Archive for January, 2007
Fed holds rates steady - again
The Federal Reserve held a key short-term interest rate steady Wednesday, a possible sign the central bank thinks the economy is on solid footing.
Michael Dell: We ‘can execute better’
In an interview this afternoon after he resumed the role of CEO at the company he founded, Michael Dell said he was excited about taking charge, and that we should expect to see a lot of changes in the company in the "months and quarters" ahead.
In defense of $10,000 Super Bowl tickets
What would you call a $700 ticket going for more than $4,000? Gouging? Scalping? How about a bargain and free enterprise at its best?
Economy grows more than expected
U.S. economic growth picked up in the fourth quarter, according to a government report Wednesday that showed an economy stronger than expected for the last three months of hte year.
Good times for Time Warner
Media conglomerate Time Warner capped off a roller coaster 2006 with fourth-quarter results Wednesday that were in line with analysts' forecasts.
Best reputation? It’s Microsoft, survey says
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NYSE, Tokyo form alliance
The NYSE Group and Tokyo Stock Exchange have formed a broad strategic alliance, the companies said Wednesday.
Stocks get GDP lift
Stock futures pointed to a lower Wednesday open, but they were up from the lows after a better-than-expected fourth-quarter GDP reading, in a busy session that includes the Federal Reserve's decision on interest rates.
Up month may mean up year
Investors, you better not send the market lower Wednesday, no matter what the economic news looks like or what the Federal Reserve says at 2:15 p.m. ET. If the S&P 500 ends the month lower, there'll be hell to pay.
Mortgage applications rise, bankers say
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