Oil Remain at $78 on Demand Concerns
Oil stood at $78.03 a barrel in mid-day trading in Europe as investors took time to study recent cor...
IMF Warns of Global Recession “Double Dip”
The International Monetary Fund (IMF) issued a warning that the possibility of a another recession -...
Trichet remains on the offense
Martin Luther King Day in the US will make the market feel like ‘sleepy hollowâââ€...
JPMorgan Records $3.3 Billion 4th Quarter Profit
JPMorgan released its year-end results showing that the investment firm earned a profit of $3.28 bil...
US Inflation Registers Slight Increase
The US Labor Department said today that the Consumer Price Index (CPI) rose only 0.1 percent in Dece...
PIIGS hurt EUR
Are we missing the big picture? How come markets seem to be trading as if the global risks to econom...
CFTC Wants to Reduce Energy Speculation
The Commodity Futures Trading Commission (CFTC) announced a plan that would see limits placed on tho...
Obama Proposes Financial Crisis Responsibility Fee
The cat is out of the bag on the worst-kept secret on Wall Street as US President Barack Obama annou...
US Retail Sales Fall 3% in December
Despite predictions of a 0.5 percent increase in retail sales for December, actual results indicate ...
New US Jobless Claims More than Estimated
The US Labor Department announced today that a total of 444,000 new jobless claims were made last we...
Property Prices in China Continue to Rise
Property prices in China rose at an annual rate of 7.8 percent in December compared to 5.7 percent i...
US Bank Tax Details Expected Today
President Barack Obama will reveal details later today for a new tax to be charged to banks that rec...
Trichet and ECB remain predictable
[mserve id="Central_Bank_ECB.jpg" align="left" width="291" caption="European Central Bank" alt="Euro...
Australian December Employment Rises 35,200; Jobless Rate 5.5%
Australian employers added workers for a fourth straight month in December, driving the nationââ...
Obama Takes on Wall Street Bankers
Later today, President Barack Obama will announce the application of new fees on those financial ins...
China Takes Global Export Lead
We learned early last week that China had surpassed Japan to become the world’s sec...
US to Announce Bank Fees to Recover Bail-Out Funds
The Obama administration is set to announce new fees on banks and financial institutions in order to...
Markets Fall as China Tightens Credit
Concerns that China's rapid growth could lead to inflation have prompted the People's Bank of China ...
Germany’s Economy Shrinks by 5% in 2009
For the first time in six years, Germany's economy suffered a contraction, losing a full 5 percent i...