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In This Issue

  • Business taxes, personal investments and business finance
  • Helping entrepreneurs with their American dream of owning their own business
  • Let go of emotional investing
  • Finalists for business person of the year

Yahoo! Finance: Top Stories

Obama Will Seek to Double Budgets for Wall Street Regulators
President Barack Obama will ask Congress to double funding for the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission over the next five years, bolstering two financial ...

Tech stock collapse sure looks like bubble popping
Analysts and onlookers said there was no bubble in tech stocks last year, but how can they explain the current carnage?

Stocks dumped for safe havens as bank fears flare
Asian share markets were scorched on Tuesday as stability concerns put a torch to European bank stocks and sent investors stampeding to only the safest of safe haven assets. The jump in the yen piled further pressure on Japan's Nikkei (.N225) which sank 3.4 percent. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.8 percent, and would have been lower if not for holidays in many centers.

Growth worries, rate hike uncertainty pull Wall Street down
Uncertainty over whether the Federal Reserve would raise rates this year also dragged down U.S. bank stocks, pushing the S&P financial index (.SPSY) down 2.6 percent. The index is off 14.6 percent for the year, the worst-performing of the 10 major S&P sectors. "Investors' attitudes seem to be worsening relative to the likelihood of a global recession.

U.S. bank stocks and bonds clobbered by recession worry
NEW YORK (Reuters/IFR) - U.S. bank stocks and bonds took a pounding on Monday as recession fears compounded concern about their exposure to the energy sector and expectations that global interest rates are unlikely to rise quickly. The S&P 500 financial index, already the worst performing sector this year, fell 2.6 percent and now stands more than 20 percent from its July 2015 high, confirming the sector is in the grip of a bear market. Shares of Morgan Stanley slid 6.9 percent in their largest one-day drop since November 2012, while rival Goldman Sachs fell 4.6 percent.

Tech stocks extend losses, valuations dented
Shares of cloud services companies such as Splunk Inc and Salesforce.com Inc had also declined sharply on Friday. "I think that what we see is a crisis in valuation for the highest multiple stocks, where valuations ... had been driven too far for thematic reasons, what investors perceived as the hottest growth areas," Avondale Partners analyst Randle Reece said.

Now it is Tesla's turn to confront the bears
Tesla Motors Inc (TSLA.O) faces a pivotal moment Wednesday in its fight to convince skeptical investors that it can still win against traditional auto makers in the competition to reshape the auto business.

Corporate winners of Obama budget still face long odds
Facing a hostile Congress in an election year, President Barack Obama will be hard-pressed to push through many of the proposals in his final budget as U.S. leader. Added funding could benefit suppliers such as Delphi Automotive, Autoliv and Mobileye, which are developing safety features for autonomously driven cars, and Lear, which makes electrical power systems, according to Brian Sponheimer, analyst at Gabelli & Co. Obama's plan to fund an overhaul of the nation's infrastructure through a $10-a-barrel tax on crude oil could also boost engineering and construction firms such as Granite Construction said Morris Ajzenman, an analyst at Griffin Securities.

Cisco's quarterly report to offer gauge of technology demand
Investors spooked by a steep sell-off in enterprise tech stocks will get a fresh glimpse of the health of technology spending on Wednesday when bellwether Cisco Systems Inc posts its quarterly results. The networking equipment maker is the largest of several companies reporting this week that have benefited from the trend toward information technology (IT) delivered over the Internet, widely known as cloud computing. Stocks of companies selling cloud computing and data analytics fell for a second session on Monday after Tableau Software Inc last week disappointed investors with a weak revenue forecast.

U.S. regulators upgrade, expand Fiat Chrysler gearshift probe
The U.S. National Highway Traffic Safety Administration said Monday it is expanding a defect investigation of 856,000 Fiat Chrysler SUVs and cars because the vehicles may roll away after drivers exit, thinking they have put the transmission in Park. The government's investigation covers the 2014-15 Jeep Grand Cherokee SUV, 2012-14 Dodge Charger and Chrysler 300. The vehicles under investigation have "E-shift" gear-shifts that operate electronically.