Las Vegas housing prices are in the toilet. The latest numbers show prices there have fallen -37.3% in the past year and -51.1% since 2006. The state of Nevada leads the nation in foreclosures — 10,000 in March alone — and seven out of ten Las Vegas mortgages are underwater… Read More

Regulators seeking to stave off a return to $140 crude want to crack down on oil-market “speculation” by putting limits on some big trades. Any new rules along these lines wouldn’t affect individual investors. The Washington-based Commodity… Read More

U.S. President Barack Obama and Russian President Dmitry Medvedev opened the first day of their Moscow summit Monday by signing a preliminary agreement to reduce their countries’ nuclear arsenals. While many of the summit’s agenda items will be military in nature, a broader outcome of this week’s meeting may be… Read More

The head of the World Bank warned Italian Prime Minister Silvio Berlusconi and leaders of the other G-8 nations that recent steps toward overcoming poverty could be lost without decisive action. Helping poor countries is important because such action has ripple effects throughout… Read More

The first half of 2009 has been nothing short of volatile for Wall Street. Between corporate bailouts, bankruptcies and unprecedented government spending, the news has been full of surprises. The assorted high-profile shenanigans of GM, AIG and others deserve their rightful place in the “Hall of Shame,” but there has… Read More

  Oil prices have dipped from their recent peak above $70 per barrel, and the price of another commodity suggests crude has farther to fall. A barrel of oil contains 5.8 million British thermal units (BTUs) of… Read More

Living in Canada, I see first-hand the impact of the falling U.S. dollar. From 2002-2007, the Canadian dollar soared uninterrupted over its stateside counterpart. Over that time, it usually cost me less and less to purchase anything in U.S. dollars… whether it be investments or even vacations. Even though I… Read More

China Mobile (NYSE: CHL) is the largest wireless telecommunications provider in China with a roughly 70% market share. The company serves more than 440 million customers with wireless and wireless data services. Catalyst(s): As noted earlier, China’s mobile phone penetration is… Read More

Coal. If you think coal is dirty and does nothing but emit greenhouse gases and wreak environmental havoc, you’re wrong. You’ve bought the hype. The fact is that, used properly, coal can be used to generate power with ZERO emissions. And the trick behind this technology is so simple, so… Read More

We first covered the Market Vectors Africa (NYSE: AFK) ETF  back in our August 2008 issue of StreetAuthority Market Advisor. Africa is a mix of developing and frontier economies. On one end of the spectrum you have South Africa, which boasts of a stable… Read More