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Economists at odds over savings rate
Mar 4 2006 11:36PM (CT)
NEW YORK (AP) - Now that America's savings rate has been negative for an entire year, a first since the Great Depression, the question is whether we're a spendthrift nation on its way to the poor house or whether we're looking at the wrong numbers when we calculate savings.
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Intel lowers revenue forecast on share loss
Mar 4 2006 11:32PM (CT)
SAN JOSE, Calif. (AP) - In a troubling sign for a tech industry dominated by Intel Corp. chips, the world's No. 1 semiconductor company sharply cut its first-quarter revenue forecast Friday after seeing weaker-than-expected demand and a "slight" share loss to rivals.
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Dow, Nasdaq show single-digit declines
Mar 4 2006 11:31PM (CT)
NEW YORK (AP) - Stocks fluctuated before closing slightly lower Friday after a Federal Reserve governor's upbeat comments on inflation helped ease worries about a bleak forecast from Intel Corp. The major indexes finished mixed for the week.
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Buffett says Berkshire gain beat S&P 500
Mar 4 2006 9:55PM (CT)
OMAHA, Neb. (AP) - Billionaire investor Warren Buffett assured stockholders in his annual letter Saturday he knew who would replace him as chairman of Berkshire Hathaway Inc. if "I should die tonight."
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