Initial unemployment claims dropped a surprising amount. The four week moving average dropped 10,000 to 606,000. While only one week's number, let's still take an encouraging moment and hope that we might be entering a better phase of the economy. Read More
When Google CEO Eric Schmidt sat down to chat at Sun Valley, he couldn't avoid the most talked about startup at the Allen & Company conference: Twitter. Read More
I just landed in Sun Valley for the annual Allen & Co. conference in Sun Valley. There are only a handful of private jets in the airport right now, but in just a few hours it'll be packed with jets whose tail numbers tell the story of some of the richest men in America. Read More
It takes a leap of faith, on a variety of levels, to invest in your company’s future during difficult times. But difficult times are also times of great change and new opportunity. New needs emerge, and those who can see those needs and position themselves to fulfill them can derive huge benefits, writes author Erika Andersen Read More
All three major US indices had their strongest performance since the second quarter of 2003, when the Dow, S&P 500 and NASDAQ Composite were up 12% or higher for the quarter. Read More
The media conglomerates are trading down today, off more than the Dow. One factor pulling them down is the Supreme Court's decision not to consider their appeal to challenge Cablevision Systems new DVR service. Read More
On the final day of the quarter, all three major US indices are poised for their strongest performance since the second quarter of 2003, when the Dow, S&P 500 and NASDAQ Composite were up 12% or higher for the quarter. Read More