Friday, December 14, 2007
Markets Friday, 12/14/2007
| Dow : 13339.85 down 178.11
| S & P : 1467.95 down 20.46
| NASDAQ: 2635.74 down 32.75
| Bond (10Y): 4.23%, 100.09
MARKETS:
Economic jitters slam stocks
Wall Street retreats after a report showing a jump in consumer inflation
sparks worries that the Fed won't be able to keep cutting interest
rates.
U.S. stock indexes close with weekly losses of more than 2%
22:06:08 (GMT)
U.S. stock indexes close with weekly losses of more than 2%
NEW YORK
U.S. stocks fell Friday, with the major indexes slammed by their worst
weekly drop in five weeks, as rising inflation fed investors' fears
about the economy, while reducing the odds of another Federal Reserve
rate cut next month.
Citigroup to take $49 bln of SIV assets onto balance sheet
BOSTON
Citigroup Inc. shares fell 1% on Friday as investors digested news the
banking giant will take $49 billion worth of assets from several
investment vehicles that have been damaged by the credit market crisis
and add them to its own balance sheet.
Senate passes mortgage-relief bill
WASHINGTON
The Senate on Friday approved legislation that would make it easier for
homeowners facing potentially higher mortgage payments to get help from
the government.
Father's Abandonment Molded Obama
December 14, 2007
Father's Abandonment Molded Obama
The last time Barack Obama saw his father was in 1971, when he was 10
years old. That visit set in motion a journey to make sense of his
father, so that he could make sense of himself, the Washington Post
reports.
Stocks slump. Dow and Nasdaq end more than 1% lower as a report showing a jump in consumer inflation jostles investors.
16:00:45 -0500
Stocks slump. Dow and Nasdaq end more than 1% lower as a report showing
a jump in consumer inflation jostles investors.
Consumer price increase higher than economists' forecasts, Dow Jones reports.
Consumer price increase higher than economists' forecasts, Dow Jones
reports.
Thursday, December 13, 2007
Breaking News: Report says big baseball names used steroids
14:23:08 -0600
Major League Baseball failed to recognize it had a problem with
performance-enhancing drugs, which led to an environment "in which
illegal use became widespread," former senator George Mitchell said
Thursday in releasing a long-awaited report.
Stocks end mixed. Dow finishes slightly higher, Nasdaq tip-toes lower as investors fight inflation-fueled economic fears.
16:00:45 -0500
Stocks end mixed. Dow finishes slightly higher, Nasdaq tip-toes lower as
investors fight inflation-fueled economic fears.
News Alert! Mitchell Report On MLB Drug Use Released
14:14:20 -0500
Former U.S. Senate Majority Leader George Mitchell says his 20-month
investigation into drug use in major league baseball found each of the
30 clubs had a player or players involved in taking illegal substances.
Hillary Clinton Gets The Jitters
Clinton heads into the final Democratic debate before the Jan. 3 Iowa
caucuses on Thursday with her earlier aura of inevitability gone,
reports the Washington Post. She is essentially tied with Barack Obama
and John Edwards.
Clinton heads into the final Democratic debate before the Jan. 3 Iowa
caucuses on Thursday with her earlier aura of inevitability gone,
reports the Washington Post. She is essentially tied with Barack Obama
and John Edwards.
Forums:
新聞評論：南京大屠殺70周年
中國當局審慎處理南京大屠殺七十周年紀念，您如何看中日對待這個歷史事件的方式。
More...go to
http://www.bloglines.com/blog/johnDispatch
New Warning On Arctic Ice Cap Melting
Breaking News
New Warning On Arctic Ice Cap Melting
An already relentless melting of the Arctic greatly accelerated this
summer, a warning sign that some scientists worry could mean global
warming has passed an ominous tipping point. One speculates that summer
sea ice might be gone in just five years.
Breaking News: Wholesale prices post biggest jump in 34 years
WASHINGTON - The government's index of wholesale prices surged 3.2% in
November, a 34-year high, on a record rise in gasoline prices, the Labor
Department said Thursday.
