Archive for Managing Money
Credit Crisis Update: U.S. Stocks Notch Record Gains on Investor Hopes for a New Bailout Plan
U.S. stocks soared yesterday (Tuesday) - with the Dow Jones Industrial Average gaining 485 points in posting its third-biggest point gain ever - as investors surged back into stocks just one day after the surprise rejection of a $700 billion bailout plan…
1Oct2008 | Managing Money | 0 comments | ContinuedGovernment Grapples With Details of $700 Billion Bailout
President George Bush yesterday (Monday) urged congressional legislators to put aside differences and work together for a speedy passage of a bill that would pledge $700 billion in taxpayer money to fight the current financial crisis - the largest bailout…
23Sep2008 | Managing Money | 0 comments | ContinuedCrude Oil Futures Post Record Gain as “Peak Oil” Expert Calls for Rally to $500 a Barrel
Crude oil futures zoomed more than $16 a barrel yesterday (Monday) - and traded as high as $130 a barrel - thanks to a steep decline in the U.S. dollar and speculation that the Bush administration’s plan to bail out…
23Sep2008 | Managing Money | 0 comments | ContinuedWal-Mart Getting Roll-Back Pricing on Taxes?
Ads featuring Wal-Mart (NYSE: WMT) are all over the television recent days. Normally, that would be a good thing for the discount retailer. In this case, however, Wal-Mart is being used in a Barack Obama political ad. The ads claim that…
23Sep2008 | Managing Money | 0 comments | ContinuedHistory suggests that this is just another crisis like many others, and this too shall pass.
The current housing and banking crises are both unique and severe. Billions of dollars of wealth have disappeared over the last year, in some cases in just a matter of days. Companies that have been household names have gone bankrupt,…
21Sep2008 | Managing Money | 0 comments | Continued
Loading ...
