Archive for November 5th, 2008

Fuld to depart Lehman under fire

Wednesday, November 5th, 2008
Read full story for latest details.

Buying gold as a safe haven

Wednesday, November 5th, 2008
While gold can diversify your portfolio, it won't shield you from volatility.

Election sets Web traffic records

Wednesday, November 5th, 2008
With unprecedented resources for tracking yesterday's election online, visitors flocked to news sites in droves.

Wells Fargo’s unhappy timing

Wednesday, November 5th, 2008

Bonds weigh bailout and recession

Wednesday, November 5th, 2008
U.S. Treasury prices rose Wednesday as investors weighed the rising cost of the financial bailout with what appears to be a deep and prolonged economic recession.

Clean energy is a good bet

Wednesday, November 5th, 2008
Some people are saying that the clean energy revolution is over, before it has even begun. "Alternative energy suddenly faces headwinds," declared The New York Times. "Winds shift for renewable energy as oil price sinks, money gets tight," reports The Wall Street Journal. "Will the Economic Crash Take Down Our Hopes for Clean Energy?" asks Alternet.

Google pulls out of Yahoo deal

Wednesday, November 5th, 2008
Read full story for latest details.

Bracing for a retail whiplash

Wednesday, November 5th, 2008
Leading retail chains are poised to report the worst monthly sales in eight years on Thursday in another solid sign of an economy in distress.

Dollar mixed as economy weighs on investors

Wednesday, November 5th, 2008
The U.S. dollar was mixed against other currencies Wednesday as investors weighed potential interest rate cuts against more signs of economic weakness.

Fed lending program not yet taking hold

Wednesday, November 5th, 2008
Despite a nearly $150 billion Federal Reserve effort to boost the critical business lending market, early indications show the central bank's program has not yet encouraged investors to buy up corporate debt.