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| Daily News >> Finance & Business >> Personal Finance |
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1. One in 10 with a mortgage face foreclosure
WASHINGTON -- One in 10 American households with a mortgage was at risk of foreclosure this summer as the government's efforts to help have had little impact stemming the housing crisis.
 
Foreclosure - Business - Real estate - Investing - United States
Updated: Thu, 26 Aug 2010 10:43:36 EDT
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2. Report on Fannie, Freddie gives new theory for collapse
A report Thursday by the federal regulator overseeing Fannie Mae and Freddie Mac put a new wrinkle in a common explanation for why the mortgage giants collapsed and could complicate efforts to restructure them.
Fannie Mae - Freddie Mac - United States - Mortgage loan - Real estate
Updated: Thu, 26 Aug 2010 22:12:01 EDT
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3. Mortgage modifications offer a bit of good news in the dour foreclosure market
Homeowners who had mortgages modified recently are faring better than those who did so earlier in the housing crisis, according to a report released Tuesday, possibly debunking predictions of a huge wave of defaults to come.
Foreclosure - Business - Mortgage - Mortgage loan - Real Estate
Updated: Sat, 28 Aug 2010 00:00:00 EDT
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4. Refinancing? Rates on auto loans are falling, too.
NEW YORK -- It's easy to overlook the cost of auto loans with mortgage rates grabbing all the attention.
Refinancing - United States - Financial Services - Business - Loan
Updated: Sun, 29 Aug 2010 00:00:00 EDT
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5. Social Security payback option may disappear
A little-known strategy that allows Social Security recipients to boost their income by repaying benefits received in earlier years and then claiming a bigger monthly check based on their greater age may soon disappear. The Social Security Administration (SSA) is moving to eliminate the do-over...
Social Security - United States - Politics - Law - Privatization
Updated: Sun, 29 Aug 2010 00:00:00 EDT
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6. Merrill mauls Morgan Stanley in clash of U.S. brokerage titans
In the clash of the two largest U.S. brokerages, Bank of America Corp.'s Merrill Lynch is generating more profit with fewer people than the business Morgan Stanley formed by buying a controlling stake in a venture with Citigroup Inc.'s Smith Barney.
Morgan Stanley - Morgan - Recreation - Autos - United States
Updated: Mon, 30 Aug 2010 07:58:00 EDT
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7. Mortgage Bonds Lose Ground With Home Refi Boom: Credit Markets
Fannie Mae, Freddie Mac and Ginnie Mae bonds tied to home loans returned 34 basis points, or 0.34 percentage point, less than U.S. debt last month, Barclays Capital indexes show. Fannie Mae's 6.5 percent bonds maturing in about 24 years fell 0.75 cent last month to 108.9 cents on the dollar as 4.5...
Business - Investing - Dot-com bubble - Mutual fund - Funds
Updated: Wed, 01 Sep 2010 14:31:02 EDT
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8. Mortgage rates hit decades-low of 4.32 percent
WASHINGTON -- Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy.
Business - Mortgage - United States - Financial Services - Mortgage loan
Updated: Thu, 02 Sep 2010 10:27:42 EDT
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9. Builders of NYC mosque face financial hurdles
NEW YORK -- The developers planning to build a $100 million Islamic center near the World Trade Center site still have financial hurdles to clear: They haven't finished buying all the property they want for the project and are nearly a quarter-million dollars behind on real estate taxes and late...
Arts - Islam - Religious - Architecture - Islamic
Updated: Thu, 02 Sep 2010 19:04:48 EDT
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10. Democrats add fiscal austerity as a campaign issue
The candidate was outraged - just outraged - at the country's sorry fiscal state.
United States - Democratic - Politics - Parties - Washington
Updated: Fri, 03 Sep 2010 21:03:01 EDT
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11. Fannie Mae's national lending program HomePath is worth a look
If you fit the profile -- typically buyers with little cash on hand or small-scale investors looking for a deal on a foreclosed house -- a little-publicized national lending program could be just what you need this fall.
Fannie Mae - United States - Freddie Mac - Thailand - Provinces
Updated: Sat, 04 Sep 2010 00:00:00 EDT
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12. Blowing the whistle on a co-worker's resume fraud
Q I recently learned, quite by accident, that a colleague at my office has grossly misstated her academic credentials on her résumé (which I have seen), probably since before she came to our company. She's an excellent executive and a very nice person, but I am troubled by this ethical lapse, which...
