Crude oil futures were up in July, on the news of stronger financial markets and tighter supplies in the Gulf of Mexico and the North Sea. By early in August, prices rose to their highest in three months, before making a retreat due to larger supplies and economic recovery. Currently, WTI and Brent crude...
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A stalemate over taxes and policy in Washington has created an uncertain climate for both individuals and businesses. The expectation that decade-old tax cuts would go away at year’s end has had a fiscal impact, even before the tax cuts are abolished. Those that are expecting higher taxes in 2011 will probably spend less...
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The price of gold has run the gamut so far in 2010, and where it will go next is anyone’s guess. Here is a list of gold price forecasts and estimates for 2010: *Goldman Sachs- for 2010, $1,350 per ounce. For 2011: $1,425 per ounce. This estimate is given due to 2010′s lower interest...
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Google (GOOG) and Microsoft (MSFT) have been chipping away at IBM’s Lotus division. In a counterstrike, IBM launched the LotusLive iNotes service, a cloud-based email service that plans to charge its users $36 per year. This is seen as directly competitive with Google’s service, which charges its users $50 yearly. It’s also indirectly competitive...
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