Monday, October 27, 2008

Gasoline at cheapest price since March 2007

http://www.reuters.com/article/ousiv/idUSTRE49Q7GJ20081027

It's about time! Now I might consider buying a car. Just kidding. Well if it drops some more and less importantly I get my license lets see what happens.

Saturday, October 25, 2008

GM/Chrysler talks intensify, Europe carmakers warn

http://www.reuters.com/article/ousiv/idUSTRE49N8AZ20081024

GM wants to acquire Chrysler. Sounds great for GM but how about the 5000 workers who will lose there jobs because of this. The article also talks about how bad things are going in the auto industry. Its the pretty interesting check the link above.

Thursday, October 23, 2008

Goldman Sachs to cut staff by 10 %

http://www.reuters.com/article/etfNews/idUSLN72138120081023

This is crazy. Less jobs is not what we need right now but I guess if this "new regulatory authority" will promote "better banking" then I guess its ok.