Managing Money
Headline News Archive
2008
July
31
- Americans reduce credit card spending. Americans in all age and income groups have reduced credit card use and cut spending on non-essential items as oil and food prices soar, home…
30
- 'Forever in Debt' report targets credit card practices. Congresswoman Carolyn B. Maloney (D-NY), Vice Chair of the Joint Economic Committee and Chair of the House Financial Services Subcommittee on Financial Institutions and Consumer…
- SEC extends market-calming short sale limits. The Securities and Exchange Commission extended on Tuesday an emergency limit on short sales in shares of Freddie Mac, Fannie Mae and 17 brokerage firms…
- Sprint must reimburse some early termination fees. Sprint Nextel was wrong to charge customers penalty fees of $73 million for early termination of cellphone contracts, a California court ruled yesterday, offering encouragement…
- Mortgage applications hit a 2008 low despite lower rates. Mortgage application volume tumbled 14.1% the week ended July 25, hitting its lowest level of the year, according to the Mortgage Bankers Association's weekly application…
29
- You can use CD as collateral for a loan. The credit crisis has made getting a loan a little more difficult these days. Frank Micriotti of Middle River wants to know why more people…
- Act now to claim bonus air miles. Got frequent-flier miles? Book your flight before new fees kick in for using those miles. Starting Aug. 6, US Airways will start charging $25 to…
- Credit card gripes flood Fed. Consumers are filing a record number of comments — mostly complaints — about credit cards with the Federal Reserve, adding momentum to efforts to reform…
- Los peligros de las tarjetas de débito. Las tarjetas de débito son una buena opción para evitar llevar dinero en efectivo en el bolsillo, pero, ¿cuáles son sus desventajas? ¿Son más útiles…
28
- How safe is your bank?. Nothing says hard times like people standing outside a bank demanding their money. IndyMac Bancorp's (IDMC) failure and the resulting chaos were reminiscent of Depression-era…
- No angry lines of customers after bank takeover. Customers of two banks closed by federal regulators were assured that every penny of their money was protected, preventing lines of angry accountholders from forming…
- Housing rescue bill may fall short. Is it a remedy for the worst housing slump the nation has suffered in decades? Or merely a taxpayer-funded bailout that will fail to reverse…
- Empleos que no sufren la crisis. Un débil crecimiento, una desaceleración de la economía y un mercado inmobiliario por los suelos son todos signos de recesión económica. La buena noticia para…
- ¿A quién ayudará la ley de rescate?. El Senado de Estados Unidos aprobó el proyecto de ley que busca apuntalar al sector hipotecario y que autorizaría préstamos por miles de millones de…
27
- Making peace with your plastic. (Note: This article has limited-time free availability.) In tough economic times like these, reliance on credit cards tends to grow, as evidenced by the 7%…
- Danger lurks when shopping for school loans. When college financial aid officers got into trouble last year for accepting gifts from lenders, the moral of the story was clear: You could easily…
- Working forever might not work. Baby boomers who never got around to saving as much as they hoped promised to keep working past retirement age. The joke in the generation…
- Helping women think about retirement. Women worry more about retirement than men. We fret more about inflation eroding our purchasing power. We agonize more over declining health and the rising…
- Extending health insurance for young people. hildren are generally dropped from their parents' health insurance when they turn 18 or 19 or graduate from college. But 16 states now require insurers…
- Housing bill unlikely to perform miracles. Even as a huge bipartisan majority in the Senate voted yesterday to send a sprawling housing bill to the White House, economists, consumer advocates and…
- Aumentará la inflación en EU. Los consumidores estadounidenses tendrán que pagar más por los artículos que adquieran... pronto. En lo que va del año, la mayor parte de la inflación…
26
- Property tax relief, without itemizing. The giant federal housing and foreclosure relief legislation heading for enactment contains a little-noticed - but potentially far-reaching - change in real estate tax policy.…
24
- Make no mistake and your rate can still spike. Better be careful - there's a new trap that can catch even the best credit card customers. You pay on time and stay within your…
- Five credit-card pitfalls to know about. These days, when a butterfly flaps its wings, a U.S. credit-card issuer raises the annual percentage rate on a consumer's credit card. At least that's…
- Credit cards: How to protect your limits. As big banks such as Wachovia (WB), Citigroup (C) and Bank of America (BAC) continue to post multimillion-dollar writedowns to cover mortgage loan losses and…