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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…
1Oct2008 | Managing Money | Comments Off | 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…
23Sep2008 | Managing Money | Comments Off | 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…
23Sep2008 | Managing Money | Comments Off | 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,…
23Sep2008 | Managing Money | Comments Off | 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…
21Sep2008 | Managing Money | Comments Off | Continued
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