Thursday, 4 Sep 2008 | Source: The Associated Press
Conventional wisdom had long held that some industries would collapse if oil topped $100 a barrel. As oil neared $150, sending costs higher for everything from jet fuel to plastic jars, the question was how many companies would succumb.
Despite the stock market sell-off find out why Karen Finerman and PIMCO's Mohamed El-Erian say they're more optimistic now than they've been in a while.... Read More
Investors hammered the Dow on Thursday as fear grew that even a $700 billion bailout won’t be enough to counter tight credit markets and a bleak economy.... Read More