J.P. Morgan Bullish on Commercial Real Estate

J.P. Morgan Chase & Co. reported that existing commercial real-estate loans rose 12 percent in the third quarter to $61.5…

11 years ago

Chinese Government Blocks New Projects for Troubled Sectors

China’s State Council announced a production plan for specific national industries to take on the country’s chronic overcapacity problem.

11 years ago

U.S. Debt Default Not the End of the World

Despite what doomsayers might have you believe, should the United States be unable to extend its debt ceiling beyond the…

11 years ago

U.S. Stocks Rise Near Record High Amid Progress in Debt Talks

U.S. stocks rebounded today and lifted the Standard & Poor’s 500 Index less than 1 percent from a record high,…

11 years ago

Volatile S&P 500 Lands on a High Point

The S&P 500 Index closed at 1710.15, a gain of 0.4%, near a one-month high.

11 years ago

Safe-Haven Yen Rises against the Dollar

The yen’s liquidity makes it an attractive safe-haven currency for investors. Indeed, the dollar fell today 0.1%, to 98.44 yen.

11 years ago

A Surprising New Global Bull Market

Markets ended the week on a positive note with the Dow Jones up 1.09% and the S&P 500 rising 0.75%.…

11 years ago

Alibaba to Transform Chinese Economy and Perhaps Spur Competitors

Internet retailer, Alibaba Group, is looking to drag the Chinese economy into the 21st century whether it wants to come…

11 years ago

U.S. Investors Scurrying for the Exit?

Both European shares and oil prices are being held in check today, victimized by the glacial movement of talks in…

11 years ago

A U.S. Debt Default Would Be Rare for a Western Economy

Not since 1933, when Germany unilaterally decided to renege on debt, has a western power pulled the plug on what…

11 years ago