Published in News

Web jammed in demand for financial news

by on10 October 2008

Image

Slow, slow, quick, quick, slow


Punters are
jamming the tubes of the Internet as they are looking for the latest money news along with tips on how to salvage investments and save on the cost of living.

Sites like the Wall Street Journal and Yahoo Finance set new records this week as the U.S. Congress grappled with its 700 billion dollar plan to stop credit markets from imploding.

Internet tracker comScore said visits to www.gasbuddy.com, which steers drivers to stations featuring low fuel prices, are up nearly 30 percent. ComScore expects spikes in traffic to finance and bargain-hunter Websites to be seen when it comes to look at the September statistics today. Finance general manager Mark Interrante told AFP that his investment pages are full to bursting with people wanting to know what is going on with stocks.

Google queries regarding "stocks" nearly tripled in September, and Akamai Technologies, which handles online traffic for major news outlets such as NBC and the BBC, reports visits to those Websites surged to record levels as the dramatic events played out in money markets. The Wall Street Journal had two million visitors in a single day.

Penny-pinchers Website, SavingAdvice.com, says it has seen "a significant amount of traffic" for information about shopping coupons, deals on gasoline and troubled banks.

More here.

Last modified on 11 October 2008
Rate this item
(0 votes)