As headlines about a debt storm in Greece and blizzards along the East Coast dominated headlines this week, some pretty good economic news managed to slip under the radar. While we're certainly not out of the woods yet, here's what job hunters and investors have to look forward to in 2010.
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This Valentine's Day may be extra sweet for lovebirds since it falls on a Sunday, making it a great excuse for a romantic night out. Total spending is expected to reach $17.6 billion this year, up 3.3% over 2009, according to consumer spending researchers at IBISWorld. That's a big payday, and one that investors should be paying attention to. Check out these 10 stocks that may make you fall in love.
During the week ahead on Wall Street, several big names will be in focus on the earnings front, including retail powerhouse Walmart, which is expected to report fourth-quarter earnings of $1.12 per share. Other reports to watch include department store operator J.C. Penney and tech titan Hewlett-Packard.
After decades in investing, the philosophy of Vanguard Funds Founder John C. Bogle hasn't changed: The stock market is a game that investors cannot win. The champion of indexing says buying every stock on an index to reduce volatility is the only surefire way to succeed.
Warren Buffett's Berkshire Hathaway will be added to the S&P; 500 Index at the close of trading Friday, meaning millions of retail investors will have a little piece of the legendary Oracle of Omaha's company to call their own.
Xanadu, the gargantuan New Jersey entertainment and retail complex, could be toast. Less than a year ago, analysts were arguing that the project was "too big to fail," but the state of New Jersey may be considering a move to seize the land as the developer struggles to find new financiers.
A report on the nation's economy by the President's Council of Economic Advisers is providing a clearer picture of the economic recovery: high unemployment and less than stellar growth for the next five years.
In China, the problem is an economy that could be overstimulated. In Europe, it's an economy that could be falling back to sleep.
Loading... Loading... Loading... Loading...| Symbol | Last | Change / % | Volume |
|---|
| 76.90 | +0.21 +0.27% | 316.13M | |
| 108.04 | -0.09 -0.08% | 304.62M | |
| 3.18 | -0.03 -0.93% | 189.27M | |
| 14.45 | -0.18 -1.23% | 162.82M |
| 11.92 | +1.44 +13.74% | 220,154.00 | |
| 8.50 | +0.99 +13.18% | 100.00 | |
| 6.06 | +0.60 +10.99% | 6.52M | |
| 3.71 | +0.33 +9.76% | 78,455.00 |
