European equities markets were lower again Wednesday on more bad economic news from the United States as new home sales dropped to the lowest on record in July, while durable goods orders rose there last month, but by much less than had been forecast.
After the National Association of Realtors reported [ Read More → ]
European equities markets were lower again Wednesday on more bad economic news from the United States as new home sales dropped to the lowest on record in July, while durable goods orders rose there last month, but by much less than had been forecast.
After the National Association of Realtors reported [ Read More → ]
Back in 2008, a South Florida financial executive found himself firing each of the 70 employees reporting to him. Then, he, too, became a casualty of the crumbling economy. The executive asked for some anonymity in exchange for his honest account of what followed.
Sweating through an unfriendly job market, he [ Read More → ]
WASHINGTON — It’s starting to feel like another recession.
Businesses are ordering fewer goods. Home sales are the slowest in decades. Jobs are scarce, and unemployment claims are rising. Perhaps most worrisome, manufacturing activity, which had been one of the economy’s few bright spots, is faltering.
“The odds of a [ Read More → ]
Under current rules, pension companies must alert retiring workers that they can shop around for an annuity - which is used to convert a pension pot into an annual income.
But it can be a time-consuming process, making it easier to use an annuity provided by the same financial group that [ Read More → ]
Testimony began this week in the politically charged, insider stock trading trial of Fort Lauderdale heart doctor and top Republican fundraiser Dr. Zachariah P. Zachariah.
Zachariah, who has raised millions of dollars for the GOP, has been accused by the Securities and [ Read More → ]
08.19.10
‘Vultures’ Save Troubled Homeowners
Anna and Charlie Reynolds of St. George, Utah, were worried about losing their home to foreclosure last year. Then they got a lucky break—from an unlikely savior.
Some investment funds are emerging as the best hope for millions of U.S. households, like the Reynolds, above, who were behind on [ Read More → ]
08.19.10
Packing for College, 2010 Style
A California woman deep in credit card debt turned to a debt-settlement company that immediately began deducting money from her bank account for its promised services.
After three months, the woman started getting calls from her creditors and learned they had never heard from the company. She asked for her money [ Read More → ]
Q. I have $27,600 left in my IRA. On my quarterly statement it looks like I received 96 cents in interest. This is in a money market account. I just can’t leave this money and receive only 96 cents in a quarterly statement. This is all the money I have. [ Read More → ]
WASHINGTON - Unable to make a sizable dent in unemployment, Democrats are on the political equivalent of a golden oldies tour, pledging support for Social Security, Medicare and other venerable programs while trying to stoke voter fears about Republican intentions.
The Voting Rights Act, Americans with Disabilities Act and most recently, [ Read More → ]
