S&P’s downgrade of US debt, stocks plummet 600+ points, double dip recession worries, housing market continues to slump, Europe debt crisis deepens, it seems that today above all others was chock full of bad/horrible business news. Flipping from news site to news site got so depressing after a while that I decided to search far and wide for 3 good business news stories to share:
- Airlines cut ticket prices as federal taxes return. Cheaper plane tickets from Southwest, AirTran, Jet Blue and American, definitely counts as good news.
- Oil prices drop below $80 a barrel. Great!.. Though, why was oil that high to begin with?
- GM profits double as global sales rise. This last one took quite a few google searches, but it certainly counts. A growing GM is good for a large portion of the US economy.
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