Archive for April, 2008

Fed expected to lower key rate today

Washington — The Federal Reserve is poised to deliver another interest rate cut to millions of people and businesses this week, although that could be the last break they get for a while. (3 mins ago)

Fed poised to cut rates; may take a break after that

The Federal Reserve is poised to deliver another interest rate cut to millions of people and businesses this week, although that could be the last break they get for a while. (9 mins ago)

Us Fed Poised To Cut Rates; May Take Break After That

WASHINGTON –Battling risky economic crosscurrents, the Federal Reserve is ready to bump down a key interest rate again to brace the wobbly economy. That rate cut could turn out to be the last one for a while as zooming energy and food prices heighten inflation concerns. (11 mins ago)

Invest rebate for a better future

Put it in a bank CD, or in a Roth IRA savings account Treat yourself. (3 mins ago)

LendingTree reports data theft; and Florida announces ‘phishing scheme’ aimed at state employees

Separate breach targets state workers The state attorney general is advising clients of LendingTree, an online company that helps consumers shop for loans, to monitor their credit reports and accounts carefully, because their personal information may have been leaked to lenders. (1 hour ago)

Eight Financial Tips For Young Adults

Unfortunately, personal finance has not yet become a required subject in high school or college, so you might be fairly clueless about how to manage your money when you’re out in the real world for the first time. (27 mins ago)

Plan to buy Countrywide irks BofA shareholders

CHARLOTTE, N.C. — Beleaguered Bank of America Corp. shareholders pleaded Wednesday with the bank’s chief executive not to proceed with a $4 billion acquisition of distressed subprime mortgage lender Countrywide Financial Corp. (45 mins ago)

Steering Clear Of Medical Debt

When it comes to serious debt , medical expenses are the culprit for many people who land in the red. A survey by the Commonwealth Fund found that one out of five adults is paying off debt from medical bills. (26 mins ago)

Bank of America bracing for woes

Charlotte, N.C. — If the 77 percent drop in Bank of America’s first-quarter earnings is any indication, the economy may have a long way to go before it works out the problems that began with the subprime mortgage crisis. (3 mins ago)

It has grown harder to raise business capital

Borrowing money has never been easy for many small businesses, especially when they’re in the startup stage. It’s gotten even tougher in the aftermath of the mortgage and credit crisis, with lenders more worried about taking on the risks associated with business loans. (21 mins ago)