Making the right investment in a down economy is tricky business. And as AP Personal Finance Editor Trevor Delaney explains, there are a few things you should know when choosing a financial instrument.
Monday, June 29, 2009
Bernard Madoff Gets Maximum 150 Years in Prison
Bernard Madoff has been sentenced to the maximum 150 years in prison for his multibillion-dollar fraud scheme.
Thursday, June 25, 2009
Money Minute: Stanford Enters a Plea
A Texas billionaire is in court in connection with an alleged $7 billion scam, Microsoft's latest on Windows 7 and the Treasury Secretary serves the homeless.
Bernanke: I Did Not Bully BofA to Buy Merrill
Federal Reserve Chairman Ben Bernanke has told Congress that he didn't pressure Bank of America into acquiring Merrill Lynch in a deal that ultimately cost taxpayers $20 billion.
Your Money: Double-cycle Billing
In part four of AP's YourMoney series on credit card reform, AP Personal Finance Editor Trevor Delaney looks at the term, "double -cycle billing."
Wednesday, June 24, 2009
Your Money: Understanding Finance Charges
In part three of AP's series on credit card reform AP Personal Finance Editor Trevor Delaney explains how finance charges are calculated on your monthly statement.
Tuesday, June 23, 2009
Your Money: Credit Card Jargon
In part two of AP's series on credit card reforms, AP Personal Finance Editor Trevor Delaney explains some of the terms you'll find on your credit card statement.
Monday, June 22, 2009
Money Minute: Car Quality, Teens, Android
New vehicle quality has improved at Ford, General Motors and Chrysler, but they still lag behind foreign competitors.
Friday, June 19, 2009
Money Minute: Cell Contracts, Jobs, GM
The FCC says it will investigate whether exclusive cell phone deals, such as the one that locks the iPhone to AT&T, are good for consumers.
Your Money: Cash for Clunkers
Car shoppers could soon take advantage of government incentives worth up to $4,500 to send their old gas guzzler to the scrap heap and take delivery of a more fuel-efficient vehicle. AP Personal Finance Editor Trevor Delaney explains.
June 19: Stocks Log First Weekly Loss Since May
Stocks finished mixed Friday, leaving all the major indexes with their first weekly loss since early May. Tech, financial and retail stocks gained, while utilities and energy stocks were lower.
Thursday, June 18, 2009
Your Money: Do-it-yourself Tips
Saving money by taking on repairs at home is easy, if you know where to get answers.
Money Minute: Fewer on Unemployment
Total number of people on unemployment insurance drops; Geithner says Federal Reserve best suited to become super-regulator: Former HealthSouth CEO ordered to pay $2.8 billion to shareholders.
Wednesday, June 17, 2009
Money Minute: TARP, Eddie Bauer, Ti02
Ten U.S. banks will finish repaying about $68 billion in bailout money Wednesday.
Tuesday, June 16, 2009
Money Minute: Housing, Saab, MySpace
New home construction jumped 17.2 percent in May, and building permits - an indicator of future activity - rose 4 percent.
Monday, June 15, 2009
Your Money: Credit Counseling
If your credit rating is in the tank, there are steps you can follow to get back on the right track. AP Personal Finance Editor Trevor Delaney explains.
Money Minute: Loans, Gas, Expedia
While some economic indicators are pointing to better days ahead, new data shows consumers continued to struggle to make loan payments in the first quarter.
Thursday, June 11, 2009
Money Minute: Net Worth, Bank of America, MSFT
If you're feeling less well off, you're not alone. American households lost $1.33 trillion of their wealth in the first three months of the year. The AP's David Melendy reports.
Wednesday, June 10, 2009
Friday, June 5, 2009
Money Minute: Borrowing, Mowing, Phones
Consumer borrowing plunged by $15.7 billion in April, the second largest amount on record.
Your Money: Career Coaches
If you're unemployed or perhaps just frustrated in your current position, you may be wondering whether a career coach is for you. AP Personal Finance Editor Trevor Delaney explains.
June 5: Stocks End Mixed on Unemployment News
With unemployment still rising, investors are questioning if stocks should be, too.
Thursday, June 4, 2009
Your Money: Mommy Bloggers
Moms have always had a lot of power in the marketplace, and now the so-called mommy bloggers are really getting noticed. AP Personal Finance Editor Trevor Delaney explains.
Wednesday, June 3, 2009
Your Money: Discounts at National Parks
If you're looking to save money on your vacation this summer, AP Personal Finance Editor Trevor Delaney has the goods on deals at national parks.
Tuesday, June 2, 2009
Your Money: Economic Green Shoots
Steve Romick of the FPA Crescent Fund sits down with AP Personal Finance Editor Trevor Delaney to discuss 'Green Shoots'.