.
  | Home > Business > Personal Finance .
  • Webmasters - Get FREE dynamic news headlines on your website!

    Get Personal Finance Headlines emailed to you daily.
    Email:
    Join
    Unsubscribe


    Personal Finance Headlines
    Recession rears ugly head, global auto sales shrink (Reuters)

    People arrive at the Reserve Bank of Australia building in central Sydney November 4, 2008. (Daniel Munoz/Reuters)Reuters - Corporate results and outlooks darkened on Monday, and automotive companies from Japan to Italy to Detroit said October sales were the weakest in about 20 years as economies weakened and consumer credit dried up.


    -- read full article
    Mon, 03 Nov 2008 22:52:36 GMT - Yahoo! News: Personal Finance News
    JPMorgan Chase Freezes Foreclosures (BusinessWeek Online)
    BusinessWeek Online - In what may the biggest sign yet that banks are getting serious about attacking the nationwide wave of home foreclosures, giant JPMorgan Chase announced on Oct. 31 that it is sharply ramping up its efforts to restructure the loans in its massive mortgage portfolio. For the next 90 days, JPMorgan will not place any new homes into foreclosure. -- read full article
    Mon, 03 Nov 2008 13:08:43 GMT - Yahoo! News: Personal Finance News
    Spain: government announces mortgage aid (AP)
    AP - Spain's government, grappling with soaring unemployment and an economy buffeted by the global credit crunch, announced a plan Monday to help families make mortgage payments and reward businesses that hire. -- read full article
    Mon, 03 Nov 2008 13:59:07 GMT - Yahoo! News: Personal Finance News
    Recession rears ugly head, global auto sales shrink (Reuters)

    A customer leaves a branch of Halifax Bank of Scotland (HBOS) in the City of London October 13, 2008. (Luke MacGregor/Reuters)Reuters - Corporate results and outlooks worsened on Monday, and automotive companies from Japan to Italy to Detroit said October sales were the weakest in about 20 years as economies continued to weaken and consumer credit, and available cash, dried up.


    -- read full article
    Mon, 03 Nov 2008 19:39:45 GMT - Yahoo! News: Personal Finance News
    Britain in talks with financier over possible rival bid for HBOS (AFP)

    A view of the British bank Halifax Bank of Scotland (HBOS) headquarters in Edinburgh in Scotland. British ministers will hold talks with a leading Scottish businessman over a possible rival bid for mortgage lender HBOS, which has been hit hard by the subprime crisis, the government confirmed Saturday.(AFP/File/Ed Jones)AFP - Britain confirmed Saturday it is in talks with a Scottish businessman over a possible rival bid for HBOS, the British banking group hit hard by the subprime crisis.


    -- read full article
    Sat, 01 Nov 2008 21:37:59 GMT - Yahoo! News: Personal Finance News
    British ministers in talks with financier over possible rival bid for HBOS (AFP)

    A view of the British bank Halifax Bank of Scotland (HBOS) headquarters in Edinburgh in Scotland. British ministers will hold talks with a leading Scottish businessman over a possible rival bid for mortgage lender HBOS, which has been hit hard by the subprime crisis, the government confirmed Saturday.(AFP/File/Ed Jones)AFP - British ministers will hold talks with a leading Scottish businessman over a possible rival bid for mortgage lender HBOS, which has been hit hard by the subprime crisis, the government confirmed Saturday.


    -- read full article
    Sat, 01 Nov 2008 16:16:28 GMT - Yahoo! News: Personal Finance News
    Bernanke says GSE debt backing must be maintained (Reuters)

    Federal Reserve Chairman Bernanke pauses during remarks at the 2008 National Historically Black Colleges and Universities Week Conference in Washington, in this September 9, 2008 file photo. (Jason Reed/Files/Reuters)Reuters - Federal Reserve Chairman Ben Bernanke said on Friday that U.S. backing for the debt issued by home mortgage finance firms Fannie Mae and Freddie Mac in their current form must stand firm, even though it is appropriate to debate their future.


