Entries from June 2008

Everything’s coming up roses for investors this morning! Go team! Yesterday, CNN reported slipping stocks on Wall Street and a new report on US consumer confidence as waivering, however, today things are looking up for men in dark suits. Today, Wall Street saw the Dow rise by 0.42% and Nasdaq by 1.5%. The price of our fave street-corner dirty girl, light, sweet crude, fell from $4.17 to $132.83 on NY’s Mercantile Exchange. Another point helping Wall Street is that those hot messes at the US Federal Reserve decided to hold rates. Investors are saying thank you and crossing their fingers for a little hike in the skirts of the Fed, to show some sexy leg, in the near future.
Source: Yahoo! News
Categories: Uncategorized
Tagged: Dow, Economy, Investing, Money, Nasdaq, Oil Prices, Wall Street

Wall Street got a firm smack on the ass today and not in a good way. The Dow lost 0.3% of its dignity, while Nasdaq lost 0.7%. The slip is partially due to US consumer confidence, which is pretty poops right now according to a new report out today that states it’s at a sixteen year low! This is due to the usual culpret, weak growth, and its naughty love affair with higher prices is not helping. Also increasing oil prices are a concern. That’s your not-so-surprise of the day, cherish it.
This guy, Ralph Parks of Ralph Parks Investments, says something like he thinks in six months we’ll all be “dancing and laughing and forget that all this ever happened,” ok no, he said “I’d say that about six months from now, the market should be stronger and the economy should start to pick up, since the market reflects the economy.” Are you sure? Who knows. CNN seems to belive him, as they quoted him in their article.
Source: CNN.com, Source: CNN.com
Categories: Economy · Money
Tagged: Bear, Boring Stuff, Dow, Economy, Humor, Humour, Nasdaq, Stock Market, Wall Street




Everyone’s favourite gajillionaire investment guru, Warren Buffet, is auctioning off lunch with himself with the most recent bid at $40,000. THAT’S IT?! Last year, lunch with this smart, sexy beast went for $650,000. CHUMP CHANGE! All that will get you on the arm of this man-candy is a Big Mac, some beauty advice, and a quick kiss (yes, just a quick one). Of course, that’s okay, because all of the proceeds go to Glide Foundation to benefit San Fran’s homeless
Source: The Star
Categories: Money
Tagged: Charity, Humor, Humour, Investments, Money, Nice Guys, Rich People, Warren Buffet
Welcome to No Snooze News! Do you need to know the news, but find that CNN.com puts you to sleep? Are you writing a term paper, but would rather be at the bar? Do you need to look smart at work and in the social scene, but would rather watch reruns of Melrose Place than BBC News? Look no further, No Snooze News is here to solve all of your problems! Well, not solve all your problems, but maybe scratch the surface of a few of your more superficial ones. We aim to do this by providing you with the news you need in an easy-to-read, high school gossip format. Enjoy!
Categories: Uncategorized