Finance

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Dollars and Sense: Record highs on mixed news—the Fed speaks again

By Warren Cole Smith
Posted

Money | Record highs. Last Monday, the Dow and the S&P 500 hit new records, and then again several times later in the week these indexes bounced around and hit…

Midday Roundup: California crews work to clean oiled beaches, wildlife

By Leigh Jones
Posted

Newsworthy | Befouled beaches. Clean-up crews in Santa Barbara, Calif., are working to minimize the damage of as many as 105,000 gallons of crude oil that leaked from an…

Dollars and Sense: Markets remain jittery on mixed economic news

By Warren Cole Smith
Posted

Money | Markets jittery. We saw a lot of volatility in the markets last week. On May 8, the markets had their best day in several months. Then they dropped Monday,

Dollars and Sense: As oil prices go up, the financial big picture looks good

By Warren Cole Smith
Posted

Money | April in the books. To paraphrase T.S. Eliot, April was a cruel month. Oil prices soared, and that has driven gas prices back up. The U.S. dollar fell…

Dollars and Sense: Earnings season might actually matter this quarter

By Warren Cole Smith
Posted

Money | Earnings season matters. We’re in earnings season again, and this quarter people are actually paying attention. It almost sounds funny to say it that way,

Dollars and Sense: At quarter’s end, the markets lack conviction

By Warren Cole Smith
Posted

Money | A new quarter. In the past week, we turned over a new month and a new quarter. Though we still have plenty of problems in the economy, it’s fair to say we…

Dollars and Sense: The Fed speaks, and the markets barely notice

By Warren Cole Smith
Posted

Money | Yellen speaks. The big news last week was a two-day Federal Reserve meeting on Tuesday and Wednesday. Fed-watchers were on the lookout for a single word:

Dollars and Sense: Stop worrying about jobs, start watching inflation

By Warren Cole Smith
Posted

Money | Focus on jobs. Once a month we have a week during which we get a lot of employment related data, and last week was that week for March. On Wednesday, payroll…

Dollars and Sense: Mixed news didn’t dampen the markets

By Warren Cole Smith
Posted

Money | February rebound. After a rough January, the markets have been on a steady climb. The Dow rose more than 1,000 points in February, recovering all of…

Is the government greasing the skids for another housing slump?

By Kent Covington
Posted

Housing | On the whole, the housing market has regained much of the ground it lost in the 2008 financial crisis. Sales have been healthier each year for the past few…

Dollars and Sense: Is the raging bull about to hit a wall?

By Warren Cole Smith
Posted

Money | Bull keeps charging. The NASDAQ is at levels we haven’t seen since March 2000. The Dow and the S&P 500 are back to record levels. It’s easy to get…

Reports highlight international corruption, U.S. complicity

By J.C. Derrick
Posted

Corruption | A pair of new reports are shedding fresh light on the business of international corruption and the United States’ complicity in it. This week, the…

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