It is fairly easy to imagine oil trading at $65 for a long time or even moving lower. What is not easy to imagine is why oil would rise 100%. ... Read Full Story »
There is not a man with a typewriter who can avoid writing about how much debt the US government has and how much more it will have to take on. ... Read Full Story »
According to Reuters, Europe prepared rate cuts as the economy their worsened.Reuters reports that the administration cleared the way for the car companies to get access to $25 billion in ... Read Full Story »
Markets in Asia fell sharply. The Nikkei dropped 6.5% to 8,899. Toyota (TM) fell on poor earnings.The Hang Seng dropped 7.1% to 13,896. Cathay Pacific fell almost 16% on poor ... Read Full Story »