Archive for February, 2008
Wal-Mart’s distress signal
U.S. retailers are on track to report their slowest monthly sales growth in five years, which would further cement fears that American consumers are buckling under the weight of a slowing economy.
No commentsBest Cities For Bargain House-Hunters
In these 10 markets, there is healthy job growth, a relatively low number of foreclosures and more houses available than people to buy them.
No commentsLook who’s buying now
Fortune asked 13 money managers about the current downturn, and what they’re buying (or not buying) now.
No commentsFrench Quarter’s Most Expensive Homes
A million dollars buys you a mansion with character, charm and a prime position to watch the Mardi Gras parades.
No commentsMicrosoft’s war plan
When Jerry Yang answered the phone on a rainy Silicon Valley Thursday night in January and heard the hoarse voice of Microsoft’s Steve Ballmer on the other end, it was simply the last in a string of disappointments the Yahoo co-founder has confronted over the past two years.
No comments‘It’s going to be much worse’
You might expect Jim Rogers to be gloating a little bit. After all, the famed investor has been predicting a recession in the U.S. economy for months and shorting the shares of now-tanking Wall Street investment banks for even longer. And with fears of a recession sparking both a worldwide market sell-off and emergency action from Federal Reserve chairman Ben Bernanke, Rogers again looks prescient - just as he has over the past few years as the China-driven commodities boom he predicted almost a decade ago began kicked into high gear. But when I reached him by phone in Singapore the other day there was little hint of celebration in his voice. Instead, he took a serious tone.
No commentsBest Cities For Couples
Forty metros that, to varying degrees, offer what cohabitating couples need to maintain a stable relationship.
No commentsJob market: Worse than you think
A government report on January jobs showing that employers trimmed payrolls for the first time in four years set off alarm bells.
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