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. Initial Jobless Claims Climb, Continuing Claims Fall; Food Industry Looking to Ease Sugar Imports; Ford to Boost Production Thanks to Cash for Clunkers; Volkswagen Board Approves Merger With Porsche; Fed […]
Archives for August 2009
August 2009 - Page 6 of 9 - Money Morning - Only the News You Can Profit From
Wal-Mart Sales Decline as Consumers Trim Retail Spending
The much-anticipated earnings report from Wal-Mart Stores Inc. (NYSE: WMT) and new data from the U.S. Department of Commerce yesterday (Thursday) showed that consumers are not only reeling in their discretionary spending, but may also be pulling the reins on the necessities. Retail sales fell 0.1% in July from the previous month, and 8.3% from […]
Four Ways to Profit From Resurgent Commodities Prices
World white sugar prices reached record levels on Aug. 10, largely because of booming demand in India where the government has lifted a ban on imports. Oil prices continue to hover around $70 a barrel, and gold is in the mid-$900 range. Meanwhile the CRB Continuous Commodity Price Index has surged to a level 30% […]
The Sure-Fire Job Interview Strategy
[Editor's Note: This two-part story is the latest installment in an ongoing series that highlights unique career strategies for navigating the jobless recovery. Part II appears tomorrow (Friday).] Congratulations. You just got the call, or the e-mail, confirming that you've been selected to interview for that new job that you want so badly. You've just […]
Investment News Briefs
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. Oil Rises on China Demand, Slowing U.S. Recession; Homebuilder Shares Surge After Order Increase; Natural Gas ETF to Suspend New Share Offers; Microsoft to Bring Office to Nokia Smartphones; J.D. […]
Housing Recovery Will Be Slow as Foreclosures Continue to Weigh on Housing Prices
Prices for single-family and condominium homes in the second quarter fell by a record 15.6% and 19.8% year-over-year in the United States, mainly due to foreclosures. While the data taken on a national average may be disheartening, the highly fragmented, or "hyper-local" U.S. housing market does show signs of hope. But any recovery for the […]
Federal Reserve Slows Treasury Purchases as the Economy Starts to Recover
The U.S. Federal Reserve yesterday (Wednesday) indicated that economic activity is "leveling out" and the central bank's program to buy Treasury securities will be shut down by the end of October. "Information received since the Federal Open Market Committee (FOMC) met in June suggests that economic activity is leveling out," the central bank said in […]
It's Probably Not Another "Bin Laden Trade," But This Massive Mystery Options Play Hints at a Bearish End to 2009
With the Standard & Poor's 500 Index up 47% from the lows it reached in March, many investors are feeling intense relief. But with one or more institutional traders making bets that suggest a bearish end to 2009, the question becomes: How do you read this information and what do you do about it? I'm […]
With One of the Hottest Economies on the Planet Brazil is Finally Living Up to Its Promise
Brazilians used to joke that their country was the country of the future – and always would be because a new crisis seemed to crop up every time the economy came close to fulfilling its potential. But given the economy's strong performance following the financial meltdown that crushed economies the world over, it looks like […]
Investment News Briefs
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. Volt MPG to Hit Triple Digits; Citi Details TARP Spending; Soros: U.S. Economy Has Bottomed; CIT Again On the Cusp of Bankruptcy, Again; Huron Under Investigation by the SEC; Madoff […]