Hate budgeting? Try these spending strategies
08.06.09
Constant news of layoffs, pay cuts, and stock declines has all of us tightening our belts: A recent Money poll found that in light of the financial crisis, 89% of us are changing the way we manage our finances, and 88% plan to be more frugal.
Recovery reality check: Not so fast...
08.06.09
The May jobs report, which showed the lowest level of cuts since September, sent stocks slightly higher Friday on more hopes that the economy may soon be on the upswing.
Gas prices above $2.60
08.06.09
Gas prices continue to surge nationwide, and are now up more than 27% in the past seven and a half weeks.
Citi's Vikram Pandit on the hot seat
08.06.09
It's starting to look like the spring awakening in bank stocks may not be enough to save the CEOs of America's biggest troubled banks, Citigroup's Vikram Pandit and Bank of America's Ken Lewis.
Luxury vacations for less
08.06.09
There's a name for what ails you, and it's called "luxury guilt." Even if you can afford to travel, you reason, isn't it wrong to indulge when times are so tough? Well, if you haven't been swayed by the open-your-wallet, shorten-the-recession argument, how about this one: You may be missing a rare chance to visit some of the finest hotels on the planet at prices you aren't likely to see over the next decade. The deals now are better than in the aftermath of the Asian economic crisis, 9/11, or SARS, says Jan Freitag, vice president of Smith Travel Research, making travel to just about any place in the world from 30% to 50% more affordable than last year. One note: If you don't find these rates on the hotel website, call to book.
Regional bank in Illinois fails
08.06.09
Bank of Lincolnwood was shuttered by Illinois regulators Friday, bringing the number of failed banks this year to 37 and costing the Federal Federal Deposit Insurance Corp.'s deposit insurance fund $83 million.
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Chrysler-Fiat to head to Supreme Court
08.06.09
An appeals court Friday upheld Chrysler LLC's plan to exit bankruptcy.