Karen Smith

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Five Years Into Bull Market Bears Still Waiting For The Drop That Hasn't Come

Legend has it that when John Pierpont (J.P.) Morgan was once asked how he became so wealthy the financier responded, “By selling too soon.” He meant that by selling when a stock was high — but not necessarily at its eventual highest– he won. More than a century after Morgan’s death, modern …

Why Plug Power (PLUG) Is Soaring Today

NEW YORK (TheStreet) -- <b>Plug Power</b>'s (PLUG) time has come. The hydrogen fuel cell maker, which has consistently lost money for years now, has found …

The Size Of The Smartwatch Market & Its Key Players

As a champion of the traditional mechanical watch industry I am also deeply interested in the still infant smartwatch industry. The two aren’t directly related but will sooner or later be at odds as they are going to vie for the same wrist real estate space. Wearable computing devices may be fodder …

Chart: What’s the real unemployment rate?

The U.S. Labor Department said Friday that the unemployment rate was 6.7 percent in February—but does that rate tell the real story?<p>A number of …

Russia paying price for Ukraine crisis

Russia is already paying a heavy price for intervening in Ukraine, Western officials said Thursday.<p>Tumbling stock markets and a big currency devaluation are delivering a blow to its faltering economy.<p>"So far we've seen a major impact on the Russian economy and the Ukrainian economy, and some …

Mexico enjoys an automotive boom

Lower labor costs and free trade have helped drive a production surge south of the border.<p>DETROIT -- Mexico is winning thousands of new auto jobs by offering a compelling combination of lower labor costs, a mature supply base and access to transportation that makes it easy to export vehicles to the …

Ukraine crisis: Viktor Yanukovych surfaces to say he is 'still leader'

Ousted Ukrainian president surfaces for the first time since going on the run five days ago, as armed pro-Russian separatists take over a parliament building in the Crimea<p>Ukraine's deposed president, Viktor Yanukovych, has surfaced for the first time since going on the run five days ago, declaring …

Russia

Chile's stunning fossil whale graveyard explained

<b>It is one of the most astonishing fossil discoveries of recent years - a graveyard of whales found beside the Pan-American Highway in Chile.</b><p>And now scientists think they can explain how so many of the animals came to be preserved in one location more than five million years ago.<p>It was the result of …

What the Comcast-Netflix deal means to net neutrality

Four months ago, Netflix CEO Reed Hastings told financial analysts he believed technological innovation would continue only if Internet service companies were not "taxing each other."<p>On Sunday, his company agreed to pay an undisclosed sum to Comcast to ensure that its streaming of online movies and …

Net Neutrality

Chipmakers dream of China as they head to Spain's smartphone gala

SAN FRANCISCO/BARCELONA (Reuters) - The world's biggest mobile brands will jostle for the spotlight at the premier mobile industry event this week in Spain, but away from the glitzy displays chipmakers will be preoccupied with China, the largest mobile market on the planet.<p>From Qualcomm and Intel …

Central African Republic militia says will only disarm after Muslim rebels do

BANGUI (Reuters) - A powerful militia in Central African Republic said on Saturday it will only disarm once its main rivals, the mainly Muslim Seleka fighters, lay down their weapons, a deadlock that risks prolonging the crisis in the war-torn country.<p>The "anti-balaka" self defense militia was …

Ukraine: Yulia Tymoshenko released as country lurches towards split

Ukraine's former prime minister Yulia Tymoshenko was freed from custody on Saturday, as President Viktor Yanukovych's fall from power threatened to leave Ukraine dangerously split.<p>Parliament in Kiev voted to remove the president from power and called elections for 25 May, while politicians from the …

Associated Press News

Ukraine President Impeached as Archrival Returns to Kiev

<i>UPDATED: 2:35 p.m., with Yulia Tymoshenko's arrival in Kiev.</i><p>KIEV, Ukraine - Former Prime Minister Yulia Tymoshenko made a dramatic and emotional …

Ukraine President Yanukovich impeached

Ukraine's parliament has voted to remove President Viktor Yanukovich from office, hours after he abandoned his Kiev office to protesters and denounced what he described as a coup.<p>The impeachment, which was backed by 328 of the 447 deputies, argues that Yanukovich abused his powers.<p>The Ukrainian …

Beijing smog alert turns 'orange' as air pollution soars

<b>Beijingers have been warned to stay indoors as much as possible to avoid outdoor air pollution that has reached hazardous levels.</b><p>Particulate readings soared 15 times above the daily maximum recommended by the World Health Organization.<p>In response, city authorities have started using Beijing's new …

Venezuela leader Nicolas Maduro seeks talks with Obama

http://vod-pro-ww-live.akamaized.net/mps_h264_hi/public/news/world/1055000/1055121_h264_1500k.mp4?__gda__=1524667211_2d43e4e722e095751395db0db050cd40<p><b>Venezuelan leader Nicolas Maduro has invited US President Barack Obama to join him in talks aimed at resolving the problems between the two …

Embattled Ukraine President Leaves Kiev After Bowing to Protesters' Demands

Ukraine’s embattled president reportedly left the capital for his support base in Ukraine's Russia-leaning east, just hours after he made huge concessions aimed at ending deadly violence that has been shaking the country for weeks.<p>Late on Friday, a senior State Department official said President …

LinkedIn Finally Lets You Block Other Members

LinkedIn has at last added a long-requested feature with the introduction of member blocking. This adds a new privacy control to the service, which lets you restrict access to your profile, direct interactions, and network activity from any other logged-in member who you don’t want to interact with …

Nigerian president suspends central bank governor Sanusi

The announcement of Sanusi’s suspension was made on 20 February 2014 only a month after Jonathan had allegedly asked the governor to step …

Five charts to explain China’s shadow banking system, and how it could make a slowdown even uglier

“China’s shadow banking system”—it just <i>sounds</i> scary, doesn’t it? And the explosion of risky, undisclosed loans in China’s financial system since 2009 is certainly cause for alarm. As Quartz reported recently, unless China can bring its credit bubble under control with a mixture of deleveraging and …

Bank of China

Gold futures mark second day of losses

SAN FRANCISCO (MarketWatch) — Gold futures close lower for a second session on Thursday, undercut by strength in the U.S. dollar as well as Chinese …

Stock Markets

China just sold almost $50 billion in US Treasurys… But don’t panic just yet

China’s holdings of US Treasurys dropped to the lowest levels in two years after China dumped $47.8 billion in paper—equal to about 3.6% of its Treasury holdings as of November—bringing its total holdings to $1.27 trillion. Not that this should come as a shock. Yi Gang, a deputy governor of China’s …

China