Investor Billionaire, Warren Buffet - Richest Man In The World
Region: United States
According to a list compiled by Forbes magazine, investor mogul and philanthropist Warren Buffet - the recent rescuer of beleaguered firms in the bond market - has topped the list of the world's richest people. ... more
Views: 1898European Shares Lower; Euro Hits Record Vs.Greenback Ahead Of Interest Rate Decision
Region: United States
According to a report by Bloomberg News, the Euro has risen to a new high versus the greenback; this is just ahead of an ECB meeting on interest rates. Both the Bank of England and the European Central Bank are expected t... more
Views: 1277Wall Street Closes In The Green As Oil Surges Near $105 A Barrel
Region: United States
On closing, the major indexes on Wall Street closed higher - the Dow Industrials average up 0.34 percent, NASDAQ composite index up by more than half a percent, and the broader S and P 500 index was also up 0,52 percent on... more
Views: 1292Stocks Gain On Wall Street In Morning Trading Wednesday, Ending 4-Day Slump
Region: United States
On open, Wall Street climbed despite a host of uncertainties: weak jobs data and a spike in oil prices, reports the Wall Street Journal. According to published reports, OPEC, hitherto the Organization of Petroleum E... more
Views: 1345Survey Of Spending Habits In A Recession Reveals Cut Backs In Dining, Gasoline Expenses, Shopping
Region: United States
According to a survey mentioned in Yahoo Finance on the I Will Teach You To Be Rich blog, http://www.iwillteachyoutoberich.com/, most people are changing their spending habits in leu of a looming recession. What are most ... more
Views: 4061The Bomb That Heals
Region: New YorkIn American English, we refer to a number of things as bombs. Some are violent such as military ordinance, smoke and tear gas bombs. Some are pesticides. In slang, bombs meant a failure as in "The hotshot... more
Views: 1628Microfinance in Bangladesh
Region: Bangladesh
The word microfinance is now a popular tool for poverty alleviation throughout the world. Up to Nineties it was only a phenomenon of some underdeveloped countries. But after a global microfinance summit in 1997 (wh... more
Views: 1405Fallacies Behind Fed Intervention In Market Turmoil
Region: IndiaAngst over a Fed speech by Ben Bernanke coming up in Wyoming Friday made investors jittery, sending bluechips down Thursday on uncertainty of a fed funds rate cut. The Dow closed 51 points or 0.38 percent lower ... more
Views: 950Financial Crisis In Markets Signals Right Time For Divorce
Region: IndiaTurbulence In Stock Markets? - “Buy” Alimony Market Update (Yahoo Finance) In afternoon trading Wednesday, the Dow up 85 points, the tech-laden NASDAQ up 22 points and the S&P 500 index is up 9 points... more
Views: 982Cost Of Wine Mirrors Dow's Movement
Region: IndiaThe market has run out of steam to change things to a positive direction. In afternoon trading, the Dow is down 13 points, while the NASDAQ is down about 10, and the S&P500 is down by 8 points (Yahoo Finance). European ma... more
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