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Archive 2008

Friday, January 2, 2009
Dow closes up 258 points as investors cheer new year
U.S. stocks climb in early trading
Manufacturing shrinks as orders hit 60-year low
Gazprom increases Belarus gas supplies as Ukraine dispute deepens
Obama has no timetable for stimulus package
Feldstein: Economy may be worse a year from now

Wednesday, December 31, 2008
Dow closes up 108 points as a miserable year ends
Crude ends volatile year below $45

U.S. mortgage rates drop to another new low
U.S. Treasuries fall, trimming biggest annual gain since 1995

Tuesday, December 30, 2008
Dow closes up 184 points despite bad economic reports
December consumer confidence drops to all-time low
Home prices plunge a record 18% in October
Dollar heads for biggest annual drop against yen in two decades
GMAC loosens credit to make vehicles easier to buy
The worst media calls of 2008

Monday, December 29, 2008
Dow closes down 32 points
Stocks edge down in early trading as investors watch Middle East

Dollar falls on concern that Middle East conflict may cut oil supply
Gold climbs as oil surges
Twenty-one dumbest moments in business in 2008

Friday, December 26, 2008
Dow closes up 47 points in slow trading
Pakistan moves troops to its border with India

Holiday sales tumble as U.S. consumers cut spending
Stocks mixed in midday trading after GMAC lifeline
Bonds and dollar hold steady in post-holiday trading
Crude prices rebound, but most believe bounce is temporary

Wednesday, December 24, 2008
Dow closes up 49 points as durable goods and spending top forecasts
Fed grants GMAC bank holding company status

U.S. economy: Spending dropped less than forecast in November

Mortgage applications hit five-year high
New jobless claims jump more than expected

Tuesday, December 23, 2008
Dow closes down 100 points as housing market sags
Stocks dip in early trading after housing data
U.S. home resales fall; prices drop by record 13.2%
GDP shrank in third quarter as economy chilled
GM investors bet U.S. lifeline will not be enough
Report: Obama had no contact with governor
Moorlach predicts up to 10 municipal bankruptcies in coming year

Monday, December 22, 2008
Dow closes down 59 points as investors seek safety
U.S. stocks fall in midday trading as profit outlook offsets stimulus
VIX drop signals quiet close to tumult of 2008
Treasurys down after record 2-year auction

Toyota sees first operating loss
Oil falls 3%, Chinese demand down
Gold climbs 1% on weak dollar
Ten worst real estate markets for 2009

Friday, December 19, 2008
Dow closes day down 26 points

GM and Chrysler will get $13.4 billion in U.S. loans
Stocks wobble in midday trading after auto bailout
Low mortgage rates toss housing markets a lifeline
Gold drops nearly 3% as euro falls

Thursday, December 18, 2008
Dow closes off 219 points
GE and GE Capital outlook changed to negative by S&P

Obama pledges regulators will crack down on greed and scheming
Oil drops to $36 as demand outlook overshadows OPEC
Obama stimulus plan could reach $850 billion
Gold eases as dollar lifts off lows, oil falls
Bush considering orderly auto industry bankruptcy
Mortgage rates fall; unemployment data still weak

Wednesday, December 17, 2008
Dow closes down 100 points in late selling
Chrysler to halt production at all plants for a month
Crude oil falls below $40 on OPEC skepticism, U.S. supply gain

OPEC approves biggest ever output cut
Gold climbs 1% as dollar weakens after Fed rate cut
Madoff under house arrest as SEC says it missed signs
What an interest rate of 0% means for your investments
The growing threat of deflation

Tuesday, December 16, 2008
Dow closes up 360 points on Fed rate cut
Fed cuts target for key rate to record low

Treasury yields drop to record lows
Gold jumps above $850 as Fed slashes rates
Bank of Japan rate cut speculation jumps as recession deepens

Wednesday, December 10, 2008
Dow closes up 70 amid auto rescue uncertainty
House approves $14 billion automaker bailout, sends it to Senate
Obama to name Nobel Laureate Chu as Energy Secretary
Gold slips after biggest daily gain in three weeks
Eight really scary predictions

Tuesday, December 9, 2008
Dow closes off 243 points on economic fears
Automaker bailout stalled over state lawsuits, viability
Treasury bills trade at negative rates as haven demand surges
World oil demand to fall for first time in decades
Illinois governor arrested for alleged corruption crime spree

Monday, December 8, 2008
Dow closes up 299 on Obama bounce, automaker hopes

Congress, White House near agreement on auto accord
Foreclosure relief unlikely until Obama in office
Oil rebounds from four-year lows to above $43
Economists ratcheting up job loss estimates

Friday, December 5, 2008
Dow closes up 259 points as traders shrug off terrible jobs report
Wall Street tumbles in early trading after dismal jobs report

Employers in U.S. cut 533,000 jobs; unemployment rate jumps to 6.7%
U.S. stock futures plummet as job cuts top economists' forecasts
Dodd, Frank warn Paulson Treasury may not get next $350 billion of TARP funds
Auto bailout could be tied to government-run overhaul

Thursday, December 4, 2008
Dow closes down 215 points ahead of job report
Wall Street fluctuates in early trading in face of more bad news
European Central Bank delivers biggest rate cut in its history
U.S. stock futures fall as Merck drops on profit forecast

Automakers back to sell Congress on rescue
General Motors and Chrysler may accept pre-arranged bankruptcy in order to receive bailout
Treasury mulls plan to lower mortgage rate to 4.5%
Paulson may ask Congress for balance of bailout fund
Obama keeps his distance from Treasury regarding TARP
Oil hits near four-year low on weak economic news

Jobless claims take drop, but remain high
Geithner may seek to push Bair out after clashes during crisis
Retailers see sales drop in dreary November
U.S. combat deaths hit low

Israel preparing options for attack on Iran
Has Iran ever actually threatened to attack Israel? Actually, no
Does it make sense to pay a CEO $1 a year?

Wednesday, December 3, 2008
Dow closes up 173 points, capping a volatile session
Fed's Beige Book says economy declined across U.S. since mid-October
Wall Street retreats in early trading on more signs of weak economy
European stocks and U.S. futures fall; Infineon, ASML drop
Pimco's Gross: 30-year mortgage rate may fall to 4.5%
UAW willing to renegotiate contract terms, suspend job bank
Oil prices waver on skimpy crude inventory report
Treasuries: The new bubble?
Economist: Unemployment rate could hit 8.5-9.0% during downturn

Productivity in U.S. rose more than expected in third quarter
November layoffs hit highest levels in seven years
Mortgage applications surge by record amount
Plunge in mortgage rates will not end housing slump
Gold eases on firm dollar ahead of data, rate cuts
Oil up above $47 ahead of U.S. inventory report
Retail tracker slashes holiday sales forecast
Cramer: This is not a new Great Depression
How long will the recession last?
FDIC Chief: Intervene on foreclosures
Factory closures, layoffs stir unrest in China

Obama faces delicate task with CIA

James Jones urges broad approach in Afghanistan
Who is James Jones?
Recession-plagued nation demands new bubble to invest in
American Airlines now charging fees to non-passengers

Tuesday, December 2, 2008
Dow closes up 270 points despite dismal auto picture
Big Three financial bailout plan rises to $34 billion

GM, Ford, Honda and Toyota report U.S. sales tumbled in November more than 30%
Wall Street jumps higher in early trading
UAW will hold emergency meeting to discuss concessions
Ford to aggressively restructure and seeks $9 billion in bridge financing
Schwarzenegger declares fiscal emergency

Stock futures point to higher opening after massive sell-off
European markets higher on expected Wall Street bounce
Oil falls to three-year low on bleak economic news
Long bond returns at highest level since 1995; Rosenberg sees a bubble
India demands that Pakistan hand over fugitives

Cash is replacing gold as a safe haven for investors
Gold extends losses on firmer dollar and weak oil
Home sellers suffer amid wave of foreclosures

Monday, December 1, 2008
Dow closes down 680 points on economic worries
The recession is officially here
Obama names Clinton as Secretary of State

U.S. stocks plunge in early trading for first time in six days
U.S. stock futures retreat; General Electric, Lockheed, CononcoPhillips fall
Industry shrinks from Asia to European Union as crisis enters its 17th month
China's currency falls by record against U.S. dollar
Precious metals slide sharply
Oil falls more than $3 per barrel as OPEC defers decision until December 17th
U.S. Treasury yields drop to record lows on recession concerns

Asian stocks decline overnight on signs global recession is deepening
Holiday shopping season off to modest start

Credit card industry may cut $2 trillion in lines over next 18 months

OPEC to delay production decision until December
Saudi Arabia: Fair price for oil is $75 per barrel
General Motors' board reviews plan to restructure auto maker
Coming up: A huge pension bailout?
Indian security chief resigns as India raises security level to war status
Indian police blame Pakistani group
Indian commandos comb Taj Mahal after militants kill 195

Iran Press TV: U.S. is studying Iranian air defense systems
Iran Press TV: Israel drums of war beat down on Obama
Bailouts: $7 trillion and rising
ShopperTrak says Black Friday sales rose 3%
Black Friday, a respite
A real bailout for auto makers
Hu Jintao says China's competitive edge blunted by economic crisis
Crescenzi: What to look for on the Fed balance sheet

A mind is a terrible thing to waste

Who is Barack Obama? - Apparently this is still necessary

Grammy award winner Gladys Knight will improve the feeling of any day: "The Way We Were" and "You Are The Best Thing" and "Neither One Of Us" and "Midnight Train To Georgia" and "Superwoman"

Obama has many difficult choices ahead, but he's up to the job

Friday, November 28, 2008
Dow closes up 102 for fifth straight gain
Stocks narrowly mixed in mid-session trading after streak of gains
European stocks and U.S. futures drop; Asian stocks advance
European inflation rate drops the most in two decades

Retailers open early and discount inventory for U.S. Black Friday
Company bonds give investors best yields since 2003
Russian ruble falls most in five years as central bank scales back defense of the currency
The Wall Street Journal: Iraq approves SOFA
Oil falls below $54 ahead of OPEC meeting
Gold little changed as traders eye OPEC meeting

Japan's industrial production nosedives on global crisis
Indian commandos free 200 in Mumbai after counterattacks
Fed's consumer bailout encourages more bad behavior

Fortunately, Obama Girl is here to completely explain the tax code!

Thursday, November 27, 2008
Stocks in Europe, Asia and Canada have closing gains; Brazil's index declines
World markets advance overnight following Wall Street rally
Asian stocks advance overnight on China rate cut, paced by BHP: India suspends trade

India's Singh points finger at neighbor as violence continues
India halts trading in stocks, rupee, bonds in wake of Mumbai attacks
Death toll rises in Mumbai violence
Sophisticated attacks, but Al Qaeda link is disputed
Indian economy will struggle in post-attack period

Dollar falls on recession fears and rate cut speculation
Gold steady as weaker dollar balances falling oil
Oil retreats on economic concerns
Yield on 10-year Treasury falls to historic low below 3%
Black Friday: It has to be big, and bold
Fannie Mae plans reverse stock split
Mortgage meltdown far from over, as new mortgage crisis looms
How will Bernanke fit into Obama's economic plans
Fed backs Bank of America purchase of Merrill
Fred Kaplan: Keeping Robert Gates at DOD is a great idea
Iraqi Parliament approves SOFA

U.S. suspends Bolivian trade deal over drug war

Natalie Cole shares her lovely voice: "Unforgettable" and "Inseparable"

Wednesday, November 26, 2008
Dow closes up 247 points despite gloomy economic news
Obama continues to define remedy for the economy
U.S. stocks retreat in early trading as data signals deepening recession
U.S. durable goods orders fall twice as much as forecast
Fed deploys $800 billion of quantitative easing in mortgage and consumer debt markets
Bonds soar further after dismal economic data

October new home sales and inventories fall
University of Michigan: Consumer sentiment falls to 28-year low

U.S. mortgage rates drop the most in seven years because of Fed plan

Deadly violence rocks Mumbai, Westerners held
Aljazeera: Scores killed in Mumbai attack
TimesOnline: Intelligence chiefs were expecting a spectacular attack
Feds warn of terror plot against New York City subways
China announces biggest rate cut in 11 years
Consumer spending in U.S. probably dropped by most in seven years
Dividend cuts the fastest at any time since 1950s

Tuesday, November 25, 2008
Dow closes up 36 points in a show of stability
European stocks rise for second day, led by banks; U.S. index futures decline
Nowotny: ECB should keep interest rate firepower, be cautious
Treasury, Fed expected to unveil plan on consumer financing
OECD warns of worst recession since early 1980s
Citigroup bailout charts new course for U.S. government rescues
BHP Billiton abandons bid for Rio Tinto
Gold dips 2% as dollar firms and oil weakens
China's economy slows and Germany's economy shrinks

Obama promotes fiscal restraint, big spending
Obama urges quick action on economic stimulus
Wall Street: Obama, Bush need to take acton now
Be wary of high-yielding CDs offered by non-bank firms

GM: Death of an American dream
Detroit must look towards 2010
Detroit's comeback cars

Let Alicia Keys help to keep your day bright: "No One" and "If I Ain't Got You" and "You Don't Know My Name"

Monday, November 24, 2008
Dow soars 397 points at close on Citigroup rescue plan
Wall Street leaps in midday trading after Citigroup rescue

Obama unveils economic course and his team
U.S. October home resales fall; price drop is a record

U.S. agrees to rescue struggling Citigroup
European stocks, U.S. index futures rally on Citigroup news
Crude oil rises above $51 a barrel as European stocks rally
Treasury traders paid to borrow as Fed examines repos

Obama pledges two-year economic stimulus plan
Obama's troika may push for deeper role in economy, markets
Who is Timothy Geithner?
Who is Lawrence Summers?
Who is Christina Romer?
Who is Melody Barnes?
Gold hits five-week high amid financial crisis
Bank of Israel cuts key rate for fourth time in seven weeks
Can we solve the subprime mess by going after lawbreaking lenders?
Regulators shut down three banks, including Downey Savings

Have past financial crises taught us anything?

