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Username:  sohot
Real Name:  Puto Lump
Location:  United States
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Oil Prices Fell to 20 Month Low
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Posted by sohot 7 days ago (myvoiceoflife.blogspot.com).  Views: 8
Tags: oil  opec  economy  economics  prices
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Oil prices dropped on Tuesday to their lowest level in 20 months on, since March 2007, as one of the worst economic slowdowns in recent months continued to slower consumption around the world.
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Consumers Cutback, GDP Contracts in Third Quarter, a Recession Call?
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Posted by sohot 18 days ago (myvoiceoflife.blogspot.com).  Views: 10
Tags: gdp  economy  economic growth  consumers  recession
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The U.S. economy shrank during the third quarter as consumers cut back on their spending by the largest amount in 28 years, underscored the terrible toll of the housing, credit and financial crises as well as sent the strongest signal the country has [More...]
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Fed Slashed Rates to One Percent as Economy Deteriorating
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Posted by sohot 21 days ago (myvoiceoflife.blogspot.com).  Views: 13
Tags: interest  rate  fed-funds  economy  interest-rate  bank  central-bank  the-fed
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The Federal Reserve on Wednesday lowered its target for overnight federal funds rates by a half point to 1.0 percent in effort to turn around the economy hit by financial crisis. The vote to lower the Fed funds rate was unanimous. The cut marked the [More...]
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Home Prices Fall 20.3 Percent From June 2006 Peak
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Posted by sohot 21 days ago (myvoiceoflife.blogspot.com).  Views: 9
Tags: home  home-prices  economy  economics
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A closely watched gauge of U.S. home prices, the Case-Shiller Home Price 20-city index, dropped 1percent in August and fell a record 16.6percent from the previous year as the downturn in residential real estate prices continued, Standard & Poor [More...]
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U.S. Consumer Confidence At Lowest Level Ever
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Posted by sohot 21 days ago (myvoiceoflife.blogspot.com).  Views: 7
Tags: consumer-confidence  economy  economics  investing
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U.S. consumer confidence plunged in October to its all-time low as consumers badly hurt by the financial crisis, the Conference Board reported Tuesday.
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Visa and MasterCard settled antitrust lawsuit by Discover
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Posted by sohot 36 days ago (powerofspeech.wordpress.com).  Views: 17
Tags: card  credit card  credit  mastercard  visa  discover  monopoly  antitrust
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Card networks Visa Inc and MasterCard Inc and Discover Financial Services Inc, the fourth-biggest U.S. credit card company
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U.S. stocks continued sinking, Dow dived under 9,000
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Posted by sohot 41 days ago (myvoiceoflife.blogspot.com).  Views: 23
Tags: financial-crisis  investing  investment  stocks  stock-market  market-index  
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U.S. stocks stumbled again Thursday with the major indexes down for seventh consecutive days as credit worries continued to roil. The sell-off was exaggerated by a news that a major credit ratings agency was considering cutting its rating on General [More...]
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Global stock markets tumbled, Dow fell below 10,000 for first time since 2004
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Posted by sohot 44 days ago (smartinmoney.com).  Views: 30
Tags: stocks  investing  stock market  stock index  financial crisis  credit crunch
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Wall Street and stock markets worldwide tumbled Monday as financial crisis worries spread around the globe, driving the Dow Jones Industrial Average to its biggest loss ever during a trading day before recovering to with a loss of 370 points or 3.58 [More...]
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Congress approved $700 billion bailout of financial industry
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Posted by sohot 47 days ago (myvoiceoflife.blogspot.com).  Views: 27
Tags: financial crisis  investing  economy  economics  bailout bill  rescue bill
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The rescue bill that Congress finally passed will limit panic in the financial markets, since it gives the government vast new authority to remove toxic securities
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Home prices tumbling at record annual rate in July
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Posted by sohot 50 days ago (myvoiceoflife.blogspot.com).  Views: 27
Tags: home  home prices  economy  economics
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Home prices in 20 major U.S. cities tumbled at a faster pace in July, sending home values down a record 16.3percent from the year-ago period
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Stocks free-fall as House knocks down bailout plan
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Posted by sohot 51 days ago (myvoiceoflife.blogspot.com).  Views: 27
Tags: stocks  stock market  wall street  investing  financial crisis  dow
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Stocks plunge and Dow falls more than 777 at lows as financial bailout plan fails in House vote. The Dow index passed by far its previous record for a one-day drop
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