GE, Citi Gains Fade as Open Approaches
By David Gaffen For whatever it’s worth, Citigroup and General Electric, two American giants that have been struggling through this recession, …
Archive for April, 2009
Stocks seesaw in early trading
By CNNMoney.com staff Including salary, bonuses, stock and options, these public company CEOs took home pay packages last year worth up to $104 million. NEW YORK (CNNMoney.com) — Stocks were mixed to lower Friday as investors welcomed better-than-expected earnings from Citigroup and General …
FOREX – Dollar rises to one-month high versus euro
By Wanfeng Zhou NEW YORK, April 17 (Reuters) – The US dollar jumped to a one-month high against the euro on Friday after a speech by the European Central …
Stock Market Game Week in Review
The Stock Market Game is a curriculum-based teaching tool that allows students to invest a hypothetical $100,000 online stock portfolio to learn about long-term saving and investing. Despite the troubling pirate news off the coast of Somalia as well as the earthquake in Italy, there were some …
US ECON: March Housing Starts Fall 10.8%; Record Low Permits
Washington, April 16 – Housing starts in March fell by a larger than expected 10.8% to a 510000 annual rate while building permits issued in the month fell to a new record low, the Commerce Department reported today.
EBay Offers to Buy Korea’s Gmarket for $1.2 Billion
By Kevin Cho and Joseph Galante April 16 (Bloomberg) — EBay Inc. offered to buy South Korean online auctioneer Gmarket Inc. for $1.2 billion in cash, seeking to expand in the world’s most connected Internet market after posting its first sales decline …
DC Tax Protest Is No Tea Party
Despite the rain, hundreds of protestors gathered Lafayette Park to demonstrate on tax day. Organizers were prohibited from dumping one million tea bags, as originally planned.
U.S. Housing starts dive 10.8% in March
Housing starts fell 10.8% in March to a seasonally adjusted annual rate of 510000 from 572000 in February. It’s the second-lowest rate since the 1940s. …
Worker expectations for comfortable retirement plunge, survey finds
Hardly anyone these days is very confident that he or she will have enough money to live comfortably in retirement, according to the 19th annual Retirement …
Foreclosure filings jump 24%
March and first-quarter total filings were the highest monthly and quarterly totals on record. Repossessions fall 3%. By Julianne Pepitone, CNNMoney.com …