Tumbling consumer confidence and home prices had a salutary effect Tuesday as evidence of a slowing U.S. economy helped pull oil down below $130 per barrel.With traders focusing on the “oil is down” vs. …
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From Silicon Alley Insider, May 27, 2008:From Clusterstock: Borders (BGP) has officially severed its relationship with Amazon.com (AMZN) and is now running its own web site
for the first time in 7 years (the site had been powered by Amazon). …
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Crude’s surge is taking a breather Tuesday, but the “fundamentals vs. speculators” debate rages.George Soros and OPEC general secretary Abdalla Salem El-Badri argue oil’s
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“Still talking, still no deal” is the bottom line of the ongoing Microsoft-Yahoo-Google saga after a long weekend many believed would bring a transaction of one kind or another.”To summarize: Takeover talks between Yahoo and Microsoft are o
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In part one of a planned three-part series, The Wall Street Journal goes into painstaking detail today about the “final days” of Bear Stearns. The story reveals indecision among Bear’s top management about the solution to their mortgage-related
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If there’s a duel between financial heavyweights Alan Greenspan and Warren Buffett, the most recent data says “the Oracle” is right.”I still believe there is a greater than 50% probability of recession,” Greenspan tells The Financial T
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