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Typical CEO made $9.6 M last year, AP study finds Published: Sun, May 27, 2012 Profits at big U.S. companies broke records last year, and so did pay for CEOs. Read More
Investor anger mounts Updated: Wed, May 23, 2012 JPMorgan blunder, Morgan Stanley handling of Facebook IPO result in suits Read More
Facebook's stock falls 11 percent Monday Published: Tue, May 22, 2012 After Facebook's stock fizzled on Friday in its long-awaited debut, its stock fell 11 percent on Monday, even as the rest of the stock market rallied. Read More
With Apple in, Dow would have set record long ago Published: Fri, May 11, 2012 If Apple had been added to the Dow in June 2009, the average would be about 2,500 points higher than it is and well above its all-time high. Read More
Hiring slowdown sends the stock market reeling Published: Sat, May 5, 2012 Investors fear that U.S. economic recovery may be faltering. Read More
Investors say Berkshire to endure after Buffett Updated: Thu, May 3, 2012 Investors would rather not imagine life without Warren Buffett, the Oracle of Omaha, who is 81 and said last month that he had been diagnosed with prostate cancer. When the day comes, people who have studied the company say Berkshire without Buffett will probably look a lot like Berkshire with Buffett. Read More
Manufacturing growth lifts stocks Published: Wed, May 2, 2012 Dow Jones industrial average closes at 13,279.32, its highest since 2007 Read More
Smart dividend strategy pays off Published: Mon, Mar 19, 2012 Why is the stock market rising? The economy is still in rough shape, unemployment remains stubbornly high, housing remains weak, and the European financial system is a mess. Still, U.S. stocks are rising, and we're seeing daily headlines about the market hitting new four-year highs. Why? Well, two reasons.... Read More
What you need to know about Dow vs. S&P 500 Published: Mon, Feb 27, 2012 Q. What's the difference between the Dow Jones industrial average and the Standard & Poor's 500 average, aside from the obvious fact that the S&P includes many more stocks? A. There is a huge difference between the two, and it goes far beyond the fact that the Dow has only 30 stocks, a fraction of the number in... Read More
Some reasons to be bullish on the stock market Updated: Tue, Sep 27, 2011 There' has been so much volatility and panic in the stock market lately that maybe it's time to step back and take a longer perspective. When "everyone knows" that a recession is coming, when "everyone knows" that the Fed is "pushing on a string" and when "everyone knows" that the politicians are going to mess up... Read More
Shoppers won't lose energy in 2011, economists say Updated: Thu, Jan 6, 2011 Americans spent more in the 50 days before Christmas than analysts had expected — the sharpest annual increase since 2006. It's the surest sign yet they're becoming less frugal as the economy rebounds. Read More
Everybody Loves a 'Sale' -- Except in the Stock Market Updated: Tue, Oct 26, 2010 You've heard the expression "timing is everything." That holds true in the stock market as well as in life. Most people have bad timing when it comes to investing because they're led by their emotions. So it might be better to say that when it comes to investing, the most important thing is "time in the market,"... Read More
Money mistakes to avoid Published: Tue, Sep 14, 2010 The memory of 2008's breathtaking market collapse isn't likely to fade anytime soon. But even that painful memory may not prevent people from pouring money into the next investment bubble. Consumer Reports Money Adviser recently identified some common investor mistakes, pre- and post-meltdown, and recommended... Read More
Stocks tumble 376 points as euro drops, jobless claims rise Updated: Thu, May 20, 2010 NEW YORK (AP) — Stocks plunged again Thursday as more investors woke up to the possibility that economic problems such as Europe's debt crisis might spread around the world and stop the growing recovery in the U.S. The Dow Jones industrial average fell 376 points, its biggest one-day point drop since... Read More
State stocks battered by market sell-off Published: Mon, Oct 6, 2008 The shares of some of Oklahoma’s most highly regarded companies were battered today as the stock market plummeted. The Dow Jones Industrial Average skidded more than 500 points in the first hours of trading to fall below the 10,000 level for the first time in four years. The plunge sent many state stocks... Read More
Stocks extend declines after manufacturing report Updated: Wed, Oct 1, 2008 NEW YORK (AP) -- Stocks are extending their declines as a weaker-than-expected reading on the manufacturing sector is fanning Wall Street's worries about the health of the economy. The report from the Institute for Supply Management reveals a troubling drop in new orders. The news is raising concerns... Read More
Stupid Investment of the Week: Oak Associates funds Published: Sun, Aug 6, 2006 The typical investor hates to admit defeat. They will hold on to an investment - hoping to get back to break-even - long after a disinterested observer would declare “game over.” They see a fallen angel and expect it to sprout powerful new wings. It’s hard to shed eternal optimism and Pollyannish hope... Read More
Dow closes up 119 on economic slowdown Updated: Fri, Jul 28, 2006 NEW YORK -- A sharp slowdown in economic growth propelled stocks higher Friday as the government's latest gross domestic product reading fed hopes for an end to interest rates hikes. The major indexes finished the week with a solid advance. Investors bid shares higher after the Commerce Department said GDP growth... Read More
Rate rises to highest level in 5 years Updated: Fri, Jun 30, 2006 WASHINGTON - The Federal Reserve on Thursday raised a key interest rate for the 17th consecutive time but signaled that any further rate hikes would depend on economic developments. The central bank boosted the federal funds rate, the interest that banks charge each other, by a quarter-point to 5.25 percent,... Read More
Stocks regain footing Updated: Fri, Jun 16, 2006 NEW YORK - Wall Street rallied for a second session Thursday as strong earnings from Bear Stearns Cos. and mild economic data helped stocks regain their footing after several weeks of hefty losses. The Dow Jones industrials surged almost 200 points to surpass the closely watched 11,000 level. Although the day's... Read More
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