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We have noted on more than one occasion that pension plans would be trouble in the future. It has been well known that city, county, and state pension plans are facing severe losses and are...
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This is a revised number with new methodology, but ADP’s job loss number predictions for December are off the chart. ADP had previously been under expectations where Wall Street economists saw...
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This week will reveal the economy’s tolerance for pain. Investors will find out the official unemployment rate finished for 2008. The consensus estimates from both Dow Jones and Bloomberg show a...
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There is an interesting story out in technology, and it is far more interesting if you are a laid-off or disgruntled technology employee. Bloomberg has a report outlining a lawsuit where Research...
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People who get to the end of 2008 and are still at work can be thankful. The unemployment rate will probably be over 7%. That does not count the people no longer looking for work. Add them in and the...
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Motorola, Inc. (NYSE: MOT) may be one of the restructuring nightmares of the decade. This morning the company is taking further steps in its restructuring by announcing "cost cutting...
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It was not that long ago when traders and investors were making a fortune investing in the new endless growth instrument: blazing hot solar stocks. If you have followed this sector, you have seen...
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We keep trying to look for good news on the jobs front. Unfortunately, there is almost none to be found. The Conference Board Employment Trends Index was released today and the report shows that...
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3M (NYSE: MMM) is joining the layoff front. This morning the company previewed a presentation it would give institutional investors detailing cost cutting actions. The company is lowering...
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It is easy to get pumped up about overseas rate cuts, but there is cautionary data from at least three DJIA components. Wal-Mart is the economic trade-down so that win in retail sales is a little...
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Everyone keeps asking why the stock market selling persists, yet they are the same reasons that were there in the weeks and months before the election. The difference today is that now the election...
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Sun Microsystems Inc. (NASDAQ: JAVA) just can’t get it right. The focus of the business is elusive and it seems that nothing it embarks on works. Actually, it doesn’t seem that way. It is...
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DHL has announced that it was cutting 9,500 jobs as it discontinues air and ground operations within the United States. DHL Express says that it will continue to operate between the United States...
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GM (GM) may not get the $10 billion it needs to buy Chrysler, but, even if the Fed comes up with the money, the UAW may try to block the deal. A long strike against the companies in the current...
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Newly-named Cliffs Natural Resources Inc. (NYSE:CLF) is slowing production at two of its Minnesota iron ore mines in order "to bring production in line with demand." Three furnaces capable of...
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Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
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