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Chinese New Year rally? A lesser-known seasonal indicator

1 day ago ago from BloggingStocks

Investors are familiar with the concept of a "Santa Claus" rally. In his Next Inning newsletter, however, Paul McWiliams looks at a less well-known seasonal pattern involving the Chinese New Year. "With the growth of Asian consumerism we've seen a progressive shift in holiday shopping patterns. "While the Christmas holiday shopping season still dominates these seasonal patterns, the Chinese New Year has significantly grown in importance ...

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New Yorker Cleared of Rape After 3 Years Behind Bars

23 hours ago ago from FOX News

New Yorker Cleared of Rape After 3 Years Behind Bars Thursday, December 10, 2009 Print NEW YORK A New Yorker who spent nearly three years in prison has been cleared after his New Jersey accuser admitted that her gang rape claim was a lie. A Manhattan judge threw out construction worker William McCaffrey's conviction on Thursday. He has been free on bail since September. Biurny Peguero originally said three men raped her at ...

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AP Business NewsBrief at 2:13 p.m. EST

21 hours ago ago from PopEater

Federal budget deficit for November hits $120.3B WASHINGTON (AP) The federal deficit for the first two months of the new budget year is piling up faster than last year's record imbalance. Economists worry the flood of red ink could push interest rates higher and raise the cost of borrowing for consumers and businesses, a potential drag on the fragile economic recovery. Goldman Sachs execs won't get 2009 cash bonus NEW YORK (AP) Goldman ...

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HotelsCombined.com Names the Top 10 Places to Celebrate New Year's Eve 2009

11 hours ago ago from PopEater

SYDNEY, Dec. 11 /PRNewswire/ -- To help travelers find the New Year's Eve party that best fits their celebration style, HotelsCombined.com, the world's leading hotel search engine, has named the Top 10 Places to Celebrate New Year's Eve. People around the globe come together to share in vibrant celebrations ranging from the awe-inspiring fireworks display in Rio de Janeiro, Brazil to the New Year's ball drop in New York City. No matter where ...

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San Jose Warms Up Winter With Hot Events

23 hours ago ago from PopEater

SAN JOSE, Calif., Dec. 10 /PRNewswire/ -- Summer may be long over, and the days are getting shorter, but San Jose's winter events - from festivals to concerts --will give locals and visitors many reasons to get out of hibernate mode and get their mojo back! Holiday Events and Beyond Broadway San Jose - As Broadway San Jose continues in inaugural season at the Center for the Performing Arts in Downtown San Jose, Riverdance comes to life on the ...

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