Mon, Jan 26, 2015, 4:04 AM EST - U.S. Markets open in 5 hrs 26 mins

Euro, stocks slip as Greece set to reject austerity

The election was the second blow since last week for the euro, still smarting after the European Central Bank unveiled a huge bond-buying stimulus program. Renegotiating with other euro zone governments could even raise the risk of Greece eventually leaving the currency union, though most market players expect Tsipras to eventually make compromises to avoid the so-called "Grexit".

  • Oil Slides to Near 6-Year Low as U.S. Supply Seen Worsening Glut

    Oil declined to the lowest level in almost six years as data showed U.S. crude inventories in December surged to the highest level for the month since 1930, adding to signs a global supply glut may persist. Crude stockpiles in the U.S., the world’s biggest oil consumer, rose 7.4 percent from last…

  • Gold dips on stronger dollar after Greek vote

    Gold reversed earlier gains on Monday as a stronger dollar offset safe-haven demand following an electoral win by Greece's anti-austerity party that sparked fears of renewed instability in Europe. Greek leftist leader Alexis Tsipras, whose Syriza party swept to victory in a snap election on Sunday,…

    Reuters55 mins ago
  • Asia's Richest Man Has Seen the Future and It's in Europe

    Li Ka-shing has pooh-poohed the notion that his commitment to Hong Kong is waning, saying in 2012 that he has a "special feeling" for the city and "definitely" won't withdraw investments. Friday's news that Hutchison Whampoa is close to buying 02 of the U.K. for as much as $15 billion seals an…

  • 5 Stocks Under $5 With Gigantic Potential Upside

    We scanned our 24/7 Wall St. research data base for stocks priced under $5 with a Buy or Outperform rating, and the potential for large gains.

    24/7 Wall St.
  • 5 things that can kill a tax refund

    Before you go packing your bags or making other plans for your check from Uncle Sam, you have to make sure you're entitled to that tax refund first.

  • Alibaba Q4 Preview: Watch For Mobile Mix And Rates, International Expansion

    Alibaba Group (BABA) will announced its fourth-quarter earnings before the market open this Thursday and host a conference call at 7.30 AM New York time. I have with me earnings preview reports from analysts at Cantor Fitzgerald, UBS and Deutsche Bank. The overall tone was positive, with analysts…
  • Personal Finance Q&A: Risks of keeping entire nest egg at one brokerage

    Dear Liz: I recently retired at 56 and am receiving a pension. My wife is set to retire next year at 56 and will also receive a pension. I chose to leave my 401(k) in my employer's plan but am planning ...

    Los Angeles Times
  • U.S. stock-index futures suggest solidly lower open

    LOS ANGELES (MarketWatch) -- About 11 hours ahead of the start of U.S. stock trade in New York, share-index futures were implying a significantly weaker open for the Monday session. Futures for the Dow ...

  • US works to ease Caribbean dependence on Venezuelan oil

    MIAMI (AP) — A decade-long addiction to oil subsidized by Venezuela may be coming to an end for several Caribbean nations, with a nudge from the United States.

    Associated Press
  • Fake schools draw scrutiny of federal investigators

    SAN FRANCISCO (AP) — From her hometown in India in 2010, Bhanu Challa said she had no reason to doubt that Tri-Valley University was a legitimate American school where she could pursue a master's degree. Its website featured smiling students in caps and gowns and promised a leafy campus in a San…

    Associated Press
  • Obama flunks common sense economics: Kudlow

    Rather than name-calling President Obama's proposals, Republicans must draw a clear line between their worldview and his lack of economic sense.

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    Kim Jong Un's Wife, Sister Seen as Uneasy Allies

    Jan. 26 -- Kim Jong Un’s wife Ri Sol Ju and younger sister Kim Yo Jong are currently allies in sustaining one of the world’s most reclusive leaders. Their overlapping influences make them potential rivals in a regime where family ties aren’t strong enough to protect them against Kim’s purges.…

    Bloomberg Video
  • China Property Agony Deepens as Trust-Loan Lifelines Cut

    China's investment trusts are pulling financing for the real estate industry as Kaisa Group Holdings Ltd. (1638) 's missed payments heighten default concerns. Issuance of property-related products, which channel money from wealthy individual investors, tumbled 62 percent from a year earlier to 38.5…

  • Thousands protest in Kosovo, demand Serb minister be fired

    PRISTINA, Kosovo (AP) — Thousands of ethnic Albanians protested in Kosovo's capital Saturday against a minority Serb politician's denial of war crimes against them and demanded the government take over the management of the country's crucial mining complex.

    Associated Press
  • Pfizer’s $33 Billion Cash Pile Has Everyone Guessing

    Pfizer Inc. (PFE) has $33 billion in cash and a million potential ways to use it. That total on the balance sheet has been the focus of speculation among investors ever since the New York-based pharmaceutical ...

  • This Company's Dividend History Is The Real Thing

    Take water. Add some sugar, a little carbon dioxide and some flavoring. Sell at a gigantic markup. It sounds almost too simple to work, and yet Atlanta-based Coca-Cola Co. has remained a staple of the ...

  • 10 Habits Of Highly Effective Real Estate Investors

    The best real estate investors all share these traits and practices.