Finance

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Dollars and Sense: All investors want is a slow news day

By Warren Cole Smith
Posted

Money | Seeking normalcy. Stocks were generally higher last week, though some days it was hard to find any real news driving them either up or down. I heard one…

Web Reads: Wealth distribution in families, states, and countries

Web Reads: Wealth distribution in families, states, and countries

By Susan Olasky
Posted

Newsworthy | Money map. According to this map, James Goodnight, worth $8.1 billion, is the richest person in North Carolina. In Texas, the richest person is Alice Walton,

Dollars and Sense: On the watch for retail sales numbers

Dollars and Sense: On the watch for retail sales numbers

By Warren Cole Smith
Posted

Money | Sleepy Hollow? If Rip VanWinkle had gone to sleep on the floor of the New York Stock Exchange on New Year’s Day, he might wake up today and wonder if…

Dollars and Sense: Geopolitics trumps positive economic news

By Warren Cole Smith
Posted

Money | Stocks drop. The big news for the week came on Thursday, when the markets both here and abroad dropped significantly. The Dow Jones Industrial Average, for…

Dollars and Sense: No stock market bubble here

By Warren Cole Smith
Posted

Money | Earnings strong. The stock markets didn’t have a lot of direction last week, although earnings reports were good. We’re now far enough into earnings…

Dollars and Sense: Is Wall Street showing signs of ‘irrational exuberance?’

By Warren Cole Smith
Posted

Money | Wall Street rising. Stocks rose last week. In fact, Monday, Tuesday, and Wednesday continued a winning streak on the Dow that began the week before. The…

Globe Trot: Air war continues in Gaza and Israel after cease-fire’s failure to launch

By Mindy Belz
Posted

International | ISRAEL: With yesterday’s collapse of a proposed cease-fire, Palestinian militants are resuming their barrage of rockets over Israel and Israeli airstrikes…

Dollars and Sense: Europe spooks U.S. markets … again

By Warren Cole Smith
Posted

Money | European slowdown. Before we talk about earnings season getting underway here in the United States, I can’t help observing that Europe is back in the…

Are America’s youth financially illiterate?

Are America’s youth financially illiterate?

By Emily Scheie
Posted

Finance | Many high-school graduates face a rude introduction to adulthood when they find themselves with student loans and credit card debt they cannot repay. Studies…

Dollars and Sense: What’s spurring the market’s bull run?

By Warren Cole Smith
Posted

Money | Markets continue skyward. On Thursday, the last day the markets were open before the Independence Day holiday, the Dow finished above 17,000 for the first…

Dollars and Sense: Positive economic signs can’t erase long-term problems

By Warren Cole Smith
Posted

Money | GDP shrank. The big news last week was the announcement that the gross domestic product shrank at an annual rate of 2.9 percent in the first quarter. We got…

Dollars and Sense: The Fed speaks, and the markets shrug

By Warren Cole Smith
Posted

Money | The Fed speaks. The big news this week came out of the Federal Open Market Committee (FOMC) meeting, held last week for two days, At the end of that meeting,

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