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MoneyMorning's opinions

Dec 29 2008 at 6:04 ET (By MoneyMorning)

What Shape Will the U.S. Recession Take: U, W or ‘Bloody L?’

By Martin Hutchinson Contributing Editor Money Morning/The Money Map Report Right now, the conventional wisdom seems to be that the United States is looking at a "U-shaped" recession and recovery. Output declined gently in the third quarter, is drop...

0 Comments Symbols:  L

Dec 29 2008 at 6:02 ET (By MoneyMorning)

Company Layoffs: More Companies Trim the Fat without Trimming the Workforce

By Jason Simpkins Associate Editor Money Morning The U.S. unemployment rate, currently at a level of 6.5%, could rise to 8% next year. But it could also find a ceiling sooner than expected, as more companies implement unpaid vacations and four-day wo...

0 Comments Symbols:  N/A

Dec 25 2008 at 5:13 ET (By MoneyMorning)

Toyota’s First Operating Loss Since 1938 Spells Trouble for Japanese Economy

Joining a chorus of ailing U.S. automakers, Toyota Motor Co. (TM) yesterday (Monday) forecast its first operating loss in 71 years on plummeting demand and sharp appreciation of the Japanese yen. The announcement prompted Moody’s Investors Service to cons...

2 Comments Symbols:  TM, GM

Dec 25 2008 at 5:11 ET (By MoneyMorning)

Global Investing Roundups

Kenya Growth Stalls Quickly; Caterpillar Cuts Pay and Jobs; Wal-Mart Offers $2.66 Billion for Chile’s Biggest Grocer; Walgreen Falls Short, Cuts Opening Plans; Palm Gets $100 Million Injection; JPMorgan Buys UBS Assets; Oil Falls 6%. http://www.m​oneymorni...

0 Comments Symbols:  UBS

Dec 25 2008 at 5:10 ET (By MoneyMorning)

Banks That Got $188 Billion in Bailout Money This Year Paid Out $1.6 Billion to Top Execs Last Year

The 116 banks that are receiving billions in taxpayer-provided bailout money this year actually paid out $1.6 billion in compensation and benefits to their top executives last year – even though the results at some of these institutions were so poor that ...

0 Comments Symbols:  N/A

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