Finance Media http://www.financemedia.info Business and Finance world... Wed, 12 Nov 2008 08:52:05 +0000 http://wordpress.org/?v=2.5.1 en A horrible jobs report http://www.financemedia.info/2008/11/12/a-horrible-jobs-report/ http://www.financemedia.info/2008/11/12/a-horrible-jobs-report/#comments Wed, 12 Nov 2008 08:52:05 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/a-horrible-jobs-report/ Unemployment numbers were worse than expected. And the bad news didn’t stop there.

Post from: Media of Finance

A horrible jobs report

]]> http://www.financemedia.info/2008/11/12/a-horrible-jobs-report/feed/ The new party line http://www.financemedia.info/2008/11/12/the-new-party-line/ http://www.financemedia.info/2008/11/12/the-new-party-line/#comments Wed, 12 Nov 2008 08:52:05 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/the-new-party-line/ Economist Lawrence Yun of NAR says the federal government should step in to stablize house prices.

Post from: Media of Finance

The new party line

]]> http://www.financemedia.info/2008/11/12/the-new-party-line/feed/ Why don’t lenders cut rates? http://www.financemedia.info/2008/11/12/why-dont-lenders-cut-rates/ http://www.financemedia.info/2008/11/12/why-dont-lenders-cut-rates/#comments Wed, 12 Nov 2008 08:52:04 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/why-dont-lenders-cut-rates/ A company’s first duty is to make a profit, and mortgage lenders won’t make a profit by dropping their rates to the basement.

Post from: Media of Finance

Why don’t lenders cut rates?

]]> http://www.financemedia.info/2008/11/12/why-dont-lenders-cut-rates/feed/ 9 ways to stretch your holiday budget http://www.financemedia.info/2008/11/12/9-ways-to-stretch-your-holiday-budget/ http://www.financemedia.info/2008/11/12/9-ways-to-stretch-your-holiday-budget/#comments Wed, 12 Nov 2008 08:52:04 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/9-ways-to-stretch-your-holiday-budget/ Wrap up your holiday spending without overspending.

Post from: Media of Finance

9 ways to stretch your holiday budget

]]> http://www.financemedia.info/2008/11/12/9-ways-to-stretch-your-holiday-budget/feed/ Video: Shopping for car loans http://www.financemedia.info/2008/11/12/video-shopping-for-car-loans/ http://www.financemedia.info/2008/11/12/video-shopping-for-car-loans/#comments Wed, 12 Nov 2008 08:52:04 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/video-shopping-for-car-loans/ Get your financing in order before walking into a showroom.

Post from: Media of Finance

Video: Shopping for car loans

]]> http://www.financemedia.info/2008/11/12/video-shopping-for-car-loans/feed/ 6 key ways car shopping has changed http://www.financemedia.info/2008/11/12/6-key-ways-car-shopping-has-changed/ http://www.financemedia.info/2008/11/12/6-key-ways-car-shopping-has-changed/#comments Wed, 12 Nov 2008 08:52:04 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/6-key-ways-car-shopping-has-changed/ The financial meltdown has changed car shopping in six key ways. Some of the shifts may be permanent.

Post from: Media of Finance

6 key ways car shopping has changed

]]> http://www.financemedia.info/2008/11/12/6-key-ways-car-shopping-has-changed/feed/ Terms in used car purchase sound fishy http://www.financemedia.info/2008/11/12/terms-in-used-car-purchase-sound-fishy/ http://www.financemedia.info/2008/11/12/terms-in-used-car-purchase-sound-fishy/#comments Wed, 12 Nov 2008 08:52:03 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/terms-in-used-car-purchase-sound-fishy/ A driver who bought a used car should not be restricted from trading in the vehicle for 18 months.

Post from: Media of Finance

Terms in used car purchase sound fishy

]]> http://www.financemedia.info/2008/11/12/terms-in-used-car-purchase-sound-fishy/feed/ Joblessness makes new loan unlikely http://www.financemedia.info/2008/11/12/joblessness-makes-new-loan-unlikely/ http://www.financemedia.info/2008/11/12/joblessness-makes-new-loan-unlikely/#comments Wed, 12 Nov 2008 08:52:03 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/joblessness-makes-new-loan-unlikely/ An unemployed woman who owes $14,500 on a car loan does not have many great options.

Post from: Media of Finance

Joblessness makes new loan unlikely

]]> http://www.financemedia.info/2008/11/12/joblessness-makes-new-loan-unlikely/feed/ ‘Charge off’ creates credit black eye http://www.financemedia.info/2008/11/12/charge-off-creates-credit-black-eye/ http://www.financemedia.info/2008/11/12/charge-off-creates-credit-black-eye/#comments Wed, 12 Nov 2008 08:52:03 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/charge-off-creates-credit-black-eye/ A “charge off” is likely to remain a black mark on a credit report for at least five years.

Post from: Media of Finance

‘Charge off’ creates credit black eye

]]> http://www.financemedia.info/2008/11/12/charge-off-creates-credit-black-eye/feed/ Interest Rate Roundup http://www.financemedia.info/2008/11/12/interest-rate-roundup-39/ http://www.financemedia.info/2008/11/12/interest-rate-roundup-39/#comments Wed, 12 Nov 2008 08:52:02 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/interest-rate-roundup-39/ Here are the latest interest rates and commentary on five common consumer banking products from Bankrate.com’s weekly national survey of large banks and thrifts.

Post from: Media of Finance

Interest Rate Roundup

]]> http://www.financemedia.info/2008/11/12/interest-rate-roundup-39/feed/ Beware of preoccupancy agreements http://www.financemedia.info/2008/11/12/beware-of-preoccupancy-agreements/ http://www.financemedia.info/2008/11/12/beware-of-preoccupancy-agreements/#comments Wed, 12 Nov 2008 08:52:02 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/beware-of-preoccupancy-agreements/ When sellers allow buyers to move in before closing, they’re leaving themselves open to fraud, says the Real Estate Adviser.

Post from: Media of Finance

Beware of preoccupancy agreements

]]> http://www.financemedia.info/2008/11/12/beware-of-preoccupancy-agreements/feed/ Consumer Price Index (CPI) rates http://www.financemedia.info/2008/11/12/consumer-price-index-cpi-rates/ http://www.financemedia.info/2008/11/12/consumer-price-index-cpi-rates/#comments Wed, 12 Nov 2008 08:52:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/consumer-price-index-cpi-rates/ Consumer Price Index (CPI) rates updated to include September 2008 quarter figure.

Post from: Media of Finance

Consumer Price Index (CPI) rates

]]> http://www.financemedia.info/2008/11/12/consumer-price-index-cpi-rates/feed/ Vodafone plans £1bn of cost cuts http://www.financemedia.info/2008/11/12/vodafone-plans-1bn-of-cost-cuts/ http://www.financemedia.info/2008/11/12/vodafone-plans-1bn-of-cost-cuts/#comments Wed, 12 Nov 2008 08:51:55 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/vodafone-plans-1bn-of-cost-cuts/ Mobile phone group Vodafone announces £1bn of cost cuts because of rising raw materials prices and increasing competition.

Post from: Media of Finance

Vodafone plans £1bn of cost cuts

]]> http://www.financemedia.info/2008/11/12/vodafone-plans-1bn-of-cost-cuts/feed/ Russia hikes rates to help rouble http://www.financemedia.info/2008/11/12/russia-hikes-rates-to-help-rouble/ http://www.financemedia.info/2008/11/12/russia-hikes-rates-to-help-rouble/#comments Wed, 12 Nov 2008 08:51:54 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/russia-hikes-rates-to-help-rouble/ Russia’s central bank increases its key interest rate to 12% from 11% in an attempt to reduce an outflow of capital.

