BUSINESS
When Investors Rush In, and Out, Together
By GRAHAM BOWLEY
The
prices of financial assets, which in normal conditions move in
unpredictable directions, are increasingly surging up or down in lock
step.
Off the Charts
The Year the Governments Lost Their Credibility
By FLOYD NORRIS
In
2011, European governments badly underestimated the debt crisis and the
United States nearly defaulted and had its credit rating cut.
Tax Benefits From Options as Windfall for Businesses
By DAVID KOCIENIEWSKI
Companies
that granted stock options after the 2008 stock market collapse are
benefiting from those awards too - in the form of tax savings.
Spain Raises Deficit Forecast
By THE ASSOCIATED PRESS
Spain's new conservative government forecast the country's 2011 budget deficit at 8 percent of its gross domestic product.
Index Points to Weakness in Chinese Economy
By REUTERS
The
HSBC purchasing managers' index edged up to 48.7 in December, from a
32-month low of 47.7 in November. An index reading under 50 indicates
contraction.
