The Latest Debt & Finance Blog

Stock market inches up

Stock Market Creeps Back Up as Investors Eye Black Friday

By Bill Fay | November 20, 2012

After a monumental post-election slide, the Dow Jones industrial average started to creep back up this week. Seizing onto hope that Washington will reach a deal on the so-called “fiscal…

Wii U

Nintendo Expects to Lose Money on New Wii U GamePad

By Bill Fay | November 19, 2012

As the holiday season quickly approaches, so does the fervor to track down the latest and greatest in gifts. Countless fans waited in a line three blocks long at the…

black friday image

Black Friday: America’s Holiday Tradition at Thanksgiving

By Katherine Pilnick | November 15, 2012

There’s nothing in America quite like Black Friday. It’s an annual day of overabundant consumerism, a day of great deals and great mayhem. And it’s famous for holiday bargain shopping…

Hurricane

Unemployment Claims Soar After Hurricane Sandy

By Bill Fay | November 15, 2012

Superstorm Sandy left more than wreckage and debris. It left thousands out of work. The number of people seeking unemployment benefits last week shot up to an 18-month high as…

Layoffs

U.S. Economic Growth Questioned Amid Layoffs

By Bill Fay | November 13, 2012

While some economic indicators suggest America is inching toward steady fiscal growth, a growing number of layoffs from companies that range from mom-and-pops to large corporations suggests more problems may…

illustration of dollar sign at cliff

America’s ‘Fiscal Cliff’ May Be a Cartoon, but It’s No Game

By Bill Fay | November 12, 2012

Here’s an image you no doubt remember from your TV watching childhood: Wile E. Coyote chases the Road Runner across the animated desert terrain. Legs churning frantically, the hungry carnivore…

Oil Rig

U.S. Predicted to Become Energy Independent

By Bill Fay | November 12, 2012

An enormous shift toward energy independence is on the horizon for the United States, according to the latest International Energy Agency (IEA) report. The forecast, officially released November 12 in…

Banks provide low interest credit

Banks Offer Financial Assistance After Superstorm Sandy

By Bill Fay | November 7, 2012

As the destructive flood waters slowly recede and power is gradually restored along the East Coast following Superstorm Sandy last week, thousands of victims are currently being offered a financial…

marijuana image

Colorado, Washington Go Pro-Marijuana, Set Up Pot Fight with Feds

By Bill Fay | November 7, 2012

The war on drugs suffered a frontline defeat on Tuesday as two states, Colorado and Washington, became the first ones to legalize marijuana use. In as a stunning rejection of…

Man and his fiscal cliff

Analysts: Wall Street Picks Romney to Avoid Fiscal Cliff, Others Say Election Won’t Matter Much

By Bill Fay | November 6, 2012

With Americans casting ballots on the final day of the 2012 presidential campaign, some financial analysts are leaning toward Republican candidate Mitt Romney as the candidate who will boost the…

Sources:

  1. Mozee, Carla. (2012, November 17). Budget talks, Black Friday may sway U.S. stocks. The Wall Street Journal. Retrieved from http://www.marketwatch.com/story/budget-talks-black-friday-may-sway-us-stocks-2012-11-17?siteid=rss&rss=1
  2. Associated Press. (2012, November 19). Los Angeles Times.
  3. Kisling, W., et al. (2012, November 19). S&P 500 in Cheapest Bull Market Since Ronald Reagan. Bloomberg News. Retrieved from http://www.bloomberg.com/news/2012-11-18/s-p-500-in-cheapest-bull-market-since-reagan-trade-26-from-peak.html