Archive for July 3rd, 2008

Luxury these days is a tale of two markets: consumers continue to snap up high-priced Louis Vuitton bags even as they balk at paying full price for Coach handbags. The same can be said of demand for works of art.

Service sector business activity declined in June, according to a key survey released Thursday that showed continued economic weakness.

It's appropriate, as we head into a long holiday weekend to celebrate America's independence, that the dollar rallied a bit Thursday.

A big reason that Fiona Saulness has saved as much as she has for retirement is real estate.

American Airlines said on Thursday that it plans to cut nearly 7,000 full-time employees, or 8% of its total staff, by the end of 2008.

Blue chips gained Thursday morning as investors took in stride higher oil prices and a mostly in-line jobs report - and breathed a sigh of relief that the dollar held up despite a rise in interest rates overseas.

If you don't fully understand what they're selling, you probably shouldn't be buying.

The employees of Lincoln Industries are all physically fit. Marc LeBaron demands it.