Consumers were more optimistic about the outlook of the economy in July, though they were vexed about spending and personal finances, says report.
In yesterday's Daily Reckoning we showed you that food and beer are cheap in America and that sweet potato fries are worth a go. Today, we'll investigate more urgent matters. Falling US bond prices are the prime mover in markets right now. As bond prices fall, yields rise. The investment implications multiply.
The Federal Reserve's EZ money policies will either succeed or fail. Either way, it will be a disaster.
BMW has extended its lead over Audi and Mercedes-Benz according to the latest global sales figures.
The Hyundai Santa Fe 2.0-litre petrol turbo is a wolf in sheep’s clothing. It has all the performance credentials to be regarded as a genuinely fast SUV without the high price tag.
Court found Steggles branded chickens – Baiada Poultry and Barter Enterprises, Australian Chicken Meat Federation deceiving consumers
The Australian share market is holding at one month highs in early trade on Wednesday, following gains on US and European markets overnight. US stocks managed to make it four wins in a row as investors were encouraged by the start of the earnings season. Aluminium giant Alcoa was first to report, with its earnings coming in in line with market expectations.
Acer released Aspire M5 for more than a year now but the company continues to release a multitude of updates for users to take advantage. Acer just announced it will be offering an M5 update. They device will now run on Intel’s latest Haswell plus it will also feature new speakers and Intel’s Wireless Display technology.
New South Wales, Australia's most populous state, wants to further dispose and liquidate three more old government buildings to raise needed funds to inject into its coffers.
Analysts at Wall Street expressed their doubts on the company’s capacity to gain more profits. The biggest chip maker in the world is facing their biggest challenge yet: fighting slump in personal computer sales while expanding in the mobile device market.
By Miguel Perez-Santalla, BullionVaultBACK in the good old days, a physical silver trader's dream would be to land a photographic company as a customer.
Computer giant Lenovo continues to boost its presence in the market adding a smartphone to their lineup. While the company started late with their mobile venture, Lenovo gears up to participate in the competition unveiling their Lenovo S920 series.
By Peter Switzer, Switzer Super ReportLast week I got to thinking about sensible investing when conditions are really 'iffy' and as I thought about it, I realised that in most short-term stock market situations there are always Rumsfeldian moments, which explain why there is a seller when ...
The Sony Xperia Tablet Z has emerged as techies' favourite, with the device topping the list of tablets recommended for people who are considering purchasing one.
By Greg PeelThe Dow closed up 75 points, or 0.5%, while the S&P gained 0.7% to 1652 and the Nasdaq added 0.
The Australian share market managed to recover today, thanks to strong offshore gains and as investors chasing yield bought into the banks. The All Ordinaries Index (XAO) rose 68.9pts or 1.4 per cent today to 4866.5pts.
Lenovo is joining the pack of tech manufacturers as it released another set of tablets. As the race for tablet domination goes on, Lenovo is not staying from behind. The company subtly released their A1000, A3000 and S6000 series.
As the inflation rate of China increases, the stocks in Asian and European Markets improve.
Rumors about the Moto X Phone, the supposedly smartphone from Google (GOOG) continue to persist throughout the market. The stale sales from HTC and Samsung are offering a way for competitors to come in and Google might just have the right product to satisfy this drought for Android.
A train accident involving a crude oil tanker train in Lec-Megantic, Quebec may have an increase in death toll in the coming days.
Apple Inc soars to 19th place in the list of Fortune Global 500. The Cupertino-based tech giant is the second most profitable company in the world after Exxon Mobil. Apple Inc has jumped 36 spots from 55th place based on 2012 revenue.
The New Zealand dollar soared after investors expected the U.S. dollar to move far too fast following the positive U.S. jobs figures last week.
The Kiwi dollar increased to 78.01 U.S. cents from closing at 77.26 cents in Wellington last July 8. The U.S. dollar index receded overnight after soaring to its three-year high following upbeat employment numbers last July 5.
Following on from a 0.6 per cent fall yesterday, the Australian market is being pushed higher by global market strength. Overnight, US stocks rose for the third straight session, while the major European markets improved by as much as 2 per cent thanks to solid data. On the economic front, Chinese inflation remains under control while Australian business confidence is sluggish.
Almost 5000 new-generation Mitsubishi Outlander SUVs have been recalled to correct a number of defects with the vehicles' steering and safety systems.
Your editor returns to his Daily Reckoning post finding that nothing and everything has changed in the markets. Our last day in the office was Friday, June 14th. The S&P ASX/200 closed at 4791 on that day. As we fire up our lazy neurons today, the market is trading at 4810, down on the day but up over the last three weeks.
China's key financial centre Shanghai has received State Council approval to establish a trial free-trade zone within its surrounding area, serving as a test for some of the government's financial overhauls, including interest rate liberalisation and full convertibility of the renminbi, reported the China Daily on Thursday.
A report by The Economist's Intelligence Unit called the "Worldwide cost of living index 2013" has named two of Australia's major cities in the top five most expensive cities in the world to live in. Sydney ranked third behind Japan's Tokyo and Osaka, while Melbourne took fifth spot after the Norway's capital, Oslo.
An international study has confirmed the all too obvious - that the air pollution wrought by the excessive coal burning in China's north has affected the life expectancy of the people there, reducing it by as much as five years.
The shared gaming moments of 23-year-old Swedish gamer Felix Kjellberg through his PewDiePie channel are the most viewed videos the past week, garnering almost 50 million hits.
- Slim volumes reported- No changes to prices- US DOE adds more uncertainty- Macquarie sceptical about Japan restart bumpBy Andrew NelsonLast week was slow and quiet in the uranium market.