Stay updated with breaking news from James poterba. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Performance that its seen in about two months. Energy and Technology Companies led the decline, many of 2013s strongest performers were down for the day. If youre taking a look this morning, youll see equities are indicated higher. Dow futures up by 26 points above fair value. S p up by close to two points. Oil looks to be a major market story. Yesterday there was a late day swoon triggered by the death cross. Thats when something you see the 50day average moving below the 200 day moving average. Its viewed as a bearish sign and you did see a big selloff. We saw wti crude falling all the way back down to 95 and change. This morning on, it is still down there, down another 17 cents to 95. 27. Had been close to 100 a barrel before. Also worth watching today, the 10 30 eastern report on natural gas inventories. Then we have the latest oil decline coming about a half hour later. On the economic agenda, we have the major automake ....
Removing or reducing double taxation will lead to more jobs andhigher living standards, will make America more competitive in theglobal economy, and will simplify the tax code. ....
A new ceremonial shepherd’s staff for use during MIT Commencement was given to the Institute by Professor Lily Tsai, former chair of the faculty; designed by Professor Brandon Clifford; and fabricated at MIT by a team from the Department of Architecture. ....
MIT alumnus Noubar Afeyan, an inventor and parallel entrepreneur with a penchant for bold ideas, will deliver the address at the OneMIT Commencement Ceremony on Thursday, May 30. ....
Last summer, as he turned 95, the economist Robert M. Solow sat at home poring over a draft outline of “The Work of the Future,” an MIT report about technology, jobs, and economic growth. Solow has been studying these topics since he returned from fighting in World War II and won a Nobel Prize in 1987… ....