Wednesday, December 12, 2007
Breaking News: Ike Turner dies
SAN DIEGO (AP) ; Ike Turner, whose role as one of rock's critical
architects was overshadowed by his ogre-like image as the man who
brutally abused former wife and rock icon Tina Turner, died Wednesday at
his home in suburban San Diego. He was 76.
Crude oil jumps nearly 5% to $94.39 -- highest Nymex close since November
Bulletin: Crude oil jumps nearly 5% to $94.39 -- highest Nymex close
since November
U.S. trade gap widens slightly to $57.8 billion, just above estimates.
U.S. trade gap widens slightly to $57.8 billion, just above estimates.
Series Of Blasts Kills Dozens In Iraq
December 12, 2007
Series Of Blasts Kills Dozens In Iraq
Three car bombs, one right after the other, have killed at least 27
people in the city of Amarah, along Iraq's southern border with Iran.
The Shiite-dominated area has largely escaped the country's wide-spread
sectarian bloodshed.
Federal Reserve in coordinated effort with other central banks to address credit crunch.
Federal Reserve in coordinated effort with other central banks to
address credit crunch.
Oil prices remain higher after weaker-than-expected crude inventory.
Oil prices remain higher after weaker-than-expected crude inventory.
Breaking News: Fed acts to ease credit crunch
WASHINGTON (AP) - The Federal Reserve announced Wednesday that it is
coordinating with other central banks to deal with a global credit
crunch.
Tuesday, December 11, 2007
MarketsTuesday, 12/11/2007
| Dow : 13432.77 down 294.26
| S & P : 1477.65 down 38.31
| NASDAQ: 2652.35 down 66.60
| Bond (10Y): 3.96%, 102.28
MARKETS:
Wall Street to Fed: Not good enough
Stocks tank after the Fed cuts rates by a quarter-percentage point,
rather than the half some had hoped. Dour comments on the economy factor
in too.
Fed Cuts Interest Rates Again
Breaking News
Fed Cuts Interest Rates Again
The Federal Reserve cut a key interest rate by one-quarter of a
percentage point to 4.25 percent, the third rate cut in three months.
Fed officials signaled more cuts were possible if the housing slump and
the mortgage crisis got worse.
Federal Reserve lowers key interest rate by a quarter point - its third straight cut - to help stave off recession.
Federal Reserve lowers key interest rate by a quarter point - its third
straight cut - to help stave off recession.
Forums:
中情局是否應該搞溺水逼供？
中情局使用溺水逼供是否有道理？這種假裝要淹死受審者的溺水逼供是否是一種刑罰？溺水逼供的做法被揭露對美國意味著什么？ More...go to
http://www.bloglines.com/blog/johnDispatch
Twin Blasts Kill Dozens In Algeria
December 11, 2007
Twin Blasts Kill Dozens In Algeria
Two bombs have targeted a court and a United Nation's office in the
Algerian capital city, killing at least 45 people, according to
officials. The blasts come amid a surge of violence in Algeria by al
Qaeda's North Africa franchise.
Monday, December 10, 2007
Cops Search Home After 2 Church Shootings
December 10, 2007
Cops Search Home After 2 Church Shootings
Police believe two shootings at religious sites in Colorado may be
related: a shooting at a missionary training center in Colorado Springs,
which claimed two lives, and a shooting at a Denver area megachurch
Sunday, December 09, 2007
Breaking News Sun., December 9, 2007
APPARENT GUNMAN AND ONE VICTIM SHOT DEAD AT COLORADO'S NEW LIFE CHURCH;
UNCLEAR IF INCIDENT WAS RELATED TO TWO EARLIER KILLINGS ABOUT 70 MILES
AWAY AT A MISSIONARY CENTER
Breaking News Sun., December 9, 2007
SEVERAL PEOPLE SHOT AT COLORADO'S NEW LIFE CHURCH; UNCLEAR IF RELATED TO
EARLIER KILLINGS ABOUT 70 MILES AWAY AT MISSIONARY TRAINING CENTER
