Archive for May 22nd, 2008

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While consumers, air carriers and lawmakers have been struggling with the burden of surging oil prices, the stock market has remained curiously nonchalant. Until this week.

I hate all these newfangled airline surcharges as much as the next guy or gal.

Stocks gained Thursday afternoon, as investors moved back into stocks after a two-day plunge. However, any advance was limited by ongoing worries about inflation and the economy.

Stocks rallied and bonds slumped Thursday morning, with investors jumping back into equities after a two-session plunge, even as commodity prices hovered near all-time highs.

This military couple's plan is to save one paycheck and live off the other. That has them well on their way to meeting their financial goals.

The prices of homes sold in the first quarter of 2008 posted a record decline, according to a new report from the Office of Federal Housing Enterprise Oversight.

Domestic flight delays cost the industry and passengers $40.7 billion in 2007, according to the Joint Economic Committee from the House and Senate, which released a report Thursday.

The Times of London calls C.K. Prahalad "the No. 1 most influential management thinker in the world." I wouldn't argue. And he's about to contribute another important idea to business.

Crude oil prices slipped a bit Thursday after posting another record high earlier in the morning.