I am happy to announce here - THE COLORFUL WAYS is under another re-structure AGAIN.
The idea is getting closer to my ULTIMATE GOAL for the website few years ago. At the mean time, no more updates will be available until the new site up. So, if you are still looking for any financial news, stock [...]

The top Democrat and top Republican in the Senate Tuesday promised swift action to pass a bipartisan financial rescue plan.
A day after the House narrowly rejected a $700 billion proposal, Senate Majority Leader Harry Reid and Senate Minority Leader Mitch McConnell called for an end to partisan bickering.
“We will get the job done. We’ll get [...]

Dozens of U.S. retailers are being closely watched by bankruptcy and restructuring professionals as the crucial holiday sales season approaches.
Those at greatest risk are chains selling goods and services considered nonessential, or ones that are loaded with debt, say analysts and investors who follow distressed companies.
That’s because with the biggest U.S. financial crisis since the [...]

US stocks opened sharply higher amid optimism that Congress will eventually pass some kind of financial rescue package. But the continued freeze-up in credit markets remains a big worry for investors.
The stock market “is the sideshow,” Art Cashin, director of floor operations for UBS told CNBC. “The center ring in this circus is what’s happening [...]

LONDON (Reuters) - The cost of borrowing overnight dollars on global money markets soared on Tuesday despite central banks pumping billions into the banking system to prevent it seizing up further after U.S. lawmakers’ rejection of a $700 billion financial rescue bill panicked markets.
The scramble for cash as banks sought to square their books over [...]

NEW YORK/LONDON (Reuters) - Bank rescues spread in Europe on Tuesday and some investors expressed faith that the Congress would eventually approve a $700 billion bailout plan for the financial sector.
Stock index futures rose 2 percent, suggesting stocks will open higher on Wall Street, after the House of Representatives rejected the rescue plan and sent [...]

TOKYO (Reuters) - Citigroup Inc (C.N: Quote, Profile, Research, Stock Buzz) plans to sell Bellsystem24 Inc, a Japanese call center, and has hired Goldman Sachs (GS.N: Quote, Profile, Research, Stock Buzz) and Niko Citigroup as financial advisers for the deal, according to people with direct knowledge of the plan.
The company, which is owned by a [...]

The rejection of the bailout bill is likely to plunge the world economy into recession unless central banks step in to limit de disaster by cutting interest rates, experts said.
Help the Consumer, Cut Rates
“I’m very pleased that it was rejected because I don’t think it would have worked. Fiscal packages don’t work in these [...]