Archive for March 27th, 2008

Oppenheimer analyst Meredith Whitney upped the ante on the banking sector Thursday when she predicted Merrill Lynch, UBS, and Citigroup would report worse-than-feared earnings and find themselves once again scrambling for cash.

The kid who delivers your pizza may be charging you an extra buck for gas, but for the guy that trucked the tomatoes, hauled the dough or milked the cows, passing along the fuel increase isn't as easy as pie.

Honestly, Wall Street sometimes seems like Bizarro World in the old Superman comics.

Honestly, Wall Street sometimes seems like Bizarro World in the old Superman comics.

Stocks seesawed early Thursday afternoon, shedding their losses from earlier in the session due to downgrades of Citibank, Bank of America and Merrill Lynch. Techs still lagged as Oracle's sales missed forecasts, sending the Nasdaq lower.

Read full story for latest details.

Read full story for latest details.

When the Washington Nationals play their home opener against the Atlanta Braves on Sunday, the grass on the field won't be the only thing that's green.

I'll let you in on a troubling secret: Ever since I married into a golf family, I've struggled to hide my lack of enthusiasm for the game (it's impossible to hide my lack of talent). It's not the sport itself; it's the time it takes to play 18 holes. Granted, I'm a speed junkie, but after the first nine, I'm done. On a patient day. The poky carts only add to my pain.

Question: Recently I've been reviewing a few financial newsletters that provide market advice. I don't trust most of them but have been intrigued by some. Would I just be wasting my money ($200 or $300 a piece) or could I actually see some better than average returns? How does the current downturn in the economy affect the advice offered by these newsletters?