Finances2u.com

China’s inflation rate edges up in March

admin — Tue, 10 Apr 2012 05:01:31 +0000

Higher food and fuel costs are big factors in the growth, which raises concerns about Beijing’s ability to stimulate the economy if growth slows.

China’s inflation rate rose slightly in March, raising concerns about the government’s ability to stimulate the economy should growth falter in coming months.

Few hybrid vehicle owners are repeat buyers

admin — Tue, 10 Apr 2012 05:01:30 +0000

Only 35% of hybrid owners chose another one when they bought a new car last year, automotive research firm R.L. Polk & Co. says.

Although the number of hybrid models in the U.S. continues to grow, few people who own one are sticking with the technology when they go to buy another car.

Dow closes below 13,000 for first time in a month

admin — Tue, 10 Apr 2012 05:01:29 +0000

Investors had a three-day weekend to brood over disappointing job growth in March. When they got back to work Monday and delivered their verdict, it wasn’t good.

Facebook buying Instagram for $1 billion in cash and stock

admin — Tue, 10 Apr 2012 05:01:28 +0000

Facebook has agreed to buy the hugely popular photo-sharing app maker Instagram for about $1 billion in cash and stock in a blockbuster deal reverberating around Silicon Valley.

Many hybrid-car owners buy once — but not again, Polk study says

admin — Tue, 10 Apr 2012 05:01:26 +0000

While the choice of fuel-efficient hybrid vehicles for sale in the U.S. continues to grow, more buyers than not are deciding against the technology when they go to buy another car.

Stocks fall in reaction to disappointing employment report

admin — Tue, 10 Apr 2012 05:01:25 +0000

The stock-market softness that began last week accelerated Monday as investors finally got a chance to react to Friday’s disappointing employment report.

Gasoline prices may have finally peaked for now

admin — Tue, 10 Apr 2012 05:01:20 +0000

The painful rise of gasoline prices across the U.S. may have finally reached its end, for now. But analysts said more time is needed to determine whether this is a peak or just a pause.

Drunk driving study: Car interlock devices really do help

admin — Wed, 07 Mar 2012 03:13:12 +0000

Drunk drivers receiving their first conviction were less likely to be repeat offenders if they were forced to have alcohol interlock devices on their vehicles, according to a new study.

Texas financier R. Allen Stanford is convicted in $7-billion fraud

admin — Wed, 07 Mar 2012 03:13:11 +0000

Former Texas tycoon R. Allen Stanford, whose financial empire once spanned the Americas and made him fabulously wealthy, was convicted Tuesday of bilking his investors out of more than $7 billion through a Ponzi scheme he operated for 20 years.

Stock market suffers worst drop of the year

admin — Wed, 07 Mar 2012 03:13:10 +0000

The stock market suffered its worst drubbing of the year Tuesday, with the Dow industrials sinking more than 200 points as concerns about global growth reemerged on the heels of the market’s extended rally.