized by the Financial Times for forecasting both the financial crisis of 2008, and also the credit crisis of 2001-2002. His 2010 book, The Death of Capital: How Creative Policy Can Restore Stability (John Wiley & Sons) was included in the curriculum at the University of Michigan and Brandeis University.

The European financial crisis is often pushed out of the headlines by crises of a more incendiary variety. That might suggest the problem has diminished. It hasn't.

The saga of Portugal's Banco Espirito Santo is a sure sign to investors that the European financial crisis is anything but over. 

Mario Draghi and the European Central Bank (ECB) may keep its finger in the dike, but the dike is only going to spring more holes. 

European banks are still highly leveraged. Their investors are likely to run for the hills at the first sign of trouble, and governments are going to be reluctant to bail them out unless they feel that their collapse poses a systemic risk.

Global investors are, for the most part, shrugging off the problems at Banco Espirito Santo, but European investors are not taking things so lightly. Here's why you shouldn't, either...
Full Story

What Thomas Piketty's Best Seller Has to Do with Investing in Energy

No one would have ever thought that a 700-page book on economics like Thomas Piketty's Capital in the Twenty-First Century would hit the best-seller lists and become a lightning rod for political controversy.

What does Piketty's Capital in the Twenty-First Century have to do with making money in energy? A lot more than you might think.

You can't make big money investing in energy without understanding how it works...

To Gauge the U.S. Economy's Health, Heed the Call of CEOs – Not Central Bankers

U.S. economy

The U.S. Federal Reserve released its minutes from June's Federal Open Market Committee (FOMC) meeting yesterday, revealing that the central bank was going to follow the same script of tapering bond purchases and remaining coy on interest rate hikes.

In the following video, Fitz-Gerald discusses which industries are positioned well despite the uncertainty caused by the Fed, and names companies with solid fundamentals. Take a look at these top picks.

Read More…

© 2014 Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201, Email: customerservice@MoneyMorning.com