If you do much investing and are looking for new sources of information, check out Businessweek's new Company Insights Center. It has all the usual financial information, news, and analysis you would expect to see in a tool like this, but everything is very slick and easy to use. Plus, there is information about employees and compensation that I haven't seen in most free tools. If you are like me and lean towards a focused portfolio and value investing style (I only own six stocks in my main account), then you probably spend lots of time on research. This is an excellent tool for that. It's much more useful for fundamental analysis than for technical analysis.
Business Notes
The NYT reports that the minimum wage was just increased. Inflation, anyone?
Congress may approve "the biggest overhaul of mortgage financing since the New Deal."
The government is acknowledging the suffering of business owners everywhere by raising the gas deductible by eight cents.
The Metropolitan Money Store defrauded potential foreclosure victims out of millions of dollars by setting up fake loans and inflated appraisals. Ouch.
The Fed, in a determined effort to control inflation, said today it would "strongly resist" inflationary pressures on the economy. Translation: interest rates are going up in the not-to-distant future.
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