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Archive for the ‘Money’ Category

Dow off 131 on higher oil, economic worries

Tuesday, August 19th, 2008

The Dow has lost 310 points in 2 days. Financial stocks slump again. Housing starts hit a 17-year low. Home Depot’s profit falls 24%; Target earnings fall 8%. Producer prices rise 1.2% in July. Oil jumps above $114.Original post by Charley Blaine and Elizabeth Strott

Housing starts hit 17-year low

Tuesday, August 19th, 2008

More pain from the housing crunch: Home Depot’s profit falls 24%, although the company beats the Street and reiterates full-year guidance. Producer prices rise more than expected. Oil jumps after several days of declines.Original post by Charley Blaine and Elizabeth Strott

Is the dollar’s comeback for real?

Monday, August 18th, 2008

The greenback’s weakness sent foreign stocks soaring by the past few years, and many investors cashed in. Be careful now, considering the tables are turning.Original post by Tim Middleton

The key to our wild market: Asia

Monday, August 18th, 2008

As developing giants like China and India grapple with high inflation and slowing growth, the world feels their effects. Now is the duration to hedge with commodities.Original post by Jim Jubak

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