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CNN

Dollar mixed as sentiment improves

CNN |  August 29th, 2008 | Email this
The dollar was mixed against major currencies on Friday as two better-than-expected economic reports gave the market hope, but rising inflation and higher oil prices weighed.[...]
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Gustav: What's at stake

CNN |  August 29th, 2008 | Email this
The Gulf of Mexico is home to 4,000 drilling platforms and 33,000 miles of pipeline, which send 1.3 million barrels a day to the Gulf Coast's 56 refineries. But a tropical storm threatens to deal a powerful blow to the oil-rich region.[...]
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General Motors recalls 944,000 vehicles

CNN |  August 29th, 2008 | Email this
Read full story for latest details.[...]
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Consumers: The 21st Century Weeble

CNN |  August 29th, 2008 | Email this
Surprise! It appears that the death of the American consumer, just like Steve Jobs, has been greatly exaggerated.[...]
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Stocks slip at open

CNN |  August 29th, 2008 | Email this
Stocks slipped Friday morning as oil prices spiked and a report showed a surprisingly steep drop in personal income, raising worries about a bigger consumer spending slowdown.[...]
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Oil rises as Gustav nears

CNN |  August 29th, 2008 | Email this
Oil prices turned higher Friday as Tropical Storm Gustav passed over Jamaica and threatened oil infrastructure in and around the Gulf of Mexico.[...]
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Captain's Blog, Stardate: 8/28/08

CNN |  August 28th, 2008 | Email this
WHERE ARE WE? An interesting point in time right now. The dollar has climbed while commodity prices (i.e., OIL), have fallen. The question is: Are these aberrations, small counter-moves only temporarily interrupting a much larger trend? Or are these moves a significant reversal? In the case of the dollar, I [...]
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Lehman to lay off 1,500

CNN |  August 28th, 2008 | Email this
Lehman Brothers, the once high-flying investment bank hit hard by the real estate crisis, is planning to lay off 1,500 workers, a source within the company confirmed Thursday.[...]
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Stocks rise on GDP

CNN |  August 28th, 2008 | Email this
Stocks rose Thursday morning, as a surprisingly strong reading on second-quarter economic growth countered higher oil prices and a weaker dollar.[...]
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Sears' profits 62% lower than year ago

CNN |  August 28th, 2008 | Email this
Sears Holdings Corp. said second-quarter profit fell 62% as the retailer continues to struggle to attract customers to its stores despite a high-stakes restructuring. The company also said that it expects that its sales and gross profit margins will continue to be pressured as it sees no near-term improvement in [...]
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How one bank avoided the meltdown

CNN |  August 27th, 2008 | Email this
Not every player in banking is getting clobbered these days. BNP Paribas, which sparked part of the very first global credit-crunch panic when it froze three funds on Aug. 9, 2007, may emerge as the bank least affected by the industry's carnage.[...]
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Dillard's loss widens by $38 million

CNN |  August 27th, 2008 | Email this
Read full story for latest details.[...]
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Stocks strengthen on durables

CNN |  August 27th, 2008 | Email this
Stocks pointed to higher open Wednesday, as a better-than-expected durable goods report offset a jump in oil prices.[...]
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Google's tough sell to Corporate America

CNN |  August 27th, 2008 | Email this
Steve Skinner, the head of information technology for a big Bay Area real estate agency, recently got his umpteenth call from Google. Would Skinner be interested in buying a package of e-mail, word processing and other software known as Google Apps for his company's 1,300 employees?[...]
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Unlocking your home equity

CNN |  August 27th, 2008 | Email this
The housing rescue package that Congress scrambled to pass in July was aimed primarily at stemming foreclosures and shoring up Fannie Mae and Freddie Mac. But it also contains provisions that make reverse mortgages a better deal for older homeowners who want to turn their equity into cash.[...]
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Gas prices continue month-long slide

CNN |  August 27th, 2008 | Email this
Gasoline prices fell yet again, bringing the total decline to 44.7 cents a gallon since July, according to a national survey of gas station credit card swipes.[...]
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Boomers won't bust us - Health care will

CNN |  August 26th, 2008 | Email this
Entitlement has become a bit of a swear word. In Washington, D.C., it's technically a nonpejorative term for government programs like Social Security and Medicare that aren't subject to the usual budget process.[...]
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More Americans insured as government steps up

CNN |  August 26th, 2008 | Email this
The number of Americans without health insurance decreased last year as more people signed up for government coverage, while the nation's median income rose slightly to $50,233, new government figures show.[...]
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Oil drillers scramble for workers

CNN |  August 26th, 2008 | Email this
With oil so lucrative, the exploration and drilling business is booming. But even as Congress debates expanded drilling, companies - flush with oil cash - struggle to find new workers.[...]
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Ranks of uninsured decrease

CNN |  August 26th, 2008 | Email this
The number of Americans without health insurance decreased last year, while the nation's median income rose slightly to $50,200, new government figures show.[...]
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The battle for channel surfers

CNN |  August 26th, 2008 | Email this
If you tuned into the season premiere of AMC's hit show Mad Men as I did, you were probably thrilled - giddy, even - to discover that you would be watching an hour of virtually uninterrupted television. Instead of the usual hash of commercials, BMW, the episode's sole sponsor, ran [...]
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Trying for a rebound

CNN |  August 26th, 2008 | Email this
The stock market was poised for a positive session on Tuesday, as futures rose in pre-market trading following a bad Monday session, and oil prices fell despite weather concerns.[...]
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Stocks hit hard on bank woes

CNN |  August 25th, 2008 | Email this
Credit market woes hit Wall Street again Monday, with the Dow dropping around 242 points in a thinly-traded session also influenced by fluctuating oil prices and a weaker U.S. dollar.[...]
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Stay warm without going broke

CNN |  August 25th, 2008 | Email this
This summer we saw record high gas and oil prices. And this winter season is gearing up to be just as expensive. If you're sick of paying so much for your energy needs, here are some solutions.[...]
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Stocks post morning declines

CNN |  August 25th, 2008 | Email this
Stocks slumped Monday morning, resuming the recent retreat, as rising oil prices, a weaker dollar and more credit market woes dragged on Wall Street.[...]
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