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Day 1 of the NASCAR media tour offered few surprises. But it did confirm one thing: Danica Patrick's star is soaring higher than ever. Read More »
The area formerly known as the Asian Tiger countries, mot including Japan or Hong Kong, have never been more important even as most underperform recently. Those countries are blessed with excellent demographics and natural resources. Some are industrial powers like Singapore, Taiwan and South Korea while others offer good commodity plays like Malaysia, Philippines and Indonesia. But, as with Read More »
Tom Brady is one of eight Patriots and Patrick Willis one of eight 49ers to make the Pro Bowl, the most on each roster. Read More »
Son David recalls his dad enriching the culture of TorontoOne of Toronto’s major cultural landmarks changed its name today to honour one of the city’s most beloved citizens. Read More »
Packers linebacker Erik Walden was arrested Friday on a complaint of assaulting his girlfriend and was to remain jailed until at least Monday with court closed for the holiday weekend, according to multiple reports. Read More »
NEW YORK (MainStreet) -- The Congressional supercommittee failed to reach a deal to reduce the national budget deficit by $1.5 trillion, and unfortunately for bank savers, that means more of the same low interest rates savers have been seeing for more than a year now. As for the debt committee, which was charged with reducing the massive $15 trillion public debt, the Breakout podcast from Yahoo! Read More »
The European economy may be struggling, but the faltering Euro is benefitting technology giant Siemens, says Audrey Kaplan, portfolio manager for the Federated InterContinental Fund . In addition, she says the so-called "German GE" will benefit from the European Central Bank's recent decision to lower interest rates. "They are already operating as number one or number two in every business a Read More »
Investors shrugged off more Italian and eurozone worries and focused instead on better than expected economic news in the U.S. Data included a lower PPI report (-.3% vs .8% previous and consensus -.2%); Retail Sales .5% vs 1.1% previous and .2% consensus); Empire State Mfg Survey (.6 vs -.2.6 previous) and lower Business Inventory data (.0% vs .4% previous and .2% consensus). Some believe t Read More »
New York Giants running back Ahmad Bradshaw has a cracked bone in his foot. Read More »
The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. By Scott Pluschau NEW YORK (ETF Digest) -- Caterpillar posted third-quarter record sales and revenue for the company Monday. In their news release I read that they have added more than 30,000 jobs to their global w Read More »
The only thing wrong with the image above is that it's from March 2010, or on one of many previous plans agreed upon. But, markets don't care about this and just thirst for any deal even if memories remain short. These euro zone fixes seem ephemeral and need implementation to stick. HFT algos are programmed to pounce on these presumed fixes and have been active in driving stock prices higher Read More »
The following commentary comes from an independent investor or market observer as part of TheStreet's guest contributor program, which is separate from the company's news coverage. NEW YORK (ETF Expert) -- The U.S economy has been faltering. Politicians have been blaming one another. And confidence is about as bad as it gets. However, what you read or hear in the media about recessions and econ Read More »
Menu unravels when dry beef, a single enoki and burnt spaetzle appear in The Garbardine's strogonoff Read More »
The large gap opening lower was fully expected given the situation globally and especially in Europe. The German stock market has fallen over 8% in the past week and is in bear market territory. (You might just change the names of the characters in the lead image to "Hanz & Franz".) Clearly there's a lot going across the pond. Greek two-year notes hit 89% Tuesday making a default certain. T Read More »
The large gap opening lower was fully expected given the situation globally and especially in Europe. The German stock market has fallen over 8% in the past week and is in bear market territory. (You might just change the names of the characters in the lead image to "Hanz & Franz".) Clearly there's a lot going across the pond. Greek two-year notes hit 89% Tuesday making a default certain. T Read More »
How do they arrive at a number like "zero"? The BLS must round up or down by the thousands. This was said to be the worst unemployment report since 1945. Some wanted to spin it allowing for Verizon workers on strike but then those same folks didn't allow for striking Minnesota government workers who returned to work. The actual unemployment rate, excluding those who have dropped-off the rolls, Read More »
The standard kitchen cabinet is made from wood but today, you can find kitchen cabinets made from a broad range or materials. Because of this, achieving virtually any look wanted has never been easier. If you want to update the kitchen, remember that the cabinets should account for as much as 70% of the budget. [...] Read More »
Police interviewed witnesses and looked for suspects Sunday after two men were shot and wounded following a San Francisco 49ers-Oakland Raiders preseason game, while the NFL and the mayors of the two cities jointly called for an end to "intimidation" and Read More »
The organizer of The Response, the massive Aug. 6 prayer rally initiated by Gov. Rick Perry, is calling on attendees to help register millions of conservative Christians, prompting questions about the group and Perry's claims the event was not political. Read More »
Money market fund story updated with a comment from the Investment Company Institute. NEW YORK (TheStreet) -- Money market funds investing in U.S. Treasuries have been drastically reducing maturities in recent days, amid fear that the prospect of a government default may lead to a wave of redemptions. Government money markets have increased the percentage of their holdings with a maturity of se Read More »
As she runs for re-election, Mayor Annise Parker faces more questions about her handling of the propositions on the Houston drainage fee and traffic surveillance system. Read More »
NFL Players Association representatives told players in a letter Friday to "stay put" this weekend while it reviews the owners' proposed settlement and that the reps would meet Monday to discuss their options. Read More »
NFL owners voted to approve the proposed labor agreement with the NFL Players Association on Thursday, putting the potential end of the league's lockout in the hands of the players, who might vote on the proposed deal Thursday night. Read More »
Economic data today featured more poor reports from Consumer Sentiment (63.8 vs consensus 71), NY Manufacturing Survey (-3.76 vs consensus 8), Industrial Production (.2% vs .4% consensus) and the weirdness of the CPI (headline rate -.2% and "core" rate .2% both missing consensus). Google's (GOOG) sharply higher earnings still reverberated positively over tech-land as the sector recouped some o Read More »
Historians and political scientists say Rick Perry, who is actively testing the waters for a presidential campaign, may be ratcheting up religious rhetoric to seize the mantel of evangelical candidate in the Republican primary, but could frighten away a more mainstream general election electorate. Read More »
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