Market Gawk

United States Market and Economy

February 28th, 2008

The U.S. Dollar: Still Going Down

The dollar’s weakness does a lot more than alter your vacation plans—and there’s good news and bad news in the currency’s decline

Original post by FeedZilla

February 28th, 2008

A Cold, Icy Winter Translates Into A Hot Year For Salt Miner’s Profits

This winter is shaping up as one of the worst in recent memory. Much of the U.S., especially the Midwest, is a sheet of ice due to freezing…

Original post by FeedZilla

February 28th, 2008

Forex Radio - Dollar Sets Another Negative, Record Breaking Day, Euro Riding High (Daily FX)

Listen to our Evening DailyFX Forex Radio PodCast: http://media.dailyfx.com/podcasts/FXRadioPM022808.mp3

Original post by FeedZilla

February 28th, 2008

With Yuan And U.S. Exports Up, China Critics Are Keeping Quiet (Investor’s Business Daily)

All’s quiet on the yuan front, despite the U.S.-China trade gap widening to another record last year.

Original post by FeedZilla

February 28th, 2008

The Dollar’s Decline Continues To Break Records, Next Fed Cut Looking Deeper And Deeper (Daily FX)

- The Dollar?s Decline Continues To Break Records, Next Fed Cut Looking Deeper And Deeper - Euro Further Boosted By Strong Employment And Retail Numbers - British Pound Can?t Find Its Dollar Footing As Confidence Drops To 13-Year Lows

Original post by FeedZilla

February 28th, 2008

Investors Dump Equities For Bonds

Investors trying to come to grips with a sharp market sell-off yanked $44.84 billion from stock funds in January, reversing December’s inflow of…

Original post by FeedZilla

February 28th, 2008

Stocks Retreat As Fed’s Bernanke Warns Of Bank Failures, Crude Hits New High

The stock market retreated Thursday on fresh reminders of the economy’s hurdles and a warning about banks from the industry’s top regulator.

Original post by FeedZilla

February 28th, 2008

Track Market With Big Picture, Other Resources

Understanding market conditions can be overwhelming if you’re trying to analyze the dozens of factors moving the market.

Original post by FeedZilla

February 28th, 2008

February 28, 2008 Stock Market Recap

I just can’t work under these conditions! The intraday choppiness got even worse today. The market gapped down then had two cycles of mini-rallies & mini-selloffs. So it was just a microcosm of what’s been taking place in the daily charts for the last month. So it’s just more consolidation as […]

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Original post by FeedZilla

February 28th, 2008

Fremont General to delay interest payments on debt

SAN FRANCISCO (MarketWatch) — Fremont General Corp. said late Thursday that it plans to delay interest payments on some of the debt issued by a trust unit as the lender struggles to recover from subprime mortgage problems last year. The payments will be deferred on Fremont’s junior subordinated debentures and related 9% trust originated preferred securities, the company said. Fremont ”has significant liquidity risk as a result of limited sources of cash available to satisfy its obligations,” the company explained. It’s now working with its investment-banking advisors Credit Suisse and Sandler O’Neill to explore strategic alternatives including raising capital, restructuring debt and the possible sale of the company, Fremont added. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Original post by FeedZilla