    -- read full article
    Fri, 31 Oct 2008 21:03:57 GMT - Yahoo! News: Personal Finance News
    JPMorgan expanding mortgage-modification program (AP)
    AP - JPMorgan Chase & Co. on Friday became the latest major bank to beef up its mortgage modification efforts as the government also considers a plan to help homeowners avoid foreclosure. -- read full article
    Fri, 31 Oct 2008 21:57:51 GMT - Yahoo! News: Personal Finance News
    Nevada, Michigan, Florida lead 'underwater' list (AP)
    AP - Here's a shocker: almost half of Nevada homeowners with a mortgage owe more to the bank than their homes are worth. -- read full article
    Fri, 31 Oct 2008 11:50:57 GMT - Yahoo! News: Personal Finance News
    Bernanke says backing of GSE debt must be maintained (Reuters)

    US Federal Reserve Board Chairman Ben Bernanke in Washington, DC. An interest rate cut by the US Federal Reserve and its announcement of multi-billion-dollar currency swaps has sent Asian stocks soaring as signs emerged of a thaw in world credit markets.(AFP/Getty Images/File/Win Mcnamee)Reuters - Federal Reserve Chairman Ben Bernanke said on Friday it is appropriate to debate the future of mortgage finance firms Fannie Mae and Freddie Mac , but U.S. backing for debt they issue in their current form must stay firm.


    -- read full article
    Fri, 31 Oct 2008 18:21:02 GMT - Yahoo! News: Personal Finance News
    Insight: The masters lost our trust (FT.com)
    FT.com - Sherman McCoy, the fictional 1980s "Master of the Universe" Wall Street bond trader, had his sights set on a deal which could earn him $1.7m in commission payments, money he needs to pay off the mortgage on a lavish Park Avenue apartment. -- read full article
    Thu, 30 Oct 2008 17:45:23 GMT - Yahoo! News: Personal Finance News
    Banks asking for credit card debt forgiveness (AP)

    Chart shows total consumer credit outstanding and delinquency rates at all banks since 1991; two sizes;AP - With defaults on credit card debt spiraling amid a global financial downturn, banks already reeling from the mortgage crisis are losing billions more from unpaid credit card bills.


    -- read full article
    Thu, 30 Oct 2008 21:31:09 GMT - Yahoo! News: Personal Finance News
    GMAC may become bank, eyes massive debt overhaul (Reuters)
    Reuters - GMAC LLC, the money-losing auto finance and mortgage provider, on Thursday confirmed it was seeking to become a bank holding company, and said it plans to overhaul and slash its debt load, barely four months after completing a $60 billion refinancing package. -- read full article
    Fri, 31 Oct 2008 02:28:20 GMT - Yahoo! News: Personal Finance News
    Nevada, Michigan, Florida lead 'underwater' list (AP)

    Maria Martinez stands in front of her home Wednesday, Oct. 22, 2008, in Stockton, Calif.  John McCain and Barack Obama both say they want to lend a hand to homeowners struggling to pay their mortgages, and not just assist teetering Wall Street banks. To do so, they face the daunting task of trying to figure out a way to help people like Martinez of Stockton, Calif, who is three months behind on her mortgage even after receiving a loan modification earlier this year. (AP Photo/Ben Margot)AP - Here's a shocker: almost half of Nevada homeowners with a mortgage owe more to the bank than their homes are worth.


    -- read full article
    Fri, 31 Oct 2008 06:24:45 GMT - Yahoo! News: Personal Finance News
    Life Insurance Trusts and You (The Motley Fool)
    The Motley Fool - Trusts are impressively flexible, offering many ways for people to use them. Revocable trusts can encompass many people's entire estate-planning needs in a single document. On the other hand, professionals have tailored some types of trusts to fit very specific situations and types of assets. The life insurance trust, primarily designed to hold life insurance policies, is a prime example. -- read full article
    Wed, 29 Oct 2008 19:08:13 GMT - Yahoo! News: Personal Finance News
    More Personal Finance Headlines Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 Next

    Question? Comments? comments@sourgrapes.org | Hosting by Wallanet