http://www.moneysenses.com We extend your Money Senses Mon, 14 Apr 2008 03:04:35 +0000 http://backend.userland.com/rss092 en By Luo Jun, Zhao Yidi and Klaus Wille April 14 (Bloomberg) -- China's central bank chief, who raised interest rates six times last year, said there's still room for the country's lending and deposit rates to increase to help cap the fastest inflation in more than a decade. ``The anti-inflation policy ... http://www.moneysenses.com/2008/04/13/china-has-scope-to-raise-interest-rates-zhou-says/ by Charles Wheelan, Ph.D. Housing prices dropped by over 11 percent at the beginning of this year, the largest drop in the 20 years that such data have been collected. Thank goodness. Restoring Financial Sanity Why are plummeting real estate prices good news? Because it's the first sign that sanity is returning to ... http://www.moneysenses.com/2008/04/10/a-new-real-estate-reality/ Wednesday April 2, 6:10 pm ET By Joe Bel Bruno, AP Business Writer Stocks Decline As Oil Price Spike Causes Worries About Consumer Spending, Economy NEW YORK (AP) -- Wall Street turned lower Wednesday as investors worried that a sharp jump in oil prices could be another sign that consumers are ... http://www.moneysenses.com/2008/04/02/wall-street-pulls-back-as-oil-spikes/ Wednesday February 20 By Gerri Willis, CNN Mortgage payments sucking you dry?Boomers short on retirement savings may have another option: reverse mortgages. Can these complicated products fill the gap? Reverse mortgages are exactly that. Instead of paying the bank, the bank pays you. It's a type of loan where your ... http://www.moneysenses.com/2008/02/20/consider-a-reverse-mortgage-%ef%bc%9f/ Market despatches 2/11/08 6:45PM ET AIG shares slump after it says losses from mortgage-related securities are bigger than thought. Microsoft signals it won't take 'NO' for an answer after Yahoo rejects its $44.6 billion offer. The Dow will get a makeover next week. Apple leads techs higher. Crude oil jumps. The ... http://www.moneysenses.com/2008/02/11/investment-news-except-for-aig-dow-has-a-good-day/ 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 ... http://www.moneysenses.com/2008/01/23/stocks-recover-after-fed-rate-cut/ 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 ... http://www.moneysenses.com/2008/01/22/how-to-settle-your-credit-card-debt/ 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 ... http://www.moneysenses.com/2008/01/22/asian-markets-tumble-on-us-worries/ 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 ... http://www.moneysenses.com/2008/01/21/asia-markets-sink-amid-pessimism-over-us/ 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 ... http://www.moneysenses.com/2008/01/18/stocks-extend-plunge-dow-falls-306/