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LATEST & HOT NEWS ON
LATEST & HOT NEWS IN
BREAKING NEWS ON: BUSINESS, ECONOMICS & FINANCE, STOCK & MARKETS BREAKING NEWS IN WORLD
 The collective wisdom of an online community and a simple stock screen are enlisted to seek out stocks with fundamentally good reasons to rally.
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In America's ever-more-democratic society, egalitarianism seeps into everything, even the supposedly severe meritocracy of sport. So every 7-year-old who has soccer shoes laced up by a parent gets a trophy just for showing up, and almost every college football team that is not dreadful is "bowl-eligible." That is why there are 34 bowl games, which is why you might not have noticed Tuesday's Bailout Bowl (Ball State vs. Tulsa, by the way), in which you could have seen your tax dollars at work. Or at play.
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It's the most exasperating time of the year.
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The collapse of the stock market last year left corporate pension plans at the largest companies underfunded by $409 billion, reversing a $60 billion pension surplus at the end of 2007, according to a study released yesterday.
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In his final speech scheduled as Treasury secretary, Henry M. Paulson Jr. yesterday proposed replacing mortgage-finance companies Fannie Mae and Freddie Mac with highly regulated utilities that would play a more limited role in making money available for home loans.
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Currencies including the dollar and the euro have entered a period of extreme volatility that is hindering global commerce and adding further uncertainty to a world economy facing its worst downturn in decades.
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Stocks tumbled yesterday as new employment data showed a loss of 693,000 private-sector jobs in December and key companies reported layoffs and poor earnings forecasts.
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Delinquencies on auto loans and home equity lines of credit reached their highest levels on record during the third quarter of 2008, the American Bankers Association reported yesterday.
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The nation's budget deficit will soar to an unprecedented $1.2 trillion this year, congressional budget analysts said yesterday, a startling tide of red ink that could dampen enthusiasm on Capitol Hill for some of President-elect Barack Obama's most ambitious priorities.
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Venezuelan-owned Citgo Petroleum, which had earlier indicated it might end a home heating oil assistance program for low-income Americans, yesterday said it had decided to continue the program.
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PCT: 0.318 s.
