Kansas Delays Tax Refunds

On the brink of economic crisis, the state of Kansas joins the ranks of California in delay tax refunds to its citizens. Link

Wall Street Up Big – 889 Points Big: 10/29

The second highest point gain in history today after expectations of an interest rate cut coming tomorrow.  The Dow finished 889 points off to finish what was a very late rally, after hovering at about 150-200 point gain for most of the day.  Read More

Kerry Calls for Another New Deal

Sen. John Kerry is calling for another “New Deal”, the same one that kept us in a depression for over ten years. He is also against sending out checks (Republican tax break), isn’t that what the Democrats are all about? But if it’s from the Bush administration, I guess they feel they must reject it. Link

Stocks Take a Plunge – 312 Points 10/24

Stocks are down on Wall Street after a world wide stock drop. Gold prices are down also. Link

More Worries Hit Wall Street After a 500 Point Skid

Stocks dropped over 500 points in the Dow yesterday down more than four percent amongst economic woes. AP Link

Yahoo Third Quarter Profits Down 64%!

Yahoo plans to fire some 1500 employees after an unexpected 64% drop in profits for the third quarter.  Stock has dropped more than 40% over last couple of months.  Google stocks continue to rise though.  Link

Oil Prices Back Up?

Russia, Venezuela, and Iran (the Axis of Power), can no longer meet their internal budgets. There are also talks to form an OPEC style cartel. Oil prices to go back up?

French President Pushes for Global Financial Overhaul

Can you say ‘One World Government’?  Link

Dow Closes 127 Down

Down and down we go. Link
Still gained 4.8 percent for the week. Will it be able to keep gains? EU has devised a new meeting before years end to discuss global markets.

Oil Prices Continue to Drop 10-16

Below $70 a barrel, and dropping amidst economic woes. Link

Note: OPEC has called emergency meeting in response to falling prices. Link