Defining terms: What is a recession? What is a depression?
Don't get depressed, it's not 1929
Soros: More money needed for U.S. bailout
Iraqi parliament plans November 26th vote on SOFA
Retired Russian general discusses U.S. war in Afghanistan
Press TV: Iran continues to focus on possible attack by Israel
Understanding Muslim culture: How to read the Quran
The Sara Palin turkey massacre: This is one thing that happens when a C student surrounds herself with other C students - poorly arranged interviews

The late Luther Vandross sings: "A House Is Not A Home" and "So Amazing" and "If This World Were Mine" and "Never Too Much" and "Endless Love"

Friday, November 21, 2008
Dow closes up 494 points as Wall Street applauds Treasury pick
Obama makes key Cabinet picks

Stocks cling to gains in early trading after steep sell-off
U.S. stock futures point to substantially higher open
European, Asian markets rebound despite U.S. plunge yesterday
Bank of Japan holds rates unchanged
Money market-interbank rates inch lower, spreads still strained
Singapore falls into recession, cuts 2009 outlook
Bush signs bill extending jobless benefits
Gold climbs 2% on weaker dollar, stronger oil

Citigroup may seek merger as stock plunges further

Falling prices raise worries about deflation
J.P. Morgan: Fed will cut funds rate to zero by February, 2009
Marc Faber: A strong rebound is coming within three months
Hugh Hendry: All U.S. financial institutions will be nationalized within one year

Protests in Baghdad over SOFA
Rush Limbaugh: The Obama voter is one of the most ignorant sets of voters that we have ever seen

Thursday, November 20, 2008
Dow closes off 445; S&P hits 11 year low
U.S. stocks plunge in early trading on negative jobless news
Global stocks, U.S. stock index futures fall; yen, Treasuries rally
Treasury yields drop to record lows as recession fears rise
Detroit automakers rescue plan stalls in Senate

U.S. initial jobless claims rises to 542,000 last week, reaching the highest levels in decades
Pensions pullback mulled by Congress
Swiss central bank cuts key rate by record 100 basis points
Brent crude oil falls below $50 for first time since 2005, as demand slumps
Is this the time to raise the gas tax?
Obama team warned HUD needs work
Mitt Romney: Let Detroit automakers go bankrupt
What you will save if you quit smoking cigarettes
Russian and Georgian propaganda regarding their war
U.S. troops in Baghdad take softer approach
Somali pirates demand $25 million ransom for supertanker
Iran said to have enough nuclear fuel for one weapon

Teena Marie has one of the most beautiful voices in the recording industry: "Deja Vu - I've Been Here Before" and "If I Were A Bell" and "Casanova Brown" and "Fire and Desire" and "Ooo La La La

Wednesday, November 19, 2008
Dow plunges 427, hits five-year low
FOMC October minutes speak to bleak outlook
Stocks tumble in midday trading on automaker woes

Major auto execs return to Capitol Hill seeking aid
Consumer prices drop record 1.0% in October - largest amount in 61 years and the first drop in quarterly prices in more than a quarter- century
Text of FOMC meeting minutes for October 28-29, 2008
Junk bond yields reach record of 20% as economy declines
Housing prices, permits at record lows

Gold futures up 3%, breaking slump as dollar falls
Stock futures point to lower opening after dour economic news
Oil prices fall below $54 a barrel, down more than 60% in four months
Vince Farrell: Take the subprime losses and move on
HUD expands mortgage modification program
Paul Farrell: Thirty reasons for Great Depression 2 by 2011
What's really killing Detroit
Al-Qaida No.2 Ayman al-Zawahri insults Obama in new audio message

Israeli air force chief states Israel is ready to attack Iran
Iranian Press TV: Israeli threat is real

Missile strike deep inside Pakistan
Former Obama opponent sues claiming Obama is not a natural-born U.S. citizen
Somali pirates strike again
Why aren't groceries getting cheaper?
Obamas work fitness into daily routine

Jennifer Hudson's road to stardom includes three stunning performances on American Idol: "Circle of Life" and "I Have Nothing" and "Weekend in New England"

Tuesday, November 18, 200
Dow closes up 151 in late-day surge
Auto execs ask Capitol Hill for $25 billion in aid
Obama vows quick action on global warming

Wall Street fluctuates in early trading amid weak economic data
Paulson, Bernanke and Bair defend $700 billion bailout on Capitol Hill

U.S. producer prices plunge 2.8%, the most on record
Hewlett-Packard profit tops estimates; shares advance
TARP: A rescue plan or an amorphous scramble?
Asian stocks drop for second day as job cuts mount; HSBC falls

Dollar rises on speculation that overseas investors are buying safest U.S. assets
Compilation of forecasts of U.S. producer prices

U.S. auto chiefs renew aid push with passage in doubt
Bad news: Detroit's collapse is inevitable
Detroit bailout: Seven key questions
Financial crisis tab already impressive: $4.28 trillion
CNBC commentators decry the Plunge Protection Team - a recurring financial markets conspiracy theory
China passes Japan as top holder of U.S. Treasuries
Murder at the Drum Tower: A look at contemporary China
Pirates anchor hijacked oil tanker off Somalia

Before Martha Reeves became a member of the Detroit City Council, she sang one of Motown's best songs ever: "My Baby Loves Me"

Monday, November 17, 2008
Dow closes off 224 as economic worries grow
U.S. stocks open lower on economic woes
U.S. industrial output rises on post-hurricane bounce

Global stocks fall on recession concerns; U.S. stock futures plunge
G-20 calls for action on growth, overhaul of financial rules
Auto bailout backers offer to cut $25 billion size
NABE forecast: Unemployment will peak at 7.5%
FDIC may alter guarantee plan after banks complain
Gold slips as confidence crumbles
Citigroup plans to reduce workforce by 50,000 jobs

General Motors collapse would cost taxpayers $200 billion, which is more than rescue
General Motors may run out of money before Obama Adinistration arrives
110 banks have asked for $170 billion under bailout plan
Gold rebounds but trading rangebound ahead of G-20 meeting

Rangel plans cut of top corporate tax rate to 28%
Republicans debate roadmap back to power
Iraq cabinet approves SOFA
A conservative's analysis of whether the U.S. is still center-right
An analysis regarding the use of aerial drones in Pakistan
China keeps close eye on its banking system
Obama says he will do whatever it takes on the economy
Obama is warned of huge threat from al-Qaeda
The subprime good guys - the way things should have been
Iranian official labels Afghanistan a spectacular failure
Got a little extra cash? Soak some up, buy a little residential property
Beyonce brightens the day: "Listen" and "Oye - en Espanol" and "Irremplazable - en Espanol" and "Irreplaceable" and "Beautiful Liar" with Shakira

Friday, November 14, 2008
A nervous market closes down 338 on Dow
Gold rebounds sharply ahead of G-20 meeting
Rangel proposes cutting top corporate tax rate to 28%
U.S. consumer sentiment index stays near 28-year low
Stocks open lower as investors refocus on economy
U.S. 10-year Treasury note price leaps one point after retail sales report
Retail sales take record drop; import prices tumble
U.S. stock futures down on doubts over rally
U.S. consumers teetering on $14 trillion in debt
Freddie Mac posts record loss, asks Treasury for $13.8 billion
World leaders to meet in Washington on financial calamities
Oil slips below $58 despite stock market rally
Who benefits from the new Fannie-Freddie plan?
Wilbur Ross says bankruptcy of General Motors would be a mess
Auto bailout prospects in jeopardy as top Republicans oppose move

When was the last time that Iran (formerly called Persia) attacked one of its neighbors? Answer: Persia's 1826 attack on Russia. What society banned slavery forever in 500 BC? Answer: Persia

The Obama's life with the Secret Service
Dismantling Guantanamo - easier said than done
In defense of Detroit

Thursday, November 13, 2008
Dow closes up 553 as stocks storm back from lows
Wall Street fluctuates in early trading
Jobless claims surge past 500,000, a seven-year high
German economy officially enters recession
Libor for dollars climbs, snapping 23-day trend in three-month rate
Wal-Mart's third quarter profit rises 10%
China's industrial output growth lowest in seven years
Oil falls below $56 on grim world economic outlook
Foreclosure rates up 25% year-to-year
U.S. shifts focus of credit bailout to the consumer
OECD says developed world is in recession
A world of advice on foreign policy for Obama
Obama's energy fixes run up against economy
Obama pushes for $50 billion auto bailout, oversight czar
General Motors' troubles raises debate between bankruptcy vs. bailout
Up to 12 die in U.S. attack in Pakistan
Aljazeera interviews Louis Farrakhan regarding Obama's victory

Eric Hovde: Calling out the culprits who caused the crisis

Latoya London should be a mega-superstar: "Somewhere" and "Someone Saved My Life Tonight" and "All By Myself" and "Don't Rain On My Parade" and "Ooh, Baby, Baby"

Miriam Makeba, dies in Italy: "Pata Pata"

Wednesday, November 12, 2008
Dow plunges, down 411 points at close
Paulson changes course on bailout plan, will not buy troubled assets

Stocks open lower on economic concerns
U.S. stock futures point to lower open
Bank of England signals more rate cuts as economy shrinks
Russia may have to tap reserves fund in crisis
Bloomberg survey shows global sentiment near rock bottom
Pelosi's auto-rescue plan sets up clash with Bush
Holiday sales to fall; first decrease in 23 years
Analyst: California faces $28 billion deficit
Guantanamo closure called Obama priority
Forget the Electoral College: Obama/McCain dance off!

Tuesday, November 11, 2008
Dow closes off 177 despite mortgage aid plan
Banks, feds offer new mortgage aid
Oil hovers near $59 on global growth pessimism

Worries about housing and consumers sends stocks lower in early trading
AIG, Fannie struggling after Fed takeover
Stocks fall overnight in Europe and Asia; U.S. stock futures down
Gold dips as commodities turn negative
American Express wins Fed approval to become a bank
David Herro: Now is the time to buy value
Playing the bailout: Bonds may benefit over stocks
Sparring starts as GOP ponders its future
Georgia congressman has lost his mind; says Obama wants to be a Marxist dictator
Obama's victory did not magically eliminate America's problems
Press TV: Bin Laden plotting new attack on U.S.
Has Iran ever actually threatened to attack Israel? Actually, no
Obama Girl stars as Sarah Palin

Monday, November 10, 2008
Dow closes down 73, hit by General Motors and Goldman Sachs worries
Obama asks Bush to provide aid to automakers

U.S. stocks retreat in midday trading as earnings concerns overshadow China's stimulus
China unveils $585 billion stimulus plan as growth slows
AIG gets expanded bailout, posts $24.5 billion loss
Gold rises 4% as dollar weakens and commodities rally
Circuit City files for bankruptcy
General Motors' shares hit 60-year low on cash burn worries
Oil falls on recession concerns outweighing China's stimulus
The answers to five dumb questions about the housing crisis
Citibank to modify $20 billion in home loans
What Obama's health care plan means for you
Who is Rahm Emanuel?
Why did the rich vote for Obama?
Grand Ayatollah Ali Sistani will comment on SOFA in near future

Friday, November 7, 2008
Dow finishes up 248, despite terrible news on jobs and auto industry

Friday, November 7, 2008
Dow finishes up 248, despite terrible news on jobs and auto industry

Thursday, November 6, 2008
Dow continues to plunge, closes down 443 on economic worries

Wednesday, November 5, 2008
Dow closes down 486 because of job worries
U.S. stocks tumble 300 Dow points in midday trading due to economic concerns
Gold slips as dollar firms after Obama victory
U.S. mortgage applications slump to eight-year low
ADP report: 157,000 jobs lost in October
Obama says his choice as first African-American president augurs change
Obama sealed victory by taking biggest risks and making fewest errors
Obama must get running start with financial crisis and wars
Obama's business brain trust
Democrats bolster their House majority, but by less than expected
Compilation of House and Senate races
Your money: Obama on 20 key issues
Who will be the next Treasury Secretary?
Jack Welch: Obama win is a spectacular management lesson for the ages
Covering the media coverage of Election Night
Five economic challenges ahead for Obama
Wilbur Ross: Obama's first move should be to save auto industry
European stocks and U.S. stock index futures fall; Time Warner declines
Europe's markets take profits on Obama win
Libor's biggest drop fails to match Fed or spur loans
Oil slides below $68 on falling demand worries
What Obama stands for on the economy
The Obama portfolio: Dirt cheap agriculture and infrastructure are best positioned
Can't calm down? Try four of the greatest love songs of all time:
"Magic Man" and "My Girl" and "Deja Vu - I've Been Here Before" and "Just My Imagination"

