World News Center
BlackBerry crumble: Why RIM is in trouble
September 10, 2010In many businesses, it's not the worst thing in the world to be second or even third biggest.
Stocks that can take a double dip
September 10, 2010Personally, I have no idea whether the economy is headed for a double-dip downturn, as some now predict. And frankly, no one else does either.
Dollar advances on global slowdown fears
September 10, 2010The dollar turned higher this week as jittery investors flocked to the greenback for its safe-haven appeal amid fears of a global economic slowdown.
European stocks: Still valuable
September 10, 2010David Marcus's past is filled with triumph and defeat. In the '90s he was a star protégé of mutual fund king Michael Price, the value manager who made a killing for investors in his Mutual Series funds. Marcus ran three funds there with more than $14 billion in assets and was labeled a European stock-picking ace by the press.
Why does everyone hate Microsoft?
September 10, 2010Why don't investors love Microsoft?
Dollar hits 15-year low against yen
September 10, 2010The dollar fell to a 15-year low against the Japanese yen Wednesday, as investors flocked to safe-haven trades after weak economic data was released by China and the Federal Reserve posted a bearish outlook.
Stocks end higher after light trading day
September 10, 2010Stocks posted tepid gains, down slightly from their earlier rally Thursday as investors weighed better-than-expected reports on the U.S. trade deficit and weekly jobless claims.
Big bank bloodbath fears. They're ba-ack!
September 10, 2010Have you looked at how big bank stocks have done in the past few months? If so, you can be forgiven if you break into a cold sweat and start worrying about a repeat of the fall of 2008.
Stocks end higher after Obama speech
September 10, 2010Stocks ended Wednesday higher as investors shifted their focus from worries about European banks to President Obama's $350 billion jobs recovery plan.
Follow the smart money -- and the crowd
September 10, 2010Hedge fund manager Bill Ackman banked a $1 billion profit in 2008 on MBIA after waging a multiyear campaign against the municipal bond insurer. No one expected him to replicate his performance anytime soon.
