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Searching for a Bottom in Industrial Commodities Thursday, January 8, 2009 @ 3:16PMWhat was viewed as inconceivable a year ago is now a reality - roughly $30-trillion of wealth was erased from global stock markets, during a brutal 15-month bear market that began in October 2007. Speculators scrambled for the exits as a crisis originally thought to be limited to the US-mortgage sector morphed into a full-blown “credit crunch,” unlike anything experienced since the Great ...
Searching for a Bottom in Industrial Commodities Thursday, January 8, 2009 @ 12:09PMWhat was viewed as inconceivable a year ago is now a reality - roughly $ 30 -trillion of wealth was erased from global stock markets, during a brutal 15-month bear market that began in October 2007 . S peculators scrambled for the exits as a crisis originally thought to be limited to the US-mortgage sector morphed into a full-blown “credit crunch,” unlike anything experienced since the Great ...
Weekly Jobless Claims Fall Unexpectedly Thursday, January 8, 2009 @ 8:27AMNew claims for unemployment benefits dropped unexpectedly last week, but the number of people continuing to seek aid rose sharply.
Upside-down auto loans Thursday, January 8, 2009 @ 2:31AMLong-term auto loans and low down payments, coupled with falling values, are leaving some drivers "upside down" -- owing more than their vehicles are worth.
Even used car sales down Thursday, January 8, 2009 @ 2:24AMMost area used car dealers agree - as with the new-car market, sales for pre-owned vehicles have slowed Clint Helmuth of Kalona Auto Used Cars and Trucks said that with the current downturn in the economy, owners are driving longer and placing more miles on their vehicles.
After the Fighting in Gaza Wednesday, January 7, 2009 @ 6:09PMWith prospects for a cease-fire in Gaza growing after an Israeli bomb reportedly killed dozens at a school there, attention in Israel, the Palestinian territories and the world must turn to what comes next.
Banks strong, but credit must keep flowing: Flaherty Wednesday, January 7, 2009 @ 4:45PMFinance Minister Jim Flaherty says people across Canada are telling him that access to credit is the most important issue currently facing our economy.
A Second Opinion on Employer Responsibility for Heath Care Wednesday, January 7, 2009 @ 10:46AMAs President-elect Obama prepares to take office, the nation’s health care crisis looms ever larger. One popular health care reform proposal, for which Obama has expressed support, is expanded employer responsibility for employee and family medical care.
City to upgrade intersection Wednesday, January 7, 2009 @ 7:41AMCLYDE -- The city will be upgrading the intersection of South Main Street (Ohio 101) at Limerick Road this year for the new middle school that will be built out there.
2009 Dodge Avenger Wednesday, January 7, 2009 @ 3:14AM To bring you this comprehensive review on the 2009 Dodge Avenger, TheCarConnection.com has researched all the best review sources on the Web. The editors of TheCarConnection.com have spent time behind the wheel of several different Avenger sedans and brought their driving impressions to help make the advice and information in this review ... Watch Video | Browse Photos
Flaherty seeks new ways to get credit going Tuesday, January 6, 2009 @ 8:15PMNervous investors are shunning corporate IOUs
GM’s Opel Cuts Prices, Offers Cheap Loans Amid Slump (Update1) Tuesday, January 6, 2009 @ 10:35AMJan. 6 (Bloomberg) -- General Motors Corp. ’s Opel unit cut prices on some models by more than 8 percent and rolled out a cheap financing package to boost demand in recession-hit Germany.
Automaker will let jobless return new cars Monday, January 5, 2009 @ 4:47PMKorean carmaker Hyundai, based in Fountain Valley, will allow those who lost their jobs to return new cars.
O.C. cutbacks and layoffs hit poor and abused Friday, January 2, 2009 @ 6:22PMThousands of disadvantaged affected.
How the economy is squeezing sports Thursday, January 1, 2009 @ 11:24AMFrom ticket sales to sponsorships, the sports industry faces its first real slump in years.
Minister warns of dangerous ‘growth bubble’ Wednesday, December 31, 2008 @ 1:55PMAFP. BERLIN. Germany’s finance minister said in an interview that cutting interest rates too low in an effort to counter the global recession could create what he called a dangerous "growth bubble".
Top health care issues discussed Wednesday, December 31, 2008 @ 12:11AMAccess and insurance are two of the most important issues in regard to reforming health care in the United States, or at least that was the consensus of those who attended a health care forum at Scott & White. Quality and cost of that health care were ranked third and fourth in importance.
