Eagle Eye Opener
Obama Opts for Stability with Choice of Yellen for Top Fed Post
U.S. President Barack Obama is expected to nominate Fed Vice Chairman Janet Yellen today to become the U.S. central bank’s next chairman to place Ben Bernanke, providing a bit of relief to investors who expect her to tread carefully in winding down economic stimulus.
Oil, Metals Slide on Budget Standoff as Stocks Fluctuate
Commodities investors are feeling pain. Oil and metals slid as the dollar rose amid concern the U.S. budget impasse will hurt the economy.
United States is Losing $160 Million a Day during Shutdown
According to HIS Inc., a Lexington, Mass-based research firm, the U.S. government shutdown was responsible for some $1.6 billion in lost economic output… last week.
Semiconductor Sales to Warm up Autumn Days and Nights
Investors in IT, and particularly those in semiconductor companies like Intel or AMD, should enjoy roaring bonfires of profit this fall, according to a report released by UBS.
Real Profits in London’s Real Estate
Okay, “the Singaporeans are coming” may not have the same resonance as the U.S. revolutionary battle cry, but that doesn’t mean it’s any less true for those in London, England — who seemingly are being overrun by people from the island of Singapore.
Twitter IPO Sends Tweeter Shares up 669 Percent in One Day
The next big initial public offering, that of Twitter, is getting investors excited again about social media.