Slashed Economic Outlook Overshadows Individual Stock Gains: Market Recap

In a world that is increasingly shifting towards mobile devices, the PC industry has been desperately seeking a catalyst for better sales. Companies like Dell (NASDAQ:DELL) and Hewlett-Packard (NYSE:HPQ) are counting on Microsoft’s (NASDAQ:MSFT) new Windows 8 to excite consumers, but how well is the new operating system selling? (Read more.)

Best Buy’s (NYSE:BBY) shareholders have already been fleeced by executives with no vision. Now, Mad Men on Madison Avenue are also ripping off the big box retailer. (Read more.)

Warren Buffett raised some eyebrows on Monday when he called for a minimum tax rate on America’s super wealthy. Just as critics began reacting, the Wizard of Omaha caused another sensation when he plugged JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon as a candidate for the Secretary of the U.S. Treasury. (Read more.)

Euro zone finance ministers and the International Monetary Fund finally reached an agreement to reduce Greece’s debt and clear the way for the release of the next batch of aid loans, cheering the stricken country as well as the financial markets. (Read more.)

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