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China Economy Sound, Says Government 27 Aug 2013 | 09:47 am

The China economy is sound, it’s stable, and after 10 straight quarters of losing ground it is finally turning the corner, this according to the government there.  Officials in the world’s second larg...

China Economy Makes Turnaround 26 Aug 2013 | 07:11 pm

The government is now trying to assure businesses that the China economy has stabilized after six months of decline, this as new manufacturing data shows the country’s PMI index moving past 50.  The P...

NASDAQ Glitch Halts Trading 23 Aug 2013 | 09:19 pm

The NASDAQ exchange was brought to a literal stop Thursday as a technical glitch caused trading to halt for 3 hours on thousands of stocks.  The exchange was able to resume trading at 3:25 EDT after a...

Walmart Made in America Making a Comeback 22 Aug 2013 | 06:37 pm

There once was a time when everything sold at Walmart was manufactured in the USA.  Walmart Made in America was a principal belief held by founder Sam Walton, and now the company that owes it success ...

ECB Avoids Discussion of Further Greek Bailout 21 Aug 2013 | 09:40 pm

An official from the ECB, the European Central Bank, did his best to avoid answering the question: will there be another Greek bailout fund?  But the question is not going away as speculation gathers....

Barnes and Noble Reporting 1Q Losses 20 Aug 2013 | 08:10 pm

Bad news as Barnes and Noble reporting for 1Q shows net losses more than doubled from the same time one year ago.  On top of that, former chairman of the board Leonard Riggio says he will no longer pu...

Trader Joe’s Lawsuit Aims to Shut Down Canadian Store 19 Aug 2013 | 08:20 pm

Even though Michael Hallatt, a Canadian in Vancouver, spent hundreds of thousands of dollars at Trader Joe’s in Washington state, the company says it no longer wants his business.  A Trader Joe’s laws...

New Home Starts Rise in July 16 Aug 2013 | 06:39 pm

US builders broke ground on more houses in July, this as new home starts saw a turnaround from the sharp drop in June.  New numbers show that even as mortgage rates gained slightly, it hasn’t slowed d...

Cisco Systems Cutting 5000 Jobs 16 Aug 2013 | 05:53 am

Just as Cisco Systems came in below Wall Street estimates for 2Q reporting, it announces that it will be laying off 5000 workers in a cost-cutting effort to short up its bottom line.  The 5000 jobs ma...

Wall Street Loses Ground on Weak Macy’s Reporting 15 Aug 2013 | 02:10 am

Stocks were down Wednesday on Wall Street, this as Macy’s reported weaker earnings and a downgraded outlook for the rest of the year.  Stocks in Europe were up after it was made official, the recessio...

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