For the first time in 4 years, GDP growth in the 7 largest economies actually shrank. Will the decline continue?
The true nature of the easing efforts is only revealed after taking into account other government activities.
After a few weeks of impressive buying, risky assets are starting to weaken again.
This power company's shares are backed by the full faith and credit of people who don't want their lights turned off. Meanwhile, Treasurys are riskier than ever.
While the blue chips come back from a 198-point loss, traders fear more declines ahead. Disney results cheer Street. Fossil tumbles after warning European sales are softening. McDonald's April sales disappoint. Oil briefly drops below $96.
But Amazon.com shares slump as revenue misses estimates. Chicago purchasing managers are less optimistic. Home prices drop to 2003 levels. Exxon and Radio Shack earnings disappoint. Mattel cheers.
A volatile 2011 may lead to a repeat performance in 2012. Investors may see some of that volatility in the week ahead. Important reports are due on jobs, manufacturing and auto sales.
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MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
Joe Cantrell says he faces charges after trying to take advantage of the retailer's policy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.