Brett Fowkes invested in the American dream. For 28 years, the Las Vegas architect worked hard, and worked even harder to save money. When he parted with his cash, he bought U.S. products, he said. Through the years, Fowkes stayed out of debt and even
BOSTON (Reuters) – Yale University’s endowment has lost 25 percent, or $5.5 billion, in four months, becoming the latest wealthy university to say how much of a bite the current financial crisis has taken out of its finances.
MONTERREY, Mexico (Reuters) – An American anti-kidnapping expert who was himself abducted last week in northern Mexico was likely snatched by drug traffickers seeking to protect their turf, police said on Tuesday.
Technology stocks rose sharply Tuesday alongside the broader market following the Federal Reserve’s announcement that it’s slashing interest rates. All tech sectors including Internet, software, chips and hardware saw gains in afternoon action.
The OPEC cartel plans to slash its oil production by a further 2 million barrels a day, the Saudi oil minister said on Tuesday, as producers struggle to contain a collapse in prices amid a global recession. In addition, producers outside of the cartel,