Tuesday, November 4, 2008

Barack Obama elected 44th President
Obama elected President as racial barrier falls
Obama makes history
Obama urged to help create new economic order
Text of Obama victory speech
The Root: In our lifetime
Night of drama in Senate races
Why the market rallied even before the vote was over
Asian stocks advance as Obama wins presidency; Treasuries fall
How stock sectors may fare in an Obama administration
Dollar gains against the euro on speculation that victory will speed recovery
Obama to inherit a feeble economy awash in red ink
Which Barack Obama will govern?
John McCain concedes with style and grace
McCain's last mistake
Dow closes up 305 prior to close of polls
Martin Luther King, Jr.: "I Have A Dream"
Whitney Houston: "The Star Spangled Banner"

Monday, November 3, 2008
Stocks rise in early trading ahead of release of economic data
U.S. stock futures indicate mixed open ahead of economic data
Dollar Libor falls to lowest rate since Lehman failure
Societe Generale profit falls 87% on losses from Lehman
Asian stocks gain on rate cuts, South Korea spending; ICICI Bank advances
Commerzbank to tap Germa n rescue fund after asset writedowns trigger loss
Templeton, Sydbank see rupee, rupiah and won bottoming
GM-Chrysler merger talks said set to intensify after election
Treasury says no to GM Chrysler aid
Jeffrey Lacker: Fed rate must not be long for too long
Chinese officials urge domestic demand boost
Stocks likely to recover no matter which candidate is elected
CEOs, famous investors hit hard in market plunge
Congo rebels threaten to topple government unless talks proceed
Dialing back on your 401(k)
Are tax credits welfare/
Is buy-and-hold dead and gone?
Craig Stephen: Nearly all of Hong Kong's eggs are in real estate and financials
Alvin Poussaint: Win or lose, how will we cope?
Electoral college and poll summary
Overseas interest soaring regarding U.S. presidential election
Loyalist see Bush as a good man who has received a bad rap
Onslaught of dirty tricks as Election Day nears
Election deception: The Web's 12 dirtiest tricks
Still feeling stressed? Let Regine Velasquez, Sarah Geronimo, Sheryn Regis and Kyla divert your mind away from financial and election jitters: "And I Am Telling You I'm Not Going"
Marvin Gaye: "The Star Spangled Banner" and "What's Going On/What's Happening Brother" and "Mercy, Mercy Me" and "I Want You"
Donny Hathaway: "Someday We'll All Be Free" and "A Song For Donny"

Sunday, November 2, 2008
U.S. economy preview: Jobs lost in October, factories shrank
October, 2008: A month for the financial world's history books
Sears, Home Depot may lose 8% of holiday sales due to credit crisis
Will this be the worst Christmas season in two decades?
Machinist union ratifies pact with Boeing
Gas falls to $2.46 per gallon
JPMorgan Chase to halt foreclosures, instead will redo mortgages
Coming soon: Congress is back with Stimulus 2.0
Goldman Sachs may be set to post first quarterly loss
Bank of Japan may be heading back to zero interest-rate world
Gordon Brown asks Persian Gulf sovereign wealth funds to invest in United Kingdom
Report: Saddam Hussein's body was mutilated after his execution
Persian Gulf shares rise on rate optimism; Emaar, Sorouh gain
Election 2008: A comprehensive collection of information on the final days
How the economy stole the election
McCain hopes for a Truman style upset
Justice Department deploys 800 voting monitors to 23 states
Obama campaigns in Republican states as November 4th draws near
Obama's aunt-story leak raises questions
Palin punk'd by prank call from fake Nicolas Sarkozy
Jennifer Hudson: "The Star Spangled Banner"
Do you need a diversion from pre-election stress? Here she is: Lani Misalucha, Asia's nightingale, with "The Ultimate Whitney Houston Medley"

Saturday, November 1, 2008

I hereby endorse Barack Obama to be the next President of the United States.

There are many substantive reasons for my endorsement involving his character, as well as economic and social policies. For an excellent, in-depth analysis of his economic policies, I recommend “Obamanomics”, a 200-page book by the well-respected author John R. Talbott.

However, a single pressing reason for my endorsement of Senator Obama has to do specifically with Senator John McCain.

It disturbs me greatly that John McCain attempted to kill himself while a POW in August, 1968. It is widely held in the psychiatric community that a suicide attempt, by a person raised in Western culture, is a near certain indicator of significant and extreme psychiatric disorder, irrespective of whatever environmental factors may have played a role in the person’s decision to kill himself.

Below is a link to an account of his suicide attempt:

The account set forth in the linked news article was based on an interview given by Senator McCain years ago – prior to the point in time when McCain became aware of the negative implications regarding his mental health revealed by his suicide attempt. This incident was covered in depth in a book entitled "The Nightingale's Song", by Robert Timberg, on page 136 of the paperback version.

The McCain campaign has succeeded in reaching this point, so near to the election, without the issue of his mental fitness being discussed in the media. I suspect that 99% of the American electorate is totally unaware of the overwhelming probability that McCain suffers from a latent mental disorder that drove him to attempt suicide when placed under stress in 1968. Instead, we hear hours of reporting on such things as the number of homes owned by the McCains, what Obama meant about putting lipstick on a pig and lengthy discussions regarding the cost and financing of Sarah Palin's campaign wardrobe.

I encourage you to end the media black-out of this crucial issue. If John McCain suffers from a latent mental disorder, then he is unfit for the Presidency. It is the responsibility of the media to present this issue to the American public in a thorough and responsible manner. I suspect that most laymen are unaware of the psychiatric implications of a suicide attempt; as well as the fact that a suicide attempt is far, far more serious and rare than mere thoughts of committing suicide.

The future of our country is at stake.

Walter Lewis

India unexpectedly lowers interest rates to spur growth
U.S. two-year notes gain most since February on slowdown and Fed action
ECB may be next to lower interest rates
Next week: Big election, economic direction
Chinese manufacturing contracts as world crisis trims exports
Florida's Freedom Bank is 17th bank to close in U.S. this year
Spector of deflation lurks as global demand drops
Evidence of a recession piles higher with new data
Murdoch says an Obama win could worsen the financial crisis
Erica Jong: An Obama win will spark a second Civil War. Get serious
Wole Syinka: The future of Africa
Obama holds six point average lead in national polls
Beyonce: "The Star Spangled Banner"
Marvin Sapp and K.L. Weathers: "Never Would Have Made It"
4brothersent: "At Last"

Friday, October 31, 2008
Dow closes up 144, as a wild and painful October ends
U.S. stocks open lower following week's big gains
World markets wane on recession fears
U.S. consumer spending fell 0.3% in September, capping worst quarter in three decades
Gold ends day down; monthly fall worst in 25 years
Mood of consumers posts record decline in October
More bad news on tap for Detroit
Argentina's credit rating cut by S&P amid default concerns
China backs Iran SCO membership
Commodities head for worst month in 52 years as economies slow
Oil is set for record monthly decline because of falling demand
Who's to blame for credit crisis?
Jubak: What's scary about this recession
JPMorgan Chase expanding mortgage-modification program
Broke the buck money-market fund returns first $26 billion to investors
Decoding Election Day, state by state
Compilation of newspaper endorsements of McCain and Obama
Obama, McCain and your money: Comparison on key economic issues
Obama's Pennsylvania offensive
Obama by 11 points? McCain gaining? Poll methods yield wild swings
Al-Jazeera: U.S. candidates target key states
Newsweek: McCain rising?
Evans-Novak predictions regarding upcoming election
McCain set to end campaign with worst disadvantage in the modern era
Obama Girl: "I Got A Crush ... On Obama"

Thursday, October 30, 2008
Dow closes up 190 despite slumping economy
Bank of Japan cuts key rate to 0.3%; Shirakawa casts deciding vote
Yen rises after Bank of Japan lowers interest rate less than expected
ExxonMobil breaks U.S. profit record: $14.8 billion
ExxonMobil: The world's 18th largest economy
Banks borrow record $112 billion from the Fed
Oil falls below $65 on U.S. contraction
Treasuries rise as traders predict a December rate cut by Fed
Gold falls from one-week high on weak oil and demand fears
South Korean won falls as confidence and production drop
Mortgage plan may aid some and irk others
More U.S. homeowners have mortgages that exceed the value of their home
Three reasons why stocks are so volatile
Nevada, Michigan and Florida lead underwater mortgages list
San Diego's economic outlook continues slide
U.S. economy and spending fall, signaling a recession
Obama predicts significant recession
Beaten down, American consumers burrow deeper
The McCain campaign seems unusually upbeat: Are they delusional?

Wednesday, October 29, 2008
Fed lowers fed funds rate to an historic 1.0%
September U.S. durable goods orders rise, but fall ex-transports
China cuts interest rates for third time in two months
Full video of Obama 30-minute, multi-network presentation to Nation

Tuesday, October 28, 2008
Dow closes up an historic 889 points
U.S. stocks hold early trading gains as consumer confidence falls
Stock futures point higher as global shares jump
Fed weighs another rate reduction to limit fallout
U.S. home prices fall 16.6% in 20 cities in August
Iceland central bank raises key interest rate to 18%
Libor falls as central bank cash injections ease credit freeze
Full - not excerpted - audio of Obama appearances on WBEZ
Right wingers attack Obama, claiming he is a socialist

Monday, October 27, 2008
Dow closes down 203 as energy and GM slam market
Stocks fluctuate in early trading as investors weigh economy
September new home sales rise 2.7%
World markets slump as Nikkei hits 26-year low
Oil falls below $62 as investors eye weak demand
Treasury begins to deploy rescue funds to banks
With wreckage piling up, Fed eyes another rate cut
Trichet says ECB may cut rates again next week
Obama, McCain focus on Ohio, Pennsylvania as election nears
Video of Obama Closing Argument in Canton, Ohio

Wednesday, October 22, 2008
Dow falls 514 as global worries grow
Dow plunges in early trading on earning woes
World stocks sag as earnings fears grow
Oil falls sharply on big jumps in U.S. oil, gasoline supplies
Argentine stocks, bonds fall as takeover fuels default concerns
Roubini: Recession will last at least two years
Under water mortgages are a growing threat
Advice from six Nobel laureates on fixing the economy
McCain v. Obama: What's real regarding health care proposals?

Tuesday, October 21, 2008
Dow closes down 232
Fed to buy commercial paper from mutual funds
Gold slips nearly 4% as dollar strengthens
Are McCain and Palin George Wallace's heirs?

Monday, October 20, 2008
Dow soars 413 points on stimulus hopes
Wall Street higher in early trading on hopes of credit recovery
Libor falls on government bailouts, emergency central bank cash
Leading indicators rise in September
Bernanke backs more stimulus, citing weak outlook

Friday, October 17, 2008
Dow closes down 127 points
U.S. stocks open lower after housing data
Single family home sales fall to 26-year low
Dollar Libor logs first weekly drop since July on cash infusion
Oil rises on expectation recession fears are overblown
Warren Buffett says now is the right time to buy U.S. equities
Iraqi, U.S. negotiators agree on timelines for troop withdrawal
Analysis of ACORN controversy
Ohio Democrats win Supreme Court ruling regarding voter registration

Thursday, October 16, 2008
Dow closes up 401 points; oil drops below $70
Inflation in U.S. wanes; consumer prices unchanged
Joe the Plumber and Obama's tax plan

Wednesday, October 15, 2008
Dow closes down 733 as fear drives stocks lower
Dow plunges below 9,000 in early trading as retail sales disappoint
Retail sales plunge 1.2% in September
Oil falls to thirteen-month low on economic weakness
Global confidence plunged on concerns about recession
Dollar mixed in tentative market

Tuesday, October 14, 2008
Dow closes down 77 on recession fears
U.S. stocks fluctuate in early trading
U.S. details revised rescue plan to unfreeze credit markets
Paulson anticipates buying stakes in thousands of U.S. banks
Libor for dollars, euros fall on bank rescue plans
Icelandic stocks plunge 77% after three day halt
Marc Faber: U.S. bailout plan will probably fail
Johnson & Johnson beats estimates for third quarter
McCain, Obama promoting populist appeals on rescue
McCain: Buy mortgages

Monday, October 13, 2008
Dow soars 936 in historic closing rally
Wall Street soars in early trading as governments pledge bank aid
World stocks rally strongly
Bush says U.S., other governments working to stabilize markets
Libor dollar rates drop after governments step up bank rescues
Oil near $82, Goldman cuts price forecast
Gold tumbles 3% as equity markets recover
Princeton's Paul Krugman wins Nobel Prize in economics

Friday, October 10, 2008
Dow closes down 128 to end worst week ever
G-7 commit to all necessary steps to stem meltdown
Paulson indicates need to purchase bank equity in near future
General Motors in preliminary talks with Chrysler
North Korea to be removed from terror list

