Finance

Buffett’s $93,000 shares are a steal

By NBCNews

The Oracle of Omaha has taken advantage of financial turmoil to lift his company’s real value, and its shares could trade for 0,000 or even 5,000 in the next year.

How long can the rally last?

By CNNNews

The Dow Jones industrials stormed past the 9,000 mark Thursday for the first time since January, as traders delighted in surprising corporate profits and a rise in housing sales. But are the markets getting ahead of themselves?

Why you won’t like the recovery

By NBCNews

Many Americans have felt the pain of recession — and have pay cuts or fruitless job searches to prove it. Evidence of the recovery, unfortunately, likely won’t be as tangible.

Microsoft’s Revenue Falls 17%; PC Slump Continues

By NYTimes

The company significantly missed Wall Street’s revenue target and reported the first decline in full-year revenue in its 34-year history.

Amazon profit falls 10%

By CNNNews

Read full story for latest details.

Dow Closes Above 9,000 for First Time Since January

By NYTimes

Sales of existing homes rose 3.6 percent in June, and a flurry of earnings reports were generally positive.

Finding work after 50

By CNNNews

Landing a job is tough and a new study shows that no one is finding it more difficult than older workers. Of those who did find work, many are having to settle for entry-level jobs. Others are starting their own businesses.

Bearish on bonds

By CNNNews

When other mutual funds were flourishing, First Pacific Advisers’ New Income, a conservative fund that invests in different types of bonds, struggled: It returned just 2.6% in 2004 and 1.6% in 2005, lagging the average intermediate-term bond fund, and suffered net redemptions of 2 million between May 2005 and May 2006. Since the credit market [...]

GM sales fall 22% in first half of ‘09

By CNNNews

Read full story for latest details.

Bailout risk: $23.7 trillion? More like $3 trillion

By CNNNews

The independent overseer of the 0 billion bailout has caused a ruckus over an important question: How much do taxpayers have on the line?

US Weather

US Current Weather
by weather.com

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