The peak of the technology bubble was 10 years ago yesterday.In March of 2000, after a mind-boggling 5-year run, the NASDAQ peaked at 5,000. Stocks like Cisco, JDS Uniphase, and Yahoo, which had made investors fortunes in the 1990s, had soared to le
China’s consumer price inflation rose a faster-than-expected 2.7% in February, the sharpest increase since October 2008. Coming on the heels of Tuesday’s strong import/export data and amid a surge in real estate speculation, China’s central bank may take
Forbes is out with its annual list of the world’s richest people. With so many Americans facing financial distress, this list seems more than ever like a crass exercise that belongs in a bygone era. …
It’s anniversary week on Wall Street as investors and the media (especially the media) commemorate the 10-year anniversary of the Nasdaq’s all-time peak and the one-year anniversary of the 2009 market bottom. On the surface, the two eve