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Okay, so I think every U.S. citizen that has been watching the news today knows why AIG was going to fail to begin with. I can’t believe that even though we (as taxpayers) own 80% of the company, it still can’t get it together.
The …

The news today has been talking about Wal-Mart offering the iPhone. Front pages and headlines are talking about how Wal-Mart will be carrying the popular handset.
The news has long been rumored around the internet, however. The price won’t be anything special, although now you …

News today from the Bush Administration says that they may pass the auto bailout on Wednesday. Like the proposal from the U.S. House of Representatives, the money will be coming from the banking bailout funds.
Treasury Secretary, Henry Paulson, said that the government would not just …

Today the Dow Industrial average dropped 7.7% or almost 700 points on news today that the country is in an “official” recession; and that we have been in one since December 2007. The news also reported that the recession will last well into 2009, or …