Post from: Media of Finance

Russia hikes rates to help rouble

]]> http://www.financemedia.info/2008/11/12/russia-hikes-rates-to-help-rouble/feed/ Chinese trade surplus hits record http://www.financemedia.info/2008/11/12/chinese-trade-surplus-hits-record/ http://www.financemedia.info/2008/11/12/chinese-trade-surplus-hits-record/#comments Wed, 12 Nov 2008 08:51:54 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/chinese-trade-surplus-hits-record/ China’s trade surplus hits a new record at $35.2bn in October, while separate data showed inflation hit a 17-month low.

Post from: Media of Finance

Chinese trade surplus hits record

]]> http://www.financemedia.info/2008/11/12/chinese-trade-surplus-hits-record/feed/ Spam e-mailers get one response in 12.5 million and still cash in http://www.financemedia.info/2008/11/12/spam-e-mailers-get-one-response-in-125-million-and-still-cash-in/ http://www.financemedia.info/2008/11/12/spam-e-mailers-get-one-response-in-125-million-and-still-cash-in/#comments Wed, 12 Nov 2008 08:51:54 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/spam-e-mailers-get-one-response-in-125-million-and-still-cash-in/ Spammers get one response for every 12.5m e-mails they send and still make big profits, suggests a study.

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Spam e-mailers get one response in 12.5 million and still cash in

]]> http://www.financemedia.info/2008/11/12/spam-e-mailers-get-one-response-in-125-million-and-still-cash-in/feed/ Love: the four seasons of finance series http://www.financemedia.info/2008/11/12/love-the-four-seasons-of-finance-series/ http://www.financemedia.info/2008/11/12/love-the-four-seasons-of-finance-series/#comments Wed, 12 Nov 2008 08:51:52 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/love-the-four-seasons-of-finance-series/ Expert advice on how best to weather the financial challenges of love, marriage and children.

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Love: the four seasons of finance series

]]> http://www.financemedia.info/2008/11/12/love-the-four-seasons-of-finance-series/feed/ AWD Chase de Vere fined £1.12 million for mis-selling pensions http://www.financemedia.info/2008/11/12/awd-chase-de-vere-fined-112-million-for-mis-selling-pensions/ http://www.financemedia.info/2008/11/12/awd-chase-de-vere-fined-112-million-for-mis-selling-pensions/#comments Wed, 12 Nov 2008 08:51:51 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/awd-chase-de-vere-fined-112-million-for-mis-selling-pensions/ AWD Chase de Vere Wealth Management, the independent financial advisor, has
been fined £1.12 million for “serious failings” on its pension advice and
sales.

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AWD Chase de Vere fined £1.12 million for mis-selling pensions

]]> http://www.financemedia.info/2008/11/12/awd-chase-de-vere-fined-112-million-for-mis-selling-pensions/feed/ Fame and fortune: Cheryl Baker http://www.financemedia.info/2008/11/12/fame-and-fortune-cheryl-baker/ http://www.financemedia.info/2008/11/12/fame-and-fortune-cheryl-baker/#comments Wed, 12 Nov 2008 08:51:51 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/fame-and-fortune-cheryl-baker/ Bucks Fizz claimed the Eurovision Song Contest for Britain with Making Your
Mind Up in 1981, but only one member of the quartet has stayed in the
limelight since then: Cheryl Baker.

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Fame and fortune: Cheryl Baker

]]> http://www.financemedia.info/2008/11/12/fame-and-fortune-cheryl-baker/feed/ Now lenders must do their bit http://www.financemedia.info/2008/11/12/now-lenders-must-do-their-bit/ http://www.financemedia.info/2008/11/12/now-lenders-must-do-their-bit/#comments Wed, 12 Nov 2008 08:51:50 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/now-lenders-must-do-their-bit/ The phoney war is over. After weeks of hints, tips and suggestive talk, the
Bank of England has finally taken a scythe to the cost of borrowing - and
not a moment too soon. It has become increasingly clear that interest rates
need to come down by a large amount, and quickly, if there is to be any
chance of avoiding a deep and painful recession.

Post from: Media of Finance

Now lenders must do their bit

]]> http://www.financemedia.info/2008/11/12/now-lenders-must-do-their-bit/feed/ Bankruptcies soar as downturn bites http://www.financemedia.info/2008/11/12/bankruptcies-soar-as-downturn-bites/ http://www.financemedia.info/2008/11/12/bankruptcies-soar-as-downturn-bites/#comments Wed, 12 Nov 2008 08:51:50 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/bankruptcies-soar-as-downturn-bites/ There has been a dramatic increase in the number of people declaring
themselves bankrupt or insolvent this year, as increasing unemployment and
the looming recession starts to take its toll on consumers.

Post from: Media of Finance

Bankruptcies soar as downturn bites

]]> http://www.financemedia.info/2008/11/12/bankruptcies-soar-as-downturn-bites/feed/ FSCS under fire for Icesave compensation http://www.financemedia.info/2008/11/12/fscs-under-fire-for-icesave-compensation/ http://www.financemedia.info/2008/11/12/fscs-under-fire-for-icesave-compensation/#comments Wed, 12 Nov 2008 08:51:50 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/fscs-under-fire-for-icesave-compensation/ Alistair Darling announced yesterday that it will cost the Treasury £800
million to fund the compensation of 240,000 British depositors with Icesave,
the collapsed Icelandic bank.

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FSCS under fire for Icesave compensation

]]> http://www.financemedia.info/2008/11/12/fscs-under-fire-for-icesave-compensation/feed/ Shock in store at Christmas http://www.financemedia.info/2008/11/12/shock-in-store-at-christmas/ http://www.financemedia.info/2008/11/12/shock-in-store-at-christmas/#comments Wed, 12 Nov 2008 08:51:50 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/shock-in-store-at-christmas/ Store cards have always been the most expensive way to fund a spot of retail
therapy, but providers have now increased interest rates just in time for
Christmas shopping.

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Shock in store at Christmas

]]> http://www.financemedia.info/2008/11/12/shock-in-store-at-christmas/feed/ Sounds grim for iPod generation http://www.financemedia.info/2008/11/12/sounds-grim-for-ipod-generation/ http://www.financemedia.info/2008/11/12/sounds-grim-for-ipod-generation/#comments Wed, 12 Nov 2008 08:51:50 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/sounds-grim-for-ipod-generation/ They are insecure, pressurised, overdrawn and debt-ridden. The iPod generation
- which is anyone under the age of 35 - looks likely to be the hardest hit
by the recession.

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Sounds grim for iPod generation

]]> http://www.financemedia.info/2008/11/12/sounds-grim-for-ipod-generation/feed/ Stay at home to reap rewards of an Obama bounce http://www.financemedia.info/2008/11/12/stay-at-home-to-reap-rewards-of-an-obama-bounce/ http://www.financemedia.info/2008/11/12/stay-at-home-to-reap-rewards-of-an-obama-bounce/#comments Wed, 12 Nov 2008 08:51:50 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/stay-at-home-to-reap-rewards-of-an-obama-bounce/ As Americans queued to vote Barack Obama into the most powerful office on
earth, the most powerful financial market climbed. The Dow Jones industrial
average rose 4 per cent on Tuesday, but no sooner was the result official
than Wall Street slid again, giving up all the gains of the previous day.
Old uncertainties had been dethroned, but new uncertainties reigned.

