Wall Street Rumors - May 2, 2008
Daily Rumors Covering the Global Markets. Subscribe to the Daily Rumors Update Here.
Economy Shed Jobs in April But Pace of Decline Slows
U.S. employment fell a fourth straight month in April, the government said Friday, but at a much slower pace than previous months, suggesting the economy may be starting to find its footing after several [...]
Wall Street Rumors - May 1, 2008
Daily Rumors Covering the Global Markets. Subscribe to the Daily Rumors Update Here.
Exxon’s $10.89 Billion Net Disappoints Investors, Fuels Gathering Political Storm
Exxon Mobil Corp.’s (NYSE:XOM) $10.89 billion first-quarter profit report Thursday ranks as one of the biggest hauls in U.S. corporate history. But the results disappointed Wall Street and added to concerns about the future [...]
Choosing short-term commitments in your retirement investments
The Federal reserve rate cuts have hurt the retired, with lower CD and money market rates making it difficult for retirees to earn the magic 4%. The 4% interest level is a number used widely by financial planners and investors for a “sustainable’’ retirement nest egg. Now that rates are less than optimal, retirees should [...]
