financial news

Highlights The US dollar rise yesterday looks like a one-day wonder, with the euro returning to the $1.38 area, sterling moving through yesterday’s highs and the Swiss franc at new record highs vs the greenback.  The Australian…

Highlights The US dollar is enjoying a firmer tone, but has remained confined to its pre-weekend trading ranges.  The euro is the hardest hit and although Nobel prize-winning economist Stiglitz pressed his pessimistic outlook for…

  HEARD ON THE STREET: Banks, Insurers Face the Killing Yields - WSJ.com IMF admits that the West is stuck in near depression - Telegraph The Best Photography Apps for Your iPhone The Best Photography Apps for Your…

FT.com - Edward Chancellor - Why some housing bubbles remain Regierungsbildung: Die Niederländer wollen kein Multikulti mehr - WELT ONLINE Fallon/Timberlake: Hip Hop History Lesson | The Big Picture Rushing for the double-digit…

The usual fare Eugene Robinson - Afghanistan: A war without end, or rationale Lenihan 'nationalises' majority of country's banking system - Irish, Business - Independent.ie Ford CEO sees zero net debt by 2011: report| Reuters…

This week's posts pointed to commentary from some of the top analysts: Meredith Whitney, Hugh Hendry, Andy Xie, David Tepper, and David Rosenberg. Of note was the situation in Ireland and the cabinet shuffle in the Obama White House. A lot…

Here's the ISM report in numbers and words. WHAT RESPONDENTS ARE SAYING ... "Business results (top and bottom line) continue to meet or exceed our operating plan and exceed prior year performance by double digits."…

I will be on BNN with presenter Howard Green at 12:15ET. Howard will also be talking to Philip Coggan, Capital Markets editor at the Economist. In terms of topics, we’ll cover the markets, commodities, and gold on the rise again today, as…

Highlights The US dollar is suffering broad losses. Signs that European growth are moderating or that an Australian rate hike next week is not as easy of a call as it appeared a few days ago has done nothing to dent the persistent…

Topic of the Day: Military and Terrorism Obama: 'We need to make clear to people that the cancer is in Pakistan' Locked and Loaded: The Secret World of Extreme Militias - TIME The Growing Chasm Between Citizen and Soldier -…