Post from: Media of Finance

Stay at home to reap rewards of an Obama bounce

]]> http://www.financemedia.info/2008/11/12/stay-at-home-to-reap-rewards-of-an-obama-bounce/feed/ Credit Watch: Cashback cards http://www.financemedia.info/2008/11/12/credit-watch-cashback-cards/ http://www.financemedia.info/2008/11/12/credit-watch-cashback-cards/#comments Wed, 12 Nov 2008 08:51:49 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/credit-watch-cashback-cards/ Abbey has launched a new credit card offering a 3 per cent cashback on petrol
and groceries for six months. The cashback can be claimed on purchases from
supermarkets and petrol stations, including Sainsbury’s, Tesco, Asda,
Waitrose, Esso, BP and Shell. The maximum amount a customer can receive over
the term is £75, capped at £12.50 a month.

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Credit Watch: Cashback cards

]]> http://www.financemedia.info/2008/11/12/credit-watch-cashback-cards/feed/ Bargain businesses down but not out http://www.financemedia.info/2008/11/12/bargain-businesses-down-but-not-out/ http://www.financemedia.info/2008/11/12/bargain-businesses-down-but-not-out/#comments Wed, 12 Nov 2008 08:51:49 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/bargain-businesses-down-but-not-out/ With the UK stock market now down about 30 per cent from its peak of June last
year, many shares are looking pretty bombed out.

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Bargain businesses down but not out

]]> http://www.financemedia.info/2008/11/12/bargain-businesses-down-but-not-out/feed/ Small addition with a big impact http://www.financemedia.info/2008/11/12/small-addition-with-a-big-impact/ http://www.financemedia.info/2008/11/12/small-addition-with-a-big-impact/#comments Wed, 12 Nov 2008 08:51:49 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/small-addition-with-a-big-impact/ Dawn Smith has weathered the credit crunch well so far. But the South Londoner
expects the knock-on effects to cut the £40,000 or so she makes from the
design business she runs from home by about 10 per cent in the next year.

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Small addition with a big impact

]]> http://www.financemedia.info/2008/11/12/small-addition-with-a-big-impact/feed/ Call-centre staff blow the whistle on bad practice http://www.financemedia.info/2008/11/12/call-centre-staff-blow-the-whistle-on-bad-practice/ http://www.financemedia.info/2008/11/12/call-centre-staff-blow-the-whistle-on-bad-practice/#comments Wed, 12 Nov 2008 08:51:49 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/call-centre-staff-blow-the-whistle-on-bad-practice/ Last week one unfortunate Abbey customer had his current account sabotaged
after giving a call-centre worker a bad rating.

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Call-centre staff blow the whistle on bad practice

]]> http://www.financemedia.info/2008/11/12/call-centre-staff-blow-the-whistle-on-bad-practice/feed/ Abbey lets down elderly scam victim http://www.financemedia.info/2008/11/12/abbey-lets-down-elderly-scam-victim/ http://www.financemedia.info/2008/11/12/abbey-lets-down-elderly-scam-victim/#comments Wed, 12 Nov 2008 08:51:49 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/abbey-lets-down-elderly-scam-victim/ I am a victim of card fraud and am struggling to be reimbursed.

Post from: Media of Finance

Abbey lets down elderly scam victim

]]> http://www.financemedia.info/2008/11/12/abbey-lets-down-elderly-scam-victim/feed/ How low can interest rates go? http://www.financemedia.info/2008/11/12/how-low-can-interest-rates-go/ http://www.financemedia.info/2008/11/12/how-low-can-interest-rates-go/#comments Wed, 12 Nov 2008 08:51:48 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/how-low-can-interest-rates-go/ Economists are predicting that interest rates will tumble to a record low in
the next year. The Bank of England cut the base rate by one and a half
percentage points to 3 per cent on Thursday, but the expectation is that it
will fall even further as the UK economy plunges into recession.

Post from: Media of Finance

How low can interest rates go?

]]> http://www.financemedia.info/2008/11/12/how-low-can-interest-rates-go/feed/ Economic Worries Weigh on Europe http://www.financemedia.info/2008/11/12/economic-worries-weigh-on-europe/ http://www.financemedia.info/2008/11/12/economic-worries-weigh-on-europe/#comments Wed, 12 Nov 2008 08:51:47 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/economic-worries-weigh-on-europe/ http://www.financemedia.info/2008/11/12/economic-worries-weigh-on-europe/feed/ Fitch Cuts Outlooks of Korea, Russia http://www.financemedia.info/2008/11/12/fitch-cuts-outlooks-of-korea-russia/ http://www.financemedia.info/2008/11/12/fitch-cuts-outlooks-of-korea-russia/#comments Wed, 12 Nov 2008 08:51:47 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/fitch-cuts-outlooks-of-korea-russia/ http://www.financemedia.info/2008/11/12/fitch-cuts-outlooks-of-korea-russia/feed/ Brown Tempers Reform Goals http://www.financemedia.info/2008/11/12/brown-tempers-reform-goals/ http://www.financemedia.info/2008/11/12/brown-tempers-reform-goals/#comments Wed, 12 Nov 2008 08:51:46 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/brown-tempers-reform-goals/ http://www.financemedia.info/2008/11/12/brown-tempers-reform-goals/feed/ Deutsche Post to Cut Jobs at DHL http://www.financemedia.info/2008/11/12/deutsche-post-to-cut-jobs-at-dhl/ http://www.financemedia.info/2008/11/12/deutsche-post-to-cut-jobs-at-dhl/#comments Wed, 12 Nov 2008 08:51:46 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/deutsche-post-to-cut-jobs-at-dhl/ http://www.financemedia.info/2008/11/12/deutsche-post-to-cut-jobs-at-dhl/feed/ European Stocks Gain on China Stimulus http://www.financemedia.info/2008/11/12/european-stocks-gain-on-china-stimulus/ http://www.financemedia.info/2008/11/12/european-stocks-gain-on-china-stimulus/#comments Wed, 12 Nov 2008 08:51:46 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/european-stocks-gain-on-china-stimulus/ http://www.financemedia.info/2008/11/12/european-stocks-gain-on-china-stimulus/feed/ HSBC Isn’t Out Of the Woods http://www.financemedia.info/2008/11/12/hsbc-isnt-out-of-the-woods/ http://www.financemedia.info/2008/11/12/hsbc-isnt-out-of-the-woods/#comments Wed, 12 Nov 2008 08:51:46 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/hsbc-isnt-out-of-the-woods/ http://www.financemedia.info/2008/11/12/hsbc-isnt-out-of-the-woods/feed/ Europe Stocks Seek Direction http://www.financemedia.info/2008/11/12/europe-stocks-seek-direction/ http://www.financemedia.info/2008/11/12/europe-stocks-seek-direction/#comments Wed, 12 Nov 2008 08:51:46 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/europe-stocks-seek-direction/ http://www.financemedia.info/2008/11/12/europe-stocks-seek-direction/feed/ AmEx Gets Access to Bailout Fund http://www.financemedia.info/2008/11/12/amex-gets-access-to-bailout-fund/ http://www.financemedia.info/2008/11/12/amex-gets-access-to-bailout-fund/#comments Wed, 12 Nov 2008 08:51:43 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/amex-gets-access-to-bailout-fund/ American Express won fast approval to become a bank-holding company. The move shows how fast financial-services firms are racing to shore up their funding sources. (Fed statement)

Post from: Media of Finance

AmEx Gets Access to Bailout Fund

]]> http://www.financemedia.info/2008/11/12/amex-gets-access-to-bailout-fund/feed/ Strains Mount on Bailout Plans http://www.financemedia.info/2008/11/12/strains-mount-on-bailout-plans/ http://www.financemedia.info/2008/11/12/strains-mount-on-bailout-plans/#comments Wed, 12 Nov 2008 08:51:40 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/strains-mount-on-bailout-plans/ The U.S.’s financial-system rescue plans are coming under strain as an array of distressed companies ratchet up their requests for assistance.

