May Trade Balance Report
The Commerce Department reported on Friday the U.S. trade deficit in goods and services declined to $59.8 billion in May from $60.5 billion in April. Economists... >>>
Foreclosure Bill Moves One Step Closer
After the housing market rescue plan won House of Representatives approval in May by a bipartisan vote of 46 to 21, the Senate moved a step closer on Thursday by... >>>
Vodafone: India Tax Bill May Reach $4 Billion
Vodafone (VOD) - a UK mobile network operator and the largest mobile telecommunications network company in the world by turnover - according to Financial Times... >>>
Fannie and Freddie: OFHEO Director Lockhart Statement
It certainly hasn’t been easy for Fannie Mae (FNM) and Freddie Mac (FRE), particularly during this week. Hefty losses and insolvency issues continue dominating... >>>
Wall Street Gains Amid Oil Spike
Futures indicated an upward start to today’s action, causing major averages to open modestly higher on Thursday. Following a modestly higher open however,... >>>
Fannie and Freddie: What Would Happen If They Fail
Freddie Mac (FRE) and Fannie Mae (FNM), both government sponsored enterprises - fell to the lowest levels in more than 12 years during the course of this week’s... >>>
Google-Yahoo Deal Facing Regulators As YouTube Revenue Issues Persist
The troubling trend for Google (GOOG) when it comes to advertising, a trend that first appeared at the end of the Q1, ‘08 are well-known. If we recall, only... >>>
Dow Drops 237 Points
Futures traded lower after oil added more than $2 p/bl on news that Iran’s elite Revolutionary Guards test-fired nine long-and medium-range missiles Wednesday,... >>>
Mortgage Applications Paint A Mixed Picture
Slow home-building activity and price-deterioration will continued to be part of the housing sector at least, until mid fiscal 2009, where analysts predict the... >>>
Fed’s Lacker On Economic Outlook
Jeffrey M. Lacker President, Federal Reserve Bank of Richmond, in his speech Tuesday at the National Economic Club In Washington D.C. - made, what I thought to... >>>
