Published Tuesday, September 30, 2008
Bailout failure shocks markets
NEW YORK (AP) - The failure of the bailout package in Congress literally
dropped jaws on Wall Street and triggered a historic selloff - including a
terrifying decline of nearly 500 points in mere minutes as the vote took place,
the closest thing to panic the stock market has seen in years.
Amid turmoil, what are regular investors to do?
The New York Times
For people on Main Street who have been watching the turmoil on Wall Street
for the last few weeks, yesterday’s shockwaves rattled even the most
steadfast.
Housing index falls
record 16 percent
NEW YORK (AP) - A closely watched index released today showed home prices tumbling by the sharpest annual rate ever in July, but the rate of monthly declines is slowing.
Oil swings widely after plan’s rejection
The Associated Press
Oil prices bounced higher today after plummeting a day earlier as investors weighed the fallout from U.S. lawmakers’ rejection of a proposed $700 billion bank bailout aimed at stabilizing the U.S. economy.
BUSINESS CALENDAR
PC INFO
Companies need Web policies
By SCOTT A. MAY
Now that even the smallest shops and businesses are going digital, the need for online codes of conduct has never been greater. Employee access to Web surfing, e-mail and instant messaging might afford more freedom, but it also raises the risks for potential disaster.
Have it your way
MIAMI (AP) - In a nod to how finicky people have become about the gadgets they use, software company Citrix Systems Inc. is rolling out a new program for its workers: BYOC - Bring Your Own Computer.
Depression unlikely, economists claim.
McClatchy Newspapers
CHICAGO - Hearing some of the dire predictions for an economy struggling to avert a financial collapse, it’s easy to recall 1930s photos of people huddled in soup lines or traveling the country for work, and wonder what a depression would look like in the modern world.
