As of this writing, there's no way to know what the outcome, if any, will be of the political showdown in Washington on the debt ceiling limit. To say the situation was changeable was understating it. At the end of Friday, July 25th, it appeared that a tentative compromise deal broke down although there were indications of possible
American business empires don't get much bigger or more American than General Electric (GE). That's why the latest news from GE was such a shocker.
As the Wall Street Journal and Bloomberg reported, GE is moving the headquarters of
Dead money?
That's what most investors call shares of companies that haven't shown signs of growth for years. Until recently, Microsoft (MSFT) was often held out as "exhibit A". The software giant had been stuck in a flat trading range, with signs of slow price erosion, for the past ten years.