If you remember correctly, last time we talked about Europe, the whole region was pretty much an economic war zone. Some countries were receiving multibillion-euro bailouts, some countries were begging for multibillion-euro bailouts, and some countries were just hanging out on the outskirts thinking to themselves, “Man, we’re lucky to not be in this mess.” But, where are they now?
Two of Facebook’s initial investors sold their shares within the past three days to put some more cash into their pockets. They better have some mighty big pockets to fit those millions they just got off of their initial investment.
Jobless Americans who have been lucky enough to collect unemployment while they are actively seeking work are now in jeopardy of losing their financial safety net. Read on to discover who will be affected by the cutbacks.
Here we go again. Another Fed release in plain English. Usually, my good friend, Eric “Professor” Mally, posts these, but he’s off today so I’ll take my best shot at it. The Fed issued another release today and we’ve done our best to make it clear, consise, and easy to understand .
I stumbled across this really interesting article from Reuters the other day and figured that I would share it with you all out there simply because the Europe debt crisis is something that we talk about pretty extensively here.
Go to any finance site and right next to your three major stock indexes, usually you will come across the going rate for natural materials across the world: gold, oil, silver, even lean hogs and live cattle. All of these materials are classified as commodities and I’m here to drop some knowledge on you about them.
In a directionless market, it’s days like these that make you hold on to some hope and optimism. If you take a look at the stock markets today, you’re going to be in for a treat when you see some pretty big green numbers next to your favorite indexes. And if you had to take one big swooping guess as to why the stocks rebounded so strongly today, what would you say?
Isn’t it nice to wake up in the morning knowing that you’ll be able to read the Federal Reserve Release in common English later in the day? Don’t act surprised. This isn’t something new to the Zing! Blog. Every time the Fed sends out a press release at the end of their Federal Open Market Committee meeting, I take a stab at breaking it down in an easier to understand format for our readers out there. Just check out the reviews we’ve had: “This is the most informative post I’ve ever read” – My Mom
Now that the New Democracy is in town, what will happen to Greece’s economy, their relationship with the euro, and the rest of the global economy that hinges on their moves? Oh yeah, the whole multi-billion dollar debt issue probably could use some addressing, too.
Remember when we were celebrating the fact that the Dow Jones Industrial Average was consistently above the 13,000-point mark for a few weeks? What about that time I said stocks would keep up the positive momentum into the second quarter with gains as well? Unfortunately, stocks have taken an unbelievable U-turn over the past month.