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Articles Written by: TRAVIS PANTIN
In December 1998, preaching a gospel of socialist revolution that had gone blessedly unvoiced in the decade following the fall of the Berlin Wall, Hugo Chávez won a landslide election for the presidency of Venezuela. At the time, his governing ...
From TRAVIS PANTIN,
Commentary,
13 Jun 2008
Investors are eagerly awaiting news from the Federal Reserve today, as Chairman Ben Bernanke meets with his colleagues to consider further interest rate cuts barely a week after they were sliced an aggressive three-quarters of a percentage point.
Most ...
From TRAVIS PANTIN,
The New York Sun,
30 Jan 2008
New home sales plummeted in December, according to data released today by the Commerce Department. The figures were significantly lower than expected, and bode poorly for America's economic outlook, as the housing slump continues to worsen.
The report ...
From TRAVIS PANTIN,
The New York Sun,
28 Jan 2008
Citigroup, after an $18 billion write-down, has dropped an additional sum, possibly more than $100,000, on a prominently placed two-page color ad in Gourmet magazine in which a young woman tells readers of the cooking magazine, "I don't cook. So I made ...
From TRAVIS PANTIN,
The New York Sun,
28 Jan 2008
With Florida's real estate market reeling, brokers in Miami increasingly are targeting wealthy New Yorkers as a potential new audience to buy their unsold properties. The push to market to New Yorkers is ramping up as brokers rush to sell properties ...
From TRAVIS PANTIN,
The New York Sun,
24 Jan 2008
In a rare and unexpected move, the Federal Reserve cut its benchmark interest rate by 0.75% early yesterday, in response to worldwide selling sprees that sent international stock markets plummeting on Monday.
Many economists are worried that aggressive ...
From TRAVIS PANTIN,
The New York Sun,
23 Jan 2008
The Federal Open Market Committee lowered its federal funds rate on overnight loans between banks to 3.5% from 4.25%, and the Board of Governors approved a decrease in the discount rate to 4% from 4.75%.
In a rare and unexpected move, ...
From TRAVIS PANTIN,
The New York Sun,
22 Jan 2008
Those making the case that America's economic free fall will not reach well into 2008 will find the going more difficult after a number of unexpectedly weak economic signals released yesterday sent shock waves through the markets.
Matters were not ...
From TRAVIS PANTIN,
The New York Sun,
17 Jan 2008
A New York-based computer security firm, MessageLabs Inc., is bringing digital demons to life.
A new MessageLabs advertising campaign features illustrated versionsofcomputersecuritythreats, including spyware, spam, and phishing attacks. The 3-D shapes ...
From TRAVIS PANTIN,
The New York Sun,
17 Jan 2008
Goldman Sachs said yesterday it is confident the economy is entering a recession, adding significant support to a similarly negative prediction issued by economists at Morgan Stanley earlier this week.
The investment bank said in a research note that ...
From TRAVIS PANTIN,
The New York Sun,
10 Jan 2008