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President Bush gives his final press conference

This morning, President Bush gave his final press conference as the Head of State. It was surprisingly candid for such an event. He brought up topics that he didn’t like bringing up and even admitted some mistakes.
One mistake for example, was hanging a Mission Accomplished …

Walmart stores miss forecast, bad news for even discount retailers.

Today Wal-Mart cut its 4th quarter earnings forecast because same-store sales had missed projections. The new forecast means that even discount retailers are having a hard time with the troubled economy.
Today’s reports were, not surprisingly, dismal, and accompanied by at least a dozen profit warnings, …

No bonus for Goldman Sachs CEO

Goldman Sachs CEO, Lloyd Blankfein, and six other executives will not be receiving stock or cash bonuses this year.
Surprisingly enough, the decision was made by the seven executives themselves because they feel like it was the right thing to do.
This is the most responsible …

Basics of Frugal Living

In an economic downturn, most of us have to tighten our belts in order to pay the bills on time and make sure all the necessities of life are met. Living on the cheap does not necessarily mean that you have to do without, but …

Going out to eat may be getting cheaper

It seems as though there has been some price wars among both sit down and fast food restaurants. The restaurants, in their commercials, aren’t saying that they are cheaper than another restaurant alternative, but at least one is saying they are cheaper than making …