Talk Stock Trading - Financial Market News Economy

April 18th, 2008

Markets React Favorably to Earnings Reports

Investors ended the week upbeat after learning that earnings are meeting or beating expectations on the Street.
Citigroup reported huge losses as expected - but the losses totaled $5.1 billion only half of the $10 billion reported the preceding quarter.
Google also helped swing moods by reporting earnings and revenue in excess of predictions.
What did […]

By kellyphill -- 0 comments

April 13th, 2008

Are You Losing Sleep Over Investments?

Studies show that more Americans are stressed out about losing money in the stock market and other investments than losing their jobs.
More than 75% of those surveyed worries about losing money on investments; 73% worried about not saving enough for retirement and 50% were worried about losing their jobs.
What are you worried about?
(Source: Financial […]

By kellyphill -- 0 comments

April 11th, 2008

Record Deficit Reported

Halfway through the fiscal year, the federal deficit is at a record high of $311.4 billion, up 20.5% from this time last year. The report from the Treasury showed that revenue for the fiscal year totaled $1.146 trillion, up just 2.2% from last year. In contrast, government spending was up by a much […]

By kellyphill -- 0 comments