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Article Archive for July 2008

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Credit cards…we need some form of credit.

Every night I watch the news…and every night they say credit cards are bad. But, are credit cards bad?
Well, as long as you are being responsible with your spending and paying off the balance, not just the insane interest rates, credit cards offer several …

Here’s a lovely welcome gift to the next president.

With all the good news about stocks and oil today, I was sure to find something negative. Well here it is, when the next president inherits the 2009 deficit, he’ll be looking at the highest deficit the nation has ever faced. Even though …

Oil is falling as the summer winds down.

In the last 2 weeks oil has fallen from $147 to $121 a barrel. The US Transportation Department said that in the month of May, US drivers drove 3.7% less than just one year prior. With demand falling for oil, so does the …

The Oil Man’s 10 million share stake in Yahoo!

T. Boone Pickens sold his entire stake in Yahoo today after buying 10 million shares in the company in May. The average price for Yahoo! in May was $26.78. It has recently fallen to around $20. With 10 million shares, he took …

JetBlue CEO cuts salary in half

David Barger became the CEO of JetBlue, a low cost airline, last year and accepted an annual salary of $500,000. While the salary cut is only active between July and December, it is his way of trying to help his company and its employees. …