Headline News Archive
2008
October
29
- Consumers feel the next crisis: it’s credit cards. First came the mortgage crisis. Now comes the credit card crisis. After years of flooding Americans with credit card offers and sky-high credit lines, lenders…
27
- E-tailers push email discounts to lure shoppers. NEW YORK - Online retailers - grappling with a sharp drop in consumer spending from even their most gung-ho Web enthusiasts - are becoming pushier…
- Some stores resurrect layaway for holidays. CHICAGO - A payment method that became decidedly passe in the 1980s is being promoted again this holiday season as a way for budget-conscious shoppers…
26
- Snipping, clipping and crimping: Coupons return. Talia Holston used to spend about $150 a week to feed herself and her three children. Then she started using coupons, trolling the Internet for…
- Crises help create a teachable moment. Unemployment is rising. The stock market is setting all sorts of records - mostly bad. And the economy might be headed into a prolonged recession.…
- Stay out of debt in rollercoaster economy. In the face of an unpredictable economy, can you withstand a fiscal crisis? Here are four steps to take to protect your household from falling…
- Even gold isn't a sure bet. Gold is for rich guys - buying physical gold, that is. The metal's highest and best investment use is as an insurance policy against a…
- Still time for a health savings account. It's not too late to set up a health-savings account this year and contribute the maximum amount - as long as you get moving by…
25
- Trying for a bigger tax credit. Reluctant potential home buyers could be in line for some additional tax and financing enticements, either through a post-election lame duck congressional session or from…
23
- The ABCs of credit card residual interest. When you pay the full amount on your credit card statement and don't add any new charges, your balance is zero, right? Not necessarily. Welcome…
- Credit rating agency heads grilled by lawmakers. Conflicts of interest were largely responsible for the disastrous performance of credit rating agencies in assessing the risks of mortgage-backed securities, two former high-ranking officials…
22
- Banks mine data and woo troubled borrowers. Brenda Jerez hardly seems like the kind of person lenders would fight over. For months after she emerged from insolvency last fall, 6 to 10…
- Public likely to pay for rising personal bankruptcies. Matthew Shelbourn knows money. The 27-year-old Cerritos resident studied accounting as an undergrad at USC and kicked around various jobs in the financial sector before…
- Young people know little about free credit reports. WASHINGTON, DC—October 22, 2008— A recent survey by the Jump$tart Coalition® for Personal Financial Literacy demonstrated that less than half of the high school seniors…
- How to save $8,919.45 a year. In tough times, consumers are looking to stretch their dollars further. Here are six simple ways to save thousands.
- Low marks for Paulson, bailout. A majority of Americans aren't happy with the way Treasury Secretary Henry Paulson is handling his job or with the financial rescue package he and…
21
- Beware the digital zombies. In a windowless room on Microsoft’s campus here, T. J. Campana, a cybercrime investigator, connects an unprotected computer running an early version of Windows XP…
20
- Mortgage market remains intact. Everybody knows how severe and painful the global financial breakdown has been, with banks unwilling to lend even to other banks. But what about mortgages…
- Debt collectors are busy as credit defaults rise. I got to know Marvin Kaulkin by smoking an occasional cigar together at Bethesda Tobacco, a popular spot in lower Montgomery County. His Rockville firm,…
- Middle-class Americans' retirement at risk. Through most of his working life, steelworker Ray West looked toward a secure retirement. His company pension would bring in around $30,000 a year, his…
- Falling gas prices bring relief in financial crisis. arbara Warner is one of many people here and across the USA relieved about plummeting gas prices. For months, the mother of three fretted as…
- Rules relaxed for 'food stamp' eligibility. As the economy weakens, states and the federal government are trying to help more people qualify for food stamps. Since Oct. 1, new federal rules…
- Las dos caras de la deuda. Sólo de oírla, la palabra "deuda" suena mal. Pero bien pensada y administrada, esta estrategia económica puede ser un puntal de tu vida financiera... o…
- ¿Qué hago con mis inversiones?. Existe una nueva enfermedad que muchas personas están padeciendo. Se llama "evitaritis aguda". Tiene solamente un síntoma que cualquiera puede diagnosticar: cuando el paciente recibe…
19
- Fixing common money mistakes. Everybody makes mistakes. But when it comes to money, even little errors can prove devastating. Bruce McClary, communications director for Clearpoint Financial Solutions, recalls a…