Recession Time
BusinessWeek - by Peter Coy Wall Street got its hopes up on Mar. 11. Elated by a Federal Reserve move to stop the credit crunch, the U.S. stock market posted its biggest one-day gain in five years, with the Dow Jones industrial average rising more than 400 points
TOP OF THE TICKET Blog Excerpts
Los Angeles Times - There was a new poll last week from the Wall Street Journal/NBC News showing support for Hillary Rodham Clinton and Barack Obama has remaining tight nationally, with Obama edging ahead within the margin of error. There’s good news in the poll for
Hollywood looks for a new smash
Boston Globe - It’s not a niche thing anymore. We’ve had senators, congressman, doctors, lawyers, Wall Street guys get into fighting. Women, too.” Somewhere, there’s a motion picture in that.
THE BUSINESS OF
Biloxi Sun Herald - Hemlines rise and fall nearly like the fortunes of Wall Street. White cotton gloves now seem as quaint as petticoats. But for some women, an outfit just isn’t complete without the right hat, and some stores cater to that accessory. Easter is the hat
Madrid shares TFN at a glance outlook
Forbes - -The broad market is expected to open flat to slightly higher after Wall Street’s late recovery triggered by Standard & Poor’s prediction that the big subprime asset writedowns by financial companies might be nearing an end. But losses in Asia and
Euroshares open flat as Asia woes offset Wall St recovery; Prudential
Forbes - Overnight on Wall Street, the DJIA reversed earlier losses to close 35.50 points higher at 12,145.70, while the S&P 500 index shut up 6.75 at 1,315.50 and the Nasdaq Composite index ended 19.74 ahead at 2,263.61.
Palmer pilots Tiger with pep talk, then Tiger tames the Palmer
CBS Sportsline - ORLANDO, Fla. — You never know who you’re going to run into around the Bay Hill Club & Lodge, a popular wintering spot this time of year. Might be a baron of industry, kingpin of Hollywood, captain of Wall Street or perhaps even the undisputed king
Wall Street awaits inflation reading
CNN Money - NEW YORK (CNNMoney.com) — Stock futures drifted early Friday as investors awaited a key inflation reading and a speech from Federal Reserve Chairman Ben Bernanke. About three hours before the start of trading, Nasdaq and S&P futures were narrowly
Is Wall Street Close to a Bottom?
Muscatine Journal - NEW YORK - Investors nursing whiplash symptoms after watching the market’s recent wild swings might find that Wall Street will deliver some relief in the coming weeks. While volatility isn’t going to disappear overnight, some experts suggest the market
Homes project at a crossroads
Los Angeles Times - The bonus is putting vast sums into the pockets of billionaire mortgage CEO’s and insiders on Wall Street. The only problem I see: not enough middle income homes to distribute as perks for the relatives and friends of the developers.
Klayman & Toskes Files Arbitration Claim Against Wachovia On Behalf of
MSNBC - Klayman & Toskes, P.A., an experienced and nationally recognized securities litigation law firm, continues its representation of investors throughout the world in securities arbitration and litigation matters against major Wall Street brokerage firms
Road trip movie maker driven
Times-Leader - The innovative “Bonneville” marketing plan has raised eyebrows in the industry, even earning a prominent story in The Wall Street Journal’s advertising column.
Part-time workers pile on the jobs
Steamboat Pilot & This day - Part-time employment is increasing nationwide, statistics show, and the scene appears to be thriving in Steamboat Springs. The Wall Street Journal reported last week that more people — an average of 1.8 million in 2007 — are working multiple part
Wall Street Stocks Head for Lower Open
Washington Post - People with umbrellas walk by a Tokyo brokerage’s stock indicator showing Japan’s benchmark Nikkei 225 stock index Friday, March 14, 2008. Japan’s main stock index extended losses Friday to a fresh low for the year as traders sold exporter issues
Fed takes action to save Bear Stearns
World Link - The Fed announcement came in a brief two-sentence statement that was issued as stocks were plunging on Wall Street over worries that a plan to ease a liquidity crisis at Bear Stearns Cos. might not work.
Ahead of the Bell: Consumer Sentiment
Boston Globe - The market expects a reading of 69.5, according to a consensus estimate of Wall Street economists surveyed by Thomson/IFR. That’s slightly down from February’s 70.8 reading, the lowest final monthly reading in 16 years.
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