Rick Newman

January 2013


The Good News in a Bad GDP Report

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If you're a contrarian, you ought to love the latest report on the direction of the nation's economy.

GDP shrank by 0.1 percentage points in the fourth quarter of 2012, a sorry performance suggesting the economy is even weaker than skeptical economists expected. If growth remains at that level for ...

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TAGS:
GDP
economy
business

Blame Washington for the GDP Dip

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Those Washington politicians think they're awfully important. Unfortunately, they're right.

The economy nose-dived during the last three months of 2012, with GDP shrinking by 0.1 percentage point, according to the latest government figures. That's the first time the economy shrank since 2009, during ...

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TAGS:
GDP
business

Why Apple Is Down and Netflix Is Up

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Expectations. They sometimes do more to create the impression of success than success itself.

Nowhere is this truer than in the stock market, where shares rise and fall not so much on the prospects of the company itself, but on whether the company is doing better or worse than analysts think it ...

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TAGS:
Apple Inc.
Netflix

Wal-Mart's Well-Timed Good Citizen Campaign

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The world's biggest retailer has some good news for America, just as the nation—and the company itself—could use some.

Wal-Mart plans to spend an extra $50 billion over the next decade buying American-made merchandise, to help reestablish U.S. manufacturing after two decades of steep job losses to ...

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TAGS:
Walmart

Another Wrong Turn for Boeing's 787 Dreamliner

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A fire on an airplane is scary enough. But if you build airplanes, what's even more unnerving is a government investigation into the problem.

That's the situation Boeing now faces with its new 787 Dreamliner, a wide-body jet roughly the size of a 767, with the longer range of a 747 jumbo jet. The ...

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TAGS:
Boeing

Car Sales Accelerate Heading Into 2013

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If car buyers heard about the fiscal cliff in December, they high-tailed it in the other direction.

Many consumers and businesses slowed their spending at the end of 2012, as they waited for the outcome of negotiations in Washington over tax hikes and spending cuts. Car buyers were an exception.

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TAGS:
cars

Get Ready for the Next Fiscal Cliff

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What, you thought there was only one fiscal cliff? Sorry to break the news, but 2013 could be the Year of the Cliff.

The New Year's Day deal to avert $600 billion worth of tax hikes and spending cuts has generated a sense of relief and a minor stock market rally. It's certainly good news that 2013 ...

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TAGS:
fiscal cliff

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