money's Highest Rated Searchles Posts Atom Feed from Searchles Fri Jul 25 23:05:56 -0400 2008 en-us The US consumer is set to collapse db99 Why are expectation-beating results from Wal-Mart so worrying for investors? Because they imply tough times ahead for the whole retail sector... Why rising skylines can lead to falling markets db99 Research suggests that the tallest buildings in the world tend to pop up just before an economic slump. And today, rising skylines across the world could be warning that we’re heading for the same fate… Visa IPO could be largest in US history (AP) chucknorris4ever84 AP - Visa Inc. said Monday its initial public offering could raise up to $19 billion — making it the largest in U.S. history — even though the credit card processor is entering the market at a difficult time. Why the Fed is just making everything worse db99 By slashing interest rates to 3%, or -1.1% in inflation-adjusted terms, the US central bank is effectively giving money away. But that's no way to restore confidence - or help people rebuild their finances. Cyprus and Malta adopt the euro rooh The Euro and American Pop Culture db99 If you think that Jay-Z’s endorsement of the euro over the dollar should have no serious effect on the world, think again... Russian capitalism - Russian passion for stocks and shares rooh US dollar touches a new euro low Landani The US dollar tumbled to a new euro low in Asian trade as concerns over the state of the US economy deepened. Why US stock markets have further to fall db99 For the first time in four years, US markets have officially undergone a correction. But with the financial sector looking decidedly bearish, not to mention the '100% likelihood' of a recession, they won't stop there. Euro hits record high against the dollar Gambo LONDON: The dollar sank to fresh record lows beyond $1.40 per euro on Thursday, weighed down by a hefty U.S. interest rate cut earlier this week and expectations of more moves to come. For Americans in Europe, sticker shock harp HEIDELBERG, Germany: A day after Michael Kingsley arrived in this romantic university town, he was in no mood to savor the cobblestone streets, the half-timbered houses or the flower-bedecked windows - to say nothing of the camera-ready castle on the hill. Barclays abandons ABN Amro offer harp Barclays is to drop its bid for Dutch bank ABN Amro, clearing the way for a group led by the Royal Bank of Scotland to buy it. Dow Jones closed above 14,000 on July 19, 2007 Beamer Caterpillar, Google disappoint; futures lower a day after Dow Jones industrial average closes above historic milestone for first time ever. Value of dollar falls to new low against the euro harp Evidence suggests credit crisis is not over db99 Far from being over, the credit crunch has several more episodes still to run. When the going gets tough, banks yelp for nanny db99 Remarkable, isn't it, just how quickly champions of laissez-faire solutions can become advocates for state intervention. All it takes is for their gravy-train to break down. Global Economy, Yen and the Euro on the Financial Times invest4wealth Insight: Forget the falling dollar but fear a rising yen, by Ken Fisher of Fisher Investments Japan is the next sub-prime flashpoint db99 There is still $300bn of bad debt out there, and Japan could be hiding most of it. Wachovia Bank Tells Man He Owes $211 Trillion phassan COBB COUNTY, Ga. -- It’s one thing to bounce a check and it’s another to be so far in the red Bill Gates, Warren Buffet and Donald Trump combined couldn’t come close to bailing you out. A Cobb County man got a letter from his bank with that very shocking news. EU to press China over yuan Landani