30 2008

Chuck Jaffe: How to get rich quick: Save more, spend less and work off debt

Tag: Markets, General @ 8:31 pm

BOSTON (MarketWatch) — While Congress has been wrestling with the idea of whether to step into the fray to attempt a rescue, bailout or prop-up of the nation’s financial system, individual investors have been grappling with a personal question:


30 2008

Bad credit-card debt could be next shot to rip through economy

Tag: Markets, General @ 8:31 pm

Credit-card debt is on the brink of imploding and will be the next storm to hit the fragile finance industry, an investment research firm predicted this week.


30 2008

Paul B. Farrell: McCainonomics: The shocking evolution of disaster capitalism

Tag: Markets, General @ 8:31 pm

John McCain’s a street fighter and may well end up the 44th president of the United States. What’s his secret strategy? What’s the new McCainonomics going to look like if he takes office?


30 2008

Yahoo’s Japanese holding posts profit gain

Tag: Markets, General @ 5:29 pm

Yahoo Japan, a key holding of troubled U.S. Internet company Yahoo Inc., posted profit and sales gains late Tuesday for its fiscal year ended in March.


30 2008

Mutual Understanding: Behind-the-scenes money-fund rescues more common than you know

Tag: Markets, General @ 5:29 pm

NEW YORK (MarketWatch) — When money market fund provider The Reserve announced on Sept. 16 that its flagship Primary Fund had “broken the buck” and was worth less than $1 a share, the shock was so great that within days investors had pulled more than $120 billion from money funds.


30 2008

Fragile credit markets under stress

Tag: ASX @ 5:28 pm

THE short-term credit markets remain fragile, with borrowers forced to pay much higher rates to raise cash even for just one day.


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