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Audio: Desperate times call for avoiding desperate measures
Robert Powell, editor of Retirement Weekly, said in a radio interview that older investors feeling the pinch of the economy and the stock market need to find ways to avoid the most desperate of financial moves, namely tapping retirement plans early, taking life settlements on insurance policies, or taking out a reverse mortgage. Powell said that seniors too often jump at these moves, losing valuable dollars to taxes or fees, which simply makes it even harder to save sufficiently for retirement.
MarketWatch.com

The British (retail) invasion
Sir Philip Green spreads his arms wide inside the 40,000-square-foot space that will soon become the first U.S. location of his retailer Topshop. 'This is awesome,' he says, his voice echoing around the guts of the Lower Manhattan landmark building. Sunlight streams through the windows onto his broad face as his architects show him where the deejay booth will hang from the ceiling. 'This is everything you would want in retail,' he crows inside the cavernous space.
CNN Money

Paulson: inflation becoming top global focus
LONDON (Reuters) - U.S. Treasury Secretary Henry Paulson said on Thursday inflation was becoming the top economic focus of many countries around the world as oil and food prices take their toll.
Reuters

Sukuk and the city
profiles the UK's capital's bid to become the Islamic finance capital of Europe. The City of London has had a rough time recently, with markets being hit by the credit crunch and growing pessimism ove...
Big News Network

The high cost of filling up
The poorest pockets of the U.S. are the hardest hit by soaring gas prices
The Globe and Mail

Bad Times Become Good For Consultant Of Troubled Businesses
For FTI Consulting, good times are fine. But bad times are better.
Investors.com

Wall St slides into bear market
THE DOW became the second Wall St index to sink into bear market territory yesterday, as oil prices continued to hit fresh highs.
The Australian

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