Post from: Media of Finance

Strains Mount on Bailout Plans

]]> http://www.financemedia.info/2008/11/12/strains-mount-on-bailout-plans/feed/ Where $1 will buy a house http://www.financemedia.info/2008/11/12/where-1-will-buy-a-house-2/ http://www.financemedia.info/2008/11/12/where-1-will-buy-a-house-2/#comments Wed, 12 Nov 2008 08:51:38 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/where-1-will-buy-a-house-2/ Cities and towns can buy HUD’s worst properties for a buck each and use grant money to rehab them — or simply raze neighborhood eyesores.

Post from: Media of Finance

Where $1 will buy a house

]]> http://www.financemedia.info/2008/11/12/where-1-will-buy-a-house-2/feed/ Payday loans ambush military http://www.financemedia.info/2008/11/12/payday-loans-ambush-military-2/ http://www.financemedia.info/2008/11/12/payday-loans-ambush-military-2/#comments Wed, 12 Nov 2008 08:51:38 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/payday-loans-ambush-military-2/ Tough enough to protect the world but vulnerable in the area of personal finance, military personnel often fall prey to payday lenders. Here’s how to avoid that trap.

Post from: Media of Finance

Payday loans ambush military

]]> http://www.financemedia.info/2008/11/12/payday-loans-ambush-military-2/feed/ Is the IRS holding a check for you? http://www.financemedia.info/2008/11/12/is-the-irs-holding-a-check-for-you/ http://www.financemedia.info/2008/11/12/is-the-irs-holding-a-check-for-you/#comments Wed, 12 Nov 2008 08:51:37 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/is-the-irs-holding-a-check-for-you/ Between regular tax refunds and this year’s stimulus rebates, the government has gotten back $266 million in undeliverable checks. Some of that money may be yours.

Post from: Media of Finance

Is the IRS holding a check for you?

]]> http://www.financemedia.info/2008/11/12/is-the-irs-holding-a-check-for-you/feed/ Feel like a sucker? You’re not alone http://www.financemedia.info/2008/11/12/feel-like-a-sucker-youre-not-alone/ http://www.financemedia.info/2008/11/12/feel-like-a-sucker-youre-not-alone/#comments Wed, 12 Nov 2008 08:51:37 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/feel-like-a-sucker-youre-not-alone/ Bailouts are going to reckless Wall Street bankers, to homeowners over their heads and now maybe even to Americans hooked on credit cards. Where’s the reward in doing the right thing?

Post from: Media of Finance

Feel like a sucker? You’re not alone

]]> http://www.financemedia.info/2008/11/12/feel-like-a-sucker-youre-not-alone/feed/ 8 endangered US industries http://www.financemedia.info/2008/11/12/8-endangered-us-industries/ http://www.financemedia.info/2008/11/12/8-endangered-us-industries/#comments Wed, 12 Nov 2008 08:51:36 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/8-endangered-us-industries/ http://www.financemedia.info/2008/11/12/8-endangered-us-industries/feed/ Where $1 will buy a house http://www.financemedia.info/2008/11/12/where-1-will-buy-a-house/ http://www.financemedia.info/2008/11/12/where-1-will-buy-a-house/#comments Wed, 12 Nov 2008 08:51:36 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/where-1-will-buy-a-house/ Cities and towns can buy HUD’s worst properties for a buck each and use grant money to rehab them — or simply raze neighborhood eyesores.

Post from: Media of Finance

Where $1 will buy a house

]]> http://www.financemedia.info/2008/11/12/where-1-will-buy-a-house/feed/ Payday loans ambush military http://www.financemedia.info/2008/11/12/payday-loans-ambush-military/ http://www.financemedia.info/2008/11/12/payday-loans-ambush-military/#comments Wed, 12 Nov 2008 08:51:35 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/payday-loans-ambush-military/ Tough enough to protect the world but vulnerable in the area of personal finance, military personnel often fall prey to payday lenders. Here’s how to avoid that trap.

Post from: Media of Finance

Payday loans ambush military

]]> http://www.financemedia.info/2008/11/12/payday-loans-ambush-military/feed/ Should you follow Buffett this time? http://www.financemedia.info/2008/11/12/should-you-follow-buffett-this-time/ http://www.financemedia.info/2008/11/12/should-you-follow-buffett-this-time/#comments Wed, 12 Nov 2008 08:51:35 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/should-you-follow-buffett-this-time/ As the Oracle of Omaha pours money into utilities, other investors can’t help but wonder whether that’s a smart move for them, too. Here’s why Warren Buffett loves the sector.

Post from: Media of Finance

Should you follow Buffett this time?

]]> http://www.financemedia.info/2008/11/12/should-you-follow-buffett-this-time/feed/ 5 funds to start fixing your 401(k) http://www.financemedia.info/2008/11/12/5-funds-to-start-fixing-your-401k/ http://www.financemedia.info/2008/11/12/5-funds-to-start-fixing-your-401k/#comments Wed, 12 Nov 2008 08:51:34 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/5-funds-to-start-fixing-your-401k/ If, like many of us, you’ve taken stinging losses, these still-great giant funds can help you rebuild. Yes, they’re down — most things are — but their quality still shows.

Post from: Media of Finance

5 funds to start fixing your 401(k)

]]> http://www.financemedia.info/2008/11/12/5-funds-to-start-fixing-your-401k/feed/ No pony for Christmas? Thanks, Wall Street http://www.financemedia.info/2008/11/12/no-pony-for-christmas-thanks-wall-street/ http://www.financemedia.info/2008/11/12/no-pony-for-christmas-thanks-wall-street/#comments Wed, 12 Nov 2008 08:51:33 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/no-pony-for-christmas-thanks-wall-street/ At this time of year, we all like to spend a little extra. Instead, everyone’s having to cut back. Yet that won’t get the economy moving again. 

Post from: Media of Finance

No pony for Christmas? Thanks, Wall Street

]]> http://www.financemedia.info/2008/11/12/no-pony-for-christmas-thanks-wall-street/feed/ US: 0.6755 USD = 1 AUD 2008-11-10 NYFed noon buying http://www.financemedia.info/2008/11/12/us-06755-usd-1-aud-2008-11-10-nyfed-noon-buying/ http://www.financemedia.info/2008/11/12/us-06755-usd-1-aud-2008-11-10-nyfed-noon-buying/#comments Wed, 12 Nov 2008 08:51:32 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/us-06755-usd-1-aud-2008-11-10-nyfed-noon-buying/ 1 Australian Dollar buys 0.6755 United States Dollars - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.

Post from: Media of Finance

US: 0.6755 USD = 1 AUD 2008-11-10 NYFed noon buying

]]> http://www.financemedia.info/2008/11/12/us-06755-usd-1-aud-2008-11-10-nyfed-noon-buying/feed/ US: 2.1700 BRL = 1 USD 2008-11-10 NYFed noon buying http://www.financemedia.info/2008/11/12/us-21700-brl-1-usd-2008-11-10-nyfed-noon-buying/ http://www.financemedia.info/2008/11/12/us-21700-brl-1-usd-2008-11-10-nyfed-noon-buying/#comments Wed, 12 Nov 2008 08:51:32 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/us-21700-brl-1-usd-2008-11-10-nyfed-noon-buying/ 1 United States Dollar buys 2.1700 Brazilian Reais - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.

