This morning FedEx (NYSE: FDX) announced a fourth-quarter loss before the bell even sounded, setting the tone for a trading session that saw US stocks sink into the red. Read More

Banks aren’t fixed. And for anybody who’s excited about backing up the truck in the hopes of cashing in on a recovery and rebound in regional and local banks in the US, I hope you have a lot of extra cash in your portfolio. It doesn’t look good, and the troubles are far from fully revealed to the public, let alone addressed and fixed Read More

Analysts at Goldman Sachs warned that banks may need to raise an additional $65 billion in capital to offset further losses, and the subsequent selloff in the financial sector dragged the three major US stock indexes into the red. Read More

The three major US stock indexes finished the day with mixed results. Read More

The three major US stock indexes ended the week on a positive note, posting respectable gains today. A stronger US dollar and lower oil prices boosted investor sentiment, while those anxious about inflation breathed a sigh of relief after government data confirmed analysts’ expectations about consumer prices. Read More

The three major US stock indexes managed to finish in the green, though a rebound in oil prices took the wind out of investors’ sails and reduced earlier gains. Nevertheless, consumers gifted markets with a welcome pick-me-up: Retail sales for May outstripped many analysts’ forecasts, with purchases climbing 1 percent. Read More

Einstein noted that doing the same thing the same way over and over and expecting a different outcome is a sign of insanity. Read More

Getting paid has always been the objective when picking through the stocks, bonds and funds that span the investment universe. Read More

In the previous century, a weak US economy was always curtains for vital resources. This time around, however, vital resources continue to surge across the board. One of the brightest stars is steel. Read More

Insurers of all stripes have long been favorites for investors. Years of accumulated actuarial data, such as life expectancies and mortality rates, allowed insurers to generate predictable cash flows with little risk. Read More