Archive for July 25, 2008

Oil’s big decline fails to excite Wall Street

Worries about financial stocks will dominate next week's market. But crude's big fall has started to ease the pain at the gas pump. Techs enjoy a big rally, but auto stocks slide. New-home sales and durable goods orders aren't as bad as expected.

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Small-biz owners working longer hours

The good news: The economy is not as bad as it was in the early 1980s, when unemployment hit 10% and the inflation rate touched the double digits. The bad news: A lot of small business owners think it is.

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Businesses for Sale