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10 Smart Investments to Hold in Case the U.S. Defaults
3:15PM 7/25/2011
Economy, Investing, Stock Picks, Investing Basics, Investment
The odds that the U.S. will default on its debt increase each day, and even if a short-term deal is reached, the ratings agencies may downgrade U.S. debt anyway. If that happens, turmoil could roil the markets. So where can the smart money flee for safety? 24/7 Wall St. offers 10 safe options.
European Economic Confidence Gains After Export Growth
8:37AM 8/30/2010
Euro zone economic confidence rose to the highest in more than two years this month after booming exports drove economic growth.
An index of executive and consumer sentiment gained to 101.8 in August, from 101.1 in July, the European Commission said, according to Bloomberg News. That's the highest...
Credit rating agency Standard & Poor's says it may downgrade Japan's current AA sovereign debt to AA-. S&P has officially changed its outlook on Japan's debt from stable to negative. Is Japan the canary in the credit coal mine for the U.S. and U.K.?
The South Korean police are trying to figure out the source of massive cyber attacks on websites in that nation and the US. They are admitting that their investigation may not lead very far, leaving open the possibility that the attacks will continue.
According to the AP, "the National Intelligence...
The IMF report on the global economy had a good news/bad news aspect to it. The agency expects "the world economy to shrink by 1.4 percent in 2009, slightly worse than its earlier estimate of a 1.3 percent contraction." It upped expectations for next year to 2.5 percent growth from the 1.9 percent...
China's Geely car company may be buying Volvo. Toyota (TM) and Honda (HMC) have approached the Japanese government for aid. Many of the car companies in the UK and EU have indicated that they need government money. Of course, General Motors (GM) and Chrysler have told Congress and the...
The Chinese would not lie about their economic projections, but they might exaggerate. The central government claims that GDP in the world's most populous nation will grow at an eight percent rate this year, in large part due to a stimulus package that should aid industries across the...
Economic growth in Japan is dropping faster than it is in the United States, United Kingdom, or European Union. The question is whether Japan's situation is unique or whether its troubles will spread to the rest of the developed world.
According to Reuters, "Japan sank deeper into recession with...
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Market Movers
| Symbol | Last | Change / % | Volume |
|---|
Most Actives
| 8.05 | -0.13 -1.59% | 55.20M | |
| 2.23 | +0.29 +14.69% | 39.51M | |
| 27.54 | -2.20 -7.40% | 9.02M | |
| 29.56 | -2.43 -7.60% | 8.76M |
% Gainers
| 35.62 | +11.72 +49.04% | 4.56M | |
| 2.23 | +0.29 +14.69% | 39.51M | |
| 10.50 | +1.10 +11.70% | 1.78M | |
| 84.74 | +8.35 +10.93% | 3.49M |
% Losers
DailyFinance Wire
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Newswire
- Greek Cabinet suffers second walkout
- Turbo-traders take Bank of America for a ride
- Stocks slide at the open as Greek deal is held...
- Trade deficit widens to $48.8 billion in...
- Obama call for manufacturing revival a tough...
- Feds investigate door fires in 2007 Camrys,...
- NYSE Euronext profit down on blocked merger...
- LA co. challenges Kodak move to dump theater...
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