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Bernanke Recession Likely Over But Slog Ahead

By Forex-Master
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WASHINGTON: In his first speech since he was reappointed, Federal Reserve Chairman Ben Bernanke said the recession is “very likely over” but detailed the tough road ahead for the economy.Bernanke also said that despite delays, he is confident that Congress will pass changes to financial rules to ward off future collapses.He hit hard on the… »

Americans Net Worth Up For First Time Since 2007

By Forex-Master
Americans Net Worth Up For First Time Since 2007 - Sep 17 2009

NEW YORK: Finally! After nearly two years of declines, the net worth of Americans rose by 2 trillion to an estimated 53.1 trillion in the second quarter compared with the first three months of the year.The soaring stock market accounted for much of the gain…. »

A Kevlar Killer Comes To Market

By Forex-Master

(Fortune Small Business) — Few entrepreneurs plan to shoot their product down. For David Lashmore, it was a necessity. Lashmore’s company, Nanocomp Technologies, is the first in the world to make sheets of carbon nanotubes — microscopic tubes stronger than steel but lighter than plastic…. »


GE Stock Is Up For 09 Is It and The Market Overvalued

By Forex-Master
GE Stock Is Up For 09 Is It and The Market Overvalued - Sep 17 2009

NEW YORK: Wow. I just had the strangest dream that I had time warped back to 1992. Shares of General Electric were surging and NBC was enjoying great ratings.But it’s… »

Where Are The Subprime Perp Walks

By Forex-Master
Where Are The Subprime Perp Walks - Sep 15 2009

NEW YORK (Fortune) — Where are the perp walks for the subprime mortgage executives that dragged us into this mess? Three years after the housing bubble popped, federal prosecutors have… »

Wall Streets Week Ahead

By Forex-Master
Wall Streets Week Ahead - Sep 20 2009

NEW YORK: With little on the docket to challenge investor optimism, the defiantly bullish stock market is looking to extend its staggering run in the week ahead.And why not? Wall… »

Ask The Expert Lending Money To Family Members

By Forex-Master

NEW YORK (Money) — Question: My sister and brother-in-law have announced that they are broke, and want to borrow money. They went bankrupt a few years ago, but have since… »

Economist Zvi Bodie Debunks Standard Investment Advice

By Forex-Master
Economist Zvi Bodie Debunks Standard Investment Advice  - Sep 16 2009

(Money Magazine) — The advice rolls off the tongues of financial planners and appears frequently in the pages of financial magazines such as Money: To have any shot at retiring… »

Oil Slips Near 72 At The End Of An Up Week

By Forex-Master
Oil Slips Near 72 At The End Of An Up Week - Sep 18 2009

LONDON (Reuters) — Oil prices slipped toward 72 a barrel Friday as dealers took profits from a 5% rally earlier in the week and the U.S. dollar bounced from… »

Gold Finishes Lower After A Strong Week

By Forex-Master
Gold Finishes Lower After A Strong Week - Sep 18 2009

NEW YORK (Reuters) — Gold ended lower Friday, capping a volatile week in which the metal had risen toward its all-time high 1,030.80 an ounce as a steadily falling… »

Detroit Gets Reprieve From Football Blackout

By Forex-Master

NEW YORK (Fortune) — It was beginning to look like another dark season for Lions fans as the home-season opener against the Minnesota Vikings this Sunday was threatened to be… »

Dollar Bounces Off 1-year Low Versus Euro

By Forex-Master
Dollar Bounces Off 1-year Low Versus Euro  - Sep 18 2009

NEW YORK (Reuters) — The dollar rebounded from a one-year low against the euro Friday as waning risk appetite cut demand for higher-yielding currencies and boosted safe-haven demand for… »

 

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