Consumer Electronics
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Spending on cars, clothing, jewelry, furnishings have moved down 20% or more over the last few months. There has been…
The Japanese stock market has closed down about 42% for the year. The US markets may do a little better…
According to Reuters, GMAC will get $6 billion from the government with $1 billion coming through GM (GM). Reuters reports…
Markets in Asia were mostly higher. The Nikkei was up 1.3% to 8,860, but was down 42% for the year.…
Sir Howard Stringer’s appointment in 2005 as Sony’s CEO was meant help turn the company into what it used to…
According to Reuters, Kuwait canceled a $17 billion joint venture with Dow Chemical (DOW). Reuters reports that Credit Suisse (CS)…
According to Reuters, the House will vote on the auto bailout as early as this week. Reuters writes that Rio…
Once people stopped buying the Walkmen and PlayStations and the consumers’ attention moved to the Apple (AAPL) iPod and Microsoft…
According to Reuters, The Tribune Company filed for Chapter 11. Reuters reports that Congress and The White House are close…
The recession is not breaking the video game addiction shared by so many Americans. Even in a downturn they can…
Markets in Asia fell. The Nikkei was off 2.3% to 8,328. Sony (SNE) was off due to weakening consumer spending.…
Most markets in Asia fell. The Nikkei was off 5.3% to 8,239, Sony (SNE) dropped on concerns about holiday sales.…
Apple’s (AAPL) iPhone does everything. It is a phone, a multimedia player, a web browser, and a washing machine. Now,…
According to Reuters, global stocks rose on possible rate cuts but the economic outlook is grim. Reuters reports that the…
According to Reuters, Greenspan said he was shocked by the credit meltdown. Reuters reports that the value of Bear Stearns…
Our top personal finance-related articles today. Your wallet will thank you later.