Post from: Media of Finance

US: 2.1700 BRL = 1 USD 2008-11-10 NYFed noon buying

]]> http://www.financemedia.info/2008/11/12/us-21700-brl-1-usd-2008-11-10-nyfed-noon-buying/feed/ US: 1.1948 CAD = 1 USD 2008-11-10 NYFed noon buying http://www.financemedia.info/2008/11/12/us-11948-cad-1-usd-2008-11-10-nyfed-noon-buying/ http://www.financemedia.info/2008/11/12/us-11948-cad-1-usd-2008-11-10-nyfed-noon-buying/#comments Wed, 12 Nov 2008 08:51:31 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/us-11948-cad-1-usd-2008-11-10-nyfed-noon-buying/ 1 United States Dollar buys 1.1948 Canadian Dollars - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.

Post from: Media of Finance

US: 1.1948 CAD = 1 USD 2008-11-10 NYFed noon buying

]]> http://www.financemedia.info/2008/11/12/us-11948-cad-1-usd-2008-11-10-nyfed-noon-buying/feed/ US: 6.8267 CNY = 1 USD 2008-11-10 NYFed noon buying http://www.financemedia.info/2008/11/12/us-68267-cny-1-usd-2008-11-10-nyfed-noon-buying/ http://www.financemedia.info/2008/11/12/us-68267-cny-1-usd-2008-11-10-nyfed-noon-buying/#comments Wed, 12 Nov 2008 08:51:31 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/us-68267-cny-1-usd-2008-11-10-nyfed-noon-buying/ 1 United States Dollar buys 6.8267 Chinese Yuan - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.

Post from: Media of Finance

US: 6.8267 CNY = 1 USD 2008-11-10 NYFed noon buying

]]> http://www.financemedia.info/2008/11/12/us-68267-cny-1-usd-2008-11-10-nyfed-noon-buying/feed/ US: 5.8345 DKK = 1 USD 2008-11-10 NYFed noon buying http://www.financemedia.info/2008/11/12/us-58345-dkk-1-usd-2008-11-10-nyfed-noon-buying/ http://www.financemedia.info/2008/11/12/us-58345-dkk-1-usd-2008-11-10-nyfed-noon-buying/#comments Wed, 12 Nov 2008 08:51:31 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/us-58345-dkk-1-usd-2008-11-10-nyfed-noon-buying/ 1 United States Dollar buys 5.8345 Danish Kroner - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.

Post from: Media of Finance

US: 5.8345 DKK = 1 USD 2008-11-10 NYFed noon buying

]]> http://www.financemedia.info/2008/11/12/us-58345-dkk-1-usd-2008-11-10-nyfed-noon-buying/feed/ US: 1.2760 USD = 1 EUR 2008-11-10 NYFed noon buying http://www.financemedia.info/2008/11/12/us-12760-usd-1-eur-2008-11-10-nyfed-noon-buying/ http://www.financemedia.info/2008/11/12/us-12760-usd-1-eur-2008-11-10-nyfed-noon-buying/#comments Wed, 12 Nov 2008 08:51:31 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/us-12760-usd-1-eur-2008-11-10-nyfed-noon-buying/ 1 European Monetary Union Euro buys 1.2760 United States Dollars - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.

Post from: Media of Finance

US: 1.2760 USD = 1 EUR 2008-11-10 NYFed noon buying

]]> http://www.financemedia.info/2008/11/12/us-12760-usd-1-eur-2008-11-10-nyfed-noon-buying/feed/ US: 7.7498 HKD = 1 USD 2008-11-10 NYFed noon buying http://www.financemedia.info/2008/11/12/us-77498-hkd-1-usd-2008-11-10-nyfed-noon-buying/ http://www.financemedia.info/2008/11/12/us-77498-hkd-1-usd-2008-11-10-nyfed-noon-buying/#comments Wed, 12 Nov 2008 08:51:31 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/us-77498-hkd-1-usd-2008-11-10-nyfed-noon-buying/ 1 United States Dollar buys 7.7498 Hong Kong Dollars - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.

Post from: Media of Finance

US: 7.7498 HKD = 1 USD 2008-11-10 NYFed noon buying

]]> http://www.financemedia.info/2008/11/12/us-77498-hkd-1-usd-2008-11-10-nyfed-noon-buying/feed/ US: 47.300 INR = 1 USD 2008-11-10 NYFed noon buying http://www.financemedia.info/2008/11/12/us-47300-inr-1-usd-2008-11-10-nyfed-noon-buying/ http://www.financemedia.info/2008/11/12/us-47300-inr-1-usd-2008-11-10-nyfed-noon-buying/#comments Wed, 12 Nov 2008 08:51:31 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/us-47300-inr-1-usd-2008-11-10-nyfed-noon-buying/ 1 United States Dollar buys 47.300 Indian Rupees - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.

Post from: Media of Finance

US: 47.300 INR = 1 USD 2008-11-10 NYFed noon buying

]]> http://www.financemedia.info/2008/11/12/us-47300-inr-1-usd-2008-11-10-nyfed-noon-buying/feed/ US: 97.96 JPY = 1 USD 2008-11-10 NYFed noon buying http://www.financemedia.info/2008/11/12/us-9796-jpy-1-usd-2008-11-10-nyfed-noon-buying/ http://www.financemedia.info/2008/11/12/us-9796-jpy-1-usd-2008-11-10-nyfed-noon-buying/#comments Wed, 12 Nov 2008 08:51:31 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/us-9796-jpy-1-usd-2008-11-10-nyfed-noon-buying/ 1 United States Dollar buys 97.96 Japanese Yen - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.

Post from: Media of Finance

US: 97.96 JPY = 1 USD 2008-11-10 NYFed noon buying

]]> http://www.financemedia.info/2008/11/12/us-9796-jpy-1-usd-2008-11-10-nyfed-noon-buying/feed/ US: 3.5460 MYR = 1 USD 2008-11-10 NYFed noon buying http://www.financemedia.info/2008/11/12/us-35460-myr-1-usd-2008-11-10-nyfed-noon-buying/ http://www.financemedia.info/2008/11/12/us-35460-myr-1-usd-2008-11-10-nyfed-noon-buying/#comments Wed, 12 Nov 2008 08:51:30 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/us-35460-myr-1-usd-2008-11-10-nyfed-noon-buying/ 1 United States Dollar buys 3.5460 Malaysian Ringgit - The New York Fed is strongly considering discontinuing the publication of foreign exchange rates at the end of 2008, given the availability of alternative market-based sources for these rates. A final decision will be announced in September 2007. If you have further questions, please email fxrates@ny.frb.org.

Post from: Media of Finance

US: 3.5460 MYR = 1 USD 2008-11-10 NYFed noon buying

]]> http://www.financemedia.info/2008/11/12/us-35460-myr-1-usd-2008-11-10-nyfed-noon-buying/feed/ Federal Reserve Board and Treasury Department Announce Restructuring of Financial Support to AIG http://www.financemedia.info/2008/11/12/federal-reserve-board-and-treasury-department-announce-restructuring-of-financial-support-to-aig/ http://www.financemedia.info/2008/11/12/federal-reserve-board-and-treasury-department-announce-restructuring-of-financial-support-to-aig/#comments Wed, 12 Nov 2008 08:51:24 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/federal-reserve-board-and-treasury-department-announce-restructuring-of-financial-support-to-aig/ http://www.financemedia.info/2008/11/12/federal-reserve-board-and-treasury-department-announce-restructuring-of-financial-support-to-aig/feed/ Reserve Banks Announce Reduced Number of Check Processing Sites and Accelerated Restructuring Schedule http://www.financemedia.info/2008/11/12/reserve-banks-announce-reduced-number-of-check-processing-sites-and-accelerated-restructuring-schedule/ http://www.financemedia.info/2008/11/12/reserve-banks-announce-reduced-number-of-check-processing-sites-and-accelerated-restructuring-schedule/#comments Wed, 12 Nov 2008 08:51:23 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/reserve-banks-announce-reduced-number-of-check-processing-sites-and-accelerated-restructuring-schedule/ http://www.financemedia.info/2008/11/12/reserve-banks-announce-reduced-number-of-check-processing-sites-and-accelerated-restructuring-schedule/feed/ New York Fed Releases Additional MMIFF Details http://www.financemedia.info/2008/11/12/new-york-fed-releases-additional-mmiff-details/ http://www.financemedia.info/2008/11/12/new-york-fed-releases-additional-mmiff-details/#comments Wed, 12 Nov 2008 08:51:23 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/new-york-fed-releases-additional-mmiff-details/ The Federal Reserve Bank of New York on Monday announced it would begin funding purchases of eligible money market instruments on or about November 24, 2008 through the previously announced Money Market Investor Funding Facility (MMIFF). Additionally, the frequently asked questions and terms and conditions documents have been revised to provide further details, including enrollment information for eligible investors.

