Wall Street Journal: Market News

Dividend Stocks Aren't the New Bonds
You can get generous yields?but also considerable risk. Consider using stocks as just one element in a diversified income portfolio....

U.S. Stocks Take Breather
U.S. stocks drifted lower, giving pause to the recent rally. Most S&P 500 sectors were in the red....


Wall Street Journal: US Business

Target at Post-Bailout GM: $10 Billion a Year
The auto maker is expected to report 2011 net income of more than $8 billion and has set its sights on a once-unthinkable goal: make more than $10 billion a year. ...

Adelson Cashes In on Sands Turnaround
A financial turnaround at Las Vegas Sands Corp. is beginning to pay off for chairman and CEO Sheldon Adelson, who during the financial crisis put $1 billion of his own money into the struggling casino operator. ...


NY Times

DealBook: Europe's Banks Reluctant to Aid Companies in Need of Cash
As profits and sales slip, some European companies are scrambling to pay their bills, at a time when banks grow increasingly hesitant to lend. ...

Making Over the Mall With Parks and Sermons
After decades of decline, malls across the country are being redeveloped by communities and planners trying to forge new gathering places out of vast lots with empty buildings. ...


MarketWatch: MarketPulse

Smith & Nephew to pay $22M fine for Greek bribery
CHICAGO (MarketWatch) -- The Securities and Exchange Commission on Monday charged medical device company Smith & Nephew under the Foreign Corrupt Practices Act for bribing Greek public doctors over more than a decade. Smith & Nephew will pay more than $22 million as part of a deal with the SEC and ...

Dollar pares gains versus euro
NEW YORK (MarketWatch) -- The dollar pared its gains against the euro in late morning U.S. trading Monday. All eyes are on Greek lawmakers, under pressure to pass a package of reforms in order to secure the next tranche of their bailout, who postponed a meeting another day until Tuesday. The dollar ...


BusinessWeek: Investing

The Hidden Burden of Low Interest Rates
Bank profit margins shrink as insurers and pension funds face dwindling investment returns...

Bernanke's Own Words on Interest Rates
Feb. 2 (Bloomberg) -- Federal Reserve Chairman Ben S. Bernanke speaks about the U.S. economy, budget deficit and Fed monetary policy. Bernanke, in a testimony before the House Budget Committee, says the economy has shown signs of improvement while remaining vulnerable to shocks. (Excerpts. Source: B...


CNN Money: Market news from Wall Street

Stocks edge lower amid Greece jitters
U.S. stocks slipped, as investors anxiously await a Greek government decision on budget cuts that are key to securing a second bailout and avoiding default....

Greece on the brink
Officials in Greece were under pressure Monday to agree on the terms of a new bailout package, as the threat of a default hangs over the country....


National Taxpayers Union



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