Budgeting Your Future
Nov 21st, 2008 | By Doug Casey | Category: Financial NewsU.S. Automakers, Freddie Mac (FRE) and Foreign Exporters Next in Line for Bailout Handouts
Nov 17th, 2008 | By William Patalon III | Category: Financial NewsThis week is shaping up to be another active one on the bailout-and-financing front. First and foremost, Congress returns to work this week to consider a once-unthinkable proposal: Put up billions in taxpayer-backed loans so that Detroit’s “Big Three” can be saved. Expect a fight, however, as the bailout debate finally moves past banks to focus on General Motors Corp. (GM), Ford Motor Co. (F), and Chrysler Corp.
Government Rolls Out Long-Sought-After Anti-Foreclosure Program
Nov 12th, 2008 | By William Patalon III | Category: Financial NewsFannie Mae (FNM) and Freddie Mac (FRE), the mortgage giants taken over by the federal government back in September, will lower monthly payments for hundreds of thousands of struggling U.S. homeowners as part of a plan to accelerate anti-foreclosure efforts, federal officials announced yesterday (Tuesday).
Treasury and FDIC Team Up to Aid Homeowners at Risk for Foreclosure
Oct 24th, 2008 | By Jennifer Yousfi | Category: Financial NewsForeclosures continue to plague the U.S. housing market, but government agencies are working to develop a plan to aid struggling homeowners, and in turn, strengthen the U.S. economy.
Global Investing Roundups: Thursday, May 1st, 2008
May 1st, 2008 | By William Patalon III | Category: Stock Market Investing52-Week T-Bill is Back; Sweet-Smelling Deal for FTD; First Family of Oil Calls for Environmental Focus; Garmin Losing Track; PepsiCo. Stocking up on Water; Bovespa Hits Record on S&P Rating; Kraft Profit Tumbles 13%; Kellogg Profit Sheds 2%.
The U.S. Declares War on Iran…At Least Financially
Apr 2nd, 2008 | By Mark Nestmann | Category: Politics & EconomicsNo, there haven’t been any nuclear missiles launched, at least not yet. No mobilization of U.S. forces on Iran’s border. But on March 20, the United States launched the equivalent of an invasion of Iran, in the world of global finance.