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What to do in today's iffy market, when to spot a housing rebound & what your gadget really costs - Today in Money 7/16

Posted Jul 16th 2008 8:46AM by Allan Halprin
Filed under: Google (GOOG), Microsoft (MSFT), Yahoo! (YHOO), Time Warner (TWX), Intel (INTC), Sprint Nextel Corp (S), Money and Finance Today, Wells Fargo (WFC), Delta Air Lines (DAL)

In the News
· Consumer Prices Take Biggest Monthly Jump in 26 Years in June
· Delta Posts a $1.2 Billion Quarterly Loss, But Tops Projections
· Intel Earnings Top Estimates, Reassure Investors
· Oil Posts Biggest 1-Day Price Drop in 17 Years
· SK Telecom Reportedly Interested in Buying Sprint Nextel
· Fed Chief Bleak on U.S. Economic Outlook
· Iron & Coal Miner Cleveland-Cliffs Buys Alpha for $10 Billion
· Congress Explores Google-Yahoo Antitrust Issues
· AOL Talks With Yahoo, Microsoft Heat Up Ahead of Yahoo's August 1 Shareholder Meeting
· Bankruptcies Loom for Airlines After Labor Day
· Wells Fargo Tops Estimates, Hikes Dividend
· E.Coli Linked to Beef in 5 States

What to Do With Your Investments in Today's Iffy Market
When the financial world is panicking, you probably will, too. The best advice, though, is this: When you're nervous, don't actually do anything with your investments - and, most especially, don't throw all your money into whatever investment is soaring at the moment.
What should you do about investments? - USATODAY.com

Don't Put All Your Dollars in One Bank

Spread your money among several banks, and several FDIC-insured accounts, to stay protected.
Spread your money among several banks to stay fully protected - MarketWatch

Housing Rebound: When to Spot One
Nationally, there's still a dark cloud hanging over housing. But to check the health of your local region, look for a few key clues.
Housing rebound: When to spot one - CNNmoney

What Your Gadget Really Costs

Market researcher iSuppli digs into your Xbox, iPod, and more to find out how much they cost the makers to make. You may have paid less for it. The cost to make an iPod, Xbox, and other electronics has big bottom-line implications at Apple, Microsoft, and their peers. Some companies are willing to swallow losses on some gadgets-for instance, gaming consoles-in hopes that they'll make up the difference, and then some, on sales of related gear, such as video game software. Other companies, including Apple, are able to sell many products for a healthy profit from the get-go.
http://images.businessweek.com/ss/07/01/0118_teardown/index_01.htm?technology+slideshows

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