Currencies

Tax Policies, Excessive Debt Hurt Economic Growth

LAS VEGAS--Tepid economic growth is hampered by countries that impose punitive tax policies and engage in runaway deficit...

Daily Data Flow: Record Day for Market Indices; Price of Gasoline to Spike; Dollar Falls on Fed’s QE Plans

Rising oil prices and peak driving season are expected to cause gasoline prices to jump up to 10...

Daily Data Flow: Stock Market Rally Grinds to a Halt after Fed Minutes; U.S. Dollar Falls Against Euro; Ben Bernanke States Fed’s Goal

Several days of strong growth ended Wednesday when the Standard & Poor 500 Index rose less than 0.1%....

Daily Data Flow: Stocks Rise as Investor Optimism Increases; Dollar Rises Against Euro; Housing Market Rejuvenates

Confident that companies will report better growth in the second quarter of 2013, investors propelled another rise in...

Daily Data Flow: Stocks Rise Before Earnings Season; Dollar Falls on Three-Year High; Unemployment Rate May Be Worse Than It Appears

Stocks rose today, netting the S&P 500 its third straight day of gains, as investors waited for Alcoa...

Surf the Slick: Oil Powers Higher Still; Greenback Comeback?; ISS Surprises Boosts Dell’s Desire to Reclaim Company

Even though Egyptian President Morsi has been ousted, little has been done to stop the runaway prices associated...

Daily Data Flow: Stocks Rise on Job Growth; Dollar At 5-Week High Against Yen; Job Growth Strong in June

Stocks advanced today, tallying a second straight weekly gain for the S&P 500, after government data indicated that...

Daily Data Flow: Stocks Steady Ahead of Independence Day; Yen Gains Despite Egypt’s Tension; Service Sector Growth Slow

Stocks barely budged today in response to the political turmoil affecting Egypt and on tomorrow’s Independence Day.

Are Precious Metals a Good Inflation Hedge?

“Gold isn’t such a hot inflation hedge.” -- Alexander Green My friend Alex Green, investment director of the...

Daily Data Flow: Stocks Fall Ahead of Jobs Data, Earnings; U.S. Dollar Gains on Euro; Home Prices at Seven-Year High

Stocks fell today, erasing its earlier gains, as the S&P 500 failed to hold above its average level...