Financial & Economic Blog

Wall Street: 100% for a half-point Fed cut

February 29th, 2008 by admin

Ben Bernanke didn't tell Congress this week exactly what the Federal Reserve would do next, but the central bank chief certainly left Wall Street with the impression that a half-point cut is a sure thing.

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Japan stocks slump

February 29th, 2008 by admin

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AIG swings to $5.3 billion loss

February 29th, 2008 by admin

Read full story for latest details.

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Oil gets $103 fever in Asia

February 29th, 2008 by admin

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Oil gets $103 fever in Asia

February 29th, 2008 by admin

Read full story for latest details.

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Dell shares fall on earnings disappointment

February 29th, 2008 by admin

Shares of Dell dropped in after-hours trading Thursday after the computer maker said its fourth-quarter profit fell 6.5%, due in large part to a number of charges it took during the period.

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SOA on Wall Street

February 29th, 2008 by admin

Wall Street and Technology magazine posted this article regarding the Future of SOA on Wall Street. Penny and I talked in January, and she did a nice job of quoting me in this article. The only problem is calling BSG Alliance as simply an IT Consultancy. BSG Alliance is a platform firm that help firms become next generation enterprises on demand...

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Stocks sink on recession fears

February 29th, 2008 by admin

Stocks slumped Thursday after comments from Fed chair Ben Bernanke on the banking sector and weak reports on economic growth and the jobs market revived worries about a recession.