Thursday, October 9, 2008
Dow plunges 679, closes below 8,600
U.S. stocks advance in early trading as IBM beats estimates
Libor dollar rate jumps to highest in year, credit still frozen
Paulson signals Treasury may invest capital in banks
Traders look for direction on oil
Gold futures fall as traders take gains
Jobless claims drop from seven-year high
AIG to receive $37.8 billion more in Fed loans
Is California too big to fail?
Is the European credit crisis the fault of the U.S.?
Subprime suspects: Are poor minority homeowners to blame?
Three Asian central banks cut interest rates
Iceland suspends stock trading, creates new bank

Wednesday, October 8, 2008
Dow closes off 189 as late selling guts a rally
The Fed, ECB and central banks cut rates in coordinated move
U.S. shares fall in early trading on recession concerns
Overnight commercial paper costs rise, bill yield falls on rate cut
Oil down after surprise jump in U.S. crude supplies
Gold jumps nearly 4% as central banks cut rates
IMF: World economy to slow sharply, led by U.S.
Pending home sales up 7.4% in August

Tuesday, October 7, 2008
Dow closes down 508 as panic sets in on Wall Street
U.S. stocks retreat in early trading after Bank of America slashes payout
Retirement account losses near $2 trillion
Fed to purchase U.S. commercial paper to ease credit crunch
Overnight commercial paper yields fall, seven day rates jump
RBS, British banks in discussions on funding plan
Australia cuts benchmark interest rate
McCain calls for federal bailout of homeowners during debate

Monday, October 6, 2008
Dow closes down 370 points
Dow plunges below 10,000 in early trading
Global stocks retreat, led by banks, as credit crisis widens
Deflation threat returns as asset markets decline
Oil falls as financial turmoil spreads
Gold bounces up as flight to safety balances dollar
Emerging markets stocks head for worst drop in two decades
Money market rates climb as banks hoard cash

Friday, October 3, 2008
Bush signs $700 billion bank rescue
Dow closes down 157
U.S. payrolls fall more than estimated; jobless rate at 6.1%
U.S. stocks rise in early trading on bailout and rate speculation
Wells Fargo agrees to buy Wachovia for $15.1 billion
House begins debate on rescue plan; vote later today
Biden, Palin debate analyzed

Thursday, October 2, 2008
Dow closes down 348 on economic worries
U.S. stocks drop in early trading on economic data, rising rates
Libor soars, commercial paper slumps as credit freeze worsens
Oil falls 4% on economic, demand concerns
Jobless claims at seven-year high
Factory orders drop by 4% in August
Trichet says ECB discussed rate cut as growth slows
Precious metals tumble as dollar firms
Greenspan says markets will recover as investors return
House Republicans reconsider position on bailout plan
Obama warns of more job losses if rescue plan rejected

Wednesday, October 1, 2008
Senate approves its own bank bailout package
Dow closes off 20 before Senate vote
U.S. manufacturing contracts most since 2001 recession
Senate votes on bailout tonight, boost to FDIC insurance
Credit markets tight as Senate vote looms
Oil down on stronger crude and gasoline supplies
U.S. financial crisis is spreading to Europe

Tuesday, September 30, 2008
Dow closes up 485
U.S. gambles blamed for world's financial crisis
U.S. stocks rally at open on speculation rescue bill will pass
Libor rises most on record after Congress rejects bailout
Home prices in 20 U.S. cities declined 16.3% in July
Candidates, Bush urge reviving financial bailout
Oil rises above $98 after dive on financial turmoil

Monday, September 29, 2008
Dow plunges historic 778 as bailout bill fails
Asian stocks plunge, yen gains as U.S. lawmakers block bailout
U.S. stocks plunge early in trading
Stocks tumble worldwide, government bonds rise on bank concerns
Sold to U.S. taxpayers for $700 billion: Banks' bad assets
Citigroup agrees to buy Wachovia banking business
House begins debate on $700 billion financial rescue
Bush confident bailout bill will stabilize economy
VIX surges on fears of spreading credit crisis
Fed takes new steps to battle credit crisis
Oil plunges on slowdown fears
Consumer spending weakens as stimulus fades

Friday, September 26, 2008
Dow closes up 121 on bailout hopes
U.S. stocks open lower on bailout clash, WaMu failure
Bush scrambles to save $700 billion bailout plan
U.S. economic growth slower than initially estimated
Consumer confidence index rises to 70.3
Oil falls as bailout talks falter
Risk aversion boosts gold, platinum falls
WaMu becomes biggest bank failure in U.S. history
Marc Faber: $700 billion may not be enough
JPMorgan raises $10 billion in stock sale after acquiring WaMu
JPMorgan says California home prices face further drop
Libor stays near eight-month high as U.S. bailout talks stall
Guardian: Isreal asked U.S. for approval to bomb Iran
Bill Clinton's praise of McCain seen as undercutting Obama
Analyst: What is McCain trying to do?
Bank crisis overshadows defense in first debate

Thursday, September 25, 2008
Dow closes up 197 amid worries
Bailout talks break down
JPMorgan buys WaMu's deposits as thrift is seized
New home sales and factory orders fall in August
Gross: Banking system will need another $500 billion

Wednesday, September 24, 2008
U.S. stocks mixed in early trading
Congress pushes for changes to Paulson bailout plan
Warren Buffett investing $5 billion in Goldman Sachs
U.S. stock futures rise on Buffett's Goldman Sachs investment
Conservatives: "Take a breath" before passing bailout
Libor jumps as banks seek cash to shore up finances
Money market rates jump on rush for emergency central bank cash
AIG definitively agrees to two-year credit line from New York Fed
Uncle Sam : Stockholder
Oil advances on supply forecast,Texas terminal shutdown
Cramer: Five lies about the Paulson plan
Governor Schwarzenegger signs $145 billion California budget
Home resales in U.S. probably fell, matching year's average
Thousands losing jobs in housing crisis
Americans oppose bailouts, favor Obama to handle financial crisis
Mortgage applications fall 10.6%

Tuesday, September 23, 2008
Dow closes down 162 as tech rally fizzles
U.S. stocks fall in midday trading on bailout talks
Stocks rise early as investors track hearing on bailout
Oil prices fall early on profit-taking after huge rally
Bonds mixed as bailout details remain fuzzy
Gold softens as dollar firms, oil slips
What about the $300 billion homeowner bailout passed in July?
Home prices fell 5.3% in July
Sarkozy urges credit-crisis summit as world leaders blame U.S.
SEC's Cox: Credit swaps must be regulated now
Diana Olick: What housing needs is a true correction
Bailout plan will be a drag on fragile U.S. economy
Echoes of Iraq in Bush handling of mortgage crisis
Would reviving the RTC really stop Wall Street's bleeding?
What about my mortgage?
Another devil in the financial crisis
Paulson's bazooka may miss
Nice bailout. Now pay for it!
Iranian president blames Wall Street problems on U. S. military engagement
George Will: McCain loses his head
Is Obama another Dukakis?

Monday, September 22, 2008
Dow closes off 373, oil up 16%
Dollar falls as bailout plan erodes confidence in U.S. financial system
Oil makes biggest single-day price jump ever
Paulson plan may push U.S. debt to record levels
Gold strikes seven-week high on falling dollar
U.S. stocks fall in early trading, led by regional banks
Fed allows Morgan, Goldman switch to bank holding companies
China paper urges new currency order after financial tsunami
Administration rescue plan seeks $700 billion to buy bad mortgages
Oil over $107 early as traders mull U.S. bank bailout
Chicago Fed: Economic activity weakened in August
Gold climbs early on weaker dollar, financial outlook
Japan's MUFG to buy stake in Morgan Stanley
Interventions highlight Bush's shifting ideology
Europeans on left and right ridicule U.S. financial meltdown
Companies try to scramble aboard SEC lifeboat
Dollar may get crushed as traders weigh bailout
Hedge funds raise cash in rally, wait to gauge effects of bailout
Foreclosure rescue scams are flourishing
Bomb a warning to Pakistan: End U.S. alliance
Russia approves hike in defense spending
Venezuela to buy Chinese military aircraft
Ten astounding facts from last week on Wall Street
Are the economic statistics partially to blame?
Kellner: End of capitalism as we know it
Kudlow: Short-selling band is a terrible idea
Market historian: This week will be forgotten in a few years
Cramer: Secretary Paulson is right
Cramer: Sell, sell, sell
Economist see financial bailout as necessary
North Korea tells U.N. to remove seals on nuclear plant
China, Thai central banks signal Asia coping with U.S. crisis
South African president Mbeki agrees to step down
The week that broke Wall Street
Candidates call for oversight of rescue plan
Democrats may use gains in Congress to press new rules on market
AP-Yahoo poll: Racial misgivings of whites an Obama issue
Murdoch: Obama's economic policies are naive
In debates, McCain has either pleased or seethed
McCain transition head lobbied for Freddie Mac

Friday, September 19, 2008
Dow up 369 as dramatic week ends
U.S. stocks make biggest two-day rally since 1987
Treasuries plunge as U.S. government seeks solution to crisis
Paulson: Rescue to cost hundreds of billions
Paulson bailout plan is either worst approach or giant step
Barclays: Rescue plan may increase U.S. debt by $1 trillion
Video of Bush address from White House
Stocks still skyrocketing at midday
U.S. stocks soar 400 points at opening after government rescue plan
SEC halts short-selling in 799 financial stocks
Multiple quick fixes are in play
Oil back above $102
Treasury, Fed move to bolster money market funds
Gold tumbles most in 25 years on rescue plan
Legislators say California budget deal secured
What is quadruple witching day?
Stuffing cash in the mattress is a good way to lose sleep
Russia, China lead record emerging markets surge; bonds rally
Russia ratchets up tensions with arms sales to Iran and Venezuela
The Forbes 400 - America's richest people
Crisis poses on-the-fly tests for candidates
Attacking voter registration
McCain says Fed should stop government bailouts
Obama: Help Main Street as well as Wall Street
Obama supports U.S. economic recovery efforts
Obama makes gains in national polls
Sandra Bernhard creates a profane commotion

Thursday, September 18, 2008
Dow jumps 410 points on hope of bank rescue plan
Paulson, Bernanke seek support for an agency to buy bad debt
Short-selling crackdown extends to New York, London
U.S. stocks open higher after Wednesday's rout
Fed, ECB pump billions into money markets
Wu Xiaoling states that U.S. financial system and products are suspect
Gold tops $900 an ounce as anxiety persists
The next dominoes?
Dollar jumps, yen fades on liquidity boost
Gold extends gains overnight on safe-haven buying
Leading indicators in U.S. drop more than forecast in August
Oil prices return to $100 territory
VIX at 50: Options boil on volitility
Der Spiegel: The foundations of U.S. capitalism have shattered
Morgan Stanley is in talks with Chinese for fresh funds
Russian markets closed until Friday
China cracks down over milk scandal
Isreal's foreign minister wins in party election
SEC tightens rules on short sales
Lloyds to take over UK mortgage lender HBOS
How we got here: It's housing, stupid
Bold predictions: Dow 8,000, gold $1,500 plus
Where did the Fed get $85 billion?
Jobless claims rise due to Hurricane Gustav
San Diego home prices fall to five-year low, median $350,000
Obama invokes Rush Limbaugh in new Spanish-language ads
Limbaugh strikes back, saying Obama stoking racism
Paulson Doctrine will save economy -- for Obama
Does McCain or Obama get it?
House Republicans criticize U.S. bailout actions

Wednesday, September 17, 2008
Dow closes down 449 as fear sweeps Wall Street
Gold prices post biggest one-day gain ever
Dollar sinks as financial woes unnerve investors
Wall Street dealmaking intensifies as market tumbles
Fed takes over AIG and ousts management
Text of Fed statement on AIG loan
U.S. stocks tumble at opening on home starts, higher borrowing costs
Gold rallies 3% early as oil climbs and dollar stumbles
Russian emergency funding fails to halt stock slide
U.S. stock futures pre-open extend drop as home starts trail estimates
Fed eschews markets, picks winners and losers in AIG, Lehman
Some seek government agency to buy bad debt ala RTC
U.S. home starts come in lower than estimates
Pelosi orders wide Wall Street probe
IMF: Worst of banking crisis still ahead
El-Erian: AIG deal is not a huge help
Suze Orman: Thank God they bailed out AIG
The Fed's new role: Sugardaddy
HBOS confirms talks about selling to Lloyds TSB
Japan central bank leaves rates unchanged
AIG policyholder - Is your money safe? Yes
Russia threatens to seize swath of Arctic
CIA: Bin Laden does not oversee day-to-day operations of Al-Qaeda
Suicide bomb attack on U.S. embassy in Yemeni capital, 16 dead
Plan for Change: Obama two minute TV ad
McCain softens his opposition to AIG bailout
McCain, Obama seek political foothold with Wall Street battered
Hacking Sarah Palin

