Financial news on June 2nd, 2007
Business and Financial news
More cars than light trucks were sold in the U.S. last month, as gasoline prices nationwide soared to more than $3 a gallon. Read more..
Chinese markets swooned, but American investors reached new heights. The World Bank has big money-raising needs for its new leader. Read more..
The online availability of free or low-cost photos and videos has taken a fierce toll on sales of X-rated DVDs. Read more..
The shift from rejecting Rupert Murdoch’s bid for Dow Jones to agreeing to meet with him occurred in many small steps. Read more..
Divert 10 percent of your income to savings; ignore raises and put them into savings, too; learn to cook; and skip the lattes. Read more..
The longevity of this rebound depends on whether incomes and spending will grow enough to reduce the drag from the housing market. Read more..
There are few economic trends harder to measure than home prices, given that every home is unique. Read more..