Financial news on January 19, 2008
Business and Financial news
Demand for biofuels has created tension between using land to produce fuel and using it for food. Read more..
Congressional Democrats, in a rare show of bipartisanship, pledged to work with the president to enact a plan quickly. Read more..
Recession-fighting measures will help if they come quickly, experts say, but there is disagreement over which policies would have the greatest impact. Read more..
My husband and I hate haggling, but I have friends who always seem able to strike a great deal in unexpected areas. Read more..
The price of gold has always been a way to keep score of economic, financial and political instability, but the game may be changing. Read more..
The Internet has taught major league sports teams that scalping was never really the problem. The problem has been the ridiculous amount of effort expended trying to stamp it out. Read more..
While the market has taken deeper dives in the past, volatility is approaching its highest levels in several years. Read more..
Shares of Sprint dropped 25 percent after the company said that it planned to lay off 4,000 workers and close stores to trim costs as its customer base shrinks. Read more..
Third-party applications are supposedly the secret to Facebook’s success. So far, though, the applications fall mainly into two categories: the silly and the annoying. Read more..
Europe’s biggest bank said it would close an American unit as it scales back risk-taking after writing down the value of subprime mortgage investments by $14.7 billion last year. Read more..