Wednesday, September 27, 2006

Oil's not the only thing Chevron's been pumping

Big Oil is raking it in these days, and Chevron is one of the companies reaping the bounty of record profits. But, the way Chevron sees things in Richmond CA, where one of the company's oil refineries is located, it's paying too much in taxes and the local government owes it money.

You can read more about it here.

India outsourcing firms may process 30 percent of US transactions by 2006

India's outsourcing industry has the potential to process up to 30 percent of banking transactions in the United States by 2010, but tightening data security is key to realizing that aim, a trade body said Tuesday.

You can read more about it here.

Tuesday, September 26, 2006

The Internet

A list of the top 8 Google AdSense income earners. Digg founder Kevin Rose is at number 2!

You can read more about it here.

Monday, September 25, 2006

Americans excited, and suspicious, about the recent slide in gasoline price

Almost half of all Americans believe the November elections have more influence than market forces. For them, the plunge at the pump is about politics, not economics... others believe there is no mystery behind the change,

You can read more about it here.

U.S. foreign debt shows its teeth

Over the past several years, Americans and their government enjoyed one of the best deals in international finance: They borrowed trillions of dollars from abroad to buy flat-panel TVs, build homes and fight wars, but as those borrowings mounted, the nation's payments on its net foreign debt barely budged. Now, the easy money is coming to an end.

You can read more about it here.

Sunday, September 24, 2006

Lesson for Students: The Best Debt Is None

We're told over and over again that student loans are good debt. The conventional wisdom says that, like a home loan, student loan debt will turn into an asset. But what happens when it doesn't turn out that way? What happens when people take on tens of thousands of dollars in loans that may take decades to pay off?

You can read more about it here.

Friday, September 22, 2006

Trading hours for the dollar

There are many ways to make money in this world. By far the most common is trading hours for dollar, also known as a job. Trading hours for the dollar is like the worst possible method of earning a living one can make. Here?s why.

You can read more about it here.

NASDAQ Sends Dell Delisting Notice

NASDAQ has alerted Dell and Novell, two tech stalwarts, that it is starting delisting procedures. NASDAQ told Dell it has failed to meet requirements for continuing to be listed on its exchange. Dell faces a number of investigations into its financial reporting and accounting methods.

You can read more about it here.

Thursday, September 21, 2006

Test Posting

This is a test post. Ignore.