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Trader's Blog
SymbolLastChange
CRB233.96-8.24
USD$87.059+0.442
Bonds128.750000+1.265625
Crude Oil49.80-4.95
Nat. Gas6.598+0.088
Gold773.13-38.67
Dow Indu8387.47-441.57
Nasdaq1447.06-88.51
S&P500842.10-54.14
VIEW PORTFOLIO
Borders shares continue their plunge this minute
Shares of Borders Group Inc. continued their downward spiral Monday as concerns about weak consumer spending worsened the outlook for the already troubled bookseller.... more

Yen surges sharply against majors; now worth 93.17 versus buck 8 minutes ago
Yen surges sharply against majors; now worth 93.17 versus buck... more

Ryanair renews bid for Aer Lingus 6 minutes ago
Budget airline Ryanair launched a new takeover bid Monday for Aer Lingus, seeking to capitalize on labor unrest at its Irish rival and Ireland's economic difficulties.... more

U.S. Recession Officially Began In December 2007, NBER Says 10 minutes ago
The body charged with the task of officially identifying recessions said Monday that the US began its economic slump in December of last year.... more

Strong dollar means Mexico migrants send more home 6 minutes ago
Victoria Servin shows off her new pair of black leather boots, a splurge for the 21-year-old student who lives alone in an aging, one-room apartment.... more

Stocks Remain Under Considerable Pressure In The Early Afternoon - U.S. Commentary 12 minutes ago
Stocks remain firmly negative during early afternoon trading on Monday, with profit taking contributing to the weakness in the markets. The major averages are all posting steep losses after showing a strong upward move in the holiday-shortened week last week. ... more

Oil tumbles belows $50 on weak economic signals 8 minutes ago
Oil prices tumbled below $50 a barrel Monday as manufacturing activity in the US hit a 26-year low, a showing that was much worse than expected.... more

S&P cuts Trump Entertainment's corporate rating 10 minutes ago
Standard & Poor's Ratings Services said Monday it slashed its corporate credit rating on Trump Entertainment Resorts Holdings LP to indicate a default after the casino operator said it would not make an interest payment on its senior secured notes.... more

Israel Turns Back Gaza-Bound Libyan Aid Ship 18 minutes ago
Israeli navy on Monday intercepted and turned back a Libyan ship carrying humanitarian aid to the Gaza Strip, said Palestinian and Israeli officials.... more

SunPower shares fall with broader market 14 minutes ago
Shares of SunPower Corp. fell along with the broader market on Monday, despite an earlier announcement that the company struck a three-year supply deal with German solar power plant integrator City Solar Kraftwerke AG.... more

Panel says US has been in recession since Dec. '07 16 minutes ago
A panel of the National Bureau of Economic Research says the US economy fell into a recession last year.... more

AP Top Extended Financial Headlines At 12:29 p.m. EST 10 minutes ago
National Bureau of Economic Research panel says US recession began in December 2007... more

AP Top Financial News At 12:29 p.m. EST 10 minutes ago
It's official: US is in recession... more

Credit Card interest rates resume narrow decline 18 minutes ago
The average annual interest rates charged on popular types of credit cards fell slightly this week, resuming a multiweek decline after wavering last week, according to Bankrate.com Monday.... more

European central banks under pressure to cut rates 18 minutes ago
The European Central Bank and the Bank of England are under mounting pressure to cut interest rates aggressively this week amid signs that the economic slump will be deeper and more prolonged than previously expected.... more

It's official: US is in recession 18 minutes ago
A panel of the National Bureau of Economic Research says the US economy fell into a recession last year.... more

Redstone sells interest in Midway Games 18 minutes ago
Media mogul Sumner Redstone sold his majority stake in video game publisher Midway Games Inc. on Monday as his family's holding company looks to get out from under a $1.6 billion debt.... more

Credit card interest rates resume narrow decline 20 minutes ago
The average annual interest rates charged on popular types of credit cards fell slightly this week, resuming a multi-week decline after wavering last week, according to Bankrate.com Tuesday.... more

Consumer electronics retailers slide 24 minutes ago
Consumer electronics chains sank in Monday trading after analysts said big Black Friday markdowns drew shoppers, but cut into profits, and investors worried whether the spending would continue.... more

Sector Snap: Cosmetics slip on market weakness 26 minutes ago
Shares of cosmetic companies followed Wall Street lower on Monday, as investors remained uneasy about the upcoming holiday shopping season and downbeat data on the manufacturing and construction sectors.... more

National Bureau of Economic Research panel says US recession began in December 2007 30 minutes ago
National Bureau of Economic Research panel says US recession began in December 2007.... more

