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NEW YORK -- That old saying "cash is king" certainly rings true these days. Investors can't seem to get enough of it, which ultimately could be bad news for the stock market and the economy.
NEW YORK (AP) — Pump prices fell every day this week, easing off a summer peak near $2.70 a gallon as U.S. storage facilities swelled with unused gasoline.
For an economy hit hard by a housing collapse and a financial market meltdown, the first half of the year ended on a relatively positive note.
You might be scared, but that's not always bad — if you channel your fear into action.
Every now and again, an investor can look at mutual-fund performance charts and think they see an undiscovered gem, some issue which no one has heard about that appears to have a reasonable strategy, below-average expenses and a place at the top of the charts.
July 5 (Bloomberg) -- Service industries in the U.S. probably shrank in June at a slower pace, signaling the worst recession in a half century is easing.
BETTINA WASSENER The declines in Asia's stock markets were more muted than those on Wall Street and in Europe, but they illustrated the same point: That a pullback is in full swing after a three-month rally.
A grim report on unemployment on Thursday let the air out of the stock market, which ended a shortened trading week on Wall Street with sizable losses.
After spending most of 2008 and the first quarter of this year fleeing from volatile areas of the market, investors are now racing toward them.
U.S. stocks rose on Wednesday, the start of the third quarter, as reassuring manufacturing data from China, Europe and the United States reinforced hopes that the world’s economy is on the road to recovery.
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