Fraud - Winds - Tin Whistle - Music - Arts
Updated: Sun, 05 Sep 2010 00:00:00 EDT
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13. Obama outlines steps taken to help middle class
WASHINGTON -- A healthy economy needs bustling Main Streets and a thriving middle class even more than a healthy stock market, President Barack Obama said as he reaffirmed his commitment to work hard for America's hardworking men and women.
United States - Barack Obama - President - History - Government
Updated: Sat, 04 Sep 2010 06:10:02 EDT
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14. Color of Money: Author Willie Jolley tells how to face economic fears positively
TURN SETBACKS INTO GREENBACKS: 7 SECRETS FOR GOING UP IN DOWN TIMES
Color Of Money - Arts - Romance - Sports - United States
Updated: Sun, 05 Sep 2010 00:00:00 EDT
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15. Making Social Security less generous isn't the answer
There are a lot of things Congress doesn't know right now. What to do about jobs, for instance. Who'll be running the House come January. How to balance the budget. But there is one thing that both parties increasingly seem to agree on: You should work longer.
Social security - United States - Politics - Privatization - Law
Updated: Sun, 05 Sep 2010 00:00:00 EDT
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16. 7 strategies to avoid the college debt trap
Is it worth it to pay $200,000 for a liberal arts education, especially if it means taking out loans? One of my 20-something Kiplinger colleagues answers bluntly: "If I had realized how much debt I was getting into, I would have gone to my state school instead of an expensive private college."
Finance - United States - Education - Colleges and Universities - Government
Updated: Sun, 05 Sep 2010 00:00:00 EDT
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17. NIH cannot fund embryonic stem cell research, judge rules
A federal judge on Monday blocked the Obama administration from funding human embryonic stem cell research, ruling that the support violates a federal law barring the use of taxpayer money for experiments that destroy human embryos.
Stem cell - Biotechnology - Embryonic stem cell - Biology - United States district court
Updated: Tue, 24 Aug 2010 00:00:00 EDT
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18. Fairs help job-seekers with security clearances connect with intelligence firms
Outside a hotel ballroom near Baltimore-Washington International Marshall Airport, about three dozen men and a handful of women lined up one recent morning to get a colored dot - green, blue or red - affixed to their suits and dresses.
Employment - United States - Business - Business and Economy - Job Search
Updated: Tue, 24 Aug 2010 21:39:01 EDT
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19. New-home sales hit a 40-year low
Sales of newly built homes dropped to their lowest level since the government started tracking the numbers more than four decades ago, with demand for home purchases down in all four regions of the country.
Business - Marketing and Advertising - Salesmanship - Tax credit - Real Estate
Updated: Wed, 25 Aug 2010 21:07:03 EDT
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20. Political Economy: Jobless claims fall, but not enough
Weekly unemployment claims declined Thursday for the first time in a month, but did not fall steeply enough to alleviate ongoing concern about the nation's economic recovery.
Jobless claims - Social Sciences - Economics - Unemployment - Politics
Updated: Thu, 26 Aug 2010 09:53:29 EDT
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21. Foreclosures, delinquencies drop but may climb again
Foreclosures and late payments on home mortgages dropped slightly in the second quarter of this year, but sustained high unemployment and a stalled economic recovery could make the improvement short-lived.
Foreclosure - Mortgage Bankers Association - Loan - Mortgage loan - Business
Updated: Thu, 26 Aug 2010 18:37:01 EDT
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22. Report on Fannie, Freddie gives new theory for collapse
A report Thursday by the federal regulator overseeing Fannie Mae and Freddie Mac put a new wrinkle in a common explanation for why the mortgage giants collapsed and could complicate efforts to restructure them.
Fannie Mae - Freddie Mac - United States - Mortgage loan - Real estate
Updated: Thu, 26 Aug 2010 22:12:01 EDT
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23. Bernanke: Recovery 'less vigorous' than expected but on track
JACKSON HOLE, Wyo. -- Federal Reserve Chairman Ben S. Bernanke acknowledged in a much-awaited speech Friday that the pace of economic growth "recently appears somewhat less vigorous" than expected, but said that the economy is on track to continue growing and the central bank would only take new...
Ben Bernanke - Federal Reserve System - United States - Business - Storage
Updated: Fri, 27 Aug 2010 10:17:00 EDT
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24. U.S. stocks rebound on better GDP report, Fed comments
U.S. stocks jumped Friday, recovering some of the week's losses, as investors were encouraged by better-than-expected news about economic growth and a renewed commitment from the Federal Reserve to intervene should the economy take a turn for the worse.
Gross domestic product - Business - Investing - Stocks and Bonds - Equities
Updated: Fri, 27 Aug 2010 23:03:01 EDT
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25. New rules for your money
In this era of high unemployment, flat home prices and do-it-yourself retirement savings, some traditional rules of saving and investing are due for an overhaul.
