Breaking news from around the web, and commentary on current financial news affects us daily. On any given day there are political, financial, economic, and Company news events that affects our lives, and more importantly, our pocketbooks. Take a look around and see how you are being affected today.
Oil jumps as Libya clashes intensify; Mideast worry
(Reuters) – Brent oil prices pushed above $116 a barrel and U.S. oil jumped more than $3 to its highest since September 2008 on Friday, as fighting in Libya worsened and protests in the Middle East intensified.
Investors piled into the oil market fearing extended supply disruptions in Libya as rebels fought security forces in Ras [...]
Gas prices rise, as do savings for transit riders
(Reuters) – Gasoline prices are spiking and with them the savings for U.S. commuters who rely on public transportation, a transit group said on Friday.
U.S. gas prices have increased 28 cents a gallon in the last 10 days to $3.47 per gallon. Individuals who travel by bus or commuter rail instead of filling up their [...]
Jobless Rate Falls to 8.9%, Payrolls Rise 192,000
The U.S. jobless rate unexpectedly fell to 8.9 percent in February, the lowest in almost two years, and employers added 192,000 jobs in a sign of growing confidence in the recovery.
The increase in payrolls partly reflected a return to more seasonable weather and followed a 63,000 gain in January, Labor Department figures showed today in [...]
China Targets 8% Growth This Year as Wen Vows to ‘Decisively’ Curb Prices
China’s government will target 8 percent economic growth this year and “decisively” curb increases in prices that may threaten social stability, Premier Wen Jiabao said in his state-of-the-nation report.
“We cannot allow price rises to affect the normal lives of low-income people,” Wen said in a report to the annual meeting of the National People’s Congress [...]
Approaching The Stock Market
If you have just started learning about the stock market then you will quickly find out that there are really two schools of thoughts out there.
1. Fundamental Analysis
When it comes to most stock market for new investors courses it focuses around fundamental analysis.
3 Types of Long Term Investments
You can get rich by investing your money wisely over the long term and being smart about it. So here are a few different long term investing strategies that can be very powerful.
1.
Mutual Funds or Stocks
If you want to invest into the equity market the two best ways are buying stocks or mutual funds. Each of these securities has their pros and cons. So, what are they and which one would you want to invest into?