Wall Street

Berkshire Hathaway's Credit Rating Knocked Down A Notch

Mark Memmott — Thu, 16 May 2013 14:27:00 +0000

Billionaire investment legend Warren Buffett's Berkshire Hathaway Inc.

Dow Jones Closes Above 15,000 For First Time

Tue, 07 May 2013 20:24:00 +0000

The Dow Jones Industrial Average closed above 15,000 on Tuesday for the first time in its history.

"The Dow's push above 15000 comes as investors' confidence in the economic recovery grows. While earnings reports have been lackluster in recent weeks, a strong report on U.S. hiring last Friday helped dispel worries about a slowdown in the economic recovery like the ones the U.S.

Episode 443: Don't Believe The Hype

Tue, 12 Mar 2013 23:03:00 +0000

Despite all the celebration, the Dow Jones industrial average has not hit record highs recently. If you adjust for inflation, the highs just aren't as high as they seem.

And even if it does hit a real, inflation-adjusted high in the next few weeks, it won't mean much.

Cat Beats Investors In Stock Market Challenge

Jacob Goldstein — Mon, 14 Jan 2013 18:05:00 +0000

The UK Observer ran a contest last year, A bunch of investment managers invested in the best stocks they could find, while a cat named Orlando randomly chose stocks from a list.

Financial Markets Cheer 'Fiscal Cliff' News

Mark Memmott — Wed, 02 Jan 2013 16:18:00 +0000

Though more big battles lie ahead in Washington, Wall Street is following the lead of financial markets around the world in giving a thumbs-up to the deal that kept the federal government from going completely over the so-called fiscal cliff.