Greek Exit from the Eurozone Looming, Perhaps by this Weekend

The once-unthinkable event- Greece’s exit from the Eurozone – may happen as early as this weekend. The signs are not good, governments have begun to game plan a Greek exit, ...

Strong Housing Recovery Begins with a 3.3% Increase in April Sales

New home sales showed strength in April Housing sales showed new strength in April 2012, rising by 3.3% from March 2012 to a seasonally adjusted annual rate of 343,000, according to ...

Facebook Drops 11% in Early Monday Trading

Facebook's stock price has plunged 11% on the first full day of trading Well, the stock was hardly a day old before Facebook’s new stock owners fell to earth with a crushing ...

Employment Picture Improves in Most U.S. States

The Associated Press reports that the unemployment rate fell in two-thirds of U.S. states last month, demonstrating that modest economic growth is boosting hiring in most areas of the ...
Could Facebook stock be a sucker bet long-term?

Facebook Stock a Ponzi Scheme? I Have to Agree.

Could Facebook stock be a sucker bet long-term? There’s a great article by Ryan Holiday in Forbes about Facebook being a Ponzi scheme. You can read it for yourself but the main ...

Facebook Resets Today as a Publicly Traded $104 Billion Company

Facebook becomes a $104 billion behemoth today The world’s major social networking company begins life anew today as a publicly traded company on the Nasdaq. With its IPO priced ...

U.S. Leading Indicators Fall in April

The U.S. economy may be slowing The Conference Board Leading Economic Index® (LEI) for the U.S. declined 0.1% in April to 95.5 (2004 = 100), following a 0.3% increase in March, and ...
greece run on banks thumb

Greece: The Run on Banks has Begun

Greeks line up outside a bank for their pension checks March 26, 2010 in Athens, Greece Finally, it seems the long-predicted Greek meltdown seems to have begun, with a run on the banks ...
Facebook's stock price has plunged to 11% on the first full day of trading

Is Facebook Stock Overpriced? Will that Stop You from Buying?

Is Facebook Overpriced? Got a hot tip for you: how about a great stock that’s trading at about 100 times earnings? Too high, you say? I know it’s way higher than today’s ...

Stock Market Swoons, Europe Mostly to Blame

Alexis Tsipras, leader of anti-austerity Syriza may hold the world's stock markets in his hands U.S. stocks continued falling for a fifth day, sending the S&P 500 Index a four-month ...

Grexit or Grashall Plan?

Chaos is becoming a way of life in Greece There’s an interesting article by Matthew Lynn discussing the possibility of Greece’s exit from the Eurozone or the ‘Grexit’ ...

JPMorgan’s Dimon Gets $23 Million Package after $2 Billion Loss

JP Morgan's CEO Jamie Dimon gets a $23 million pay package A week after JP Morgan suffered a $2 billion (and counting) loss from hedge fund trading, its Chairman and CEO, Jamie ...

Mortgage Rates Drop Further to Record Lows

Mortgage rates have fallen to historic lows Falling fixed mortgage rates broke the record for low pricing set just one week earlier, reports mortgage rate research website, BurlingtonMortgage.biz. Average ...

Study Shows Employment Prospects Brighter for New College Grads

Prospects are brighter for graduating students this year The employment prospects for new college grads are finally on the mend after taking a beating from the Great Recession. This ...