Expect Interest Rate Hike in June, Economist Chris Rupkey Says

With interest rates at historic lows and the economy recovering, a question is -- when will Ben Bernanke and team finally raise interest rates?"June is the final time" for rock-bottom rates and a likely rate hike, says our guest Chris Rupkey, ch

Trend Still Up But 2010 Is Not Going to Be Great, Philip Roth Says

The stock market's trend is still higher and investors should give the rally the benefit of the doubt but "I don't think 2010 is gonna be a great year," says Philip Roth, Miller Tabak's chief technical market analyst.Roth is far from a megabear,

Google's Nexus One on Verizon in Spring 2010

From The Business Insider, January 5, 2009:Google's "superphone," the Nexus One, will be available on Verizon Wireless this spring.
You can go to its store right now and order one.
Unlocked, the phone is $529. With a 2 year T-Mobile plan, the

Oil Could "Easily" Hit $90: Energy Key to 2010 Stock Market, Philip Roth Says

Oil truly is "black gold" these days. Oil futures have climbed for nine straight sessions, rallying about 12% in that time.

Phil Roth, chief technical market analyst with Miller Tabak, sees plenty of reasons not to bet against the trend. E

Google's Nexus One Is Bold New Face in Super-Smartphones

From All Things Digital, January 5, 2010:Google
this week is taking two dramatic steps to try to catapult devices using
its Android mobile operating system into stronger competition with
Apple���s (AAPL) iPhone and Research in Motion���s (RIMM)

Best paid FTSE 100 finance director

Kevin Hayes has the mantle of the highest-paid finance director in the FTSE 100 bestowed on him by Accountancy , a journal of the Institute of Chartered Accountants of England and Wales .

His remuneration in fact fell from $4.4m to $3.6m (£2.9m) for the year to March, thanks to weaker sterling, but in difficult times it was enough to beat Tesco's Andrew Higginson, on about £2.75m, who has gone on to run Tesco Bank.

The amount may also not be significant in the context of Lehman Brothers, where Mr Hayes worked in a senior positions in London and New York until March 2007, when he made an impeccably timed move to Man Group.

Read more here.

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Will California become America's first failed state?

Los Angeles, 2009: California may be the eighth largest economy in the world, but its state government is issuing IOUs, unemployment is at its highest in 70 years, and teachers are on hunger strike. So what has gone so catastrophically wrong?

California has a special place in the American psyche. It is the Golden State: a playground of the rich and famous with perfect weather. It symbolises a lifestyle of sunshine, swimming pools and the Hollywood dream factory.

Read more here.

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