Tuesday, September 16, 2008
Dow closes up 141
Fed leaves rates unchanged at September meeting
AIG accepts $85 billion Fed loan, cedes control to avoid collapse
Barclays to buy Lehman U.S. units for $1.75 billion
Oil prices sink below $92
House passes drilling bill
Gold up on commodity rally, platinum jumps
Treasuries decline as Fed rescues AIG to curb credit losses
Reserve money fund falls below $1.00 value, suspends withdrawals
Schwarzenegger vows to veto California budget
U.S. stocks drop early as AIG, Goldman, Morgan Stanley shares retreat
Stocks in Europe and Asia plunge overnight on AIG rating cuts; UBS drops
Fearing collapse, Merrill Lynch accepts Bank of America takeover
AIG credit ratings cut, threatening quest for funds
Russian stock exchange MICEX suspended in worst plunge since 1998
Oil drops 4% overnight on financial markets turmoil
Money market rates double amid global credit seizure
Fed adds $50 billion to the banking system; funds rate declines
Gold up for third day as economic worries persist
Goldman Sachs net plunges 70%
Why they let Lehman die
Dollar takes surprisingly slight hit overnight amid turmoil
Consumer prices ease on cheaper energy prices
Tokyo platinum down overnight by daily limit after Lehman
Dollar hits four-month low against yen as banking crisis deepens
Lehman collapse spurs calls for credit derivatives clearinghouse
Barclays is in talks to buy Lehman securities unit
On Wall Street, a problem of denial
Deloitte: Holiday sales may be weakest in 17 years
What to do if your broker fails
Wall Street upheaval may sap economy, spurs rate-cut pressure
China may cut rates again, boost spending for growth
Crude oil tumbles for second day as Wall Street adds to demand concerns
Wachovia CEO offers plan for markets
Mortgage rates plummet, but borrowers beware
Whitney: Lehman failure will worsen credit crunch
Views on possible rate cut in flux
The deepening auto recession
Ten ways to protect your finances in a crisis
Fed's strategy has moved beyond rate cuts
Democrats call for 90-day foreclosure freeze
Georgia offers fresh evidence of war's start
Obama calls for closer scrutiny of credit-rating agencies
Obama v. McCain: Healthcare reform
Economy roars back to center of campaign
Did McCain economy gaffe prompt a correction?
Why bad economy helps neither McCain or Obama
Hitchens: Only Obama sees that Pakistan is the problem
Pakistan orders its troops to fire on U.S. troops to stop raids
U.S. drones overfly Pakistan
Odierno replaces Patraeus in Iraq
McCain speaks on Wall Street storm
McCain laboring to hit right note on the economy
CBS News: The Sarah Palin phenomenon is doomed
Gallup Daily: Presidential contest a dead heat

Monday, September 15, 2008
Dow closes with plunge of 504 amid Wall Street woes
AIG seeks funds from JPMorgan, Goldman, after Fed balks at loan
AIG rating cut to A- by S&P; remains on watch negative
WaMu is lowered to junk rating by S&P on mortgage losses
Crude oil falls to seven-month low as Lehman adds to demand concerns
Asian stocks extend global rout after Wall Street plunge
U.S. stocks plunge at open amid changed Wall Street landscape
Bank of America will buy Merrill for $50 billion
Lehman will file for bankruptcy as suitors bow out
Fed adds most reserves since 9/11 as banks hoard cash
Oil drops below $96 on financial turmoil
Treasurys soar as financial wipeout boosts bonds
House to vote on $50 billion stimulus plan
Industrial output plunges by largest amount in three years
Press TV: IAEA confirms Iranian nuclear program is on right track
Reuters: IAEA says Iran stalls probe into alleged nuclear bomb research
Fed widens collateral, banks set up $70 billion fund
Fed expands lender of last resort role even as it draws bailout line
AIG plans major restructuring, report says
Fed to Wall Street: No bailout
The Lehman lesson
Goldman and Morgan: The anti-Lehman
China cuts lending rate, small bank reserves
Euro central banks pump cash into money markets
Bloody Sunday: Wall Street hit by financial tsunami
Gold, silver up 2% overnight on financial jitters
Asian stocks, U.S. futures, dollar tumble overnight on Lehman bankruptcy
White House issues assurances on the economy
Pimco's Gross: Global credit crunch is worsening
Roubini: Predicts another 20% drop in stock values
Roubini: Big risk surging debt makes U.S. more dependent on other countries such as China, Russia and Gulf States
Wilbur Ross: Possibly 1,000 banks will close
Jim Jubak: Who the Fed really bailed out - China
Drop in energy prices may stay Fed on Tuesday
The New York Times interactive electoral map
McCain, Obama try to seize economy issue
McCain suicide attempt while a POW in 1968 raise serious questions regarding his mental health
Obama blames Wall Street crisis on Republican policies
Rove: McCain went too far in ads
Former POW comments on McCain
Obama raised $66 million in August
Lies, damned lies, and Barack Obama
Saturday Night Live Palin-Clinton skit

Friday, September 12, 2008
Stocks close mixed as energy sector rises, Lehman falls
Gold soars on weak dollar and Hurricane Ike fears
Russia apparently packing up in Georgia
Lehman gets bid from Bain, Clayton for asset management unit
Treasury, Fed ask Wall Street chiefs to back Lehman
Ike forces shutdown of 19% of refining capacity, limiting fuel
Gasoline rises on Ike, but crude falls briefly below $100
Boeing strike another hit to economy
Recession Alert: Consumers are starting to hit the wall
Interior Department sloppiness costs U.S. billions
Cramer: Why we need a rate cut
Palin's interview with ABC New's Charlie Gibson
What Bush Doctrine?
The Root: Crumbling under crisis
Alaska lawmakers vote to subpoena Palin's husband
Greenspan says McCain tax cuts need similar budget reduction

Thursday, September 11, 2008
Financials hit in early trading as worries spread beyond Lehman
Stocks head for lower open ahead of economic data
EU committee votes to cut biofuels target
Oil falls below $101 as dollar strengthens
Hurricane Ike churns toward Texas as Houston calls evacuation
WaMu tumbles a third day on capital worries
Trade deficit of $62.2 billion exceeds forecast
Jobless claims fall less than expected
U.S. August import price index falls 3.7%
Energy bill: Drowning in Washington
Bush said to give order to attack inside Pakistan
Obama calls for renewal of 9/11 spirit of service
McCain ad: The wolves are out against Palin
The Root: It's time for Obama to start fighting

Wednesday, September 10, 2008
Dow closes with modest gain despite Lehman loss
Asian stocks decline to lowest level since December 2005
Dollar advances on speculation Europe may slow faster than U.S.
Yen may be poised to gain in spite of dollar strenght
Oil rises in Asia as Ike strengthens
Lehman fails to reassure investors about its future
Rates drop in aftermath of Fannie, Freddie takeover
Junk bonds distress levels surge,signalling defaults in Europe
Pentagon: Afghan strategy not working
Autumn angst: Democrats fret about Obama
Obama on Letterman: McCain policy is the pig
McCain used lipstick phrase too
Who first put lipstick on a pig?
Biden: Hillary a better pick than Biden
Scientists turn on biggest Big Bang machine

Tuesday, September 9, 2008
Dow closes off 280 as Lehman woes slam stocks
Oil dips as Ike weakens, OPEC mulls holding steady
Lengthy Boeing strike could harm U.S. exports
Treasurys rise after Fannie, Freddie bailout
New York oil falls, Brent below $100, as OPEC signals no cuts
Gas prices down 11% from July highs
U.S. may be running out of options to prevent recession
Gold pares losses as oil bounces, near eleven-month lows
How the KGB (and friends) took over the Russian economy
Russia less risky after Georgia conflict
Bush to maintain Iraq troop level until 2009
Congress warms to new oil drilling
NBC/WSJ poll: 2008 race turns into dead heat
Obama: McCain-Palin lying about maverick claim
Straining to reach money goals, Obama presses donors
McCain-Palin chemistry on campaign trail energizes Republicans
McCain campaign crowds grow exponentially
McCain now winning majority of independents
McCain poll surge, fundraising give Democrats election jitters
Campaigns pick up the pace to meet schedule
Army suicide rate could top nation's this year
Push to reopen civil rights-era cases stalls

Monday, September 8, 2008
Government takes control of Fannie, Freddie
CNN Money: U.S. seizes Fannie and Freddie
WSJ: U.S. seizes mortgage giants
U.S. takeover of Fannie, Freddie is stopgap solution
U.S. government takes on huge role in mortgage market
U.S. stocks surge at opening on bailout plan
U.S. stock futures surge pre-open on mortage bailout
How bailout plan protects taxpayers
Gold up overnight on firm oil, eyes dollar and bailout
World markets soar after Fannie, Freddie bailout
Dollar mixed overnight after bailout
China and Japan hail takeover as doubts linger
Overvalued pound may fall 20% as Darling despairs
Jim Rogers: U.S. is more Communist than China
Steve Forbes: Fannie and Freddie should be split up, privatized
London Stock Exchange hit by biggest disruption in eight years
Hurricane Ike hits northeastern Cuba, may head toward Gulf oil installations
USA Today Poll: McCain takes lead over Obama
McCain running from Bush means Obama loses advantage in some key states
Obama gaffe: "My Muslim faith"

Friday, September 5, 2008
Jobless rate zooms to 6.1%, hits five-year high
Weak U.S. economy could undermine GOP
Asian markets get hammered overnight, yen surges
Russian stocks, bonds tumble as central bank prompts up ruble
Foreign policy factions divide GOP
Sarkozy warns Iran it risks attack from Isreal
McCain accepts GOP nomination Thursday evening
Video of John McCain's speech
Obama: Iraq surge exceeds expectations
Rice to make historic trip to Libya
Soldier suicide rate may set record again
McCain bets his character is more compelling than Obama's issues
Palin speech scores big TV ratings
Why the GOP cannot just blow off the minority vote
CBS poll: Obama and McCain tied
Sarah Palin FAQs from
What's the difference between a hockey mom and a soccer mom?

Thursday, September 4, 2008
Dow closes down 345 on employment worries
U.S. retailers report sluggish August sales
Beige Book: Economy still hit by slow growth, high prices
Why cheaper oil may signal trouble
Rising unemployment may deepen housing slump
Bank of England leaves interest rate unchanged at 5% on inflation concern
European Central Bank leaves rate unchanged at 4.75%
Back to school? Korean kids never leave school
Text of Sarah Palin's speech
Video of Sarah Palin's speech
McCain's economic plan aims for tax changes
Obama claims McCain's tax policy will not benefit millions
Article: Pulling out of Iraq will not save money

Wednesday, September 3, 2008
Tech, energy stocks keep market in check at close
Oil falls for fourth straight day as oil Gustav misses oil rigs
U.S. factory orders increased 1.3% in July
Iran calls for oil production cuts as crude price falls
U.S. crosses Pakistan border to raid Taliban camp
Pakistan's Zadari: Fears about would-be leader's mental health
U.S. set to announce $1 billion aid to Georgia
Analysts: The euro's problems are here to stay
Coca-Cola to buy Huiyuan in largest China takeover
Job cuts this summer highest since 2002
Auto sales expected to fall for tenth straight month
GM extends employee pricing offer, adds 2009 models
Major commodities fund closes, a blow to Lehman
Palin electrifies crowd at GOP convention
Romney sounds Republican call to arms
Gerson, Waldman on GOP convention rhetoric
Another firing controversy for Palin
Palin's connection to Big Oil
In June, 2008 Palin said Iraq war and oil pipeline are God's will
Todd Palin was a registered member of secessionist party until 2002
The Grand Old bait and switch

Tuesday, September 2, 2008
U.S. stocks fall at close as early rally collapses, oil down
Stocks in U.S. climb early as oil falls
Crude oil, gold, copper lead decline in commodities
Gold firms above $800; off two-week lows
What the Iraq war costs
GOP points to McCain's character, derides Obama
Leiberman calls for voters to cross party lines at Republican convention
McCain's relations with the media turn sour as the election nears
Palin's teenage daughter is pregnant; GOP grumbling
Palin disclosures raise questions on vetting
New Obama ad slams McCain on abortion rights

Monday, September 1, 2008
Two million flee Hurricane Gustav; GOP cuts back convention
Oil falls as Gustav wekens, easing damage fears
Gold under pressure as oil falls, dollar rises
Gustav's possible economic impact is widespread
Gustav to test lessons of Katrina
Stocks in Europe, Asia decline; BHP, Hon Hai, retailers slump
China's banking giants deliver jumbo-sized earnings
Will $7 billion debt plunge Korean won into crisis?
Japanese Prime Minister Fukuda quits
Pound plunges on bleak British outlook
Palin made a good impression on McCain from the start
Campaigns shift as Palin choice alters the race
The drill-down on Sarah Palin
Sarah Palin's early sportscaster days
Obama explains his VP choice, reacts to Palin

