Monday, June 29, 2009

Your Money: Investing in Bonds

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.

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

Money Minute: Fed on Hold

The Fed says interest rates should remain low for some time.

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.