Dow slumps 7% on Black Monday, gold, dollar up « Peter J. Cooper’s Weblog

" But on Black Monday only one section of the stock market showed positive results: precious metal shares which had a leveraged gain on the gold price. In the choppy waters of financial markets this week there may be a chance for late-comers to the precious metals ball to...

AT&T's iPhone puts Verizon on the defensive

"Verizon CEO Ivan Seidenberg used to bristle about how Apple was crowned a wireless success without earning the title. But with Apple announcing it sold 1 million 3G iPhone in just three days, the AT&T/Apple...

Asian shares head for worst quarter in over 5 years

A shaky start to the week as Asian markets wobble on more bad news from America."HONG KONG (Reuters) - Asian shares fell on Monday, heading for their worst quarterly performance in over five years, on persistent concerns about the global credit crunch and the impact of...

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