All Economy
Greece to investors: take a haircut so we can get our bailoutFor Greece to receive its second international bailout, private lenders need to agree to a substantial debt write-off. The deadline for an agreement is tonight.
Baby clothes too pricey? Try a yard sale.In the early stages of childhood, kids outgrow clothing so quickly that it's unlikely they'll wear out.聽 As a result, it's easy to find secondhand kids' clothes that are practically new.- Mortgage rates dip again. 15-year loan hits new low.Mortgage rates for 30-year fixed loan falls to 3.88 percent; 15-year fixed mortgage rates now average 3.13 percent.
- Where to invest for 2012? Nine themes.Investors will have to navigate a global recession in 2012. Here are nine investment themes that offer the best opportunities for profit.
The Fed's stock market anxietyThe Federal Reserve is intent on keeping the stock market rolling higher, no matter the cost.- Retirement cuts? American backs off threat.Retirement pay for workers will be frozen, as bankrupt American Airlines backs off threat to terminate pension plans. The freezing of retirement plans will affect flight attendants and ground workers, not pilots.
ADP Report: Private employers added 216,000 jobsADP聽released the聽latest installment of their National Employment Report, indicating that the situation for private employment in the U.S. improved in February as private employers added 216,000 jobs in the month.聽- Greek default? It's already happening, debt deal or not.Greek debt swap may not be a default technically speaking, but it's still a default. Holders of Greek debt and Greece's citizens are feeling its pinch.
30-year mortgage rate at 3.96 percentThe latest data is showing that the average rate for a 30 year fixed rate mortgage went flat at 3.96% since last week while the purchase application volume increased 2.1% and the refinance application declined 2.0% over the same period.
Eric Holder: Corporate fraud criminal cases coming soonEric Holder, the US attorney general, says his federal department continues to pursue individuals involved in corporate fraud. Eric Holder told states attorneys general fines alone aren't working.
A counterweight to foreclosure crisis: community land trusts?As home foreclosures put a drag on the US economy, 250 community land trusts across the US use one-time taxpayer subsidies to help low-income homebuyers and stabilize communities.
How to make your own baby wipesCreating your own baby wipes is easier (and more cost-effective) than you might think.聽- Greece's debt: What happens if deal fails?Greece debt default looms if 75 percent of debt-holders don't go along with the negotiated restructuring plan. Even so, market reaction to a disorderly default on Greece's debt could be minimal.
Delinquent home loans increaseIn January, 3.08 percent of non-credit enhanced loans went seriously delinquent.
Two good books on tax reformIf you want a good read on individual or corporate tax refprm, pick up one of these new titles.
Stock market takes a dive, ending 2012 rallyStock market suffered its biggest losses of the year Tuesday amid worries about the global economy and Greece. The Dow fell 203 points to close at at 12759 in its biggest drop since November.
Mortgage refinance package to lower fees for 3 million homesObama's mortgage refinance package could save certain homeowners $1,000 a year. This mortgage refinance package, announced Tuesday,聽targets up to 3 million Americans.- Rush Limbaugh: If ad boycott expands, can he survive?Rush Limbaugh's inappropriate comments about a law student has caused at least 19 companies to pull their ads from his show. But his on-air survival probably depends on whether his listeners leave. 聽
Stanford found guilty in $7 billion Ponzi schemeThe Texas financier was convicted Tuesday on 13 counts of fraud and other charges.
Cloth diapers: worth the money and the messCloth diapers aren't as messy and time consuming as you think, and they're worlds cheaper (not to mention better for the planet) than disposable.
