11/26 Dow Continues Up Going into HolidayThe Dow has been up for four straight days, apparently responding to action taken by the Barack Obama transition team as it names its cabinet and bevy of advisors, along with hints that a solution for ailing automakers may be …
U.S. Chamber Applauds Obama's Economic TeamU.S. Chamber of Commerce President and CEO Thomas J. Donohue issued the following statement on the announcement of President-elect Barack Obama's economic team: "President-elect Obama has chosen a strong, experienced economic team. Restoring the nation's economic health must be our …
Indeck Magnolia BioFuel Center Breaks GroundIndeck Energy Services, Inc. of Buffalo Grove, Ill., and Homan Industries of Fulton, Miss., ("The Partners"), invite you to attend the ground breaking ceremony for Indeck Magnolia BioFuel Center wood pellet production plant on Thursday, November 20, 2008 at 12:00 …
Bloomberg: Bush Backing Down on Spending Rest of BailoutBoomberg News is reporting that a beleaguered President Bush is backing down on spending the rest of the bailout package. The Bush administration is under fire for spending half of the bailout in ways that were not intended by Congress. …
12/13 Dow Recovers Nearly Five PercentThursday trading saw the Dow careen back up at the close, presumably on bargain hunting and the sense that a Dow of 8,000 (which it reached briefly) is a floor for this bear market. The real story, however, was intraday …
11/12 Markets Down Again on Jobless NewsThe number of people filing for unemployment benefits hit a staggering number last week -- 516,000, making it the highest week since shortly after the 9/11 terrorist attacks in 2001. The result was another downturn in the market, with the …
11/10 Dow Dips Under 8,900While the dip wasn't as dramatic as in weeks past, the Dow did fall less than a point today lead by U.S. automotive stocks that are taking a hit as they seek a government handout from the government. GM is …
Money Management Tips for the Newly UnemployedJackson, Miss.--- November 7, 2008 With the nation's unemployment remaining high, Consumer Credit Counseling Service (CCCS) of Jackson today reminds people who have lost their jobs to continue paying their bills on time and managing their credit wisely during …
11/6 Markets Down Two Days RunningAfter losing over 500 points yesterday in the wake of the American presidential election win by Senator Barack Obama, the Dow is down another 440 points in mid-day trading. CNN Money says the sell-off is accelerating on concerns that falling …
10/31 Markets End Up for the WeekThe Dow ended up again on Friday, the first time it's been up for two days in a row in the month of October. CNNMoney headlined their story Strong End to a Brutal Month, leading with: "Stocks rallied Friday, capping …
Business Owners of Both Parties Supporting ObamaUSA Today is reporting the surprising trend of Republican business owners supporting Barack Obama for president, ending with this quote from one: ""I would rather pay a little higher tax on a higher profit than a lower tax rate on …
Gannett To Cut Another 10 Percent in DecemberOn Tuesday, Gannett Company, the corporate parent of the Clarion-Ledger, announced sharply lower earnings and their intention to lay off another 10 percent of their Newspaper division workforce in early December. The layoffs come just months after another round of …