Tuesday, March 31, 2009

Your Money: Money Managers

Following your money after it's invested is important for maximizing returns. And as AP Personal Finance Editor Trevor Delaney explains, knowing about the money manager can pay off as well.

Monday, March 30, 2009

White House Questions Viability of GM, Chrysler

President Barack Obama said Monday that neither General Motors nor Chrysler has proposed sweeping enough changes to justify further large federal bailouts.

Tough Deadlines for Chrysler, GM

The White House says neither General Motors nor Chrysler submitted acceptable plans to receive more bailout money, setting the stage for a crisis in Detroit that would dramatically reshape the nation's auto industry.

GM CEO to Step Down at White House Request

General Motors Chairman and CEO Rick Wagoner will step down immediately at the request of the White House, administration officials said Sunday.

Friday, March 27, 2009

AP Top Stories 03.27.09

Here's the latest news for Friday March 27: Funeral for slain Oakland police officers; Obama releases Afghan plan; Flooding concerns in North Dakota; Gas prices top $2.

Thursday, March 26, 2009

Your Money: a Financial Checklist

Following a checkoff list for all things finance is a good tool to keep your money in order. AP Personal Finance Editor Trevor Delaney explains.

AP Top Stories 03.26.09

Here's the latest news for Thursday, March 26th: North Dakota faces flood; Possible tornado in Mississippi; 20,000 protest Thailand government; White tigers fight lions in South Korea.

Wednesday, March 25, 2009

Your Money: Finding Work for College Kids

Finding work for college students can be especially hard during the recession, but as AP Personal Finance Editor Trevor Delaney explains, there are many resources available.

AP Top Stories 03.25.09

Here's the latest news for Wednesday, March 25th: Obama prime-time news conference; Sec. Clinton heads to Mexico; North Dakota declared a federal disaster area; Pedestrian struck and killed by Donte Stallworth not in crosswalk.

Tuesday, March 24, 2009

Money Minute: GM, Digital TV, Mountaintop Mining

General Motors has announced the first of 3,400 salaried layoffs in the United States.

Your Money: Best Practices to Prepare a Will

The untim4ely death of actress Natasha Richardson has brought the issue of personal wills into the forefront. AP Personal Finance Editor Trevor Delaney explains.

Sunday, March 22, 2009

3/21/09: Your Weekly Address

The President reflects on lessons from his time spent outside Washington this week, which only reinforced the four core principles in his budget.

Wednesday, March 18, 2009

AIG CEO Calls Bonuses 'Distasteful'

Edward Liddy, the chief executive officer of failed insurance conglomerate AIG, acknowledged Wednesday that the company's multimillion-dollar bonuses were 'distasteful' to many and had provoked a firestorm of wrath.

Your Money: April 15th Approaches

With the tax filing deadline approaching, many Americans are wondering what help is available when questions arise. AP Personal Finance Editor Trevor Delaney explains.

Saturday, March 14, 2009

Your Money: 401(k) Loans

The unemployment rate continues to rise and many people are considering tapping into their retirement savings, or taking a loan against their 401(k) plan. Author Lynette Khalfani-Cox offers some guidance.

March 13: Stocks End Best Week Since November

A stunning about-face in bank shares handed the stock market its best week since November.

AP Top Stories 03.14.09

Here's the latest news for Saturday, March 14, 2009: G-20 talks in England; Obama talks food safety in weekly address; Lighter sentence possible for Madoff; Huge dog rescue in Oregon.

Wednesday, March 11, 2009

Money Minute: Deficit, Ford, OPEC

The federal deficit soared to $765 billion in the first five months of the budget year, well on its way to hitting the Obama administration's projection of a record annual imbalance of $1.75 trillion.

Recession Spawns 'tent Cities' in Calif. Capital

Sacramento residents forced out of their homes by the recession are literally pitching their tents across about 40 acres of unused land. The trend has become an alternative to shelters which have run out of beds.

Money Minute: Delta, Casinos, Burger King

Delta Air Lines will cut international capacity by an additional 10 percent.

Monday, March 9, 2009

Your Money:Summer Camp Savings

While summer vacation may stull be a few months off, it's never too early to start planning for the expense. AP Personal Finance Editor Trevor Delaney explains.

Merck Buying Schering-Plough in $41.1B Deal

Merck is buying Schering-Plough for $41.1 billion in stock and cash in a deal that gives the companies more firepower to compete in a drug industry facing slumping sales, tough generic competition and intense pricing pressures.

Friday, March 6, 2009

Money Minute: British Airways, Google, Oil

British Airways's corporate credit rating has been cut to junk status by Standard&Poor's.

Jobless Rate Bolts to 8.1 Percent

The nation's unemployment rate bolted to 8.1 percent in February, the highest since late 1983, as cost-cutting employers slashed 651,000 jobs.

Thursday, March 5, 2009

Money Minute: Retail Sales, Mortgages, Oil

After hibernating since last fall, shoppers may be crawling out of their caves to restock their pantries.

Wednesday, March 4, 2009

Your Money: Avoiding Investment Scams

As the economy continues to deteriorate, a number of investment scams have been uncovered. AP Personal Finance Editor Trevor Delaney looks at a few tools available to help you avoid getting ripped off.

AP Top Stories 03.04.09

Government homeowner rescue plan detailed; Clinton says Israel "unhelpful" in home demolition; Referee says he saw no police during Pakistan convoy ambush; Knighthood for Ted Kennedy.

Tuesday, March 3, 2009

US Auto Sales Drop at Least 40 Pct

Major automakers' U.S. sales continued their deep slump in February, putting the industry on track for its worst sales month in more than 27 years.

March 3: Stocks Lower, but Trading More Stable

Stocks have extended their losses in an erratic session as investors wrestle with the reality that the economy is still far from a recovery.

AP Top Stories 03.03.09

One missing boater rescued, 2 NFL players among 3 still missing; Family of man killed by BART officer file lawsuit; Madoff seeks to keep Manhattan apartment; Gandhi's glasses to go on auction block.

Monday, March 2, 2009

Money Minute: HSBC, Oil, PCs

European bank HSBC will cut 6,100 jobs in the United States and will shutter its consumer loan businesses here.