Polls show a link between the 8 million jobs lost during the Great Recession and a hostile attitude toward immigrants. These problems are adding to the pressure for new immigration policies -- and new jobs.
A Gallup analysis for DailyFinance reveals that a higher percentage of jobless voters usually identified themselves as independent than Democrat or Republican in the last six months. Incumbents, be warned.
The Jobless Effect: Is the Real Unemployment Rate 16.5%, 22%, or. . .?
12:00 PM 7/16/2010
Private pollsters and economists are piling up statistics showing the government's official jobless rate is becoming more and more of a fiction. And that's not helping solve the problem that's No. 1 for most Americans.
Getting out of subprime mortgage lending makes economic sense for banking giant Wells Fargo. But its questionable record of lending practices in black and Hispanic communities is another good reason to quit the business.
Best Buy Earnings Disappoint, But Hot Tech Could Boost Second Half
12:30 PM 6/15/2010
Best Buy posted disappointing first-quarter results this morning, falling well short of analysts' expectations. Cautious customers lifted the retailer's overall U.S. sales by 5%, but lower sales of TVs, video games and movies cut into its profit margins.
Will Warren Buffett Repeat His Salomon Brothers Role at Goldman Sachs?
6:30 AM 6/15/2010
Company News, People, Investing, Goldman Sachs , Berkshire Hathaway
As Goldman gets tangled in more lawsuits and probes, it's looking increasingly like Salomon Brothers in 1991, when top executives resigned in disgrace and Buffett assumed command. Indeed, parallels between the firms are eerily similar.
Best Buy Earnings Preview: iPads, 3-D TVs Should Boost First Quarter
7:12 AM 6/14/2010
Americans may be spending less, but they are not skimping on cool gadgets. Analysts expect Best Buy to post earnings on Tuesday of 50 cents a share, up from 42 cents last year, and revenue growth of 8.4%.
SEC Questions Goldman Sachs's Complex Securities, Again
5:00 PM 6/10/2010
For the third time in a week, Goldman Sachs has come under scrutiny, as the SEC probes yet another complex mortgage securities deal by the investment bank. "They may have more to cover up than either we thought or than they told us," says one government investigator.
Why Credit Ratings Have Outlived Their Usefulness
7:00 AM 6/10/2010
While defending the rating agencies last week before the Financial Crisis Inquiry Commission, Warren Buffett also admitted, "I don't need them." It seems that more and more, the financial markets are coming to agree with Buffett's stance on ratings.
BankWatch: Big Banks Face Financial Doomsday in 2012
11:00 AM 5/28/2010
Company News, Economy, Investing, JP Morgan Chase, Goldman Sachs , Morgan Stanley , Bank of America, Citigroup
The price that the largest U.S. banks pay to borrow money is set to skyrocket -- and that's just the beginning of the sector's growing problems, which could put a big crimp in their profits.
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| Symbol | Last | Change / % | Volume |
|---|
Most Actives
| 8.18 | +0.05 +0.62% | 477.32M | |
| 33.66 | -0.57 -1.67% | 54.43M | |
| 12.69 | -0.15 -1.17% | 52.19M | |
| 2.39 | -0.02 -0.83% | 45.83M |
% Gainers
| 5.90 | +1.00 +20.41% | 25.13M | |
| 10.95 | +1.72 +18.63% | 23.37M | |
| 10.07 | +1.47 +17.09% | 3.56M | |
| 4.01 | +0.57 +16.57% | 801,140 |
% Losers
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Newswire
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