Follow Yahoo!’s The Daily Ticker on Facebook here! The Federal Open Market Committee will release its interest rate decision today at 12:30 p.m. ET Wednesday. Interest rates are expected to remain at zero, as the Fed has pledged to keep rates low at least through mid-2013. The question on many investors’ minds is whether the [...]
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The breakdown of talks between Greece and its bondholders appears to be a nightmare scenario. Standard & Poor’s has threatened to declare Greece in technical default, the first for an EU member state since the introduction of the euro in 1999. Meanwhile, the IMF is warned “the euro crisis entered a perilous new phase” and [...]
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The breakdown of talks between Greece and its bondholders appears to be a nightmare scenario. Standard & Poor’s has threatened to declare Greece in technical default, the first for an EU member state since the introduction of the euro in 1999. Meanwhile, the IMF is warned “the euro crisis entered a perilous new phase” and [...]
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The breakdown of talks between Greece and its bondholders appears to be a nightmare scenario. Standard & Poor’s has threatened to declare Greece in technical default, the first for an EU member state since the introduction of the euro in 1999. Meanwhile, the IMF is warned “the euro crisis entered a perilous new phase” and [...]
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Follow Yahoo!’s The Daily Ticker on Facebook here! The Fed starts a two-day meeting today. And while Ben Bernanke isn’t expected to change rates, a lot is on the line. You probably have a sense the Fed is super important and powerful, but here’s something you probably don’t know: The Fed doesn’t print money. Yes, [...]
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Follow Yahoo!’s The Daily Ticker on Facebook here! President Obama is set to give his third State of the Union address Tuesday night before a captive Congress and nation. In an election year, this is his chance to “dominate the entire political discourse for an entire moment,” says Yahoo!’s Washington Bureau Chief David Chalian. “Remember [...]
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Follow Yahoo!’s The Daily Ticker on Facebook here! Research in Motion (RIMM) co-CEOs Mike Lazaridis and Jim Balsillie resigned this morning and investors took the news harshly, sending shares of the company down 7% at one point. The Street may have been showing its disapproval of new RIM CEO Thorsten Heins, a company insider who [...]
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Follow Yahoo!’s The Daily Ticker on Facebook here! Since mid-December, major averages have risen over 9% and the S&P is off to its best start to a year since 1987, albeit on the lowest volume since 2008. Bulls seek to keep the momentum going this week, which features a Fed meeting, another batch of earnings [...]
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Follow Yahoo!’s The Daily Ticker on Facebook here! After Newt Gingrich swept Saturday’s South Carolina primary with 40% of the vote, all eyes turn to Florida, which holds its Republican primary on Jan. 31. Two of the latest polls show Gingrich’s momentum from South Carolina has carried over to the Sunshine State. An Insider Advantage [...]
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President Barack Obama may have rejected the construction of the highly controversial Keystone XL oil pipeline, but the story is far from over. Republican lawmakers last week said they want to circumvent the White House by asking the Federal Regulatory Commission to issue a permit for the pipeline. The House Energy and Commerce Committee could [...]
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Provided by Business Insider Research In Motions’s co-CEOs Jim Balsillie and Mike Lazaridis are stepping down as CEOs, and COO Thorsten Heins will take over. In an interview with the Globe and Mail, Heins said of RIM, “It’s a fantastic growth story and it’s not coming to an end … What you will see with [...]
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Follow Yahoo!’s The Daily Ticker on Facebook here! After surging in the fourth quarter, oil prices appear to have hit a ceiling at around $100 per barrel. On Friday, crude futures fell for the third straight day, with the expiring February contract down 1.8% to $98.60 in New York trading. This week has been a [...]
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Follow Yahoo!’s The Daily Ticker on Facebook here! Google shocked its shareholders Thursday with a double whammy: the search giant missed the street’s expectations on both revenues and earnings for the fourth quarter. Google reported sales of $8.13 billion, while investors and analysts had expected around $8.4 billion. Net income for the quarter was $2.71 [...]
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We love our iPhones and iPads. We love the prices of our iPhones and iPads. We love the super-high profit margins of Apple, Inc., the maker of our iPhones and iPads. And that’s why it’s disconcerting to remember that the low prices of our iPhones and iPads — and the super-high profit margins of Apple [...]
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Follow Yahoo!’s The Daily Ticker on Facebook here A tumultuous week on the campaign trail has upended expectations for Saturday’s critical South Carolina Republican primary. A week ago, Mitt Romney had a commanding lead in the polls and seemed poised to cement his status as the GOP’s presumptive nominee. Since then, Jon Huntsman and Rick [...]
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