Archive for January, 2008

23 Jan

Stocks Recover After Fed Rate Cut

Wednesday January 23, 6:49 pm ET
By Madlen Read, AP Business Writer

Wall Street Whiplash: Stocks Plunge, Then Post Big Gains on Day After Fed Rate Cut
NEW YORK (AP)– It started with another stomach-turning drop at the open, and a loss of more than 300 points by midday. Then stocks changed course, raced higher and closed […]

22 Jan

HOW TO SETTLE YOUR CREDIT CARD DEBT

Eliminate Your Credit Card Debt Now and Forever!

Many people will tell u to pay down your credit card debt each month to avoid the nasty interest rate charges and fees that result from revolving balances. But if you’re like many of us, you need to carry a monthly credit card balance to pay […]

22 Jan

Asian Markets Tumble on US Worries

Tuesday January 22, 4:08 am ET
By Yuri Kageyama, AP Business Writer

TOKYO (AP) — Global stock markets extended their shakeout into a second day Tuesday, plunging amid fears that a possible U.S. recession will cause a worldwide economic slowdown.
The dramatic declines in Asia and Europe were expected to spread to Wall Street, where stock index […]

21 Jan

Asia Markets Sink Amid Pessimism Over US

Monday January 21, 1:28 am ET
By Carl Freire, Associated Press Writer

Asian Markets Sink Amid Pessimism Over US Stimulus Plan; Japan’s Nikkei Tumbles 3.4 Percent
TOKYO (AP) — Asian shares fell broadly Monday morning following declines on Wall Street last week amid investor pessimism over the U.S. government’s plan to prevent a recession.
A contraction in […]

18 Jan

Stocks Extend Plunge; Dow Falls 306

Thursday January 17, 6:14 pm ET
By Tim Paradis, AP Business Writer

Stocks Extend Plunge As Manufacturing Index Falls; Bond Insurers Fall Amid Fears of Losses
NEW YORK (AP) – Wall Street extended its 2008 plunge Thursday, sending the Dow Jones industrials down 306 points and to their lowest level since last March after a regional Federal […]

16 Jan

HOW TO GET OUT OF DEBT?

DAVID BACH - The book author of ‘The Automatic Millionaire’

I receive a lot of great questions, not only through this column but through my free monthly coaching call.
January is the most popular time for setting new financial goals, transitioning careers, and making other major life decisions. As a result, I had some really great […]

14 Jan

MORE VALUE From Your Bank This Year and PAY LESS

BEST BANKING MOVES TO MAKE IN 2008
Author: Dana Dratch

How to make the most, and pay the least in 2008
1. Re-evaluate your needs and shop around
2. Investigate all your alternatives
3. Be suspicious of free checking offers
4. Monitor your accounts regularly
5. Don’t get comfortable with fees
6. Keep up with the rules
7. Be smart with debit cards
8. Opt […]

14 Jan

Here come the hot IPOs of ‘08

Just because a recession may be near doesn’t mean businesses don’t need to cut costs and innovate, and a bevy of would-be public tech firms are lining up to help out.
By Michael Copeland, senior writer
SAN FRANCISCO (Fortune) — Just because the U.S. economy might be looking at a recession, doesn’t mean a few […]

11 Jan

Stocks Rise on Potential Countrywide Buy

Thursday January 10, 5:39 pm ET
By Madlen Read, AP Business Writer

Stocks Rise on Report That Bank of America Is in Advanced Talks to Buy Countrywide
NEW YORK (AP) — A volatile Wall Street advanced Thursday for the second day in a row, as investors found renewed confidence in a report that Bank of America Corp. is […]

08 Jan

Malaysian fuel reform to hit economy, anger voters

By Liau Y-Sing

KUALA LUMPUR, Jan 7 (Reuters) - Malaysia is likely to push through cuts in fuel subsidies this year as high crude prices burn a hole in its budget, but that risks depressing consumer spending and alienating voters in what may be an election year.
Malaysians have propped up the economy with their spending as […]