Financial & Economic Blog

Stocks head lower at open

admin — Fri, 18 Jul 2008 13:45:10 +0000

U.S. stocks turned lower after Friday's open, as some negative quarterly results - particularly in the tech sector - weighed on the markets.

Getting a handle on stagflation

admin — Fri, 18 Jul 2008 13:32:36 +0000

Sure, inflation is scary, but the real boogeyman in the economy is stagflation. Here's the lowdown.

Republic rejects Waste Management bid

admin — Fri, 18 Jul 2008 13:32:08 +0000

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Businesses brace for minimum wage hike

admin — Fri, 18 Jul 2008 13:26:34 +0000

With commodity, fuel and insurance costs hitting record highs, small-businesses owners are anxious about next week's federal minimum wage hike, which will require employers in 18 states to raise their base rates by 70 cents per hour, to $6.55.

Freddie mulling stock sale - report

admin — Fri, 18 Jul 2008 13:18:00 +0000

Battered U.S. mortgage finance giant Freddie Mac is mulling a plan to raise capital by selling up to $10 billion in new shares, according to a published report.

Freddie Mac mulling stock sale - report

admin — Fri, 18 Jul 2008 13:17:58 +0000

Battered U.S. mortgage finance giant Freddie Mac is mulling a plan to raise capital by selling up to $10 billion in new shares, according to a published report.

Teva to buy Barr for $7 billion

admin — Fri, 18 Jul 2008 12:25:59 +0000

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Citigroup loses, but surprises Wall Street

admin — Fri, 18 Jul 2008 12:24:18 +0000

Citigroup booked a $2.5 billion quarterly loss Friday, but surprised many as it took fewer painful marks against its books and stayed ahead of Wall Street's dreary earnings projections.

Citigroup loses, but surprises Wall Street

admin — Fri, 18 Jul 2008 12:24:16 +0000

Citigroup booked a $2.5 billion quarterly loss Friday, but surprised investors as it took fewer painful marks against its books and stayed ahead of Wall Street's dreary earnings projections.

Mattel profit nearly halved

admin — Fri, 18 Jul 2008 12:23:20 +0000

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