Post from: Media of Finance

New York Fed Releases Additional MMIFF Details

]]> http://www.financemedia.info/2008/11/12/new-york-fed-releases-additional-mmiff-details/feed/ New York Fed awards $49.998B through its TSLF Options Program http://www.financemedia.info/2008/11/12/new-york-fed-awards-49998b-through-its-tslf-options-program/ http://www.financemedia.info/2008/11/12/new-york-fed-awards-49998b-through-its-tslf-options-program/#comments Wed, 12 Nov 2008 08:51:18 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/new-york-fed-awards-49998b-through-its-tslf-options-program/ New York Fed awards $49.998B through its TSLF Options Program

Post from: Media of Finance

New York Fed awards $49.998B through its TSLF Options Program

]]> http://www.financemedia.info/2008/11/12/new-york-fed-awards-49998b-through-its-tslf-options-program/feed/ New AIG Rescue Is Bank Blessing http://www.financemedia.info/2008/11/12/new-aig-rescue-is-bank-blessing/ http://www.financemedia.info/2008/11/12/new-aig-rescue-is-bank-blessing/#comments Wed, 12 Nov 2008 08:09:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/new-aig-rescue-is-bank-blessing/ Banks in the U.S. and abroad are among the biggest winner’s in the government’s revamped bailout of AIG.

Post from: Media of Finance

New AIG Rescue Is Bank Blessing

]]> http://www.financemedia.info/2008/11/12/new-aig-rescue-is-bank-blessing/feed/ Heavy losses at Hypo Real Estate http://www.financemedia.info/2008/11/12/heavy-losses-at-hypo-real-estate/ http://www.financemedia.info/2008/11/12/heavy-losses-at-hypo-real-estate/#comments Wed, 12 Nov 2008 08:04:12 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/heavy-losses-at-hypo-real-estate/ Troubled German lender Hypo Real Estate announces heavy losses of 3.1bn euros for the third quarter.

Post from: Media of Finance

Heavy losses at Hypo Real Estate

]]> http://www.financemedia.info/2008/11/12/heavy-losses-at-hypo-real-estate/feed/ U.S. Steps Up Help for Homeowners http://www.financemedia.info/2008/11/12/us-steps-up-help-for-homeowners/ http://www.financemedia.info/2008/11/12/us-steps-up-help-for-homeowners/#comments Wed, 12 Nov 2008 08:00:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/us-steps-up-help-for-homeowners/ Fannie and Freddie will help streamline the modification of loans for potentially hundreds of thousands of homeowners at risk of foreclosure.

Post from: Media of Finance

U.S. Steps Up Help for Homeowners

]]> http://www.financemedia.info/2008/11/12/us-steps-up-help-for-homeowners/feed/ AmEx Said to Request $3.5 Billion in U.S. Aid http://www.financemedia.info/2008/11/12/amex-said-to-request-35-billion-in-us-aid/ http://www.financemedia.info/2008/11/12/amex-said-to-request-35-billion-in-us-aid/#comments Wed, 12 Nov 2008 07:52:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/amex-said-to-request-35-billion-in-us-aid/ American Express is seeking roughly $3.5 billion in taxpayer-funded capital from the government’s TARP plan.

Post from: Media of Finance

AmEx Said to Request $3.5 Billion in U.S. Aid

]]> http://www.financemedia.info/2008/11/12/amex-said-to-request-35-billion-in-us-aid/feed/ Dentsu to Acquire McGarry Bowen http://www.financemedia.info/2008/11/12/dentsu-to-acquire-mcgarry-bowen/ http://www.financemedia.info/2008/11/12/dentsu-to-acquire-mcgarry-bowen/#comments Wed, 12 Nov 2008 07:50:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/dentsu-to-acquire-mcgarry-bowen/ Japanese advertising heavyweight Dentsu agreed to acquire McGarry Bowen, one of the largest independent ad boutiques in New York.

Post from: Media of Finance

Dentsu to Acquire McGarry Bowen

]]> http://www.financemedia.info/2008/11/12/dentsu-to-acquire-mcgarry-bowen/feed/ Norway tops gender equality list http://www.financemedia.info/2008/11/12/norway-tops-gender-equality-list/ http://www.financemedia.info/2008/11/12/norway-tops-gender-equality-list/#comments Wed, 12 Nov 2008 06:32:49 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/norway-tops-gender-equality-list/ Norway tops a league of countries in closing the gender gap, according to the World Economic Forum

Post from: Media of Finance

Norway tops gender equality list

]]> http://www.financemedia.info/2008/11/12/norway-tops-gender-equality-list/feed/ Transition to Stall G-20’s Progress http://www.financemedia.info/2008/11/12/transition-to-stall-g-20s-progress/ http://www.financemedia.info/2008/11/12/transition-to-stall-g-20s-progress/#comments Wed, 12 Nov 2008 05:07:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/transition-to-stall-g-20s-progress/ Obama’s absence from the Group of 20 meeting this week is likely to stall any progress toward remodeling the world financial system.

Post from: Media of Finance

Transition to Stall G-20’s Progress

]]> http://www.financemedia.info/2008/11/12/transition-to-stall-g-20s-progress/feed/ U.K. Banks: Open the Vaults http://www.financemedia.info/2008/11/12/uk-banks-open-the-vaults/ http://www.financemedia.info/2008/11/12/uk-banks-open-the-vaults/#comments Wed, 12 Nov 2008 05:01:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/uk-banks-open-the-vaults/ http://www.financemedia.info/2008/11/12/uk-banks-open-the-vaults/feed/ Russia Allows Ruble to Weaken http://www.financemedia.info/2008/11/12/russia-allows-ruble-to-weaken/ http://www.financemedia.info/2008/11/12/russia-allows-ruble-to-weaken/#comments Wed, 12 Nov 2008 05:01:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/russia-allows-ruble-to-weaken/ http://www.financemedia.info/2008/11/12/russia-allows-ruble-to-weaken/feed/ Slump Infiltrates German Funds http://www.financemedia.info/2008/11/12/slump-infiltrates-german-funds/ http://www.financemedia.info/2008/11/12/slump-infiltrates-german-funds/#comments Wed, 12 Nov 2008 05:01:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/slump-infiltrates-german-funds/ http://www.financemedia.info/2008/11/12/slump-infiltrates-german-funds/feed/ Treasury Weighs Private Role in TARP http://www.financemedia.info/2008/11/12/treasury-weighs-private-role-in-tarp/ http://www.financemedia.info/2008/11/12/treasury-weighs-private-role-in-tarp/#comments Wed, 12 Nov 2008 05:01:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/treasury-weighs-private-role-in-tarp/ The Treasury is considering requiring that firms seeking future government money raise private capital in order to qualify for public funds.

