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Stocks Rise After $19 Billion Acquisition Spree

Stocks rose for a third straight day Monday after Google and other companies announced acquisitions totaling more than $19 billion. The return of "Merger Monday" on Wall Street made investors more optimistic about the future.

Recently in Debt Crisis 101

Opinion: Backlash to S&P is on, But Downgrade Was Right

Thursday, August 18, 2011

S&P deserves a lot of scorn for lax ratings of what were later shown to be toxic assets, but it's hypocritical to say they should have been more honest then, while saying our country should be given special treatment now, even though our debt is slated to grow as far as the eye can see.

-Solomon Kleinsmith, It's A Free Country blogger.

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Explainer: How America Redistributes Wealth, State by State

Tuesday, August 16, 2011

When it comes to divvying up tax revenue, states with richer citizens end up footing the bill for those with lower per capita income.

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Opinion: Obama's Job Plan - Another Promise when We Need Action

Tuesday, August 16, 2011

The president has been telling us "I will" for a long time. The American people, though, don't need a promissory note. We don't need to be tantalized by a trailer for a fall blockbuster.

-Justin Krebs, It's A Free Country blogger.

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All That Glitters Is Gold: Price of Precious Metal Reaches All-Time High

Tuesday, August 16, 2011

Gold was flying off the shelf in midtown Manhattan as the price of gold reached an all-time high amid a wild week on Wall Street. And although experts say fear was driving gold prices — not the markets — there were no signs that the demand for the metal would abate, or that its price would significantly drop in the long term.

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Opinion: Warren Buffett Was Right on Taxes, But He Didn't Go Far Enough

Monday, August 15, 2011

Common sense ideas like this, on how we can in one fell swoop, make the tax system more fair, cut deficit spending and stimulate the economy where it needs the stimulation are exactly the kinds of ideas we need right now.

-Solomon Kleinsmith, It's A Free Country blogger.

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Opinion: Obama's Poorly Timed Fundraiser

Thursday, August 11, 2011

Obama's poorly timed fundraiser is worse than just bad optics. It's at the root of bad policy. It's a reminder of what our leaders need to do to get elected. When you see from whom they get support, it's no surprise who their decisions support.

-Justin Krebs, It's A Free Country blogger.

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A Silver Lining When Markets Are Falling

Wednesday, August 10, 2011

The slow down of the nation's economy does have at least one silver lining for anyone trying to get a mortgage or refinance an existing one.  The average interest rate for a 30-year fixed loan is now 4.43 percent according to HSH.com, a website that tracks mortgage lending across the country.

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Stucknation: America's Debt Addiction is About Character, Not Numbers

Wednesday, August 10, 2011

We have permitted debt and speculation to hollow out America's core. We mistake playing the margins, the spread and the angles as the surest way to prosperity.

-Bob Hennelly, It's A Free Country columnist.

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In This Market, All that Glitters is Gold

Tuesday, August 09, 2011

Gold appears to be wearing a kryptonite vest as everything around it crumbles. In the face of stocks free-falling globally, the economy continuing to struggle, and jobs still hard to come by for millions of Americans, gold is surging. Gold rose to over $1,700 an ounce yesterday, and many believe we could see it top $2,000. We look at the history of gold starting when it was a mere $35 an ounce back in 1970.

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Opinion: Europe Has a Centralized Money Policy - Look Where it Got Them

Tuesday, August 09, 2011

The Fed and the federal government manage one-size-fits-all policies. Yet, the United States is fully as diverse as Europe in terms of regional economies and problems.

-Steffen Schmidt, It's A Free Country blogger.

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The Market and the Mind

Tuesday, August 09, 2011

WNYC's Ilya Marritz from the Stock Exchange floor and Heidi Moore, Wall Street correspondent at Marketplace, talk about the sliding market and the growing worry about the American economy. MarketPsych managing partner Frank Murtha discusses the psychology behind our reactions to the hesitant economy.

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Q&A | 5 Questions With an Investor on 401Ks After Stocks Swing

Tuesday, August 09, 2011

After another volatile day on Wall Street, WNYC checked in with Erika Safran founder of Safran Wealth Advisors, to see how her clients — many retired and living off of their 401Ks and investments are reacting.

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Rick Perry Presidential Run May Highlight Texas Job Growth

Tuesday, August 09, 2011

Texas Governor Rick Perry is preparing to jump into the race for the Republican nomination for president and his state's record on job creation will likely be a central focus of his campaign. A significant number of the jobs created in the U.S. over the past two years were created in Texas. This despite the widespread economic uncertainty and stubbornly high unemployment that's gripped the nation since the official end of the recession. However, in spite of its success at jobs creation, the state's unemployment number has remained stable.

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President Obama Reassuring As Markets Plummet

Tuesday, August 09, 2011

The markets started off jittery yesterday and throughout the morning they just kept dropping. Later in the afternoon President Obama made an attempt to reassure Americans. During a statement at the White House he said, "Markets will rise and fall, but this is the United States of America. No matter what some agency may say, we've always been and always be a triple A country."

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Markets Plunge: Should We Be Worried?

Tuesday, August 09, 2011

Stock markets went into a free-fall yesterday, witnessing drops reminiscent of the great economic collapse of 2008 that the world has still yet to recover from. The S&P 500 saw all of its stock fall and the Dow Jones industrials fell 634.76 points, the sixth worst drop in over a century. How informative is the S&P downgrade? What can we take from their assessment of Washington?

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How Does Market Plunge Affect Economy as a Whole?

Tuesday, August 09, 2011

How closely tied are the financial markets to the economy at large? In reaction to the country’s credit rating downgrade on Friday the markets had their worst day since the 2008 financial crisis yesterday as the Dow Jones dropped about 635 points and the Nasdaq was down 175. But do these numbers affect our country’s ability to create jobs? Do they have any meaningful relationship to consumer confidence, the arguable engine of our economy?

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Method Behind Market Madness

Tuesday, August 09, 2011

The markets continued their volatile ways yesterday with stocks taking a major nose-dive. Investors went into panic-mode trying to find anything safe to put their money into. Most put their money into the U.S. government's debt, but uncertainty remains. With so many factors affecting the global markets, how do we decide how investors will react and influence the markets?

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In Search of Value in a Sluggish Economy

Tuesday, August 09, 2011

Markets had severe case of the Monday's yesterday as stocks plunged. The Dow Jones industrials saw a drop of 634.76 points and not one stock in the Standard & Poor's 500 index saw an increase. In a word, investors were in a panic, desperately trying to find anything with value to put their money in.

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Opinion: Democrats Have Enabled the Tea Party's Toxic Economic Platform

Tuesday, August 09, 2011

There's an acceptance that somehow government needs to be smaller, the free market will provide a solution and we're all waiting for the wealth to trickle down. Both sides are saying it - the real difference is that Tea Party fanatics are acting on it with all their convictions.

-Justin Krebs, It's A Free Country blogger.

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Stocks Swing Wildly After Fed Statement

Tuesday, August 09, 2011

Stocks swung wildly before rallying Tuesday after the Federal Reserve expressed growing concern about the direction of the economy, following the worst day for stocks since 2008. Meanwhile, the volatility in stocks has traders recalling memories of crises past at the New York Stock Exchange.

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