Breaking news from The New York Times states that financial stocks led a broad market rally. The Dow is now above 7,000. All this despite a jump in jobless claims and a cut in General Electric’s credit rating. I wouldn’t be getting my hopes up that it will keep going up or even stay above […]
I just received a breaking news alert from The New York Times that a USAirways plane carrying 146 passengers and 5 crew members is now mostly submerged in the Hudson River after a failed attempt to return to the airport. It is believed that the plane may have hit a flock of birds. Rescues are […]
A breaking news alert from the New York Times just came in. According to the Labor Dept., the jobless rate jumped to 7.2% as more that 524,000 nonfarm jobs were lost in December. More than 11 million Americans are now unemployed, the most in nearly 25 years. That now puts the unemployment rate up 2.2 percentage points since April. […]
I just read a New York Times breaking news release about the World Series. The Tampa Bay Rays did not win, but heck, they actually made it to the series. That’s a good thing. But that’s not the thing that puzzles me. Why do they call these games the World Series? The world has nothing […]