Post from: Media of Finance

Treasury Weighs Private Role in TARP

]]> http://www.financemedia.info/2008/11/12/treasury-weighs-private-role-in-tarp/feed/ Layaway makes a comeback http://www.financemedia.info/2008/11/12/layaway-makes-a-comeback-2/ http://www.financemedia.info/2008/11/12/layaway-makes-a-comeback-2/#comments Wed, 12 Nov 2008 05:01:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/layaway-makes-a-comeback-2/ No credit? No problem! Some businesses are dusting off a budget-friendly strategy familiar to your parents and grandparents. Now you can even get a replacement hip that way.

Post from: Media of Finance

Layaway makes a comeback

]]> http://www.financemedia.info/2008/11/12/layaway-makes-a-comeback-2/feed/ Banks, feds offer new mortgage aid http://www.financemedia.info/2008/11/12/banks-feds-offer-new-mortgage-aid-2/ http://www.financemedia.info/2008/11/12/banks-feds-offer-new-mortgage-aid-2/#comments Wed, 12 Nov 2008 05:01:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/banks-feds-offer-new-mortgage-aid-2/ The plan, intended to stem a tide of foreclosures, includes reduced interest rates and extended payment periods for hundreds of thousands of mortgages.

Post from: Media of Finance

Banks, feds offer new mortgage aid

]]> http://www.financemedia.info/2008/11/12/banks-feds-offer-new-mortgage-aid-2/feed/ Year-end moves to trim your tax bill http://www.financemedia.info/2008/11/12/year-end-moves-to-trim-your-tax-bill-2/ http://www.financemedia.info/2008/11/12/year-end-moves-to-trim-your-tax-bill-2/#comments Wed, 12 Nov 2008 05:01:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/year-end-moves-to-trim-your-tax-bill-2/ The holidays — a season of giving and joy — are almost here. It’s also your last chance to cut your 2008 taxes. (Keep those receipts when you give to charities!)

Post from: Media of Finance

Year-end moves to trim your tax bill

]]> http://www.financemedia.info/2008/11/12/year-end-moves-to-trim-your-tax-bill-2/feed/ Layaway makes a comeback http://www.financemedia.info/2008/11/12/layaway-makes-a-comeback/ http://www.financemedia.info/2008/11/12/layaway-makes-a-comeback/#comments Wed, 12 Nov 2008 05:01:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/layaway-makes-a-comeback/ No credit? No problem! Some businesses are dusting off a budget-friendly strategy familiar to your parents and grandparents. Now you can even get a replacement hip that way.

Post from: Media of Finance

Layaway makes a comeback

]]> http://www.financemedia.info/2008/11/12/layaway-makes-a-comeback/feed/ Banks, feds offer new mortgage aid http://www.financemedia.info/2008/11/12/banks-feds-offer-new-mortgage-aid/ http://www.financemedia.info/2008/11/12/banks-feds-offer-new-mortgage-aid/#comments Wed, 12 Nov 2008 05:01:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/banks-feds-offer-new-mortgage-aid/ The plan, intended to stem a tide of foreclosures, includes reduced interest rates and extended payment periods for hundreds of thousands of mortgages.

Post from: Media of Finance

Banks, feds offer new mortgage aid

]]> http://www.financemedia.info/2008/11/12/banks-feds-offer-new-mortgage-aid/feed/ Year-end moves to trim your tax bill http://www.financemedia.info/2008/11/12/year-end-moves-to-trim-your-tax-bill/ http://www.financemedia.info/2008/11/12/year-end-moves-to-trim-your-tax-bill/#comments Wed, 12 Nov 2008 05:01:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/year-end-moves-to-trim-your-tax-bill/ The holidays — a season of giving and joy — are almost here. It’s also your last chance to cut your 2008 taxes. (Keep those receipts when you give to charities!)

Post from: Media of Finance

Year-end moves to trim your tax bill

]]> http://www.financemedia.info/2008/11/12/year-end-moves-to-trim-your-tax-bill/feed/ China Data Show Need for Stimulus http://www.financemedia.info/2008/11/12/china-data-show-need-for-stimulus/ http://www.financemedia.info/2008/11/12/china-data-show-need-for-stimulus/#comments Wed, 12 Nov 2008 04:02:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/china-data-show-need-for-stimulus/ The slowdown in China is spreading, with weak October data illustrating why Beijing hurried to announce its massive stimulus plan.

Post from: Media of Finance

China Data Show Need for Stimulus

]]> http://www.financemedia.info/2008/11/12/china-data-show-need-for-stimulus/feed/ Exelon Takes Offer to NRG Holders http://www.financemedia.info/2008/11/12/exelon-takes-offer-to-nrg-holders/ http://www.financemedia.info/2008/11/12/exelon-takes-offer-to-nrg-holders/#comments Wed, 12 Nov 2008 03:42:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/exelon-takes-offer-to-nrg-holders/ Exelon said it will take its $6.2 billion offer for NRG Energy directly to the merchant power generator’s shareholders, while suing NRG and its directors, alleging they didn’t give due consideration to the bid.

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Exelon Takes Offer to NRG Holders

]]> http://www.financemedia.info/2008/11/12/exelon-takes-offer-to-nrg-holders/feed/ Chesapeake Sells Stake in Natural-Gas Field http://www.financemedia.info/2008/11/12/chesapeake-sells-stake-in-natural-gas-field/ http://www.financemedia.info/2008/11/12/chesapeake-sells-stake-in-natural-gas-field/#comments Wed, 12 Nov 2008 03:16:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/chesapeake-sells-stake-in-natural-gas-field/ Statoil’s joint venture with Chesapeake Energy points to growing interest in the North American natural-gas market despite falling prices.

Post from: Media of Finance

Chesapeake Sells Stake in Natural-Gas Field

]]> http://www.financemedia.info/2008/11/12/chesapeake-sells-stake-in-natural-gas-field/feed/ World Bank Ready to Provide Aid http://www.financemedia.info/2008/11/12/world-bank-ready-to-provide-aid/ http://www.financemedia.info/2008/11/12/world-bank-ready-to-provide-aid/#comments Wed, 12 Nov 2008 03:16:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/world-bank-ready-to-provide-aid/ The World Bank plans to step up assistance to developing nations and companies based in them by more than $100 billion over the next few years.

Post from: Media of Finance

World Bank Ready to Provide Aid

]]> http://www.financemedia.info/2008/11/12/world-bank-ready-to-provide-aid/feed/ Energy body warns on oil prices http://www.financemedia.info/2008/11/12/energy-body-warns-on-oil-prices/ http://www.financemedia.info/2008/11/12/energy-body-warns-on-oil-prices/#comments Wed, 12 Nov 2008 02:39:28 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/energy-body-warns-on-oil-prices/ A lack of investment in exploration will be likely to force oil prices up and up, a leading energy body warns.

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Energy body warns on oil prices

]]> http://www.financemedia.info/2008/11/12/energy-body-warns-on-oil-prices/feed/ Mitsubishi Rayon to Buy Lucite http://www.financemedia.info/2008/11/12/mitsubishi-rayon-to-buy-lucite/ http://www.financemedia.info/2008/11/12/mitsubishi-rayon-to-buy-lucite/#comments Wed, 12 Nov 2008 02:23:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/mitsubishi-rayon-to-buy-lucite/ Mitsubishi Rayon agreed to buy U.K. plastics maker Lucite for $1.6 billion, as Japanese companies buoyed by the strength of the yen chase assets abroad.

