Finance
Now, in the good old days, prior to the '80's and banking deregulation, when someone bought a house and acquired a mortgage the loan stayed with the bank that gave it to them.
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America is starting to see some recurring signs of a recovery, including a recent increase at last in the number of new jobs in 23 states. That's still marginal and less than half of the country but it's a start and in the right direction. Read more
All this marketing and bloviating ignores the fact that two very similar cola products do not equal actual choice.
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In the past hundred years Coca-Cola and Pepsi Cola have spent billions in advertising and employed millions of people to get you to think this caffeinated bubbly sugar water is different/better/worse than that caffeinated bubbly sugar water. People are fiercely loyal and opinionated on the subject. Read more
According to the US Census, the US international trade deficit in goods and services decreased to $37.3 billion in January
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One of the bigger obstacles to the US economy gaining substantial numbers of jobs is the battle over valuation of currency among different nations. Read more
The Dow Jones industrial average (INDU)rose as high as 10,001.58 with about 2-1/2 hours left in the session.
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NEW YORK (CNNMoney.com) -- Stocks rallied Wednesday afternoon, with the Dow industrials briefly touching 10,000 for the first time in over a year, following better-than-expected quarterly profit reports from Intel and JPMorgan Chase.
The Dow Jones industrial average (INDU)rose as high as 10,001.58 with about 2-1/2 hours left in the session. It then stepped back slightly, to a gain of 128 points, or 1.3%, to 9,997.
The last time the Dow crossed 10,000 during a trading session was Oct. 7, 2008, when it briefly touched 10,124.03. Read more
