Posted on May 12th, 2009 by moneyvsdebt
The foreign exchange market (currency, forex, or FX) is where currency trading takes place. It is where banks and other official institutions facilitate the buying and selling of foreign currencies. FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The foreign exchange market that [...]
Filed under: Finance, Financial News, Investing, Product Reviews, a product review | No Comments »
Posted on January 7th, 2009 by moneyvsdebt
US patent application number 20080319910, published on Christmas Day 2008, details Microsoft’s vision of a situation where a “standard model” of PC is given away or heavily subsidized by someone in the supply chain. The end user then pays to use the computer, with charges based on both the length of usage time and [...]
Filed under: Business Ideas, Entrepreneurial, Financial News, Investing, Stocks | 1 Comment »
Posted on January 7th, 2009 by moneyvsdebt
If the plotline for 2009 was to start the year with an optimistic bang, corporate America doesn’t seem to be following the script.
Before anyone had the chance to soak in the early-year rally, a slew of big companies have come along with earnings warnings to temper the enthusiasm.
The warnings—from giants Alcoa, Intel and Time Warner—were [...]
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Posted on January 7th, 2009 by moneyvsdebt
Texas billionaire T. Boone Pickens said Tuesday that oil prices will rise above $100 a barrel by the end of 2010 as the global economy recovers.
Oil prices in the $40 a barrel range are “not going to be around much longer,” Pickens told a gathering at the James A. Baker III Institute for Public [...]
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Posted on December 18th, 2008 by moneyvsdebt
If the news isn’t already bad enough we can always look forward to the “Big Three” failures. The situation is obviously not going to get any better in the near future. However, I’m on the boat hopping we’re doing something to help the companies though. It amazes me how we can spend [...]
Filed under: Ben Bernanke, Exciting Adventures, Finance, Financial News, Global Economy, Investing, Stocks, economy, federal reserve | No Comments »