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Wall Street ends week of drastic drops with a small one
Wall Street ends week of drastic drops with a small one

The Dow Jones industrial average finished with a loss of 128 points at 8,451 and down 1,817 points on the week

10/10/08 4:19 PM

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October 10, 2008

Oil prices plunge to 13-month low

A barrel of oil hasn’t been this cheap since 2007, a rare silver lining for consumers amid a rapidly imploding financial landscape

August trade deficit falls to $59.1B

The Commerce Department said Friday the trade deficit declined by 3.5 percent in August to $59.1 billion, the smallest imbalance since June

Wall Street ends week of drastic drops with a small one
Wall Street ends week of drastic drops with a small one

The Dow Jones industrial average finished with a loss of 128 points at 8,451 and down 1,817 points on the week

Caution for credit card holders
Caution for credit card holders

In these tough economic times, it’s important to keep a close eye on your credit cards. Some companies are doubling or even tripling their interest rates.


October 09, 2008

Oil prices drop to 1-year low

Oil prices closed below $85 a barrel even ,after OPEC signaled it may try to slow crude’s downward spiral by cutting production.

GM shares tumble 31 percent to 58-year low
GM shares tumble 31 percent to 58-year low

Standard & Poor’s said the automaker’s credit could fall further into junk status due to the “rapidly weakening state” of the global automotive market.

So-so savings programs
So-so savings programs

Several bank programs promise they can help you save by making automatic deposits every time you use your debit or credit card. Do they?

Rack Room Shoes recalls girls’ sandals due to choking hazard
Rack Room Shoes recalls girls’ sandals due to choking hazard

The CPSC and Rack Room Shoes issues a voluntary recall of girls’ sandals because of a choking hazard.


October 08, 2008

Rack Room Shoes recalls 11,000 girls’ sandals
Rack Room Shoes recalls 11,000 girls’ sandals

The ornamental flowers on the sandals can detach, posing a choking hazard to young children

Coby Electronics recalls rechargeable batteries sold with portable DVD/CD/MP3 players

The rechargeable batteries can overheat, posing a fire hazard to consume

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