Palash Ghosh

7141-7170 (out of 7238)

Palash has worked as a business journalist for 21 years in New York.

Hope for 2011: stocks outperform in third year of presidential term

Investors who are worried about the health of the stock market might take some solace from the evidence that the U.S. equities have performed exceptionally well during the third year of a presidential term (Barack Obama enters the third year of his administration in January 2011).

IMF urges EU to increase rescue fund

The International Monetary Fund (IMF) is urging the European Union (EU) to expand the size of its rescue fund in the wake of weakening market performance in the euro zone’s peripheral members.

Stocks rally for second straight session

Stocks rallied for a second straight session as traders sentiment was buoyed by some strong November chain-store retail sales figures and by the European Central Bank (ECB) to maintain liquidity safety measures for troubled banks.

Uranium ETF provides play on nuclear energy

A growing demand for nuclear energy across much of the globe will undoubtedly make uranium a prized commodity, as new power plants proliferate. Investors seeking to capitalize on this evolving energy trend might consider a new exchange-traded fund, the Global X Uranium ETF (NYSE: URA), one of the very few investment vehicles in the world that can be regarded as a pure play on uranium.

Cyber Monday sales tops $1-billion for first time

Consumers spent $1.028-billion online during Cyber Monday, up 16 percent from a year ago, and first time such spending surpassed the billion-dollar level. It was also the busiest online shopping day ever.

Bailout or not, Spain faces years of sacrifice

Despite the recent frenetic declarations by Prime Minister José Luis Rodríguez Zapatero that Spain does not need a bailout, the bond markets strongly disagree with him as traders continue to unload Spanish (as well as Portuguese and Italian) bonds, driving up the financing costs for the nation’s lenders to all-time highs.

Stocks fall again on euro zone debt contagion fears

Stocks dropped again over fears of spreading euro zone debt crisis, although equities seemed to stabilize somewhat on mid-afternoon reports that Republic politicians agreed to compromise with President Obama on extending the George W. Bush-era tax cuts.

National home prices slide 2% in Q3: S&P

U.S. home prices fell by 2.0 percent in the third quarter of 2010, after having risen 4.7 percent in the second quarter, according to data from S&P/Case-Shiller Home Price Indices.

Number of Black Friday Weekend shoppers increase from last year

The National Retail Federation (NRF) said that 212 million U.S. shoppers visited stores and websites over the Black Friday weekend, up from 195 million last year. Moreover, the average shopper spent $365.34 this weekend, up from last year’s $343.31 figure.

It may be cold, but historically December is hot month for stocks

While investors currently grapple with a number of very troubling geopolitical and economic issues -- namely the threat of war in Korea and the potential sovereign debt contagion in Europe, interest rate hikes by China, among others – some might take solace in the fact that December has consistently been the best-performing months for U.S. going back more than sixty years.

OBR raises UK GDP forecast for 2010

The Office for Budget Responsibility (OBR), an independent economic forecasting entity of the British government, raised its UK GDP forecast for this year to 1.8 percent from the previous 1.2 percent estimate.

Stocks sink on Korea, euro debt worries

Stocks tumbled in a holiday-shortened session on worries over threats of war by North Korea and pervasive fears that the euro zone sovereign debt crisis may spread to Spain and Portugal. Apparently, traders saw little solace in what appears to be shaping up as a strong Black Friday on the retail front.

Railway stocks on track for long-term growth

Railroad companies are probably not at the top of most investors’ wish list, but these stocks have performed superbly this year and likely represent a solid long-term investment theme.

S&P downgrades Ireland debt

Standard & Poor’s said it cut its long-term sovereign credit rating on the Republic of Ireland to 'A' from 'AA-' and its short-term rating to 'A-1' from 'A-1+'.

A tale of two retail giants on Black Friday

As the stock market focuses its gaze upon the holiday shopping season, two of the most prominent companies in the retail sector that may attract much attention are Wal-Mart Stores Inc. (NYSE: WMT) and Target Corp. (NYSE: TGT).

Pages