Wednesday, October 15, 2008

US to Invest Billions in Bank Stocks


The Bush administration details a plan to spend $250 billion to purchase bank stocks. President Bush says the drastic move will "preserve" the free market, and Treasury Secretary Henry Paulson says it will "restore confidence to our financial system."


Has the Market Finally Turned a Corner?
Recovering from the pounding the market suffered over the past two weeks, the Dow eclipses its previous record one-day gain by well over 400 points. Is the worst for the market now over? After falling 45 percent from the market's highs just over a year ago, have we at last seen the bottom?


Allowance for Your College-bound Kids
Maybe parents should be the ones taking economics 101 when they send their kids off to college. Blogger Josh Smith looks at the trend of parents giving their kids regular allotments of spending money when they go off to school -- otherwise known as an allowance -- rather than having them rely on their own income




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