German minister warns of ‘growth bubble’ Tuesday, December 30, 2008 @ 3:47PMBERLIN: Germany’s finance minister has said that cutting interest rates too low in an effort to counter the global recession could create what he called a dangerous “growth bubble”.
M. Ramesh Vinay Kamath Tuesday, December 30, 2008 @ 12:38PMDr Raghuram Rajan, honorary economic advisor to the Prime Minister, was easily the star speaker at the recent Pan IIT global conference of IIT alumni held recently at IIT Madras. The cavernous students activity centre deep inside the verdant campus, which can seat almost 3,000, was nearly full.
How The economy is squeezing sports Monday, December 29, 2008 @ 3:12PMFrom ticket sales to sponsorships, pro sports faces its first real slump in years.
After heart attack, homelessness, substance abuse, man back on track Sunday, December 28, 2008 @ 12:04AMTroy Leonard was waiting to die. On a ship in the Gulf of Mexico — where he slung hammers and lugged wrenches as a support worker for offshore oil drillers — he started having trouble breathing. Then he started having chest pains.
Sales lure shoppers, but is it enough? Saturday, December 27, 2008 @ 8:32AMShoppers hit stores from La Marque to Los Angeles on Friday to take advantage of drastic price cuts offered by desperate retailers.
Business briefs Saturday, December 27, 2008 @ 12:51AM Gas prices hit 5-year low Read comments
12 Things to Look Forward to in 2009 Wednesday, December 24, 2008 @ 8:04AMHard times can breed good news, too.
Ball droppers Tuesday, December 23, 2008 @ 11:14PMThe Book Cadillac A $200 million rehab restored this Motor City landmark, which celebrated its grand opening in October, to its original 1920s glory, but with all the addictive amenities that the 21st Century offers — flat screen TVs, high-speed Internet access and stocked mini-fridges.
How the economy is squeezing sports Tuesday, December 23, 2008 @ 7:59PMSponsorships are down, attendance is slipping and staffers are being jettisoned to the unemployment line. The San Diego Padres owner wants out of baseball, while his counterpart at the New York Mets reportedly lost a fortune with Bernie Madoff.
Canada Post support workers end strike, accept deal Tuesday, December 23, 2008 @ 11:20AMSupport workers at Canada Post have voted to accept a deal that will put an end to a more than month-long strike.
Americans must work to preserve freedom Sunday, December 21, 2008 @ 1:54PMThe year 2008 is another historic period for America and our democracy. Another peaceful transfer of American leadership amid a myriad of extremely vexing problems.
Microsoft Might Not be a Safe Haven Just Yet Friday, December 19, 2008 @ 1:46PMThis upbeat article suggests that Dow component Microsoft (MSFT: sentiment, chart, options) should be able to weather a remarkably weak sales environment due to its solid cash position, healthy dividend yield, and commitment to repurchasing its own shares...( Read More )
Web exclusive: Buy & Sell Roundtable stock picks Friday, December 19, 2008 @ 8:12AMIn the year-end Buy and Sell Roundtable on the Canadian equity market, columnist Sonita Horvitch asks a panel of five leading money managers to highlight stocks that they particularly like.
Michael Bendetson: Ron Paul Interview Monday, December 15, 2008 @ 12:28PM" John McCain stood for the opposite of all these things that I believe in and the Republicans claim to believe in."
With layoffs looming, supervisors OK $400,000 lobby remodel Monday, December 15, 2008 @ 10:00AMAfter OC Watchdog raises questions, two supervisors suggest nixing security walls.
US auto bailout hopes boost Asia stocks Monday, December 15, 2008 @ 2:42AMAsian stocks climbed nearly 4 percent on Monday on renewed hopes the U.S. automaker industry would be rescued, strengthening willingness to take risks and knocking the U.S. dollar to a two-month low against the euro.
Financial planning for OFW families Friday, December 12, 2008 @ 4:01AMTHE STEREOTYPE OF THE FINANCIAL advisor in a pinstriped suit servicing only well-heeled clients dies hard, but believe it or not, banks these days are beating a path to the doors of the not too well off to teach them about financial planning.
We’re not alone in paying tolls to travel Interstates Thursday, December 11, 2008 @ 10:18PMWest Virginia is not alone when it comes to shelling out tolls to ride parts of Interstate highways.
