UNITED STATES

The highs do not last

'Sugar High' Is Only Fleeting in Skeptical Markets: Economist

Markets are losing the power to ride high after positive political developments, a worrying trend that might rain chaos on the best laid plans of central bankers and politicians looking to buy time to solve the financial crisis in Europe with grandiose statements.
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Japan's Prime Minister Yoshihiko Noda and US President Barack Obama

Is Europe Making Japan Unsafe For US Investors?

Japan's gaping trade shortfall with the EU could exacerbate its fiscal woes by worsening its debt situation and subjecting Japanese government bonds to rising yields in the face of mounting market fears and increasing skepticism among U.S investors.
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FOMC Aftermath

Yesterday the Fed announced that they will extend their yield curve 'twisting'
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US Existing Home Sales Fall 1.5% In May

U.S. sales of existing homes fell 1.5 percent to an annual rate of 4.55 million units due to low inventory, the National Association of Realtors said Thursday, missing expectations and raising doubts about a housing recovery.
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Why Companies Are Racing To Cut Earnings Forecasts

Expectations for U.S. company earnings are on a slippery slope down Wall Street. While the downward slide in estimates highlights the caution analysts and companies are expressing, investors should also be aware that companies are setting lower goals so that they can look better or be able to ?beat estimates? when the results come out.
Route 66

Route 66 Still Holds Allure For Travelers, Industry

Route 66 hasn't been a real highway for almost three decades, but its hold on travelers' imaginations has revived motels, diners, souvenir shops, gas stations and other buildings along the iconic American byway.
Microsoft Windows Phone 8

Microsoft Windows Phone 8 Launched With Exciting Features; Nokia, Samsung, HTC, Huawei Announced As First Hardware Partners

Microsoft has struck again. Just a couple of days after launching the Surface tablet, the Redmond company took the wraps off the latest iteration of its mobile operating system, the Windows Phone 8, during a nightclub-themed media event in California Wednesday. With an exciting set of new features, the upcoming mobile OS has indeed managed to get the first impression of many onlookers already.

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