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Kathleen Condon wrote a college thesis arguing that you can't beat the stock market over the long run.
Wholesale prices, driven downward by a huge drop in gasoline prices, fell 0.7% in January, their steepest drop in three years, the government said today.
A late wave of selling dragged down the blue chips, leaving the stock market with a mixed showing in heavy trading Tuesday.
The stock market pushed ahead Thursday, establishing the second new high this week for the Dow Jones industrial average.
Selling pressures pushed down stock prices Monday and sent the Dow Jones industrial average on its steepest slide since late summer.
Blue-chip issues set the pace as the stock market rallied from some early declines to finish mostly higher Wednesday.
, continuing a plunge that has cut 6.6% from a key market index.
The nation's 37.4 million Social Security beneficiaries will get a 1.3% benefit increase in January that will put an extra $6 in the average retired worker's monthly check, the government said today.
The government's main gauge of future economic activity rose a slight 0.2% in May, substantially below the pace of the last three months, the Commerce Department said today.
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