FOREX-Dollar slides to seven-week lows vs euro, yen Thursday, December 11, 2008 @ 1:22PM* Dollar falls to 7-week lows vs euro, yen
GMAC says unlikely to become bank, sees more trouble Wednesday, December 10, 2008 @ 11:36AMGMAC, the troubled former financial arm of General Motors, said Wednesday it is unlikely to meet regulatory requirements to become a bank, meaning deeper woes for the debt-strapped firm.
GMAC says unlikely to become bank, sees more trouble Wednesday, December 10, 2008 @ 11:36AMCHICAGO (AFP) - GMAC, the troubled former financial arm of General Motors, said Wednesday it is unlikely to meet regulatory requirements to become a bank, meaning deeper woes for the debt-strapped firm.
U.S. Stocks Retreat on Profit Outlook; FedEx Shares Tumble Tuesday, December 9, 2008 @ 5:50PMDec. 9 (Bloomberg) -- U.S. stocks slid, halting a two-day advance, after companies from FedEx Corp. to Danaher Corp. forecast earnings that disappointed investors as the deepening recession crimps sales.
U.S. Stocks Retreat on Profit Outlook; FedEx Shares Tumble Tuesday, December 9, 2008 @ 3:02PMDec. 9 (Bloomberg) -- U.S. stocks fell, halting a two-day advance, after companies from FedEx Corp. to Danaher Corp. forecast earnings that disappointed investors as the deepening recession crimps sales.
Europe Markets: Europe rallies into second day; Daimler, Nokia gain Tuesday, December 9, 2008 @ 3:14AMEuropean shares put in another strong session, with carmaker Daimler and mobile phone maker Nokia among notable gainers.
Why John McCain Continues to Trail Barack Obama in Pennsylvania Monday, December 8, 2008 @ 3:47AMhttp://www.JewishWorldReview.com | One of the mysteries of this campaign year has been why John McCain keeps campaigning in Pennsylvania when the polls show him far behind Barack Obama there — 51 percent to 41 percent in the Real Clear Politics average of recent polls as I write.
I Can’t Believe It’s a Kia! Saturday, December 6, 2008 @ 8:50PMThat was my first reaction on spotting the silver 2008 Kia Amanti with black interior and leather...
Electronic Arts Struggles Against Stiff Competition, Technical Resistance Friday, December 5, 2008 @ 10:05AMThis article suggests that the struggling shares of Electronic Arts (ERTS: sentiment, chart, options) could be an attractive turnaround play, due to its "tremendous creative assets" and "roughly %241.3 billion in cash on the books," accounting for nearly a quarter of its market cap...( Read More )
(AFX UK Focus) 2008-12-04 05:36 PRESS DIGEST - Wall Street Journal - Dec 4 Wednesday, December 3, 2008 @ 11:46PMDec 4 (Reuters) - The following were the top stories in The Wall Street Journal on Thursday. Reuters has not verified these stories and does not vouch for their accuracy. * A group of major discounters, including eBay Inc and Costco Wholesale Corp, is expected Thursday to call for new laws blocking manufacturers from setting minimum prices on everything from flat-screen TVs to power drills. That ...
Paul Jenkins: The Short End of The Socialist Stick Wednesday, December 3, 2008 @ 3:56PMWhat we do have is De Gaulle-style socialism (state-funded corporations, cronyism, an overstuffed military), but without free and decent French schools, doctors and trains.
Rate cuts, interest subsidies likely by the weekend Tuesday, December 2, 2008 @ 3:35PMMoney markets were flush with liquidity, with banks parking over Rs 51k crore of surplus funds with RBI.
"Citigroup Predicts 2,000 Gold in 2009" Tuesday, December 2, 2008 @ 8:51AMThe horror of this financial crisis continues to grow. The debate continues over bailing out the auto industry. What do you think? If a bailout occurs it will only be the first in a never ending line of industries seeking help.
Citigroup Predicts 2,000 Gold in 2009 Monday, December 1, 2008 @ 9:29PMBy: David N. Vaughn, Gold Letter, Inc. The horror of this financial crisis continues to grow. The debate continues over bailing out the auto industry. What do you think? If a bailout occurs it will only be the first in a never ending line of industries seeking help.
GPS units: dashboard tools — and tattletales Thursday, November 27, 2008 @ 4:25AMIn their cocoons of leather upholstery, soothing high-tech sound systems and automatically activated personal seat settings, drivers have come to regard their car interiors as mobile extensions of the homes that are their private refuges.