Gold Price Bubble? Gold prices, what's ahead?
Stock Market Up and down, but when is the next bubble?
NEW YORK/BERLIN–Chrysler won interim approval from a U.S. bankruptcy court to access a $4.5 billion loan as it tried to move ahead in its planned alliance with Fiat SpA, while the Italian automaker advanced its bid for General Motors Corp’s European Opel brand. Also, a group of investment funds sought on Monday to block Chrysler’s [...]
Kraft Foods Inc (KFT: 25.7414, 1.4914, 6.15%) posted a higher-than-expected first-quarter profit helped by price increases and cost-cutting measures. The largest North American food company on Tuesday also stood by its 2009 earnings and revenue forecasts. // In recent years, Kraft has cut production costs while also increasing advertising and product development to help it [...]
Stocks fell slightly at Tuesday’s opening bell as the bulls take a breather from Monday’s big day and Wall Street braces for a report on the U.S. service sector and testimony from Fed chief Ben Bernanke. Today’s Markets As of 9:32 a.m. EDT, the Dow Jones Industrial Average slid 21.27 points, or 0.25%, to 8406.87, [...]
Citigroup may put more employees on commission or offer them larger base salaries as it tries to retain key staffers without running afoul of laws limiting executive pay at banks that receive government funds. Three people familiar with the matter said the bank has examined a series of possible moves, including special stock-based bonuses, or [...]
WASHINGTON — Federal Reserve Chairman Ben Bernanke will provide Congress with a fresh assessment of the country’s fragile economic health that probably will note some recent improvements, but still warn that it will take time — perhaps years — for the economy to get back to normal. At the same time, Bernanke is likely to [...]
WASHINGTON — The U.S. is expected to direct about 10 of the 19 banks undergoing government stress tests to boost their capital, according to several people familiar with the matter, a move that officials hope will quell fears about the solvency of the financial sector. The exact number of banks affected remains under discussion. It [...]
General Motors Corp. may be more likely to end up in bankruptcy based on the Obama administration’s willingness to place Chrysler LLC into court protection to safeguard union health-care benefits. With GM and its biggest bondholders at odds over resolving $27 billion in unsecured claims by a June 1 deadline, the Chrysler model indicates that [...]
The head of the World Health Organization, Margaret Chan, yesterday suggested the swine flu pandemic alert would eventually move to its highest level. But the woman in charge of the global fight against the H1N1 outbreak said a move to level six should not be taken as a cause for panic. “Level six does not [...]
Swine flu cases reached 1,085 worldwide, spreading to 21 countries and every major region of the U.S., health officials said. The symptoms, no more serious than those of seasonal flu, may worsen as seasons change. In the U.S., the H1N1 virus has been confirmed by laboratory tests in 286 patients in each of nine regions [...]
WASHINGTON (Reuters) – The new H1N1 swine flu has infected 286 people in 36 U.S. states and it is likely to spread to every state, the U.S. Centres for Disease Control and Prevention reported on Monday. Most cases remain mild but 35 have been hospitalized, the CDC’s acting director, Dr. Richard Besser, told a news [...]