Friday, August, 29, 2008
McCain chooses Palin as running mate
Dow off 172 at close
Gold turns to end lower as oil retreats, Gustav eyed
European economic confidence drops, inflation eases
Japan's inflation rises as leaders unveil package
Japan unveils $107 billion stimulus package
Oil rises in New York as Gustav threatens Gulf
India's 2Q economic growth slows to 7.9%
Toyota lowers global sales target
Russia takes aim at U.S. poultry
Saudi Arabia takes big step toward opening stock market
Jobless claims fall for third straight week
Jim Rogers: Economy will be worse off whoever's President
Taxes, spending: Obama v. McCain
Homebuyers squeeze desperate sellers
San Diego economy in recession, expert says
Has Iran ever actually threatened to attack Isreal?
McCain's suicide attempt while a POW in 1968 raises questions regarding his mental health
Obama, an honors graduate of Harvard Law School, also attended Columbia University, where he majored in political science with a specialization in international relations
McCain was one of the absolutely worst students in his class at Annapolis, his best subject was English

Thursday, August 28, 2008
U.S. stocks jump on better-than-expected GDP, jobs data
Oil below $116 as energy stockpiles readied
Gold steady near two-week highs, eye on dollar
What the problem bank list does not say
Why U.S. economy is far from dead
Economy may be strong, but feels like recession
Al Jazeera profile on the Democratic party
Al Jazeera profile on Barack Obama
Press TV: Georgia war for McCain and Obama
Economist: Obama courting disaster with tax hike plan
Obama blasts Bush's failed presidency
Text of Obama's speech at Democratic convention
Video of Obama's speech at Democratic convention
Jennifer Hudson sings the National Anthem in Denver
Obama biographical slide show
Speculation rises on McCain's VP selection
Former President Carter: McCain is milking POW experience
Cindy McCain's half-sister: "I'm voting for Barack"
Former Marine acquitted of Iraqi killings in landmark trial

Wednesday, August 27, 2008
Dow closes up 90, as oil stocks and financials spur gains
Study: Bankruptcies soar for senior citizens
Gold rises 1.0% on firm oil and soft dollar
Fannie Mae shakes up management team
Oil rises in Asia on fears Gustav may strengthen
Britain has largest drop in housing prices since 1990
China, Iraq reach $3 billion oil service deal
Russia hails united Asian support
Georgia war shows Russian army is now a force to be reckoned with
Obamanomics: Is $250,000 per year rich?
Big night in Denver for the Democrats

Tuesday, August 26, 2008
Stocks end mixed on higher oil, consumer data
S&P/Case-Shiller 2nd-quarter U.S. home-price index fell 0.5%
Home prices plummet to 2005 levels
Oil climbs above $116 on Hurricane Gustav worries
Why are the pundits silent on the return of double-digit inflation?
Russia recognizes Georgian rebel regions
Russian stocks, ruble tumble as Medvedev recognizes Georgian rebel regions
Mortgage fraud still soaring
Euro falls to six-month low on German business sentiment drop
Hillary Clinton urges supporters to back Obama
Rich guy v. poor guy: Should a candidate's wealth matter?

Monday, August 25, 2008
Dow off 242 as financials drag market lower
Euro falls for third day before German business conference report
Japanese companies go on biggest shopping spree since 1980s bubble
Realtors say existing home sales rose in July
Oil in Asia tops $115 on tropical storm concern
Will economy's path be a U, V, W or L?
Fannie and Freddie worries ripple across banking sector
Democrats give emotional punch on opening night
Gold bounces to track higher oil, U.S. data
U.S. warns Russia on Georgian states

Friday, August 22, 2008
British economic growth ground to halt in second quarter
Have commodities hit bottom?

Thursday, August 21, 2008
Stocks in U.S. drop early on writedown concerns
Leading economic indicator in U.S. falls 0.7% in July
Oil rises more than $3 on U.S.-Russia tensions, weak dollar
Jobless claims fall for second straight week
Gold at one-week high as markets change tack

Wednesday, August 20, 2008
U.S. stocks rally early, led by Hewlett-Packard; financials advance
Fannie, Freddie bailout may hinge on debt rollover
BOE panel split three ways on vote to keep rate at 5%
Oil pares gains after jump in crude inventories
Mortgage application volume hits eight-year low

Tuesday, August 19, 2008
U.S. stocks retreat early on inflation concern, housing data
U.S. producer prices surge more than forecast in July
Housing starts fall to 17-year low, permits drop
NATO downgrades ties with Russia to protest Georgia conflict
Oil falls to near $112 as storm fears ease
Gold slips on dollar, platinum off 11-month low

Monday, August 18, 2008
U.S. stocks decline early, led by Fannie, Freddie
Gas prices fall for 32nd straight day
Double digit inflation in 2009?
Asian markets fall, but weak yen lifts Japan
Russia says troops pulling back, Georgia disputes claim
Musharraf quits Pakistan presidency

Friday, August 15, 2008
U.S. stocks climb early on lower commodities
U.S. crude falls more than $3, below $112
Gold falls below $800 for first time this year
Dollar rally picks up steam
Bush demands Russia pull out of Georgia
Gorbachev: Georgia started conflict in South Ossetia
Michigan consumer sentiment index rose in August
Industrial output up 0.2% in July
Commodities plummet on dollar strength
Social security: McCain v. Obama

Thursday, August 14, 2008
U.S. stocks rise early as Fannie, Freddie spur bank rally
Consumer prices rise at fastest rate in 17 years
U.S. home sales fall to ten-year low as prices tumble
Oil falls despite worries that refiners overcut supplies
Oil drags gold lower as dollar firms
U.S. involvement in South Ossetia crisis

Wednesday, August 13, 2008
U.S. stocks decline early for second day; Deere, Macy's, banks fall
U.S. retail sales fell in July led by autos
Oil prices surge on weak inventory report
Business inventories post 0.7% increase
Russia-Georgia truce tested
Survey: Global economy is bigger worry than U.S.
Dollar rises to highest levels since March against major currencies

Tuesday, August 12, 2008
U.S. stocks drop early on banking concerns
U.S. trade gap unexpectedly narrows on export surge
One third of new homeowners in U.S. owe more than house is worth
Oil steady on dollar, Georgia conflict
BP shuts Georgia oil and gas pipelines as a precaution
Home prices edge higher in June
Boosting wages: Obama v. McCain
McCain's nuclear plan: Doable but risky
Gold plunges to eight-month low as investors jump ship

Monday, August 11, 2008
Stocks trade mixed early as oil prices fluctuate
Oil edges up, Georgia conflict disrupts shipments
Russia urged to accept truce as fighting spreads
Economic slump in U.S. to worsen as consumers get squeezed

Friday, August 8, 2008
U.S. stocks rise early, led by retailers, airlines; Home Depot gain
Euro falls the most in eight years on reduced rate prospect
Oil, copper lead drop in commodities on dollar, reduced demand
UBS agrees to buy $19.4 billion auction-rate debt
Ruble, Russian stocks fall as Putin says Georgia war started
Crescenzi: Nine reasons for dollar rally
Talk of $200 oil by year's end quietly fades
Gold slides to three-month low as dollar rises

Thursday, August 7, 2008
U.S. stocks retreat early on AIG's loss, Wal-Mart's sales forecast
Pending home sales unexpectedly jump in June
Jobless claims rise to highest level since March 2002
Oil prices rise after pipeline fire in Turkey
Rosner: Economic slowdown just getting started
Citigroup to pay billions to settle securities probe
Foreclosure crisis: The $4 billion fix
Gold slips as dollar rises on Trichet talk

Wednesday, August 6, 2008
Oil falls 20% from July record, reaches bear market threshold
Wall Street falls early on Freddie loss
Consumer recession looms, Merrill economist says
Freddie CEO: Home prices could fall another 20%
The estate tax: McCain v. Obama

Tuesday, August 5, 2008
Fed leaves rates unchanged
U.S. stocks rise early as oil continues fall
Service industries in U.S. contracted again in July
Oil falls as low as $118 on demand concerns
Obama suggests tapping oil reserves and drilling offshore
Gold continues slide on commodities sell-off, dollar strength

Monday, August 4, 2008
U.S. consumer prices jump the most since 1981
U.S. stocks retreat early on accelerating inflation
Rising prices reduce consumer spending in June
Fed likely to hold rates steady during crosscurrents
Whitney: Housing prices still far from bottom
Factory orders jumped 1.7% in June
Your money: McCain v. Obama

Friday, August 1, 2008
U.S. unemployment rate rises to four-year high
U.S. stocks fall early on GM, NYSE Euronext results
Oil prices jump nearly $3 as gas futures spike
Dollar hits to near six-week high versus euro
Boosting wages: Obama v. McCain
Platinum slides on bleak outlook for carmakers

Thursday, July 31, 2008
U.S. economy grew less than forecast in last quarter
U.S. stocks fall early after economic growth trails forecast
Oil slips below $126 after rising a day earlier
Oil majors make big profits, but not at the pumps
Gold bounces after slide with softer dollar support

Wednesday, July 30, 2008
U.S. stocks climb early as ADP shows jobs gain; banks rally
Fed extends emergency lending program through January
Bush signs measure for homeowners, Fannie, Freddie
Oil up after U.S report says gas supplies fell
Gold falls below $900 an ounce as dollar firms

Tuesday, July 29, 2008
U.S. stocks rise early on earnings, Merrill's plan to raise capital
S&P/Case-Schiller: May 20-city home prices fall 15.8%
Oil declines as stronger U.S. dollar dims commodities' appeal
July consumer confidence rises from 16-year low
Gold falls as dollar firms and equities rise

Monday, July 28, 2008
U.S. stocks fall early on Verizon, Tyson reports
IMF says end to U.S. housing slump not visible; credit may worsen
Oil rises above $124 on supply worries
Treasurys rise on bank woes and ahead of reports
Record 2008 budget deficit predicted by Bush official
Gold steadies after slip, underpinned by oil and dollar

Friday, July 25, 2008
U.S. durable orders unexpectedly gain; home sales exceed forecasts
U.S mortgage foreclosures double as home prices decline
Consumer confidence rebounds from 28-year low
Oil drops to near $123 as traders look for stabilization
The dollar stages a comeback the hard way
Gold advances on the day

Thursday, July 24, 2008
U.S. stocks drop, led by banks, on housing concerns
Home sales decline to ten-year low
Oil struggles to advance as natural gas tumbles
U.S. mortgage rates spike

Wednesday, July 23, 2008
Most U.S. stocks rise early on drop in oil; earnings reports
GM falls further behind Toyota in global sales race
House lawmakers to vote today on Fannie-Freddie rescue
Oil extends decline as supply worries ebb
Gold slips to two-week low on cheaper oil, higher dollar
Poll of economists: Majority of economists feel McCain better for stocks

Tuesday, July 22, 2008
Oil falls to six-week lows on forecast storm to miss Gulf fields
CBO: Fannie, Freddie bailout may cost taxpayers $25 billion
Stocks mixed on Wachovia, oil drop
California foreclosures hit 20-year high
Gold eases as dollar ticks up, oil weakens

Monday, July 21, 2008
Stocks in U.S. gain early as Bank of America beats estimates
Crude oil back above $130 per barrel
Economists: Second half growth likely to be anemic

Friday, July 18, 2008
Blue chips rally, but techs stumble
Gold ends lower as global market jitters ebb
Oil settles below $129, now down 13% from peak
Wall Street mixed early on tech, Citigroup
Oil markets looking for signs of bubble burst
Gold down but off lows after U.S. markets open
Is this a suckers' rally?

