Chart watchers have noticed an eerie pattern – the bull market of 1982, which ended in the Black Monday stock market crash of 1987, looks way too much like the current bull market.
The shellacking the markets took last Thursday is the most powerful warning sign we’ve seen yet that things are not what they seem in the financial markets. For lack of a better term, it’s a bearish omen, despite Monday’s recovery.
you’d better believe it will be brain-dead simple to rent or buy from Amazon’s considerable trove of video and music content.
Friday another Bitcoin milestone was reached, as it is the first day that Internet retailer Overstock.com (Nasdaq: OSTK) started accepting the digital currency as payment.
Facebook (Nasdaq: FB) stock has more than doubled this year, but can it get another shot in the arm with a new ad strategy?
Facebook (Nasdaq: FB) stock still has a lot to prove if it wants to win over value investors, but it took a big step in that direction Wednesday with the announcement of its addition to both the S&P 500 and S&P 100 Indexes.
If you think Amazon.com Inc. (Nasdaq: AMZN) will do a booming business on Cyber Monday this year, consider that Chinese shoppers will spend more money today with that country’s top e-commerce website, Alibaba.com Ltd., than American shoppers will spend on Black Friday and Cyber Monday combined.
Some key earnings reports that came in stronger than expected pushed markets higher Friday, to end the week with a gain.
In attempts to break the fiscal stalemate lingering in Washington, D.C., U.S. President Barack Obama claims he’s ready to do some serious “grand bargaining”…
The president presented his so-called grand bargain plan Tuesday during a trip to an Amazon.com Inc. (Nasdaq: AMZN) distribution center in Chattanooga, TN. The controversial proposal includes cutting the corporate tax rate, long-favored by congressional Republicans, in exchange for stepped-up spending on jobs programs.
Fed up with corporate tax avoidance that keeps their fingers off of billions of dollars in potential revenue to feed their spendthrift ways each year, governments in the world’s richest economies soon hope to have a plan to do something about it.
The Organization for Economic Cooperation and Development (OECD) will present a preliminary version of such a plan at the meeting of G20 finance minister in Moscow on July 17.