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Mitsubishi Rayon to Buy Lucite

]]> http://www.financemedia.info/2008/11/12/mitsubishi-rayon-to-buy-lucite/feed/ Yellowstone, Club for Rich, Goes Bankrupt http://www.financemedia.info/2008/11/12/yellowstone-club-for-rich-goes-bankrupt/ http://www.financemedia.info/2008/11/12/yellowstone-club-for-rich-goes-bankrupt/#comments Wed, 12 Nov 2008 02:13:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/yellowstone-club-for-rich-goes-bankrupt/ The Yellowstone Club, whose members include Bill Gates and other billionaires, filed for bankruptcy protection, citing a cash crunch.

Post from: Media of Finance

Yellowstone, Club for Rich, Goes Bankrupt

]]> http://www.financemedia.info/2008/11/12/yellowstone-club-for-rich-goes-bankrupt/feed/ Weaker Pound Fails to Lift Exports http://www.financemedia.info/2008/11/12/weaker-pound-fails-to-lift-exports/ http://www.financemedia.info/2008/11/12/weaker-pound-fails-to-lift-exports/#comments Wed, 12 Nov 2008 01:37:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/weaker-pound-fails-to-lift-exports/ Data show the sinking pound has so far failed to fuel British export growth, depriving the U.K. of critical economic stimulus that has worked before.

Post from: Media of Finance

Weaker Pound Fails to Lift Exports

]]> http://www.financemedia.info/2008/11/12/weaker-pound-fails-to-lift-exports/feed/ Debt Pile Looms Over Europe Firms http://www.financemedia.info/2008/11/12/debt-pile-looms-over-europe-firms/ http://www.financemedia.info/2008/11/12/debt-pile-looms-over-europe-firms/#comments Wed, 12 Nov 2008 01:04:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/debt-pile-looms-over-europe-firms/ European companies face a struggle as they seek to refinance $242.6 billion worth of maturing debt over the coming year.

Post from: Media of Finance

Debt Pile Looms Over Europe Firms

]]> http://www.financemedia.info/2008/11/12/debt-pile-looms-over-europe-firms/feed/ Dow off 177 despite mortgage aid plan http://www.financemedia.info/2008/11/12/dow-off-177-despite-mortgage-aid-plan/ http://www.financemedia.info/2008/11/12/dow-off-177-despite-mortgage-aid-plan/#comments Wed, 12 Nov 2008 00:30:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/dow-off-177-despite-mortgage-aid-plan/ The blue chips, however, come back from a 310-point loss after the government announces plans to renegotiate terms on many mortgages. Crude oil falls below $60. Toll Bros. says October’s financial panic gutted sales. Starbucks profit plunges 97%.

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Dow off 177 despite mortgage aid plan

]]> http://www.financemedia.info/2008/11/12/dow-off-177-despite-mortgage-aid-plan/feed/ German Sentiment Improves http://www.financemedia.info/2008/11/12/german-sentiment-improves/ http://www.financemedia.info/2008/11/12/german-sentiment-improves/#comments Wed, 12 Nov 2008 00:15:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/german-sentiment-improves/ Sentiment among German financial analysts and institutional investors picked up this month on the government’s rescue package and global interest-rate cuts.

Post from: Media of Finance

German Sentiment Improves

]]> http://www.financemedia.info/2008/11/12/german-sentiment-improves/feed/ EU plans more credit rating rules http://www.financemedia.info/2008/11/12/eu-plans-more-credit-rating-rules/ http://www.financemedia.info/2008/11/12/eu-plans-more-credit-rating-rules/#comments Wed, 12 Nov 2008 00:06:17 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/eu-plans-more-credit-rating-rules/ Plans for tougher regulation of credit rating agencies are due to be announced later by the European Commission.

Post from: Media of Finance

EU plans more credit rating rules

]]> http://www.financemedia.info/2008/11/12/eu-plans-more-credit-rating-rules/feed/ Lenders offer new tracker mortgages - but no rate cut http://www.financemedia.info/2008/11/12/lenders-offer-new-tracker-mortgages-but-no-rate-cut/ http://www.financemedia.info/2008/11/12/lenders-offer-new-tracker-mortgages-but-no-rate-cut/#comments Wed, 12 Nov 2008 00:00:37 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/lenders-offer-new-tracker-mortgages-but-no-rate-cut/ Three of Britain’s biggest mortgage lenders have relaunched the first new
tracker loans since the exodus from the market last week, but have failed to
pass on the 1.5 per cent reduction to the base rate made by the Bank of
England last week.

Post from: Media of Finance

Lenders offer new tracker mortgages - but no rate cut

]]> http://www.financemedia.info/2008/11/12/lenders-offer-new-tracker-mortgages-but-no-rate-cut/feed/ Romania Sees Cracks in Economy http://www.financemedia.info/2008/11/12/romania-sees-cracks-in-economy/ http://www.financemedia.info/2008/11/12/romania-sees-cracks-in-economy/#comments Tue, 11 Nov 2008 22:59:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/romania-sees-cracks-in-economy/ Romania’s rising inflation and recent ratings downgrades suggest that fast growth may not be enough to protect the country from the financial crisis.

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Romania Sees Cracks in Economy

]]> http://www.financemedia.info/2008/11/12/romania-sees-cracks-in-economy/feed/ Shares fall on more economy fears http://www.financemedia.info/2008/11/12/shares-fall-on-more-economy-fears/ http://www.financemedia.info/2008/11/12/shares-fall-on-more-economy-fears/#comments Tue, 11 Nov 2008 22:21:33 +0000 piotr zukowski http://www.financemedia.info/2008/11/12/shares-fall-on-more-economy-fears/ Global shares fall sharply due to renewed concerns about the world economy, while oil prices decline to 20-month lows.

Post from: Media of Finance

Shares fall on more economy fears

]]> http://www.financemedia.info/2008/11/12/shares-fall-on-more-economy-fears/feed/ German talks aim to stop strike http://www.financemedia.info/2008/11/11/german-talks-aim-to-stop-strike/ http://www.financemedia.info/2008/11/11/german-talks-aim-to-stop-strike/#comments Tue, 11 Nov 2008 21:55:29 +0000 piotr zukowski http://www.financemedia.info/2008/11/11/german-talks-aim-to-stop-strike/ Germany’s biggest industrial trade union and some of the country’s largest firms are meeting to try to prevent a pay dispute.

Post from: Media of Finance

German talks aim to stop strike

]]> http://www.financemedia.info/2008/11/11/german-talks-aim-to-stop-strike/feed/ GM Eyes Bigger Stake in Chinese Venture http://www.financemedia.info/2008/11/11/gm-eyes-bigger-stake-in-chinese-venture/ http://www.financemedia.info/2008/11/11/gm-eyes-bigger-stake-in-chinese-venture/#comments Tue, 11 Nov 2008 21:36:00 +0000 piotr zukowski http://www.financemedia.info/2008/11/11/gm-eyes-bigger-stake-in-chinese-venture/ General Motors is in talks to increase its stake in a Chinese joint venture that makes small, inexpensive cars and vans.

Post from: Media of Finance

GM Eyes Bigger Stake in Chinese Venture

]]> http://www.financemedia.info/2008/11/11/gm-eyes-bigger-stake-in-chinese-venture/feed/ Japanese Data Spell More Gloom http://www.financemedia.info/2008/11/11/japanese-data-spell-more-gloom/ http://www.financemedia.info/2008/11/11/japanese-data-spell-more-gloom/#comments Tue, 11 Nov 2008 20:52:00 +0000 piotr zukowski http://www.financemed