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1black news
Bonds mixed on inflation, housing
submitted by blacknewsjunkie 2 hours ago (via feeds.feedburner.com)
Bond prices were mixed Tuesday as investors appeared torn between inflation concerns and fresh signs of economic weakness stemming from the ailing housing market.
 
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1black news
iPods overheat, Apple under pressure
submitted by blacknewsjunkie 2 hours ago (via feeds.feedburner.com)
Read full story for latest details.
 
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1black news
Dollar sinks on weak economic reports
submitted by blacknewsjunkie 2 hours ago (via feeds.feedburner.com)
The dollar lost ground against other currencies Tuesday after an inflation report showed a further rise in wholesale prices, and housing starts fell to a 17-year low.
 
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1black news
GM offers 'employee discount' to consumers
submitted by blacknewsjunkie 2 hours ago (via feeds.feedburner.com)
General Motors Corp. announced Tuesday it is extending the benefits of its employee discount to customers on nearly all of its 2008 vehicles and some 2009 models beginning Wednesday and ending Sept. 2.
 
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1black news
Wall Street, meet small street
submitted by blacknewsjunkie 2 hours ago (via feeds.feedburner.com)
Storm-tossed financial firms are throwing their treasures overboard just to stay afloat.
 
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1black news
Riding the money train
submitted by blacknewsjunkie 2 hours ago (via feeds.feedburner.com)
High energy prices have started to put a dent in corporate profits. But surprisingly, one industry that relies heavily on oil has not been hurt: the railroads. Most of the nation's top railroad companies have chugged along with strong sales and earnings increases in 2008, their results stoked by rising demand for transporting food and coal.
 
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1black news
Stagflation? Or just stagnation?
submitted by blacknewsjunkie 2 hours ago (via feeds.feedburner.com)
Two key reports in the past week show that inflation was running high in July. But August is offering relief.
 
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1black news
Profit down at Target
submitted by blacknewsjunkie 2 hours ago (via feeds.feedburner.com)
Target Corp.'s second-quarter profit slipped as the discount retailer faced more frugal consumers and difficulties in its credit card business, the company said Tuesday. But the results still managed to beat analysts' estimates.
 
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1black news
Oil up on expected drop in gas supply
submitted by blacknewsjunkie 2 hours ago (via feeds.feedburner.com)
Oil prices bounced back Tuesday as the dollar weakened and investors worried that a predicted fall in gasoline supplies could cause refineries to step up crude use.
 
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1black news
Stocks slide for 2nd day
submitted by blacknewsjunkie 2 hours ago (via feeds.feedburner.com)
Stocks slumped Tuesday, falling for the second session in a row, as oil prices rose, retailers' earnings disappointed and reports showed falling homebuilding activity and rising inflation.
 
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