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Personal Finance News

News on Personal Finance continually updated from thousands of sources around the net.

4 hrs ago | Sunherald.com

Fed suggests it's closer to slowing bond purchases

The Fed's purchases of Treasury and mortgage bonds have helped keep long-term interest rates at record lows.

Comment?

Related Topix: Ben Bernanke, Financial Markets, Home, Mortgage, Housing

6 hrs ago | Silicon Alley Insider

Live: Ben Bernanke VS. the Market

Fed Chairman Ben Bernanke has started his press conference and Q&A with reporters, and it's sure to be a doozy.

Comment?

Related Topix: Ben Bernanke, Home, Mortgage

8 hrs ago | Seattle Times

Banks fall short in helping struggling homeowners

A new report says homeowners trying to avoid foreclosure must wait too long for their loan modification applications to be reviewed by some of the nation's top mortgage servicers.

Comment?

Related Topix: Foreclosures, Mortgage, Home

8 hrs ago | KMIZ

Stocks slide after Fed hints at stimulus slowdown

Federal Reserve chairman Ben Bernanke is trying to carefully explain how the central bank will figure out when it's the right time to pull back on its monthly bond purchases, but investors aren't having any of it.

Comment?

Related Topix: Financial Markets, Ben Bernanke, Home, Mortgage

8 hrs ago | WKXW-FM Trenton

Banks Fall Short in Helping Struggling Homeowners

Homeowners trying to avoid foreclosure must wait too long for their loan modification applications to be reviewed by some of the nation's top mortgage servicers, a report said Wednesday.

Comment?

Related Topix: Foreclosures, Mortgage, Home

9 hrs ago | 4029TV.com

No tapering: Federal Reserve to continue stimulus

The Federal Reserve gave no indication in its written statement Wednesday that it plans to soon scale back its purchases of bonds and other assets, as it continues its efforts to boost the U.S. economy.

Comment?

Related Topix: Financial Markets, Home, Mortgage, Ben Bernanke

12 hrs ago | Redlands Daily Facts

Benefit payment change hurts poor

A government initiative aimed at saving money by eliminating paper checks is hurting some recipients of federal benefits while earning the bank that operates the program millions in fees charged to consumers.

Comment?

Related Topix: Social Security, US Bancorp, Banking, Financial Services

16 hrs ago | WHP-TV Harrisburg

Pa. senators eye 401K-style public pension plan

Gov. Tom Corbett's plan to slash $12 billion from future public employee pension benefits appears dead in the Republican-controlled state Senate.

Comment?

Related Topix: Pension, US Governors, Tom Corbett

20 hrs ago | goldandsilverblog.com | mortgagenews

Will Gold and Silver Recover Their Losses By Year End?

Since the beginning of the year, the price of gold has dropped by $303 per ounce or 18%, to a closing price of $1,378.50 at the close of Tuesday's trading in London. Silver's price decline has been even steeper than gold with a drop of $9.07 per ounce or 29.4% since the beginning of the year.

Comment?

Tue Jun 18, 2013

Post and Courier

What you need to know about todaya s Fed announcement

Chairman Ben Bernanke will be pressed to settle the wave of confusion and speculation that's consumed investors since he spoke to Congress last month about the Fed's drive to keep long-term interest rates at record lows.

Comment?

Related Topix: Ben Bernanke, Financial Markets, Home, Mortgage

The Hartford Courant

Exclusive: Facebook reaches 1 million active advertisers

Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth.

Comment?

Related Topix: Startups, Facebook, Social Software, Small Business, eMarketer, Ansonia, CT

KEPR CBS 19

U.S. home construction rises 6.8 percent in May

U.S. builders stepped up home construction in May and applied for permits to build single-family homes at the fastest pace in five years.

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Related Topix: Home Building, Home, Mortgage

WPTZ-TV Plattsburgh

Home building continues to rise

The number housing starts rose 7 percent to an annual pace of 914,000 homes, according to a government report out Tuesday.

Comment?

Related Topix: Foreclosures, Housing, Home, Mortgage

Reuters

UK charges ex-UBS trader Hayes in Libor investigation

Hayes, 33, was arrested by police and the Serious Fraud Office last December as part of an inquiry stretching from the U.S. to Japan.

Comment?

Related Topix: Mortgage, Home

KATU-TV Portland

Oregon Senate votes down schools budget

The Oregon Senate has voted down a $6.55 billion budget for primary and secondary schools after one Democrat and all 14 Republicans said it didn't provide enough money.

Comment?

Related Topix: Oregon, US News, Education Etc., Pension

Mon Jun 17, 2013

CTV

TSX up, traders look for clues on whether stimulus to be tapered

The Toronto stock market closed higher Monday as traders bought into stocks beaten down in a string of recent declines while hoping for more clarity from the U.S. Federal Reserve on whether it might start to ease up on stimulus measures.

Comment?

Related Topix: Financial Markets, Ben Bernanke, Home, Mortgage

Tri-cityherald.com

Pressure on Fed to provide clarity in uncertain environment

The economy is showing enough improvement to justify dialing back some of the Fed's life support, yet financial markets are terrified of what might happen and are taking it out on the housing sector.

Comment?

Related Topix: Ben Bernanke, Home, Mortgage, Financial Markets

The Montreal Gazette

2013 home sales off to better start than expected: CREA

The number of Canadian homes sold so far this year is slightly higher than projected and it looks as if 2014 will show a rebound, according to a new forecast by the Canadian real estate industry's main association.

Comment?

Related Topix: Housing, Real Estate, Home, Mortgage

WPTZ-TV Plattsburgh

Professors teach into their golden years

While most people dream of the day they can retire, many college professors plan to put it off or work until their final years.

Comment?

Related Topix: Social Security

KIII

For young immigrants, a delayed coming of age

As a child, Jorge Tume used to sit and do homework as his parents cleaned the desks and floors of a concrete company in Miami.

1 comment

Related Topix: Immigration Reform, us Travel, Travel, 2012 Presidential Election, US Politics, US News, Barack Obama, Florida International University, Social Security