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A new normal? That’s what one financial services guru says America consumers can expect now that the housing market has collapsed and people are losing their jobs in droves. “The worst is yet to come," adds Howard Davidowitz, chairman of Davidowitz & Associates. He thinks that the once lofty American's …
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The stock market seem to be stabilizing, aided by news that the Federal Reserve will buy up short-term debt in order to get companies financially interacting again. I won't get into the gruesome details, but buying up short term debt (known as commercial paper on Wall Street - a mechanism … |
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The impact from the ongoing credit crisis is finally starting to translate into layoffs for the tech sector. The folks I'm talking to say that AT&T, Apple, Yahoo, Sun, eBay, Microsoft, Nortel, HP, EDS, and even Google are going to be passing around pink slips with alarming aggressiveness in weeks … |
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There’s an old joke that the definition of a successful politician is a person who can stand on a fence and make voters believe it’s a platform. That’s a tall order, however, for presidential candidates John McCain and Barack Obama – especially when it comes to their economic policies (and … 
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Surprising news from the Yahoo camp late this afternoon, with Yahoo announcing that it will begin a limited test of Google Inc.'s AdSense for Search service, which will deliver relevant Google ads alongside Yahoo’s own search results. According to a statement from Yahoo, the test will apply only to traffic …
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Today's trading was flat, with most of the tech news coming from the Yahoo & Microsoft camps. Microsoft seems to be getting all Tony Soprano-like on the Yahoo board, issuing a pointed letter that emphasized an April 26 deadline for accepting its $44.6 billion takeover bid for the mega-web portal. … |
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Kind of a quiet week in the technology corner of the stock market. That's not so bad, as people can exhale and figure out if the latest Federal Reserve move to cut the Fed Funds rate by .75 points signals the bottom (finally) of the bearish stock market. if so, … 
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The End.