Stock Market Commentary for 4/28/08

Consumer confidence unexpectedly improves
A private research group says Americans' confidence in the economy unexpectedly improved in September. The reading still hovers near an historic...

Rice University economist available to discuss financial crisis
(Rice University) The current financial crisis is first and foremost a crisis of confidence. The tip of the iceberg may be the subprime mortgage...

Royal Bank of Scotland Collapses as Crisis Expands to Europe
The Royal Bank of Scotland (RBS), founded in 1695, became the latest casualty of the global banking meltdown. The bank survived the turmoil from the...

Sale of Dresdner Bank to cost thousands of jobs
Commerzbank's purchase of German rival Dresdner Bank AG will cost thousands of jobs, but analysts said Monday it will benefit insurer Allianz SE,...

Stock Market Commentary for 9/2/08
This past week was another volatile one for equity markets. Although the DJIA gave up 177 points on Friday, it had gained over 200 points on...