Thursday, July 17, 2008
Dow jumps 207 as oil falls to $129
U.S. stocks advance early as JPMorgan leads two day financial rally
Housing starts spurred by New York building code change
Oil prices pull back to $134 in volatile trading

Wednesday, July 16, 2008
U.S. consumer prices climb by most in 26 years
U.S. stocks advance early as oil drops, Wells Fargo beats estimates
Oil prices drop $6 on surprise inventory figures

Tuesday, July 15, 2008
Bernanke abandons assessment of lessening growth risk
U.S. stocks pare retreat as crude oil plunges by more than $9
Fannie, Freddie drop; Ackman shorts stock, Moody's cut ratings
G.M. suspends dividend, will cut jobs to raise $15 billion through 2009
Retail sales edge up slight 0.1% in June
Dollar hits new low against the euro
Wholesale prices soar in June
Gold hits four-month high as Bernanke fuels buying

Monday, July 14, 2008
White House, Fed to rescue Fannie, Freddie
U.S. stocks trade mixed on aid to Fannie, Freddie
More U.S. banks may fail after Indymac
Bernanke: New mortgage rules to protect consumers
Financial markets jitters boost gold
Bush lifts ban on offshore oil drilling

Friday, July 11, 2008
Dow closes off 128 in volitile trading
U.S. stocks tumble over concern over Freddie, Fannie and oil
Paulson supports Freddie, Fannie in current form
Oil sets new record above $147
The $5 trillion mess in U.S. housing market
Gold hits four month high on oil, dollar woes

Thursday, July 10, 2008
Oil leaps after Iran tests missles, Nigerian cease fire ends
Gold soars on oil spike, producer buy-back talk
Poole: Fannie, Freddie insolvent after losses
Dow Chemical to buy Rohm and Haas
Retailers avoid June swoon, tax rebate checks help
U.S. initial jobless claims fell 58,000 to 346,000 last week
U.S. foreclosure filings surge 53% in June
Economic, foreign policy issues of 2008 smack of Reagan-Carter contest
The Fannie and Freddie doomsday scenario

Wednesday, July 9, 2008
U.S. stocks decline early, led by tech and consumer shares
Oil rebounds on Iranian missile launches
Oil inventory data is mixed
Dollar mixed as traders mull Iran, oil
Gold climbs on Mideast tension and oil
Developing economies don't back G-8 climate goal
Alcoa earnings are weather vane for inflation
Fed sees turmoil persisting deep into 2009
Drilling our way out of high oil prices
Congress v. oil prices
Mortgage applications rise to highest level since June
The Hindenburg Omen could be predicting the next market crash
Bowyer: The coming Obama recession
Crescenzi: Obama win could cut $40 off barrel of oil
The issues: McCain v. Obama on a range of issues
Iran's missile test divides McCain and Obama

Tuesday, July 8, 2008
Oil plunges for second straight day
Pending home sales fall 4.7% in May
Gold swings lower as dollar firms, oil plunges
Bernanke says Wall Street access to Fed may extend to 2009
Fed's loans to Wall Street may prevent a rate rise until 2009
Study says U.S. stock slump will not end until VIX index jumps
Commodities slump as G-8 says oil and food prices pose challenges
Wholesale inventories pose slight rise in May
Lockhart: Fannie, Freddie are adequately capitalized
Pickens sticks with forecast of $150 oil
Asian markets have a fall overnight
London stocks flirt with bear market territory
Ahmadinejad: Iran does not intend to wipe out Isreal
Adding up the costs of Obama's agenda

Monday, July 7, 2008
U.S. stocks close down on financial sector worries
U.S. stocks tumble at midday, led by banks; Fannie, Freddie shares plummet
U.S. stocks advance early as oil drops; General Motors and Yahoo see gains
Dollar advances on speculation G-8 leaders will support currency
Japan's Nikkei snaps record slide
Gold slides as dollar firms, oil falls
GM may be considering thousands of job cuts
Oil slips below $141 a barrel
Big trouble for Big Three automakers
Economic preview predicts trade gap widens and import prices rose
Hyundai cuts local car sales target on weaker demand
Worse car sales decline expected in Western Europe
Foreclosures to rise, whomever wins the White House
Dow Theorists disagree on market direction
Iraqi government may impose timetable for U.S. withdrawal
Candidate flip-flop guide
Candidates to tout plans today to fix economy
Conservatives to battle McCain over platform
McCain's health plan has tax aspects
McCain works hard to polish skills as an orator
Obama to accept nomination before 75,000 onlookers

Friday, July 4, 2008
Iran indicates it is willing to discuss nuclear incentives plan
Oil prices fall more than $1 a barrel
Gold steady as inflation fears balance dollar
Pace of housing rescues slows, as foreclosures rise
Vulture real estate investors swoop into some markets
G-8 meets as economic storm clouds thicken
Report blames biofuels for global food crisis
Press TV: U.S. has no authority to strike within Pakistan
Press TV: Isreal prods the U.S. towards war with Iran
Ilan Pappe reflects upon the events of 1948 in Palestine
McCain camp struggles with strategy
Forecasting models predict an Obama victory in November
What sort of Supreme Court justice would Obama choose?
Stocks in Europe have fifth week of decline

Thursday, July 3, 2008
U.S. stocks finish mixed following jobs, service data
Oil passes and settles above $145 for first time
Gold closes lower on dollar strength
Euro falls to one week low after Trchet indicates no bias on rates Earnings season kicks off with little hope ahead
U.S. oil industry exports a record of petroleum products this year
Mortgage rates drop following a three week climb
U.S. stocks advance early after jobs report eases rate hike fears
Employers in U.S. cut 62,000 jobs; jobless rate holds at 5.5%
ECB hikes key rate to 4.25%; first hike in 13 months
Gold price buckles under weight of stronger dollar
Service sector shrinks unexpectedly in June
U.K. services contracted the most in June since 2001
Stocks fall in Europe and Asia overnight
Oil rises to record in overnight electronic trading above $145 as investors avoid stocks and falling dollar
Trichet adopts Greenspan policy as he attacks inflation
Probable ECB rate hike unpopular in many circles
Committee questions State Department role in Kurdistan oil deal
How McCain and Obama will affect you tax bill
The economy: McCain versus Obama
What Obama means for business
Obama opens door to altering his Iraq policy
Condoleeza Rice says she is proud of decision to invade Iraq
Colombia rescue hinged on intrigue, revenge
China Southern flies to Taipei, ending 60 year tourism ban

Wednesday, July 2, 2008
Dow falls 167 at close on record oil and GM fears
Oil rises to record above $144 after drop in U.S. inventories
Nikkei in longest losing streak since 1965
Paulson: Oil, falling home prices to prolong slowdown
ECB expected to hike rates Thursday
Gold near ten week high
Gold rally probably will not take summer break
Is America in a permanent decline?
ADP shows biggest job loss in six years
Factory orders post modest 0.6% gain in May
Asian stocks fall to their lowest level since March
Deepening cycle of job loss seen extending into 2009
Historical perspective: An oil analysis from October, 2001
Which is better -- strong or weak dollar?
IMF: Inflation risks propeling more into hunger
Five bear market maxims
Mortgage applications rise from 6-1/2-year lows
John Carter: Dow will sink below 10,000
Lay-off plans up 21% in first half of year
Fed official says outlook for second half weakens
Billions in troubled construction loans will test regional lenders
Gold firms overnight near two-month high
New Iraq report: 15 of 18 benchmarks are satisfactory
Washington Post: Obama got discount on home loan
During his time as a POW in August, 1968, McCain once attempted suicide but was stopped by his Vietnamese captors
Since the most important risk factor for suicide is psychiatric illness, McCain's suicide attempt in 1968 raises serious questions regarding his mental wellness

Tuesday, July 1, 2008
This is bear territory, no bull
Gold soars 2% as oil spikes higher
Ford, Toyota sales fall as buyers avoid trucks
Manufacturing in U.S. unexpectedly expands in June
Construction spending drops 0.4% in May
Morgan Stanley: Credit crisis seen extending into 2009
Europe may push Fed to raise rates
Oil rises on IEA supply warning, fear Isreal may attack Iran
Pentagon official tells ABC that Isreal may attack Iran
Has Iran ever actually threatened to attack Isreal?
Fleckenstein: The end of the superbubble
OPEC's El-Badri: Blame dollar and speculators for oil prices
IEA says there is little evidence speculators are driving up oil prices
Morgan Stanley: Nearly game over for dollar decline
Florida sues Countrywide over mortgages <

Obama to make call to expand Bush's faith-based programs

McCain crashed three U.S. airplanes prior to being shot down in Vietnam; one accident was clearly due to McCain's negligence

Monday, June 30, 2008
Oil rises to record on concern over Iranian disruption
Dollar near all-time low versus the euro
Central bankers unite against inflation
Qatar will not raise crude oil production as prices soar
Chicago purchasing manager index increased in June
Daewoo shipbuilding June orders reach $2.3 billion, highest this year
Persian Gulf stock shares fall, led by Tabreed and Emirates Telecom
Analyst: Oil the wild card in predicting stock rebound
Is the oil index set to fall?
Analyst: Election could delay Fed rate rise until December
Analyst: Inflation stress levels are on the rise globally
How does Dow performance for the first half of 2008 stack up historically?
Consumer spending rises, but key inflation guage is tame
Analyst: Economy still teetering on edge, but not in recession
Mugabe is sworn in as president after disputed runoff
Seymour Hersh: U.S. already involved in covert war against Iran
Iran says oil route at risk if country is attacked

Friday, June 27, 2008
U.S. stocks close near to bear market territory
Commentator concludes there is no panic in the U.S. market
McCain callously dumped his first wife
Militant Islamic website despises Obama because of his foreign policy positions
What Obama means by tax the wealthy
Dow tumbles midday into a bear market
Stocks in U.S. drop early on record oil price
U.S. consumer spending rises more than expected
Fed aided Wall Street to avoid contagion
Oil rises above $141 after hitting a new record
Gold hits one-month high on record oil, weak dollar
Is this gold's golden age?
Fund manager says future lies in Asia
U.S., London and German treasury figures

Thursday, June 26, 2008
Dow closes off 357 as oil tops $140
U.S. stocks open sharply lower
Existing-home sales rise 2% in May, above forecasts
Oil spikes on lower dollar and possible Libyan production cut
European stocks and U.S. stock futures down sharply on bank earnings concerns and fall in technology profits
First quarter GDP up 1.0%, but jobless claims hit three-year high
Oil steady in Asia overnight after plunge in U.S. on Wednesday
Supreme Court slashes damages award in 1989 Exxon oil spill
Gold rises in Asia overnight after Fed action
Gold futures rally more than 3% as dollar falls in pre-U.S. open action
Goldman puts Citigroup on conviction sell list
Goldman puts battered GM on conviction sell list
U.S. weekly initial jobless claims unchanged at foreboding 384,000
Stocks in Europe fall overnight on bank and dollar fears
Asia stocks and bonds edge up after Wednesday Fed action
Warren Buffett says U.S. inflation is exploding
Buffett v. Bernanke: the inflation forecast showdown
Fed's Kohn: central banks must be beware of inflation
EIA concludes that more off shore drilling will do little at the pump
Analysis: banks should fear a rate hike
California home sales soar 18%, but values continue to fall
California and Illinois sue mortgage lender Countrywide
King of the West Bank
McCain was one of the absolutely worst students in his class at Annapolis; his best subject was English literature
Obama, an honors graduate of Harvard Law School, also attended Columbia University, where he majored in political science with a specialization in international relations

Wednesday, June 25, 2008
Fed leaves rates unchanged in highly nuanced statement warning with respect to inflation
Text of FOMC statement
Dow ekes out small gain after Fed decision rally fizzles
Gold ends day in U.S. with small loss after Fed decision
Dollar moves down as Fed fails to give strong rate signal
U.S., London and German treasuries numbers at U.S. close
New home sales fall 2.5% as property values continue to fall
Oil prices plunge after surprise rise in inventory
Fed resumes policy meeting, announcement at 11:15am Pacific time
ECB President Trichet leaves option open for rate increase after July
May U.S. durable goods order unchanged; ex-transports, down 0.9%
Oil prices up slightly ahead of U.S. inventories report
Analyst concludes oil price is based on fear of future shortages
Senate may pass $300 billion mortgage aid as soon as today
Dollar steady ahead of Fed's decision on rates
If oil is causing inflation, what can the Fed really do?
Mortgage applications drop to 6-1/2 year low
Report focuses on effect of housing drop on boomers
Buffett says he is concerned regarding U.S. stagflation
Have Fed rate cuts gone too far?
The anti-doomsday scenario
Gold lower as markets open and traders await Fed decision
Report says world now has ten million millionaires
LATimes/Bloomberg poll gives Obama 15 point lead over McCain
McCain contradicts Bush with global warming policy
Evolution of McCain economic policy stance
U.S. gasoline demand falls 2.7% amid record prices
OPEC president says oil prices will not come down
Life in suburbia becomes untenable with rising gas prices
World's first 80 story building in motion set for Dubai
Critique of first Obama general campaign commercial
Obama asks donors to help Clinton with her debt
Obama slams McCain's energy policies

Tuesday, June 24, 2008
Treasuries rise on decline in consumer confidence and housing
Consumer confidence tumbles to 16-year low
Dow Chemical will raise prices an extra 25% in July
Financial firms may make further cuts in staffing, eliminating 175,000
Bernanke plays dangerous game balancing rate talk with action
FOMC preview: rates will be left unchanged, but inflation an issue
Fannie, Freddie fail to relieve housing crisis by shunning jumbo loans
Global Insight economist sees housing prices falling another 10%
Gold recovers as oil firms, dollar off highs
Zimbabwe opposition party in disarray as violence increases
Bolton says Isreal will attack Iran between U.S. election and inauguration
Oil prices steady as market focuses on Nigeria and Iran
McCain calls for $300 million prize for new car battery
McCain battles unforced errors to stay on message
Obama's upcoming shock and awe campaign
Evangelical leader rips Obama on Bible interpretation
Greenspan says U.S. economy on brink of recession
GM to raise prices on 2009 models and cut production
U.S. home prices continue record decline in April
Homeowners' rescue plan faces key test in Senate
Kuwait to pump 300,000 barrels more per day by mid-2009
Practical methods to invest in the oil markets
Four years of home gains have been wiped out
Dollar slightly lower, range-bound ahead of Fed meeting
Bond insurers trying to unwind contracts
Congress considering nine separte bills on oil speculation
America's untapped oil resources
SEC proposals may diminish credit ratings role

Monday, June 23, 2008
Oil rises above $136 early on volatile trading
Bernanke's inflation cure loses potency as import costs rise
Euro falls most versus dollar in week as German sentiment ebbs
Saudi Arabia pledges to increase oil output
Obama camp closely linked with ethanol
Gas prices up a dime in two weeks
McCain, Obama unveil new energy proposals
Mortgage rate rise spurs some to buy now
Gold drops sharply in early trading

