Federal Reserve Chairman Ben Bernanke told Congress Tuesday that the economy should pull out of a recession and start growing again later this year, but warned that unemployment is expected to remain high.
Tuesday, May 5, 2009
Bernanke: Economy Should Grow Later in 2009
Posted by Dstall at 1:03 PM 0 comments
Labels: bernanke, economy grow 2009, News - Politics
Your Money: The 'Sell in May' Strategy
A time-tested strategy that calls for investors to "sell in May and go away" might sound awfully tempting this year. AP Personal Finance Editor Trevor Delaney expplains.
Posted by Dstall at 1:01 PM 0 comments
Labels: News - Politics, on the money, sell in may strategy
Monday, May 4, 2009
Money Minute: Banks, Spending, Stress Tests
The Federal Reserve says a larger share of banks made it more difficult for people to obtain home mortgages over the last three months.
Posted by Dstall at 1:47 PM 0 comments
Labels: banks spending, minute, News - Politics, newsbriefs, stress tests
Your Money: Secured Credit Cards
For people with limited credit, secured credit cards are one option available to meet your spending needs. AP Personal Finance Editor Trevor Delaney explains.
Posted by Dstall at 1:07 PM 0 comments
Labels: News - Politics, on the money, secured credit cards
Friday, May 1, 2009
Money Minute: Manufacturing, Ford, TALF
Manufacturing activity contracted at a slower-than expected pace in April, raising hopes that the steep plunge that began last fall may be moderating.
Posted by Dstall at 1:03 PM 0 comments
Labels: ford, manufacturing, minute, News - Politics, newsbriefs, talf
Chrysler Files for Bankruptcy Protection
Chrysler filed for bankruptcy protection and announced it will temporarily halt most of its vehicle production while it completes a deal with Italian carmaker Fiat designed to revive its tattered fortunes.
Posted by Dstall at 10:14 AM 0 comments
Labels: chrysler files for bankruptcy protection, News - Politics, us
Thursday, April 30, 2009
April 30: Stocks End Mixed on Chrysler News
Chrysler's bankruptcy put only a small dent in Wall Street's rally and the Dow capped the month of April with a robust gain of 7.4 percent.
Posted by Dstall at 3:26 PM 0 comments
Labels: april 30, News - Politics, stocks mixed on chrysler, wall street