Friday, January 30, 2009

Money Minute: Exxon-Mobil, Fannie Mae, Obama

Exxon Mobil has reported a $45.2 billion profit for 2008. A record for a U.S. Company.

Wednesday, January 28, 2009

Money Minute: GM, TARP, Layoffs

General Motors is ending its controversial "jobs bank" program.

Fed Pledges to Use All Tools to Help Economy

The Federal Reserve, acknowledging the economy has continued to deteriorate, signaled Wednesday that it will keep using unconventional tools to cushion the fallout, including keeping a key interest rate at a record low for quite "some time."

Fed Moves to Help Distressed Homeowners

With foreclosures spiking, the Federal Reserve is taking steps to try to keep some distressed borrowers in their homes.

Tuesday, January 27, 2009

Netflix Sees Continued Growth During Recession

Netflix's DVD rental and Internet streaming service is becoming increasingly appealing to recession-weary consumers and making some analysts more upbeat about the company's prospects.

Your Money: 401(k) Withdrawls

AP Personal Finance Editor Trevor Delaney answers a question regarding the new rules surrounding minimum distribution rules for retirees.

Money Minute: Home Prices, NY Fed, Thain

Home prices tumbled by 18.2 percent in November, the sharpest annual rate on record.