US Dollar Hits 1-Week High Versus Israeli Shekel 32 minutes ago
The US currency advanced against its Israeli counterpart in New York trading on Monday. At 9:50 am ET, the pair climbed to a 1-week high of 4.0130 from last session's low of 3.9350. The dollar-shekel pair that closed Friday's deals at 3.9426 is now worth 3.9998. The next upside target level for the US currency is seen around 4.0420.... more

Aston Martin laying off 600 employees 30 minutes ago
Aston Martin, maker of James Bond's luxury sports car, said Monday that it is laying off as much as a third of its work force because of falling sales during the economic slump.... more

Survivalist business booms as economy flails 30 minutes ago
The Armchair Survivalist believes the nation is falling into chaos, and he wants to help.... more

Feds arrest Birmingham Mayor on bribery charges 34 minutes ago
The mayor of Alabama's largest city, Larry Langford, was arrested Monday on federal bribery and fraud charges connected to a multibillion-dollar sewer bond deal that has driven the surrounding county to the brink of bankruptcy.... more

AP Top Extended Financial Headlines At 12:10 p.m. EST 18 minutes ago
Stocks fall sharply on consumer spending worries, downbeat data on manufacturing, construction... more

AP Top Financial News At 12:10 p.m. EST 18 minutes ago
Stocks fall sharply on consumer spending worries... more

Pilgrim's Pride files for bankruptcy protection 34 minutes ago
Chicken producer Pilgrim's Pride is filing for Chapter 11 bankruptcy protection.... more

ECB To Decide On New Headquarters In Frankfurt In Late 2009 20 minutes ago
FRANKFURT (AFP)--The European Central Bank said Monday it had modified the planning for a new headquarters in Frankfurt and would now make a final decision in late 2009. ... more

USDA Morning National Slaughter Cattle Review - Dec 1 22 minutes ago
December 01, 2008 12:08 ET (17:08 GMT)... more

US-China talks will include currency issues 12:12AM
European, US markets slump on economic gloom 12:10AM
Stocks fall sharply on consumer spending worries 12:10AM
Aussie hits fresh multi-month high of 1.2058 versus kiwi 12:08AM
Administration will urge Chinese to keep allowing currency to rise in value against the dollar 12:10AM
Thai crisis deepens as airport siege intensifies 12:08AM
Yen Spikes Up Further Against Major Rivals 12:04AM
MARKET TALK: ICE Coffee Holding Lower; Outside Mkts Bearish 12:22AM
Study shows families' financial strain from autism 12:06AM
Premiere Global Services shares surge 24 percent 12:06AM
MARKET TALK: ICE Sugar Holds Lower On Bearish Outside Forces 12:18AM
Chicken producer Pilgrim's Pride files for Chapter 11 bankruptcy protection 12:02AM
Euro Slips After Manufacturing Data Report 11:58AM
S&P revises Navios Maritime outlook to stable 12:00AM
QLT shares buck falling market on buyback 11:58AM
AP Top Financial News At 11:53 a.m. EST 12:14AM
AP Top Extended Financial Headlines At 11:53 a.m. EST 12:14AM
AP IMPACT: Under pressure, US eased lending rules 11:58AM
Violent Protests At Harare Bank 11:54AM
Sector snap: Building materials suppliers sliding 11:56AM
AP Top Extended Financial Headlines At 11:51 a.m. EST 11:56AM
AP Top Financial News At 11:51 a.m. EST 11:56AM
AIG sells AIG Private Bank to Abu Dhabi firm 11:54AM
Citi returns MetLife to 'Top Picks' list 11:54AM
AP Top Extended Financial Headlines At 11:48 a.m. EST 11:54AM
AP Top Financial News At 11:48 a.m. EST 11:54AM
Israeli bank chief: Economy suffering but sound 11:52AM
Manufacturing index drops to 26-year low 11:52AM
AP Top Financial News At 11:47 a.m. EST 11:52AM
AP Top Extended Financial Headlines At 11:47 a.m. EST 11:52AM
MARKET TALK: CME Cattle Remain Under Pressure From Stocks 12:08AM
ND farmer defies government by draining wetlands 11:52AM
UK mother loses suit against daughter over book 11:50AM
US Political, Economic Calendar - Week Ahead 12:06AM
EU governments begin economic stimulus debate 11:50AM
Leader: New Zealand to get new climate law in 2009 11:48AM
AP Top Extended Financial Headlines At 11:43 a.m. EST 11:52AM
AP Top Financial News At 11:43 a.m. EST 11:52AM
New York Fed launches search for new president 11:48AM
October construction spending drops 1.2 percent 11:46AM
General Growth Properties gets loan reprieve 11:46AM
ND farmer defies government by draining wetlands 11:46AM
Mexican remittances jump 13 pct as peso weakens 11:44AM
Russian purchase of Serbian oil company in doubt 11:42AM
Sector Snap: Specialty apparel stocks slide 11:42AM
 
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