Tuesday, March 4, 2008

Air Force agrees to brief Boeing on tanker loss (Reuters)



Undated artist rendition provided by Northrop Grumman shows an aerial tanker refuelling an F-18 fighter. Top Air Force officials will testify on Wednesday before a House Appropriations subcommittee on their decision to award a $35 billion contract for a new refueling aircraft to Northrop Grumman Corp and European partner EADS. (Northrop Grumman Corp/Handout/Reuters)Reuters - Under mounting pressure from
lawmakers and a top Pentagon leader, the Air Force on Tuesday
agreed to speed up a briefing with Boeing Co about why
it lost a $35 billion aircraft contract to Northrop Grumman
Corp and its European partner EADS .




How to tell if now is the time to refinance



A sharp drop in mortgage rates has sparked a wave of refinancing. But not everyone qualifies. Here is a guide on whether refinancing might be a good option for you.




Monday, March 3, 2008

Texas caucus hardball



The Dallas Morning News gets hold of Clinton caucus "training materials," in which supporters are instructed to fight for procedural control of caucuses."The materials say in part, 'DO NOT allow the supporter of another candidate to serve in leadership roles.'"

As economy tumbles, retirees scramble to cope



Lea Wait gets an armful of wood from the stacked pile in her barn at her house in Edgecomb, Maine, on Wednesday, Jan. 23, 2008. Some retirees coping with the sliding economy save money by  lowering their thermostat and heat with a wood stove. (AP Photo/Pat Wellenbach)Rising food and fuel prices, falling interest rates and screeching declines in global stock markets have retirees paring spending to levels some haven't seen in decades.




Sunday, March 2, 2008

Oil Shoots Up to $102 Per Barrel



Crude prices rebounded Thursday, shooting up more than $2 a barrel to a new record as a falling dollar and the prospect of lower interest rates attracted fresh money to the oil market. Retail gas prices, meanwhile, rose closer to records above $3 a gallon.

Protecting investments from steep stock slides



There are ways to minimize losses in a stock market downturn, and you can even profit from one. But each technique, from stop-loss orders to short sales to “put” options, has drawbacks.

Saturday, March 1, 2008

Fed Forecasts Slower Economy, Less Jobs



In documents released today, the Fed says it expects slower economic growth.