Archive for June 17th, 2008

Life may get a little bit easier for troubled borrowers.

Goldman Sachs reported a $2.1 billion quarterly profit Tuesday, beating forecasts and showing once again that it has largely avoided the credit crunch that has hurt many of its Wall Street rivals.

Less than three weeks ago, I wrote a column quoting some bond experts suggesting that the yield on the benchmark U.S. 10-Year Treasury note, then around 4%, probably would hit 4.25% in the near future.

Stocks weakened Tuesday afternoon after a bigger-than-expected jump in wholesale inflation revived worries about pricing pressure in an already troubled economy.

What's the greatest comeback by this year's Boston Celtics, who with a win in tonight's Game 6 of the NBA Finals would clinch its first championship in 22 years?

Life may get a little bit easier for troubled borrowers.

Stocks were volatile Tuesday morning as investors welcomed Goldman Sachs' better-than-expected earnings report, but remained wary amid mixed readings on the economy, including a rise in a measure of wholesale inflation.

With gas prices soaring, plugging in has its appeal. But there are trade-offs: high costs and low speed.

Today, unlocked iPhones are offered for up to $700 on eBay. After July 11, they'll sell for a lot less.

There's a reason Steven Boal is fielding calls from hedge fund managers asking what he sees going on in the U.S. economy. As CEO of Coupons Inc., a small web company that is by far the largest provider of downloadable coupons, Boal has an unusual window into just how U.S. consumers are feeling. His data show that his customers - coupon clickers, if you will - are more active than ever, and that means trouble.