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Marvin Clark

Digital Journalist based in Scottsdale, AZ, United States. Joined on Aug 10, 2008



Op-Ed: Steady but slow progress for the economy

Costco has an E. Coli problem. Nineteen people have been infected with E. coli in California, Colorado, Missouri, Montana, Utah, Virginia, and Washington. They have tracked the source to Costco’s rotisserie chicken salad.

Op-Ed: Pfizer to buy Allergan in $160 billion deal

Foreclosures and short sales dropped to 6 percent in October, down from 9 percent a year ago, and the lowest level since the National Association of Realtors stared tracking distressed sales in October 2008.

Op-Ed: The S&P 500 index gained 3.3% for the week

Since 1987, DJIA has logged gains in 22 of 28 years from the close on Friday after Thanksgiving to year-end. The S&P 500 is up 0.5 percent in November and 1.5 percent thus far in 2015. There are 28 trading days remaining in 2015.

Op-Ed: Nice little planet — Financial review

The Federal Reserve published the minutes of the last FOMC meeting and earlier today, 3 more Fed policymakers said they support a rate hike in December.

Op-Ed: Inflation rates may rise soon — Financial review

You’re not just imagining it. Prices are going up, except for commodities. And the price of energy has an oversized influence on the annual inflation rate.

Op-Ed: Paris, its effect on financial markets, and the S&P 500

The response in the US has been to fly French flags at football games. The NYSE and NASDAQ observed a minute of silence at 9:25 AM Eastern, before the opening bell.

Op-Ed: Consumers are bargain bloodhounds — Financial Review

The downturn turned us into bargain bloodhounds. Maybe this is the beginning of the end of department stores and malls as we know them.

Op-Ed: Show me the data — Financial review

And the IMF has a point. The Fed may be anxious to raise rates but for all their talk they haven’t rolled out the data to back that position.

Op-Ed: Easy decision day; EIA crude oil inventories rise

Many Fed policymakers have been saying they will raise interest rates since March, but there are also doves among the Fed, arguing against rate hikes.

Op-Ed: Barn-cleaning John Boehner reaches tentative budget deal

The deal still needs Congressional approval, but for outgoing House Speaker John Boehner this was a matter of wrapping up unfinished business before his departure, or as Boehner described it “cleaning the barn.”

U.S. economy looks shaky, which weak GDP reading would confirm

Opponents of the Ex-Im Bank claim it is nothing more than an example of corporate welfare, even though the bank paid the Treasury $675 million in fiscal year 2014. The bank says it supported $27.4 billion in exports and 164,000 American jobs last year.

Op-Ed: Stormy weather — Financial review

The S&P 500 gained 2.1 percent for the week; its fourth straight weekly gain; moving into positive territory year to date. For the week, the Dow rose 2.5 percent and the NASDAQ gained 3 percent.

Op-Ed: Latest company earnings reports, median stock figures and more

The median stock in the US has been flat for 2015. That is actually a big improvement from about one month ago when the median stock was down 8%, so we’ve seen a nice rally, but at the current pace we are on track for the worst performance since 2008.

Op-Ed: Starbucks tax deals, 'Back to the Future' day and more

New ideas and technologies have completely changed the way we live, learn, and work. So, the next question is: What will our world look like in 2045, 30 years from today?

Op-Ed: Third quarter earnings, Star Wars record-breaking and more

Earnings reports will likely be a big driver for stocks this week. IBM shares dropped 5.5 percent after announcing revenues that missed even the most pessimistic expectations and issuing weaker-than-expected guidance for the year.

Op-Ed: Black Monday's 28th anniversary

Twenty-eight years ago Monday, the Dow Jones Industrial Average crashed; a one day loss of 508 points, or 22.6 percent, down to 1,738 on what is now referred to as Black Monday. It was by far the largest one-day percentage drop in US stock market history.

No wagering in Nevada for you, sports fantasy

The appellate court said the case “tests the boundaries of fair use,” but found Google’s practices were ultimately allowed under the law.

Op-Ed: No COLA increase coming for Social Security recipients

The government announced there will be no cost-of-living (COLA) increase in their benefits next year. The difference would mean an average of a little more than $500 a year in Social Security benefits.

Op-Ed: Wal-Mart's drops its sales forecast and other market news

Doug McMillon, Walmart’s chief executive, said the company needed to invest to return to growth. McMillon said: “Retail history is very clear. Those that are unwilling or unable to change go away.

Op-Ed: Watching And Waiting to raise interest rates, next year

The deal brings one out of every three beers sold worldwide under a single company. Under terms of the agreement, AB InBev (BUD) would pay a $3 billion break-up fee to SABMiller (SAB) should the transaction fail to clear regulatory hurdles or ...
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