xxxx

The economic downturn will be long, and severe based on the newest numbers turning up.
November showed a 5th straight month of retail declines. The decline was lead by the auto market, which saw the worst month is 26 years. They really need the bailout, …

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 …

This coming up week, Wall Street will be looking to extend its rally after consumers have gone out over the past weekend and began holiday shopping.
Even preliminary reports have said that consumers spent more this weekend than the same weekend 2007. However, the whole …

This week was good for Wall Street. There were 4 days in a row where the S&P increased. Even with the news about the downward spiraling economy, the markets reacted positively.
With consumer confidence levels dismal and home prices the lowest they have been in …

Wall Street Journal’s Brett Arends and Dow Jones Newswires’ Simon Constable give a little humor to holiday shopping with 12 ideas for inexpensive holiday gifts from a New York perspective.
Some of the ideas are useful, like giving a Starbucks gift card (so the receipent can …