Financial doom and other fairy tales
Go ahead and read those apocalyptic books on the economy if you like a good scare. But be sure you recognize fiction when you see it.
Archive for May 5, 2008
A fund that’s not at market’s mercy
When the market turns down, investors too easily settle for weak returns. Here's one mutual fund that shows you can make money even when others aren't.
The high risks of low interest rates
When interest rates are lower than inflation, we're bailing out Wall Street at the expense of retirees and working people trying to save money. That's not sustainable.
Yahoo tumbles; crude oil tops $120
Yahoo investors sell after Microsoft gives up on a $47.5 billion offer; Microsoft shares drop as well. Stocks fall as crude oil tops $120 for the first time and ends at a new closing high. Sprint may sell or spin off Nextel.
Microsoft, Yahoo to rethink Internet options
A buyout was supposed to provide the software giant with the heft needed to block Google in Web search and online advertising. Now, it's back to the drawing board.