Stocks Stay Flat Amid Budget 2011 Proposal Announcement

Stocks start the new trading week mixed: market players wait for the announcement of the new budget proposal from the President Obama. Obama is sending Congress a $3.73 trillion budget that includes a five-year freeze on many domestic spending programs. Republicans and Democrats have argued recently over whether deep spending cuts will slow the economy’s […]

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Ford Motor Company May Gain the 13% Increase in Turnover

Ford Motor Co. will increase factory production 13 percent in the first quarter because of higher demand for Ford and Lincoln brand cars and trucks, and further increases are likely through the year, company executives said Sunday. The Dearborn, Mich., automaker said its sales to individual buyers rose 27 percent in January, a strong increase […]

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Oil Rolls Back From the High on Weak Economic Data

Oil prices sink below $86 a barrel within the Asia trading session: weak economic data and shrink earnings make buyers lose optimism. Maybe it`s time for individual investors to look for some stock picking service and diversify assets in the stock market. Benchmark crude for March delivery was down 9 cents at $85.55 a barrel […]

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2010 New-Home Sales Data Renews the 47 Years Low

Buyers purchased the fewest number of new homes in 2010 in compare with the previous 47 years. Sales for all of 2010 made 321,000, a drop of 14.4 percent from the 375,000 homes sold in 2009, the Commerce Department said Wednesday. It was the fifth consecutive year that sales have declined after hitting record highs […]

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