Net Worth of Presidential Candidates

The President of the United States is expected to help manage the world's biggest economy. But when it comes to money, which of the current candidates does the at managing their own? Money Talks News

Bracing for Well Over 100 Bank Failures

Government agencies are not known for being ahead of the curve. In fact, if they respond at all to serious concerns under their purview, they usually end up doing too little, too late, or they shut the barn door long after the horse has bolted.

Still, even bureaucrats manage to get things right once in a while, and I believe today's Wall Street Journal report, "FDIC to Add Staff as Bank Failures Loom," details one of those times.


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Chiru: Don't Be Too Quick to Believe It

I do not just like the name "chiru" because it is similar to my own name "Duru." This story of the faked photograph has dropped at a time in which I find myself mired in deeper and deeper disbelief at the action and events swirling in the stock market.

So to start the metaphor, think of the little chiru as us, the retail investor, the American consumer. The speeding train high above the life of main street is all that is bad with the economy and the financial markets. It is a speeding train to somewhere we know not. All we want to do is graze, take care of our families, and put in a good day's work. But this train roars from above at periodic intervals, seemingly random intervals. Its rumble from afar swells those of us who care with fear, its appearance sends all of us scrambling for cover, and its passing replenishes the hopeful amongst us with relief that the terror has passed. Can we figure out a way to peacefully coexist with this train (wreck)?


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Oil hits new high ahead of OPEC

ar 3 - Oil nears $104 per barrel ahead of Wednesday's OPEC meeting.OPEC, which pumps more than one-third of the world's oil, last met on February 1st and left its oil output unchanged.

Sasha Salama reports. Reuters Video

Stocks flat amid commodities surge

Mar 3 - The Dow and the S&P 500 were little changed as record oil prices pushed energy shares higher, but worries about the economy weighed on the banking sector.The Dow slipped 7 points to 12,258. The S&P 500 closed up less than a full point at 1,331. The Nasdaq lost 12 points to 2,258. Crude oil hit an intra-day record of $103.95..Reuters Video

3-3-08 WMS Industries Inc. (WMS)

If poker isn’t your game, you could always try the slots. WMS Industries Inc. (WMS)

2-29-08 The Boeing Company (BA)

We fly high. No lie. It’s BOEIIIINNGG! The Boeing Company (BA)

Taxes: Most Common Mistakes

Every year, millions of tax returns are filed with mistakes...mistakes that can delay your refund...even cost you money. Want to avoid the most common? Money reporter Stacy Johnson has things to watch for...MoneyTalks News

Oil: Next stop $110?

Feb. 29 - Oil prices are expected to set new records after touching above $103 on Friday with sentiment buoyed by a falling dollar and rising consumption outside of the U.S. But some analysts are cautious, pointing to a build-up of U.S. supplies and an expected slowdown in demand as signs the current price of oil is too high. Few, however, predict oil will fall to the $90 a barrel area before rising to $110.

SPEAKER: Ray Carbone, president, Paramount Options

Conway Gittens reports from New York. Reuters Video

Stocks rocked by recession fears

Feb. 29 - U.S. stocks lost significant ground for the second day in a row after a round of disappointing economic and corporate results shocked investors. The Dow dropped 315 points to 12,266. The S&P 500 lost 37 points to 1,330. The Nasdaq fell 60 points to 2,271, a level associated with a bear market. Crude oil fell after hitting a $103.05 record.

Conway Gittens reports from New York.Reuters Video