Personal Finance News Weekend Reading
[from ]
Weekend reading is a round-up of personal finance and money related stories that caught the eye of our forum members this week:
Why am I being punished for having bought a house I could afford?
Made 1000% now quiting his job
Banks asking for credit card debt forgiveness
A Rate of Zero Percent From the […]
Financial Stories From The Last Week
[from ]
Weekend reading is a round-up of personal finance and money related stories that caught the eye of our forum members this week:
Why Asian Foods Save You Money
Where the pros are putting their cash
U.S. may take stakes in banks
Iceland’s Banking System has been Nationalised
Will a freezer save you money?
Top 10 […]
Some Good Financial News
[from SavingAdvice.com Blog]
By Jennifer Derrick
Every time I turn on the television or visit Internet news sites, I’m assaulted by bad financial news (and other bad news, as well). We all know that the media likes to focus on the bad and, “If it bleeds, it leads.” These days the financial news is filled with reports of foreclosures, […]
Another seesaw day on Wall Street
[from MSN Money Latest Articles]
Core inflation rises for February, but consumer spending grows as well. An accounting investigation finds ‘evidence of misconduct’ at Dell. Oil rises again after yesterday’s price jump.Two billionaires reportedly increase their bid for Tribune.
Economic data: glass half full
[from Bankrate.com: Today's new stories]
The month of February showed strong advances in personal income and personal spending.
TJX: At least 45.7M card numbers stolen
[from MSN Money Latest Articles]
Regulatory filing gives first detailed account of what’s been called ‘the biggest card heist ever.’ Hackers stole information from the discount retailer’s computer system over an 18-month period.
Interest Rate Roundup
[from Bankrate.com: Today's new stories]
Here’s a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com’s weekly national survey of large banks and thrifts.
Oil at $90 a barrel?
[from MSN Money Latest Articles]
When crude prices spiked $5 on a rumor yesterday, observers began wondering how high they would go in the case of a real incident involving Iran.
Jim Cramer: Here’s how to cheat
[from MSN Money Latest Articles]
The popular CNBC host, a former hedge fund manager, could draw scrutiny from federal regulators after telling an interviewer about methods for manipulating the stock market.
S&P has best week since 2003
[from MSN Money Latest Articles]
Existing-home sales rose in February, an industry report says. Blackstone Group files with the SEC to raise billions in an initial public offering. Palm’s earnings fall but beat earlier estimates. GM will give bonuses to top executives for the first time in years.
Wal-Mart hands hourly workers $530M in bonuses
[from MSN Money Latest Articles]
The mega-retailer will pay bonuses averaging $651 to 813,759 hourly U.S. employees at Wal-Mart and Sam’s Club stores.
Senator gets all up in Alan’s grill
[from Bankrate.com: Today's new stories]
People are still bustin’ Alan Greenspan for touting adjustable-rate mortgages in particular and “constructive innovation” in home loan financing in general three years ago.
Stocks soar as Fed leaves rates alone
[from MSN Money Latest Articles]
The central bank leaves its key rate at 5.25%, saying it remains concerned about inflation. Stocks jump; investors see the decision endorsing a strong economy. Adobe Systems and Morgan Stanley lead the S&P 500. FedEx’s profit falls. Oracle also jumps on strong earnings.
Stocks rally modestly ahead of the Fed
[from MSN Money Latest Articles]
Builders broke ground on more homes last month than economists had expected, but building permits fell. The Federal Reserve begins the first day of a two-day meeting. A federal appeals court overturns class-action status in an Enron lawsuit.
Deal talk sends the Dow up 116
[from MSN Money Latest Articles]
Merger news helps boost the Dow more than 100 points, with Dutch bank ABN Amro said to be the next large takeover target. DaimlerChrysler could hit another obstacle in its move to sell Chrysler. The Fed begins a two-day meeting tomorrow.
Inflation fears put Fed on the spot
[from MSN Money Latest Articles]
The central bank is seen holding rates steady next week. Housing starts and earnings from Oracle and Morgan Stanley are due. Wal-Mart gives up on its bank. Starbucks jumps on a rating upgrade. Buyout giant Blackstone may go public.
Community groups warn of default ‘tsunami’
[from MSN Money Latest Articles]
Consumer advocates and members of Congress call for laws warning low-income homeowners about risky subprime mortgages.
Stocks move up despite Greenspan’s worries
[from MSN Money Latest Articles]
A bigger-than-expected gain in producer prices surprises traders. Stocks rise only modestly although there’s strength in metals, airlines and housing stocks. A new bid threatens to detail the Chicago Merc-Chicago Board of Trade combine.
Interest Rate Roundup
[from Bankrate.com: Today's new stories]
Here’s a look at the state of interest rates on five common consumer banking products and the latest rates from Bankrate.com’s weekly national survey of large banks and thrifts.
Mortgage Report Rattles Markets
[from washingtonpost.com - Personal Finance]
A national survey showing that a soaring number of homeowners failed to make their mortgage payments in the last quarter of 2006 rattled lawmakers in Washington and the markets in New York yesterday, as the Dow Jones industrial average plummeted 2 percent, or nearly 243 points.
Retail sales come in short
[from Bankrate.com: Today's new stories]
The February retail sales figures were released this morning, and on the heels of a sluggish January, the February results fell short of consensus estimates.
Home sales forecast brighter in ‘07
[from Bankrate.com: Today's new stories]
Most of the U.S. housing market is looking bright but some localized stormy areas dampen overall outlook.
Jobs report: economy’s vitality
[from Bankrate.com: Today's new stories]
The February employment report, released this morning, didn’t exactly paint the picture of a $13 trillion economy grinding to a halt.