Friday, June 20, 2008
U.S. stocks close substantially lower on oil's surge
U.S. stocks fall early on credit, oil concern; Citigroup, Ford fall
Crude oil rises as U.S. dollar weakens; Isreal conducts military exercise
China fuel price hike may not sap demand
Fed talks up interest rates and housing is hit
Rising corn prices could threaten U.S. ethanol output
Treasurys advance as banks risks increase
A forecast on gold's future
Primer: What is the theory of peak oil?
Gold ends lower, but up 4% on week

Thursday, June 19, 2008
U.S. stocks close with a gain after a wobbly session
Oil reacts to reports China is raising fuel prices
Manufacturing in Philadelphia region shrank in June
Regulators lay plans for investment bank Fed access
U.S. stocks retreat early on financials and dividend concerns
Leading indicators inch up, but weakness remains
Jobless claims decline by 5,000 following surge
World Bank raises China growth forecast
Did the Fed go too far?
What is ANWR and where is the coastal plain?
ANWR drilling could cut 75 cents from barrel of oil, DOE says
Background information on ANWR
A case for drilling ANWR
A case for not drilling ANWR

Wednesday, June 18, 2008
Bush urges end to offshore oil drilling ban
U.S. stocks fall early on Morgan Stanley profit decline, FedEx's loss
Oil price gyrates on mixed inventory picture
China yuan hits new high against U.S. dollar
Mortgage applications plunge on rising rates
Recipe for a market meltdown

Tuesday, June 17, 2008
U.S. wholesale inflation increased more than forecast in May
Most U.S. stocks fall early on housing, industrial production data
Kuwait says oil over $100 is too high; supports Saudis
Pound falls as U.K. inflation climbs to 10 year record
Paulson's China talks shift to energy as yuan rises
U.S. housing starts fall to lowest level in 17 years
U.S. regulators moving to curb speculative oil trading
WSJ says Fed is unlikely to raise rates before autumn

Monday, June 16, 2008
Crude oil rises to record $139.89 early as dollar drops versus euro
Dollar falls as New York factories contract
Dollar may beat euro as inflation trumps subprime
Stocks open lower as oil climbs
Bernanke avoids giving health policy endorsement

Friday, June 13, 2008
U.S. stocks advance early as oil drops
Crude oil falls as Naimi says record prices are unjustified
U.S. consumer prices rise 0.6% as fuel costs rise
U.S. foreclosure filings surge 48% in May

Thursday, June 12, 2008
U.S. retail sales gain more than forecast
U.S. stocks rebound early from two month low
Crude oil falls as dollar's gain reduces appeal of commodities

Wednesday, June 11, 2008
U.S. stocks drop in early trading on global rate concerns
Oil rises by $6 on larger than expected U.S. supply drop
Global confidence falls on higher rate concerns
Fed's Kohn says risk of inflation psychology higher
Mortgage applications bounce back

Tuesday, June 10, 2008
Dollar rises versus yen, euro; Bernanke sees less risk
U.S. trade gap grew in April on oil imports
Saudis boost oil production
Bernanke inflation warning fans worries of rate hike
Russia's Gazprom predicts $250 oil by 2009
Economists expect U.S. to dodge recession

Monday, June 9, 2008
U.S. stocks rise early as price of oil falls
Pending sales of existing homes unexpectedly rise
Gas pushes above $4, oil falls on profit-taking
U.S. jobs market expected to soften further

Friday, June 6, 2008
Dow plunges 395 as oil makes record spike
Gold surges most in six months
Oil spikes past $139.12 during trading
Oil prices jump nearly $11, settle at record $138.54
Oil scores biggest daily gain on record
U.S. payrolls fall, unemployment rate increases
Crude oil advances sharply on weak dollar, Morgan Stanley outlook
U.S. stocks fall early on employment report
Dollar falls to one-week low on jobless report
Jobless rate jumps to 5.5%, largest monthly increase since 1986
Oil soars on $150 July 4th prediction
Wholesale inventories rise more than expected
Currency black market thrives in Caracas
Silver may hit $50 in next few years
Why oil prices will tank
Price tag to fix global warming: $45 trillion
Isreal again threatens to attack Iran
Has Iran ever actually threatened to attack Isreal?
Obama flatly denies a false rumor concerning his wife

Thursday, June 5, 2008
U.S. stocks advance early on retail sales, drop in jobless claims
Wal-Mart, Costco sales beat estimates
Home foreclosures set record in first quarter
Jobless claims show unexpected improvement
Retailers report May results above expectations
ECB may raise rates next month

Wednesday, June 4, 2008
U.S. services expanded at faster pace than forecast
Most U.S. stocks fall early on concerns regarding bank capital
Productivity improves while wage pressures moderate
Oil dips below $124 on concerns over the economy
McCain v. Obama: Partisan differences on the economy
Game on: McCain v. Obama on the economy
OECD global economic forecast slashed

Tuesday, June 3, 2008
Dollar rises to two week high against Euro
Soros says oil bubble and market signal recession
GM shifting focus away from trucks

Monday, June 2, 2008
Factories, building sector show further weakness
Oil spikes over $127, reversing earlier dip
U.S. stocks retreat early led by banks; Wachovia, Cititgroup drop
Fear of sapped demand pushes oil below $126
China Unicom to buy China Netcom for nearly $24 billion
Paulson committed to dollar as reserve currency

Friday, May 30, 2008
U.S. consumer spending gains slowed in April
Consumer sentiment at 28-year low in April
Incomes and spending both slowed in April
Oil bounces above $127 after earlier losses
Housing rescue on the rise; so are foreclosures
Money market funds decline

Thursday, May 29, 2008
First quarter growth estimate raised for U. S. economy
Stocks in U.S. rise early led by financials
Oil prices fall on supply drop explanation
Gas prices hit record for 22 straight days
FDIC says banks set aside record $37 billion

Wednesday, May 28, 2008
Crude above $130 after Morgan Stanley predicts Brent at $150
Treasuries fall as durables excluding transportation rise
U.S. stocks fluctuate following rebound in oil
Mortgage applications slip for second week
Japanese exporters hedge risks with other currencies
Recession? Maybe. Depression? Get real

Tuesday, May 27, 2008
U.S. economy: confidence falls with home values
Oil falls more than $2.00 as record prices curb U.S. demand
U.S. thrifts set aside record amounts for bad loans
Greenspan says recession still likely in U.S.

Friday, May 23, 2008
U.S. stocks take a slide
U.S. home resales decline, inventories jump
Oil rises on weak dollar, supply worries
Oil's surge causing major changes in U.S. economy
Is $130 oil a bubble?

Thursday, May 22, 2008
U.S. stocks advance on drop in jobless claims; limited rallies
Oil hits $135 then retreats
IEA worried about energy supplies; prepares forecast
Bill Gross: Inflation threat is being underplayed

Wednesday, May 21, 2008
U.S. stocks extend drop on Fed minutes; banks lead fall
Oil rises above $133 as U.S. supply falls
Fed sees slower growth and higher unemployment in 2008
Oil's surge hurts outlook for economy and stocks
Mortgage applications near lowest levels of 2008
Gold continues upward climb

Tuesday, May 20, 2008
U.S. stocks fall on producer prices, credit concerns; banks down
U.S. economy: producer prices, minus food and energy, rise
Oil prices rise to a record after Pickens predicts $150
Gold ETF demand doubles in first quarter
Mortgage rescue advances in Senate

Monday, May 19, 2008
Oil rises to record on skepticism Saudi move will cut prices
U.S. economy: Leading economic indicators index rose
Weak ecoonomy may dodge recession
Stocks finish mixed amid tech pullback
Gold futures close at highest level in month
Southern California home sales jump 22%

Friday, May 16, 2008
Dow finishes down 5.86
Gold futures surge above $900
U.S. consumer sentiment falls to 28 year low
Oil rises to record above $127 on Goldman report and China demand
U.S. builders broke ground on fewest houses since 1991
U.S. stocks retreat early led by retailers and banks
FDIC: Credit problems spreading beyond mortgages

Thursday, May 15, 2008
U.S. stocks rally, led by techs
Oil prices reverse course, fall to near $122
Manufacturing weak as economy falters
Fed's direct loans to banks climbs to highest on record
Will the dollar comeback last?

Wednesday, May 14, 2008
U.S. stocks rise early on consumer price report
Consumer prices rise less than forecast
U.S. foreclosure filings surge 65% in April
Oil prices pare losses on small rise in U.S. supplies
Jump in food prices largest in 18 years

Tuesday, May 13, 2008
Crude jumps above $126 as Iran weighs cuts
U.S. stocks fall led by banks
Bernanke: Market turmoil is easing

Monday, May 12, 2008
Closing stocks jump on deals, falling oil
Crude falls after hitting new high above $126
Hewlett-Packard in talks to acquire EDS
Oil is nearing $126 again as dollar loses early gains
U.S. stocks advance early as oil slips, dollar higher
Retail sales probably dropped in April
Gold may gain for second week on demand for inflation hedge

Friday, May 9, 2008
U.S. stocks fall led by financials and commodities
Oil climbs above $126 as dollar weakens against euro
U.S. trade deficit narrows

Thursday, May 8, 2008
U.S. stocks rise, led by commodities producers
ECB sees protracted period of high inflation
IMF says inflation back after years of quiescence
Retailers post strong sales, led by Wal-Mart and Costco
Jobless claims post surprising decline of 18,000
House approves controversial housing plan

Wednesday, May 7, 2008
Dow falls 206 as crude tops $123
SEC to make investment banks reveal capital and liquidity levels
U.S. consumer debt rises more than forecast in March
Forecast of where home prices are headed
Soros says impact of crisis on economy just starting
U.S. petroleum supply report
U.S. worker productivity increases more than forecast
Dollar rises after Hoenig says inflation may spur rate increase
Stocks lower at open
Oil steadies below $122 at open

Tuesday, May 6, 2008
Housing picture worsens as Fannie Mae forecasts price drop
U.S. stocks rise on energy producers and financials
Oil nears $123 on $200 prediction by Goldman, Sachs
Feldstein: Recession still likely but may not be deep
Dollar down against major currencies

Monday, May 5, 2008
Stocks in U.S. retreat on record oil and M&A concerns
Oil rises to record after ISM report
Gold ends more than $16 higher on the day
A forecast of the economy
Fed survey shows more U.S. banks have tightened credit terms

Currency trading primer
Buffett says credit crisis has eased, but individual pain persists
Fed likely to prefer lending over further rate cuts
Tech, financials may be regaining favor with investors
Economic calendar
Stock investors hope to avoid wild cards on credit and banks
Fed move helps to put floor under dollar for now

Friday, May 2, 2008
Mixed end to upbeat week
The week in review
U.S. stock rally dissipates
Oil rises on economic outlook
Gold ends higher after four month low
Is the commodities boom over?
U.S. economy lost 20,000 jobs in April
Fed raises cahs auctions to ease bank borrowing costs
Techs, financials doing well at midday
U.S. stocks rally early in trading day
Jubak: A double dip fall is possible
Countrywide rating cut to junk by Standard and Poor's
Microsoft, Yahoo talks intensify
Treasury prices decline on jobs report
Clinton, McCain tax holiday may help oil companies more than consumers
Gas tax holiday is a bad idea
Jobs report fuels hope economy has hit bottom
Dollar rises on jobs report
Consumer bankruptcies soar 48% in April
Oil rises to over $114 on jobs data and rumors
New York Times: Wall Street sees signs of sunshine

Thursday, May 1, 2008
Gulf states may unpeg from dollar, Kuwaiti official says
Construction spending falls, led by housing
U.S. gas cheap by world standards
Manufacturing shrinks for a third month
U.S. strategic oil reserve becomes hot button issue
Oil falls to about $111 a barrel as dollar strengthens
Initial jobless claims rise more than expected
Low spending is taking toll on economy
Dollar rises to five week high versus the Euro
Mark Mobius sees Fed rate at 1.00%
What Fed move means for mortgage rates
How low will real estate values go?
Mortgage rates rise to highest level in seven weeks
Affordability: the bright lining to the real estate mess
Bank of England asserts worst of credit crisis is over
ExxonMobil profit soars, but misses estimate
Surge in U.S. Hispanic population
Microsoft's board fails to decide on Yahoo

Wednesday, April 30, 2008
The Fed statement in plain English
Food price rise could last another two years
Text of Fed statement
AP analysis of Fed rate cut
ISM Factory index forecast
Bank of Japan lowers forecast
Analysis of Fed rate cut
Larry Kudlow says there is no recession
Chinese banks among the world's largest
Fed cuts rates but leaves uncertainty
U.S. economy grew at 0.6% pace in 1st quarter
ADP says U.S. companies boosted payrolls by 10,000
U.S. stock futures rise after ADP shows unexpected job gain
CDOs face downgrades as losses prompt Fitch overhaul
Big investors see recession, Wall Street depression
Mortgage applications drop to 2008 low
U.S. could have recession without drop in GDP
Treasury to auction $21 billion, brings back the one year bill
Japan holds key interest rate at 0.5%
British home prices fall for sixth straight month
You have seven years to learn Mandarin
Federal Reserve expected to cut key rate today

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