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Economic Data (USA)

Tuesday, December 20, 2005

Trading Will Go On As Usual, Despite Crippling Transit Strike

New York City's transit workers have officially been on strike since 3 a.m. this morning; the strike is the first since 1980. Traffic has already been a problem as commuters tried to beat a 5 a.m. restriction on cars entering The City with fewer than 4 passengers. Trading @ The NYSE will go on as usual.

In other NYSE news this morning, Chevron, the nation's #2 oil company, announced that the company has struck black gold in a oil well that is reportedly the deepest in the Gulf of Mexico.

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