Stocks End Higher Amid Stimulus Optimism Stocks ended a topsy-turvy session higher as optimism over the Obama stimulus plan prevailed over a profit warning from Bank of America and some dismal economic news...read more
Pros Say: Buck Up — And Buy Upgraded Stocks! The U.S. Congress convened Tuesday to deal with what many are calling the worst global economic crisis since the 1930s. Meanwhile, pending home sales slid to a 7-year low; and even Manhattan apartment prices...read more
Obama Says Budget Deficit To Hit $1 Trillion Soon President-elect Barack Obama said Tuesday that he expects to inherit a U.S. budget deficit approaching $1 trillion and that his administration would have to make some tough budget choices...read more
2.Wien's 10 Surprises for '09 One of Wall Street's best-known veterans puts out his top ten susprises for 2009, with Byron Wien, Pequot Capital Management chief investment strategist
3.German Billionaire Commits Suicide Police and family confirm that Adolf Merckle died, apparently committing suicide, reports CNBC's Linda Berhinger
4.Obama & the Budget President-elect Obama discusses the economy after meeting with economic team members.
Auto Industry Has Hit The Bottom? I Say Yes Much like the stock market, you can't predict the bottom of a sales market. There are, however, some encouraging signs for autos.
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