Archive for February, 2008

Buffett’s biggest bets

Berkshire Hathaway said Friday that its net worth rose by $12.3 billion in 2007, as the company’s insurance operations benefited from a year free of major catastrophes, and its 66 non-insurance businesses, as a whole, gained in profits.

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U.S. stocks open with a thud

U.S. stocks struggled at the start of trading Friday, with investors wary in the face of a weak dollar, record oil prices and some disappointing quarterly results.

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A lower start for Wall Street

Stocks took a knock at the start of trading Thursday as investors fretted about continued weakness in the U.S. economy.

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Stocks slip ahead of Bernanke

Wall Street retreated at the start of trading Wednesday as high gas prices and a weak dollar offered a backdrop to Federal Reserve Chairman Ben Bernanke’s scheduled Congressional testimony.

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Interest rates: The new conundrum

The Fed has lowered short-term interest rates this year but longer-term bond yields have risen. Call it the new conundrum. And it’s adding to the confusion on Wall Street about the economy.

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Credit crisis hits Main Street

As cities and towns find it more expensive to borrow money, many are now considering drastic measures like cutting services and raising taxes.

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44th president’s $4 trillion headache

The candidates want to do things like reduce taxes and fix health care. But they’ll have to deal with the cold realities of the federal budget.

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Best Places To Get Ahead

Look here if you’re willing to pull yourself up by your bootstraps.

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Stocks inch forward

U.S. stocks edged higher Friday as investors focused on individual corporate developments.

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Stocks march forward at open

Stocks rose at the start of trading Thursday, with investors taking heart from developments in the tech sector.

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