Thursday, March 6, 2008

Diebold Accidentally Leaks Results Of 2008 Election Early

I promised you economic news, but why start a story with bad news?

Fed says economy has weakened this year
By JEANNINE AVERSA, AP Economics Writer

The economy has weakened since the start of this year as shoppers turned even more cautious given the severe housing slump and painful credit crunch.

Manufacturers and other businesses, meanwhile, had to cope with skyrocketing prices for energy and other raw materials. The businesses’ ability to pass along higher prices to their customers was mixed, according to the Federal Reserve’s new snapshot of nationwide economic conditions released Wednesday.

Many economists fear that the country is teetering on the edge of a recession or is in one already.
or

Investment News: Advisers brace for bad times

About 41% of advisers think the S&P 500 index will fall in the next six months, according to Schwab Institutional.

Couples now need $225,000 to retire

This figure is a 4.7% increase over the 2007 estimate of $215,000, according to Fidelity

And that's only the good part of the bad news. So let's relax and celebrate the latest headline about the election. We can get to the bad news after the party's over.


Diebold Accidentally Leaks Results Of 2008 Election Early