In 2001, the BRICs – Brazil, Russia, India, and China – would be the engines of economic growth. These four countries demonstrated enough political stability, population growth, and openness of trade to warrant being acclaimed as the economic superstars of the next decade.
They were named the best investments to make to play global growth. And they delivered.
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As Main Street gears up for the holiday shopping season, the retail sector takes center stage on Wall Street.
The bad news for those investing in retail stocks: Morgan Stanley cautions overall retail sales growth is expected to be the weakest since 2008 – meaning the sector's robust 40% year to date could be headed for a slowdown.
Weighed down by concerns over pay and hiring, consumer confidence continues to fall, suggesting consumers will continue to be tight-fisted. After a steep drop in October, the consumer confidence level fell further in November. Slipping to 70.4 from 72.4, it marks the lowest level in seven months, Tuesday's Conference Board data revealed.
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Stock Market News Today, Nov. 27: U.S. stock futures today are headed for yet another record-breaking session as stocks are up across the board ahead of tomorrow's holiday.
The Standard & Poor's 500 is up about 0.3% at 1,807 points and the Dow Jones Industrial Average is up 0.2% to 16,101 points. The Nasdaq Composite Index is up 0.5%, marking a high of 4,039 today.
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Our best stocks to buy list last week stemmed from oil and drug stocks – and some gems from tech, which we learned is not in a bubble…
It was a good week for investing as markets continued hitting record highs. The broad-based S&P 500 Index topped 1,800 for the first time Friday, just one day after the Dow sailed past 16,000, and the Nasdaq ended the week just shy of 4,000 (which it hit Monday this week).
As indexes climb, investors grow increasingly cautious. Predicted outcomes run the gamut from a modest market pullback, to a steep correction, to a bursting bubble.
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The list of places that accept Bitcoin has grown into the thousands – making it hard to believe just one year ago this virtual currency was more associated with criminals than consumers.
Initially considered by some to be a rogue electronic currency best suited for trading on the black market, Bitcoin has quickly become a legitimate payment option for retailers worldwide.
But you won't believe the things you can buy with Bitcoin now...
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It's a question that Microsoft Corp. (Nasdaq: MSFT) needs to get right: With current Chief Executive Officer Steve Ballmer slated to retire within a year, who will become the next Microsoft CEO?
The answer to that question is crucial to the health of the struggling tech giant and the revitalization of the company's stock. A series of missteps – not the least of which was Microsoft's failure to recognize the mobile revolution until it was too late – had left the stock languishing for more than a decade.
this is the person with the most realistic shot at turning Microsoft around...
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Given the stellar performance of Harley-Davidson (NYSE: HOG) – the stock is up a whopping 300% over the past five years, 40% in the last year alone – you'd think the iconic motorcycle maker is firing on all cylinders.
But just as a motorcycle can be going 90 miles per hour right before it runs out of gas, Harley-Davidson stock looks like it doesn't have much farther to go.
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From the Editor: You're receiving special access to Private Briefing today because Bill is tracking a story with far-reaching implications. More than an opportunity to profit, these events will impact the lives of people all around the world. Here's Bill…
Since launching Private Briefing back in August 2011, we've been chronicling the escalating potential for cyber-warfare and cyber-terrorism. And with the cyber-assaults that China's People's Liberation Army (PLA) have been launching against America over the last year or so, it's a story that we've been following with an increasing amount of attention.
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The markets continue to reach all-time highs, leaving some wondering just how high the Dow Jones Industrial Average can go.
Is Dow 18,000 realistic?
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There's a catchy new acronym gaining traction in emerging markets, and it points to the next best investment opportunity in developing economic growth.
Four emerging markets – Mexico, Indonesia, Nigeria, and Turkey – make up the MINT economies. Like BRIC – Brazil, Russia, India, and China – before them, these four are expected to outpace the developed world over the coming years. According to Bloomberg, they've already doubled their economies since 2000.
Of those four, one is a clear leader: Mexico.
setting it up to rake in profits for years...
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