Finance News From Around The Globe

'The American people do not want the mosque there and, of course, Muslims do not want us to burn the Quran,' said Terry Jones. The imam has agreed to move the mosque. We have agreed to cancel our event on Saturday…

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In order to enhance your output audio and video streaming capabilities, Aiprosoft DVD to Walkman Converter Suite gives you more editing functions, such as trim, crop, merge, select audio track, subtitle, effect and so forth…

The game of poker has been around for lots of years and established players on the circuit will tell you that there are certain requirements for a player to be good. The player must have wit, mind expertise and the skill to predict the next participants move. The skills are not only needed in a traditional game of poker but also in the newest version of poker which… Continue reading

Sometimes it pays to browse the net just casually coming across sites that are of interest. Such sites that I have found are DFWT1 and RiverStar Park which cover quite a few general topics. Also close behind are Optmimum Mind and Total Orkut, 2 nice little blogs where emphasis is light hearted and easy reading. Both offer the casual browser a nice few minutes respite from… Continue reading

A two-year string of job losses appears to be near an end, if it hasn't ended already.

Investors were on edge Friday as they awaited a key reading of the nation's economy, the December employment report.

America is suffering from the same affliction that has hobbled Japan.

When you listen to experts' investing wisdom, what happens to your brain?

Posted To: MBS Commentary

Narrowing Ranges... That's been a bit of a theme leading up to NFP. The end of December through Tuesday was a pretty good run in which the 4.5 made it from the mid 99's all the way to trade in the mid 100's for more than just a split second. Similarly, tsy's dropped 10bps from around 3.85 to 3.75. But in the last 2 days, we've… Continue reading

Posted To: MBS Commentary

Narrowing Ranges... That's been a bit of a theme leading up to NFP. The end of December through Tuesday was a pretty good run in which the 4.5 made it from the mid 99's all the way to trade in the mid 100's for more than just a split second. Similarly, tsy's dropped 10bps from around 3.85 to 3.75. But in the last 2 days, we've… Continue reading

Foreign exchange traders bid up U.S. dollars ahead of Friday’s non-farm payrolls report. Given last month’s reaction to the surprisingly strong NFP number and the market’s expectations for another monthly improvement in the labor market, it is not entirely surprising to see the dollar strengthen against every major currency. Demand for dollars was so strong today that the greenback reached a 4 month high against the Japanese Yen on… Continue reading

By Eva Norlyk Smith, Ph.D.

The race is on, or so it seems, to come up with the best mobile phone device for swiping and processing credit cards. Mophie, a manufacturer of accessories for the iPhone and iTouch, has announced that it will introduce a new add-on credit card reader, which enables small businesses to swipe and process credit cards on the spot.

The Mophie reader works through a small device attached… Continue reading

When the Senate returns on Jan. 19, jolting the economy will be high on the to-do list.

The Nasdaq slid and the broader market churned Wednesday as investors mulled weakness in tech and telecom along with signs of stabilization in the job market and services sector of the economy.

Chevron's shares could rally about 20% in the next year, as oil prices climb.

A new focal point in the war on terrorism could have implications for these investment vehicles.

Posted To: MBS Commentary

Here's a look at the week so far: Note the narrowing ranges in both MBS and Tsy's... FOMC minutes didn't pack much of a punch today, at least not as far as one might be able to infer from the chart. If you tried hard, you might chalk up as much as a quarter point of MBS improvement to post-minutes trading, but you'd be ignoring the… Continue reading