Wednesday, March 19, 2008

Stocks Jump
The Dow Jones soared by 420 points Tuesday on good earnings news from Goldman Sachs, an interest rate cut from the Fed, and news of a 50% off weekend sale at The Emperor's Club.

The Fed cut interest rates by three-quarters of a point Tuesday... which means the rich guy who ends up buying your foreclosed house is going to get a great deal.

Iraq War Cost
A new study shows that the war in Iraq will wind up costing the United States more than three trillion dollars. But President Bush is quick to point out that, thanks to the collapsing U.S. economy, three trillion dollars is really only two trillion euros.

Visa IPO
Visa is going public today in a record-breaking $17.9 billion IPO... but most of that was paid for on credit cards.

Iraq Decision
Iraq's presidential council has withdrawn its objection to a provincial elections law, paving way for Oct. 1 vote. It turns out the Iraqis didn't want things to get as violent as the voting disputes surrounding the Democratic primaries in Michigan and Florida.


Post a Comment

<< Home