Dollars and Sense

A weekly roundup of financial news by Warren Cole Smith.

Evening rush hour commuters making their way past the food concessions on an underground concourse inside New York's Penn Station.

Dollars and Sense: Are markets headed toward a healthy correction or ‘irrational exuberance’?

Dollars and Sense | Big Apple ripe. I spent a couple of days in New York this week, and I can tell you that with the stock markets at all time highs, the Big Apple is feeling pretty flush. The hotels are full, and getting…

Specialist Matthew Cheslock works at his post on the floor of the New York Stock Exchange

Dollars and Sense: Bad news in Europe might be good news for U.S. investors

Dollars and Sense |  Up, up, and away. The markets just keep climbing. The Dow closed above 15,000 for the first time ever on Tuesday, and it continued to set new records on…

Trader John Liotti works on the floor of the New York Stock Exchange.

Dollars and Sense: Market movement continues to push toward record territory

Dollars and Sense |  Earning notice. Even though it’s still earnings season, earnings reports didn’t seem to drive the business news this week, or this quarter, for that…

Traders on the floor of the New York Stock Exchange Wednesday.

Dollars and Sense: The power of the tweet on Wall Street

Money |  Flash crash. Last week, with the Boston bombings, the fertilizer plant explosion in Texas, the Dow having its worst week of the year so far, and gold and…

A trader rushes across the floor of the New York Stock Exchange.

Dollars and Sense: A calm week ends with a storm

Money |  Calm before the storm. We almost got out of this week with no drama. The U.S. stock markets spent most of the week at or near record levels. Cyprus seems to…

Protesters during an anti-bailout rally at the European Union house in Nicosia, Cyprus, Sunday.

Dollars and Sense: How little Cyprus had a big effect on the world’s economy

Money |  Why Cyprus? Who would have thought a month ago that the tiny nation of Cyprus would be dominating the economic news in the way it has these past couple of…

Fans cheer on Carl Edwards as he wins Sunday's NASCAR Sprint Cup race in Phoenix.

Dollars and Sense: Phoenix rises from the ashes of economic doldrums

Money |  Regional reports. On assignment for WORLD, I’ve been in Tennessee, Colorado, and Arizona this week. I flew into Phoenix, the largest city in the state, and…

A man prepares to gas up his truck for $3.79 a gallon at an Exxon station in El Dorado, Ark., Wednesday.

Dollars and Sense: Gas prices, real estate recovery, stock market stalls, and Europe decline

Money |  Pinch at the pump. The national average for a gallon of regular gasoline hit $3.78 on Thursday, according to AAA. That number represents a 15 cent jump in the…

President Obama speaks to workers and guests at the Linamar Corporation plant in Arden, N.C., Wednesday.

Dollars and Sense: Market high, M&A up, earnings strong, and employment brightens

Money |  SOTU fails to stir. The Dow Jones Industrial Average has for the past couple of weeks settled above the technical and psychological resistance level of 14,000…

Traders Robert Charmak, left, and Gregory Rowe, work on the floor of the New York Stock Exchange

Dollars and Sense: The ‘Great Rotation,’ S&P lawsuit, market volatility, and the Dell deal

Money |  The Great Rotation. Have you wondered why the stock markets are at near record highs even though the economy has remained sluggish for the past couple of…

Traders enjoy a light moment on the floor of the New York Stock Exchange Thursday.

Dollars and Sense: January was sunny, but ominous clouds loom on the horizon

Money |  January ends. The first month of the year is behind us, and from the stock market’s perspective it was a good month. The Dow was up 5.8 percent for the…

Traders work the floor of the New York Stock Exchange Friday.

Dollars and Sense: Stocks, housing, and manufacturing stronger, but Europe still jittery

Money |  Editor's Note: Introducing a new roundup of the week's financial news, which will be posted each Friday. Stocks strong. We’re now well into earnings season on…

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