Wikinvest Wire

Tuesday morning links

Tuesday, October 14, 2008

Bush Announces Plan to Buy Stakes in Largest Banks - WSJ
Dow posts biggest one-day point gain in history - LA Times
Don't break out the bubbly just yet - MarketWatch
Poll: Hopes slip on leaders fixing economy - USA Today
Financial Warfare over future of global bank power - Financial Sense
Banking crisis challenges US superpower status - AFP
Commodity Prices Tumble - NY Times

World stocks soar as credit markets ease - AP
Gold positioned to end losing streak on weaker dollar - MarketWatch
Oil rises above $84 as financial panic eases - AP
Golden Opportunity - Barron's
“I will survive” Gloria Gaynor - Saut, Raymond James

PepsiCo profit misses view; to cut 3,300 jobs - Reuters
Daimler to cut 3,500 jobs as truck demand weakens - MarketWatch
Retailers cutting back on holiday hiring - LA Times
Restaurants may change menus, hike prices in 2009 - AP
Professor and Columnist Wins Economics Nobel - NY Times

5 keys to finding housing bargains - MSN Money
The Trouble With Homeownership - NewsWeek
Kashkari Gives Glimpse into TARP - HousingWire
What's in the McCain mortgage plan? - Bankrate

Bernanke says U.S. plan to help revive markets: report - Reuters
Paulson's statement on actions to protect the US economy - Telegraph
Intervention Is Bold, but Has a Basis in History - NY Times

U.K. Inflation soars to 5.2% - Guardian
Icelandic Shoppers Splurge as Currency Woes Reduce Food Imports - Bloomberg
U.K. Mortgage lending plunges by 63 per cent - Telegraph
Iceland markets plummet - Guardian
Australia unveils $7.4 billion fiscal stimulus plan - MarketWatch

The Financial Fiasco: Emotional, Irrational, Inevitable - LiveScience
China Loss Is Alabama Gain as Sleeping-Bag Firm Adds U.S. Jobs - Bloomberg

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