Equity Market News
Investors See Silver Lining in Budget Deal
The three major stock indices closed up on Wedneady after Congress agreed to budget deal late Tuesday night, bringing an end for now to the frenzy over the nation's fiscal cliff. "I think it symbolizes that the deal is better than feared," said David Bianco, U.S. equity strategist for Deutsche
Toys 'R' Us New Tablet For Kids
Morning Business Memo: Make way for the Tabeo – the latest entry in the increasingly crowded market for tablet computers. The number one toy retailer Toys “R” Us has announced it sell a Wi-Fi tablet aimed at kids. The device will feature “50 free preinstalled...
The End of Tax-Free Online Shopping?
Morning Business Memo Tax-free shopping for online goods may soon become a thing of the past. A bill in Congress would make collection of sales tax a standard practice on the web, something traditional brick and mortar retailers argue is a matter of fairness. Stores...
Stock Market Opens Lower on News From Greece
Traders bracing for a drop in the Dow today futures were down. Outdoor markets across Europe and Asia joining me to discuss the business headlines this Monday morning is Sheila and good morning Sheila good to see if things happening in the happy Monday the markets not looking particularly happy
Economists comment on Fed rate plan
What economists said about Tuesday's statement from the Federal Reserve's policymaking committee, announcing that its key interest rate will remain at current low levels at least through mid-2013: "The Fed's statement today is akin to telling a child the boogeyman is indeed in the closet, but you
After 2 years, can bull market maintain pace?
The raging bull market in stocks — born at the depths of the most severe financial crisis since the Great Depression — turns 2 today. In stock market years, that means the bull is entering middle age and its future is more uncertain. The life expectancy of an American is now 77.8 years, according
Jan. 27, 1989: Barbara Walters Interviews Gadhafi
Moammar Gadhafi has to some people one of the most frightening names in the world today the of strongman of Libya. This past weekend Barbara traveled to Libya for an exclusive interview with Gadhafi. Now the United States has broken off diplomatic relations with Libya Americans can't go there
Stocks Highest Since Summer 2008
First up yesterday many markets closed at their highest levels since a financial crisis started and a half years ago our analysts expecting this encouraging trend to continue. suck up that you Stephanie earnings and economic data not earnings are powering things right now we're seeing seventy plus
Jump-In Hiring Jolts Wall Street
Bloomberg TV's Courtney Donohoe says more jobs added last month than expected.