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Market opening at 2-month high; real test is ahead (Honolulu Advertiser)
NEW YORK — Wall Street will open for trading today at a two-month high as investors have grown more optimistic that the worst of the market's rout might be over. But, analysts contend, the real test is still to come.

LANNI'S LEGACY (Las Vegas Business Press)
Terry Lanni didn't take a victory lap. He didn't stop for the applause and he didn't wait for the accolades.

Libeskind Flags 9/11, Spurned Master Plan in New Condo Tower (Bloomberg)
Jan. 5 (Bloomberg) -- Daniel Libeskind has proposed a tower next to Manhattan’s Madison Square with huge multifloor gashes hacked out of its tubular form. Were it to be built, it would be a crude and unavoidable reminder of the horrors of 9/11.

Where to next? Follow the data (Las Vegas Review-Journal)
There you sit, waiting for some economists with their fancy-boy Ph.D.s to tell you when you can leave the foxhole you've burrowed into while you ride out the recession.

Who Is Going To Buy All Those Homes? (Investor's Business Daily via Yahoo! News)
A housing market recovery could be just what's needed to resuscitate the recession-mired economy, many experts believe.

2008 Duneland Year in Review: The ups then downs of a troubled year (Chesterton Tribune)
Amid a number of records and unprecedented events, one thing is clear about 2008: The year ended on quite a different note than when it began. Consider President George W. Bush’s declaration in February, when he tried to assure Americans that “this country is not recession-bound.”

U.S. Economy: Confidence Sinks to Record Low on Jobs (Update1) (Bloomberg)
Dec. 30 (Bloomberg) -- Consumer confidence sank to the lowest level in at least 41 years this month as Americans grew more concerned about keeping their jobs and paying their mortgages, raising the risk they’ll spend less next year.

Consumer Confidence in U.S. Slumps to Record on Jobs (Update2) (Bloomberg)
Dec. 30 (Bloomberg) -- Confidence among U.S. consumers unexpectedly dropped in December to a record on growing anxiety over the lack of jobs, raising the risk that spending will keep weakening into the new year.

Consumer Confidence in U.S. Declines to Record Low (Update1) (Bloomberg)
Dec. 30 (Bloomberg) -- Confidence among U.S. consumers unexpectedly dropped in December to a record low as Americans grew increasingly concerned about jobs, raising the risk that spending will keep weakening into the new year.

2008 Year In Review: Working Through the Pain with Little Prospect of Gain (CoStar Group)
The wild ride from business boom to real estate bust ended abruptly in 2008, leaving many in commercial real estate, and in several other industries, with a bad case of whiplash -- aggravated by the extensive shoe gazing over what might have been if the...

 

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