The New York Stock Exchange is readying plans to be able to operate without human traders in case another disaster, such as Superstorm Sandy, forces the shutdown of its historic trading floor in downtown Manhattan, The Wall Street Journal reported.
The Dow Isn't Really At A Record High (And It Wouldn't Matter If It Were) ... Just a quick, cranky reminder:
The most brutal attack on your wealth ... your freedom ... and your way of life is underway right now!
The number of jobs in the US grew by 236,000 in February, and the official unemployment rate fell to its lowest level since 2008, according to the Labor Department’s latest jobs report released Friday.
With the DOW blowing by milestones I went looking for other things that were at record levels.
Today we we get the biggest labor market indicator of the month: February nonfarm payrolls (NFP), due out at 8:30 AM ET.
Last night, Sam Ro posted this chart from Morgan Stanley, which shows the correlation between the US dollar and the S&P 500.
Last week, Nevada gasoline prices averaged $3.75 at the pump — a leap of 59 cents since the beginning of the year.
The Dow is at a record high and so are corporate profits – so why does it feel like most of the country is deeply suffering right now?
In his Congressional testimony last week in Washington, Fed Chairman Ben Bernanke took time to downplay the significance of the few dissenting voices on the Fed's Open Market Committee (FOMC).
Hyperinflation! The Libertarian Fantasy That Never Occurs ...
One of the longest and most powerful equity bull markets in history turns 4 years old today. And traders believe there is just one man to thank: Federal Reserve Chairman Ben Bernanke.
We have a decent amount of economic data coming out of the U.S. today.
French bank Societe Generale is exiting America's biggest municipal bankruptcy, saying in court filings that it had sold its holdings of defaulted sewer warrants issued by Alabama's Jefferson County.
The minimum wage in 1964 was raised to $1.15 in September; pretty close to the five quarters. The exact exchange would be four quarters and one and a half dimes, which today (March 4, 2013) equals $23.81, or more than three times the current federal
The old era in which central banking trust was ingrained in the system is gone now – and the ramifications are many even though they have not yet been felt.
If not for monetary debasement, the stock market would have foundered.
A new national study shows that too many of us are cashing out 401(k) accounts to pay bills. If that retirement account is calling your name, a financial expert advises you to stop listening.
We speak from experience when we say that translating the jargon-filled, mind-numbing world of personal finance into readable, engaging material for young people is no simple task.
Officially, since June 2009 the US economy has been undergoing an economic recovery from the December 2007 recession. But where is this recovery? I cannot find it, and neither can millions of unemployed Americans.
The recent rally in U.S. gas prices has some economists worried that the consumer is taking a beating right now, especially considering the recent payroll tax hike.
The stock market is within points of hitting an all-time high.
If you're applying for law school, it shouldn't come as a shock to you that you might end up poor after paying for your degree.
Michigan’s governor said unless Detroit’s fortunes suddenly and miraculously improve, he will appoint an emergency manager to take control of the city that was once one of the nation’s most prosperous manufacturing centers.
Losses of over 50% (!) may be in store
A funny thing happened during the Oscars, but it wasn’t anything that came out of Seth MacFarlane’s mouth.
Looking to buy a new car, truck or crossover?
If we can’t even cut federal spending by 2.4 percent without much of the country throwing an absolute hissy fit, then what hope does America have?
Michigan Gov. Rick Snyder will announce tomorrow that the state will likely seize control of the City of Detroit's administration, ABC7's Detroit affiliate WXYZ reports.