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Small Business Loans information and resources Read More »
General Electric Co. says it will open a manufacturing technology center in Michigan that will eventually employ more than 1,100 workers. Read More »
Lowest Mortgage Rates for any state in the country Read More »
What do you call it when, in a bear market, stocks have been falling so hard that investors can't stand the pain anymore? They've already lost, say, 80% of their money. But they sell, because the thought of losing 81% is just something they can't accept?Students of investor psychology call it “capitulation.” Traders call it “puking.” A month after doing it, investors usual Read More »
An economy driven by consumer spending needs its consumers to have jobs -- and access to credit. Now that April job losses came in far better than expected and the stress tests are behind us, the market is reacting as if the economy has stabilized.So is the worst behind us? Yes -- with a "but," experts say. Bad news is not the same thing as good news, even if it is "less bad" than expected. More Read More »
Bankers may never want to hear the words "stress test" again. After all, they've just gone through a torturous exam of their corporate finances, and 10 big banks have been told by regulators that they need to raise $75 billion in capital as a buffer against potential losses. But now that the tests are over, is it time to dip into the stocks?Banks certainly look a bit healthier than a few mont Read More »
President Barack Obama's plan to provide medical insurance for all Americans took a big step toward becoming reality Sunday after leaders of the health care industry offered $2 trillion in spending reductions over 10 years to help pay for the program. Read More »
Less than three weeks ahead of what's expected to be a heated proxy contest at Target's annual shareholders' meeting, activist shareholder William Ackman aims to strengthen his case to investors for a new slate of directors by personally introducing his roster at a town hall meeting here Monday. Read More »
A part-time construction job sturdied Orva Fry's financial foundation after he was laid off from an RV factory. It also kept the 41-year-old Amish father of two on steady spiritual ground. Read More »
London-based LCH.Clearnet Group Ltd., a key European trading securities clearing house, has received a takeover bid for as much as $1.2 billion from a consortium of banks, including J.P. Read More »
Refinancing a Home Loan is easy just follow this simple plan Read More »
In case you hadn’t noticed, Twitter is everywhere these days. The social-networking phenomenon has attracted endless amounts of publicity, with celebrities ranging from Oprah to Ashton Kutcher now beaming out the ultra-short updates known as tweets.But can Twitter help you invest? Increasingly, financial types from economists to actual traders are blasting out their thoughts on Twitter (alw Read More »
For years, financial advisers have given their clients authoritative, seemingly precise guidance to tell them exactly how much they need to save for retirement—and how much they can spend when they get there. Last year’s market crash has exposed some flawed assumptions behind those numbers.These complex formulas or “models” have dominated retirement-planning for a generati Read More »
Oil prices languished below $46 a barrel Tuesday in Asia after renewed doubts about the health of U.S. banks sent crude and stock markets tumbling. Read More »
Federal Reserve Vice Chairman Donald L. Kohn said steadier consumer spending and home sales, together with favorable earnings results from some banks, may indicate that the U.S. economy is poised to stage a gradual recovery later this year. Read More »
It’s not just the banking industry that’s reeling from Washington’s maneuvers: President Obama has proposed a major overhaul of the nation’s $2.4 trillion health care system. Whether or not that’s good news for our citizenry, we’ll leave for another time. But what’s in his plan for investors?So far, Wall Street has taken a dim view of Obamacare. Heal Read More »
Bank of America Corp. warned of worsening loan default problems Monday even as it posted a first-quarter profit of $2.81 billion. Investors concerned about the banking industry's health sent financial stocks and the overall market sharply lower. Read More »
Investors are having doubts about banks' recent profit reports and wondering whether the better-than-expected performance masks larger problems with bad debt. Read More »
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