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Articles tagged with: economy

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Oil Prices report for the day

Oil prices fell like over $10 in the last week. That’s good because it caused a rally in the stock market. Now, I don’t know a lot about stocks but I know when they go up it is a good thing for our …

FBI probes IndyMac…IndyMac inevitably “probes” customers…

The FBI is starting an investigation into IndyMac about home loan fraud. (as of right now) No one knows when the FBI started their inquest, but I am pretty sure it started around the time the government seized the bank.
The FBI doing an inquest …

More car and economy news…because you haven’t heard enough already

More car and economy news…because you haven’t heard enough already

Another American institution goes out the window as GM cuts truck production. Oh…how will people get to Wal-Mart now?
Seriously though, a lot of people are going to lose their jobs because of this. GM had to of known about the problem though. I mean, …

Well Johnson and Johnson is doing well. Looks like people are still washing their hair.

Well, the dollar is in the crapper. The economy is basically in a recession…BUT Johnson and Johnson posted profits for 2Q. Most of the jump can be thanks to the weak dollar and inflation overseas.
I would like to say that the profits can be linked …