The U.S.stock market re-opens this morning after four straight weeks of losses. Traders remain concerned about the European debt situation and fears that the U.S. is headed toward another recession. Wall Street Journal MarketWatch columnist David Weidner says don’t expect any major gains in the market over the next several weeks. “There’s not a lot… Continue reading Weidner: No Major Market Gains In Near Future
Indiana Governor Mitch Daniels says he believes the federal goverment made the best of a bad situation by attempting to rescue the nation’s financial sector with the $700 billion package approved by Congress last week. Daniels, who led the White House Office of Management and Budget during President Bush’s first term, says it will take… Continue reading Daniels Says Federal Rescue Plan "Beat Doing Nothing"