Where are the Pros Putting Their Cash?
Money magazine asked several financial experts: What are you doing with your own portfolio in the wake of the financial crisis?
http://money.cnn.com/galleries/2008/moneymag/0810/gallery.crisis_pros.moneymag/index.html
As the Economy Sinks So Do the Odds of a Tax Cut
One of the riskiest financial moves you make this year could be listening to the presidential candidates-and banking on a tax cut after the November elections. John McCain and Barack Obama both promise that widespread tax cuts will be one major way they'll revive the economy and help lift consumers' sagging spirits. But here's what you're not likely to hear either candidate say before Election Day on November 4: There's no money left for tax cuts.
http://www.usnews.com/blogs/flowchart/2008/10/9/as-the-economy-sinks-so-do-odds-of-a-tax-cut.html
Beating the Budget Crunch
For the average American family, pretty much every regular expense -- from gas and groceries to utilities -- is significantly pricier than it was a year ago. Here is how to scale back on regular expenses like groceries, utilities, gas, phone services and prescription drugs without feeling like you're doing without.
http://www.smartmoney.com/deal-of-the-day/index.cfm?story=Beating-the-Budget-Crunch&hpagenda=1
The New Age of Frugality
Americans' charge-it culture is getting an overdue reality check. But will the new discipline stick?
http://www.businessweek.com/magazine/content/08_42/b4104054847273.htm?campaign_id=twxa
How Will You Cope With the Bad Economy? The View From Starbucks
BusinessWeek speaks with people at Starbucks around the country and asked people about the impact of the financial and economic turmoil on themselves and their families, and to suggest ideas on how to make things better.
http://images.businessweek.com/ss/08/10/1009_starbucks/index.htm
How Oprah Viewers Are Cutting Back
"It feels like a big wake up call," Oprah Winfrey said on her show yesterday, which focused on how Americans are getting creative in cutting back on spending. Here are some of Oprah's viewers fugal finance tips.
http://www.mainstreet.com/article/money/budgeting/how-oprah-viewers-are-cutting-back
Bawl Street
Luxury retailers like Tiffany and Hermès bet big on Wall Street-literally. Now their expensive new stores are expensive empty stores.
http://www.portfolio.com/culture-lifestyle/goods/style/2008/10/10/Wall-Street-Retail-at-Risk
Most Valuable Celebrity Faces
Shrinking wallets probably means shrinking readership to magazines so celebrities that move magazines most will be in even more demand. Over the past year nobody moved magazines more than Angelina Jolie who tops this years list. Last year's top seller Jennifer Anniston ranks second and the late Heath Ledger ranks third.
http://www.forbes.com/2008/10/08/magazines-jolie-aniston-biz-media-cx_lr_1009coverstars.html
For a quick-read on the U.S. economy, check the price of gasoline
Closing Bell: What Friday 13th curse? (ANF, BA, GENZ, DIS, PALM, PLA)
Cramer on BloggingStocks: Recognize the ludicrous pattern