Games - Card Games - Home - Personal Finance - Money Management
Updated: Sun, 29 Aug 2010 00:00:00 EDT
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26. USAJobs a good Web source for job hunters, but not all openings are listed
Derrick T. Dortch, president of the Diversa Group, is a career counselor who specializes in government job searches and military transition. This is adapted from a recent chat at washingtonpost.com.
Employment - United States - USAJOBS - Business - Business and Economy
Updated: Sun, 29 Aug 2010 00:00:00 EDT
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27. Joseph Lynch returns to his military roots
Position: General counsel and corporate secretary of the Military Officers Association of America (MOAA), an Alexandria-based nonprofit membership organization for current and retired active-duty, National Guard and reserve military officers and their families and survivors.
United States - Military - US House of Representatives - Massachusetts - Stephen Lynch [D-9]
Updated: Sun, 29 Aug 2010 17:41:00 EDT
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28. 5 years after Katrina, D.C. area hotel firms see gulf business pick up
In the five years since Hurricane Katrina devastated the Gulf Coast, the tourism industry there has struggled to come back. But several Washington area hotel companies are beginning to see a return to profit at their lodgings in the region, after contending with property damage, revenue decline a...
Hurricane Katrina - New Orleans - United States - Gulf Coast of the United States - Katrina
Updated: Sun, 29 Aug 2010 17:42:00 EDT
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29. Car sales and consumer spending up, but experts not convinced of trend
At first blush, a government report released Monday appeared to offer hope to the nation's struggling auto industry: New-car sales in July fueled an uptick in consumer spending, which had been wheezing for three straight months.
Consumer spending - Business and Economy - Home - Unemployment - United States Department of Commerce
Updated: Mon, 30 Aug 2010 21:48:00 EDT
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30. For banks, good news on earnings but not risk of failure
Lenders posted their biggest quarterly profit in almost three years, even as the number of banks at risk of failure rose to 11 percent of insured institutions, the Federal Deposit Insurance Corp. said Tuesday.
United States - Federal Deposit Insurance Corporation - Heart failure - Sheila Bair - Health
Updated: Tue, 31 Aug 2010 19:54:02 EDT
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31. SEC won't pursue fraud case against Moody's
Moody's, one of three major credit rating firms that misjudged many of the securities at the center of the financial crisis, escaped legal action when regulators said they would not sue the company for fraud despite finding evidence that the firm misled investors.
Moody - Fraud - Business - U.S. Securities and Exchange Commission - Credit rating agency
Updated: Wed, 01 Sep 2010 00:18:00 EDT
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32. Chief economist calls on Congress to 'finish the job of economic recovery'
Departing White House chief economist Christina Romer urged Congress on Wednesday to "finish the job of economic recovery" by pumping more cash into the economy through additional tax cuts for businesses and middle-class families, as well as fresh investments in the nation's infrastructure.
United States Congress - Congress - United States - People - Economic
Updated: Wed, 01 Sep 2010 21:37:01 EDT
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33. Apple revamps iPods in fall product line
Apple Inc. introduced a new line of iPods today, touting new colors, improved camera functionality and better battery life. Here is a play-by-play of Steve Job's demonstration of the music players to the public. Read more about Apple's fall product line on Faster Forward.
Apple - Netflix - Macintosh - Apple II - Television
Updated: Wed, 01 Sep 2010 16:33:01 EDT
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34. SAIC reports 54 percent growth in second-quarter profit
Government contractor Science Applications International Corp. says its second-quarter profit grew nearly 54 percent as it refocused its business on key growth areas, such as cybersecurity, energy and health.
United States - SAIC - General Motors - Services - Business
Updated: Wed, 01 Sep 2010 20:02:01 EDT
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35. Political Economy: First-time claims for jobless benefits down slightly
The number of U.S. workers filing for unemployment benefits fell only slightly last week and productivity at businesses dropped for the first time in eight quarters, according to government statistics released Thursday, reflecting an economic recovery that continues to stall.
Economic - Social Sciences - Unemployment - United States - Recession
Updated: Thu, 02 Sep 2010 14:33:17 EDT
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36. Put the millionaires' tax money to good use
If Democrats can't make a convincing case for raising taxes on 315,000 millionaires and using the money to rebuild the country's aging infrastructure, then maybe they don't deserve to be reelected.
