We extend your Money Senses
By Bob Willis
(Bloomberg) — The U.S. economy may be on the verge of — or already in — a recession, based on the increase in 2007’s unemployment rate, economists said.
The jobless rate rose to 5 percent in December, the highest in two years. The figure was 0.6 percentage point higher than March’s 4.4 percent, […]
By Zachary R. Mider
Jan. 3 (Bloomberg) — Foreign investors exploited the declining U.S. dollar during the past three months to snap up American companies, taking the biggest share of U.S. deals in at least a decade.
Buyers from Dubai to the Netherlands accounted for 46 percent of the $230.5 billion of U.S. mergers and acquisitions […]
2008 outlook: Fasten your seatbelts
Market strategists expect a volatile year for stocks and that the housing market will swoon. Sound familiar?
By David Goldman, CNNMoney.com staff writer
January 1 2008
NEW YORK (CNNMoney.com) — Wall Street’s top forecasters have some good news and bad news for 2008. Many think stocks will head higher but that unemployment will rise […]