Archive for March, 2010
Nobody’s worried. Time to worry?
The first quarter is about to come to a close. And most investors will look back fondly on the first three months of this year — especially when compared to a year ago.
Souping up the site: The brains behind LinkedIn’s tech upgrade
Nothing can spoil a website’s success faster than its own growing pains.
Oil pares gains after supply increase, Obama speech
Oil prices were on track to post a new 2010 high Wednesday morning, but then fell after a higher-than-expected inventory report and the news that President Obama wants to open new areas to offshore drilling.
Budget brawl: Experts butt heads on health reform
Some of the smartest budget experts say the new health reform law will do much to reduce the deficit. But there are others who say it more likely will be a budget buster.
Stocks pare losses
Stocks turned mixed Wednesday, the final day of a first quarter bolstered by a strong showing in March, after energy and financial shares helped regain losses sustained after downbeat economic reports.
Private sector continues to shed jobs
Private-sector employers continued to cut jobs in March, highlighting the challenges still facing the nation’s job market, according to a report released Wednesday.
Dollar dips after jobs report
The dollar dipped against major currencies on Wednesday after a disappointing report on private-sector payrolls.
ADP brings home the bacon
Few companies get as easy and guaranteed a PR hit as Automatic Data Processing (ADP). Each month its eponymous payroll report comes out two days before the government’s own and gets reported, dissected, and beamed out to anxious market watchers the world over. “You couldn’t buy the coverage,” says CEO Gary Butler.
The coming inflation wave
Whether the American economy is in an inflationary or deflationary environment sounds like it should be a fundamental and settled question. But due to the unprecedented financial crisis, the answer is actually subject to intense debate among economists.
J.P. Morgan: Bulls vs. bears
If there was one bank that managed to emerge from the financial crisis unscathed, it was J.P. Morgan Chase. Led by CEO Jamie Dimon, the massive financial services company never posted a quarterly loss during the downturn.