Tax - Accounting - Politics - United States - Taxation
Updated: Thu, 02 Sep 2010 20:16:01 EDT
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37. Regulators fell short in identifying and addressing problems, Bernanke says
Regulators fell short in using their powers "forcefully or effectively" to stop risky practices by banks and were slow to identify and address abuses in the U.S. financial system that led to global economic crisis, Federal Reserve Chairman Ben S. Bernanke told a panel investigating the financial ...
Ben Bernanke - Financial Crisis Inquiry Commission - Federal Reserve System - Financial crisis - Monetary policy
Updated: Thu, 02 Sep 2010 21:52:01 EDT
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38. For the young set to learn about saving, debt and money management, it all starts at home
Some families watch TV after dinner. Others review white papers on economics.
Money management - Home - Personal finance - Financial Services - Business
Updated: Sun, 05 Sep 2010 00:00:00 EDT
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39. Not-so-dire jobs report gives stocks a boost
The stock markets topped off their best week in a month Friday, as the latest jobs report calmed fears that the sputtering economy was headed toward a double-dip recession.
Business - Equities - Investing - Stocks and Bonds - Employment
Updated: Fri, 03 Sep 2010 22:07:01 EDT
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40. Blowing the whistle on a co-worker's resume fraud
Q I recently learned, quite by accident, that a colleague at my office has grossly misstated her academic credentials on her résumé (which I have seen), probably since before she came to our company. She's an excellent executive and a very nice person, but I am troubled by this ethical lapse, which...
Fraud - Winds - Tin Whistle - Music - Law
Updated: Sun, 05 Sep 2010 00:00:00 EDT
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41. 7 strategies to avoid the college debt trap
Is it worth it to pay $200,000 for a liberal arts education, especially if it means taking out loans? One of my 20-something Kiplinger colleagues answers bluntly: "If I had realized how much debt I was getting into, I would have gone to my state school instead of an expensive private college."
Finance - United States - Education - Colleges and Universities - Government
Updated: Sun, 05 Sep 2010 00:00:00 EDT
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42. Making Social Security less generous isn't the answer
There are a lot of things Congress doesn't know right now. What to do about jobs, for instance. Who'll be running the House come January. How to balance the budget. But there is one thing that both parties increasingly seem to agree on: You should work longer.
Social security - United States - Politics - Privatization - Law
Updated: Sun, 05 Sep 2010 00:00:00 EDT
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43. Color of Money: Author Willie Jolley tells how to face economic fears positively
TURN SETBACKS INTO GREENBACKS: 7 SECRETS FOR GOING UP IN DOWN TIMES
Color Of Money - Arts - Romance - Sports - United States
Updated: Sun, 05 Sep 2010 00:00:00 EDT
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44. Featured Advertiser
Updated: Sun, 05 Sep 2010 00:00:00 EDT
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45. Must-have mobile apps for job seekers
What are the must-have mobile apps for job seekers? Consider these, in addition to LinkedIn, Twitter and Craigslist:
Employment - Job Search - Business - Canada - Business and Economy
Updated: Sun, 05 Sep 2010 00:00:00 EDT
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46. Warren Brown reviews the 2011 Honda CR-Z EX
The theory of "temperate pragmatism," in vogue with some futurists, says we will no longer pursue luxury without portfolio. Hard times have chastened us, including those with money, or those left with less of it after Wall Street scams and bank failures, the theory says.
Honda - Honda CR-Z - Makes and Models - Recreation - Autos
Updated: Sun, 05 Sep 2010 00:00:00 EDT
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47. Mobile apps can give careers, job searches a boost
Your career is about to get a boost from some mobile apps. And your on-the-go life could be a little better, less cluttered and more informed as a result of embracing use-anywhere tech tools.
Employment - Business and Economy - Canada - Job Search - Business
Updated: Sun, 05 Sep 2010 00:00:00 EDT
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48. G20 members agree economic recovery to continue
(Reuters)
Reuters - G20 delegates agreed on Saturday global economic recovery would endure although the speed of expansion may slow, a South Korean official said.
Updated: Sat, 04 Sep 2010 12:53:17 GMT
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49. Japan Noda warns on yen, suggests joint steps difficult
(Reuters)
Reuters - Japanese Finance Minister Yoshihiko Noda said on Saturday Tokyo would take decisive steps to stem the yen's rise when needed, while suggesting that coordinated currency market intervention was a difficult option.
Updated: Sat, 04 Sep 2010 11:15:40 GMT
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50. Obama to address new economic ideas next Wednesday
(Reuters)
 Reuters - President Barack Obama said on Friday he would outline new measures next week to boost the U.S. economy, but analysts were skeptical he would be able to deliver a big enough package to lift growth significantly.
Updated: Sat, 04 Sep 2010 17:07:40 GMT
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