Stocks trimmed their gains today as investors expressed concern on whether the Federal Reserve may signal that it will scale back its stimulus at the conclusion of its next policy meeting. more»
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Ever since Fed Chairman Ben Bernanke hinted that the Fed could begin tapering its stimulating efforts, volatility returned to the stock market. more»
Asian Currencies Feeling the Sting; Netflix Teams up with DreamWorks; The Other Side of the Story: Easing to Spur Double-digit Stock Growth
For weeks now, uncertainty about how long the Federal Reserve’s stimulus support would last has been the primary driver pushing Asian currencies lower. Now it looks like a whole host of pressures will be piling on in the months ahead. more»
An interesting new report involving the “SS-4″ reveals a stunning secret about some of America’s wealthiest people. To find out exactly what they’re doing, and how it could make you America’s next millionaire, just go here.
Dish Network (DISH) Chairman Charlie Ergen is giving investors an intriguing drama to follow as he attempts to outmaneuver Tokyo-based SoftBank Corp. (9984) for control of money-losing, high-speed Internet network Clearwire Corp. (CLWR) and the latter company’s valuable airwaves. more»
Stocks fell today, following yesterday’s rally in the S&P 500, as the International Monetary Fund shredded its 2014 outlook for America and urged the central bank to manage its exit from stimulus plans. more»
Smithfield Profit Plunges on Drop in Exports; Clearwire Gives Dish’s Ergen a Nod in Billionaires’ Duel; U.S. Wholesale Prices Rise in May
Hog producer Smithfield Foods Inc (SFD.N), which recently accepted a $4.7- billion buyout offer from China’s Shuanghui International, posted a 63 percent drop in net profit as its exports to China and Russia fell due to concerns about a drug it uses to produce lean meat. more»
The Federal Reserve controls interest rates, right? Not so fast. Ben Bernanke and Co. set the Discount Rate, the interest rate that banks pay to the Fed to borrow money short term. But they have a much harder time controlling long-term rates.
Short-term rates are still low (less than 1%), but long-term rates recently have risen dramatically. The 10-year note has more»
Stocks gained today, giving the S&P 500 its biggest gain since early January, due to better-than-predicted economic data and acquisitions in the media and grocery industries. more»
Stocks fell today, sending the S&P 500 to a third day of losses, as investors considered prospects for economic growth and the pace of Federal Reserve stimulus actions. more»
The last few ETF Talks have highlighted broad-based agricultural funds, but today’s featured exchange-traded fund is one that is focused on a narrow part of the sector: food production. This week’s featured ETF is the iShares MSCI Global Agriculture Producers Fund, which has an amusing ticker symbol: VEGI.
This fund tracks an index that follows public companies engaged both directly and more»