This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

BC-Business News Digest

AP Photos.

SMALLBIZ-SMALL TALK

NEW YORK â¿¿ One of the most painful moments for a small business owner is when he realizes: It's not working. It could be a product that's not succeeding, business that's stolen by a competitor, or changes in the marketplace that threaten a company's survival. To survive, small business owners often have to reinvent themselves. It's not an easy task. But some have been able to pull it off. By Business Writer Joyce M. Rosenberg.

ITALY-BEATING THE CHEATS

ROME â¿¿ Good plumbers may be worth their weight in gold, but when one was spotted zipping around in a bright red Ferrari, Italian tax police were fast on his trail. Stamping out entrenched tax evasion is crucial to Premier Mario Monti's quest to keep Italy from succumbing to the European debt crisis. By Frances D'Emilio.

AP Photos

MARKETS & ECONOMY

FED MINUTES

WASHINGTON â¿¿ The Federal Reserve may be preparing to take further steps to stimulate an economy that remains too weak to reduce high unemployment. Minutes of the Fed's Oct. 23-24 policy meeting released Wednesday suggest that it might unveil a bond buying program in December to replace a program that expires at year's end. By Economics Writer Martin Crutsinger.

â¿¿CENSUS-POVERTYâ¿¿ Taking medical costs and work-related expenses into account results in a larger number of poor people than the government's official poverty measure, the Census Bureau says.

FORECLOSURE RATES, HFR

LOS ANGELES â¿¿ The pace of new foreclosures is slowing and fewer properties are being repossessed by lenders, according to new data from foreclosure listing firm RealtyTrac Inc. By Real Estate Writer Alex Veiga.

Eds: The story may not be published, broadcast or posted online before 12:01 a.m. EST on Thursday.

WALL STREET

NEW YORK â¿¿ Investors draws little hope for a quick compromise in U.S. budget talks after President Barack Obama insists that higher taxes on wealthy Americans would have to be part of any deal. Stocks fall sharply, and even a signal from the Federal Reserve that it could launch a program in December to speed job growth fails to encourage investors. The Dow Jones industrial average drops 185 points. By Business Writer Steve Rothwell.

2 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 17,596.35 -350.33 -1.95%
S&P 500 2,057.64 -43.85 -2.09%
NASDAQ 4,958.4680 -122.0370 -2.40%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs