What do we think Ben Bernanke is going to say today and how closely will the market be listening? First of all, the market is going to listen very carefully, and secondly, we have to compare what Bernanke is going to say when compared to the interest...
We were invited to open up a store there. We did very well. And then all of a sudden it was reported by a local blogger that perhaps we were being disrespectful of the history and culture of China. And I think for us as soon as that occured, you know...
This was yesterday after stocks looked like they were ganna rally at the beginning, there was some barginning hunting... at the begining and then those sub-prime mortgage worries kicked in once again, we seem to be in, in a bit of a perfect storm her...
Rising prices could cause cheap imports from China to become more expensive and this comes as Chinas commerce ministry admits that a slowdown in the US could spark a drop in Chinese exports and mark a turning point for Chinas economic growth. Shopper...
There were two anti-US firebrands, Iran and Venezuela who are making the most noise, and they were saying that the weaker US dollar is to blame for the record high oil prices. Currently oil export earnings are denominated in US dollars. And that's on...
Famously generous with their bonuses but hard hit by the sub-prime mortgage crises, big investment banks are facing a dilemma this year---to reward or not to reward. Can the big banks get away with handing out chunky bonuses in the face of ailing pro...
Almost 3 in 5 people wont plan a holiday budget this year dont fall into this trap. First you will need to figure out how much you should spend on gifts. You wanna make sure you can pay off your bills in one to two months. Since some financial planne...
Scripts: Accompanied by his wife and attorney, Texas oil man Oscar Wyatt arrived at Federal Court, unsure what his sentence would be. Wyatt had already pleaded guilty to conspiracy in a scheme to defraud the massive oil-for-food assistance program. P...
I think it is quite important and in particular what it shows is that engagement with China can work. And thats what we are attempting to do in this strategic economic dialogue and many other issues that are being discussed. This is one item that was...
Scripts: Felicia Padley and her youngest daughter Jenny Ella are picking up free helpings of pasta, vegetables and other essentials at a Food Bank in Brooklyn, New York . Padley holds down a fulltime government job but still finds it hard to feed her...
Scripts: The housing market is already troubled and the next tsunami might be right around the corner. Resets on ARM, adjustable rate mortgages could set off a new wave of foreclosures. CNNs personal finance editor Gerri Willis joins us now to offer...
First to the Bush plan. Oh, it does seem that it excludes more people than it includes? That's right. I mean that if you look at who the plan's aimed at, it is really borrowers who are, seem to be solvent not more than thirty days behind payment or s...
Scripts: A: The Fed has got to cut rates , theres no question. B: How much? A: Er.. I think what we need to see is er, a process of cutting rates, so its less about how much today and about the, the holding up the hope of more rate cuts to come, what...
Scripts: A: What do you make of this decision by the, by the central banks to, to club together to ensure that, the credit market doesnt freeze up ? B: I think Wednesdays report that they were working together to auction off the, er extra funds, er o...
Scripts: on above On this weeks Fortune First, Coke or Pepsi. It is the question that has fueled the rivalry known as the cola wars for decades, but the fight is no longer just about the cola. Americans are drinking less carbonated sodas and they wan...
