Pros and Cons of Home Improvement Credit Cards

by admin on January 7, 2010

By Eva Norlyk Smith, Ph.D.

People looking to start a home improvement project often wonder which are the best sources of financing. Many people turn to banks for a loan, however, most banks require you to have equity built up in your house in order to approve you for a loan. Plus, if your home improvement project is fairly small, the hassle of applying for a bank loan and the high… Continue reading

3-D TV coming soon to your living room

by admin on January 6, 2010

Brace yourself! 3-D entertainment is coming to a television set near you.

What’s Holding Back the Recovery? (On the Street)

by admin on January 6, 2010

Economists predict slow growth through 2020. What's behind the projections.

3 Stocks With Surging Profit Forecasts (Screens)

by admin on January 6, 2010

Earnings estimates are rising quickly for these firms, a promising sign.

Stocks struggle after rally

by admin on January 6, 2010

Stocks ended a choppy session little changed Tuesday as investors weighed a seesawing dollar, a slew of auto sales and reports on pending home sale and factory orders.

MBA Sees Distress in Q3 Commercial Real Estate Data

by admin on January 5, 2010

Posted To: MND NewsWire

The Mortgage Bankers Associates (MBA) notes that, while some economists may have declared that the recession technically ended with the third quarter, its effects are still plaguing the real estate industry. The Association's Quarterly Databook for the period ended September 30 shows that the commercial real estate market has yet to show many signs of recovery from the downturn. The report states that vacancy rates rose… Continue reading

MBA Sees Distress in Q3 Commercial Real Estate Data

by admin on January 5, 2010

Posted To: MND NewsWire

The Mortgage Bankers Associates (MBA) notes that, while some economists may have declared that the recession technically ended with the third quarter, its effects are still plaguing the real estate industry. The Association's Quarterly Databook for the period ended September 30 shows that the commercial real estate market has yet to show many signs of recovery from the downturn. The report states that vacancy rates rose… Continue reading

U.S. Pending Home Sales Drop, Yen Strength Dominates

by admin on January 5, 2010

Dollar bears are in control today as weaker housing market data confirms Fed President Duke's warning that the headwinds in the housing market are relatively strong. Pending home sales dropped 16 percent in November, the sharpest decline since the National Association of Realtors starting tracking the data in 2001.

Private Equity Groups Investing in Mortgage Operations

by admin on January 4, 2010

Posted To: Community Commentary

Many of us start the new year with an array of New Year Resolutions – losing weight, exercising more, finishing a project at home, etc –, but most of us just fall into our same old habits. At the end of the year we are still out of shape and have yet to complete the kitchen remodel. It’s easy to sit on our arm chair and… Continue reading

Private Equity Groups Investing in Mortgage Operations

by admin on January 4, 2010

Posted To: Community Commentary

Many of us start the new year with an array of New Year Resolutions – losing weight, exercising more, finishing a project at home, etc –, but most of us just fall into our same old habits. At the end of the year we are still out of shape and have yet to complete the kitchen remodel. It’s easy to sit on our arm chair and… Continue reading

Forex: Risk Appetite Reinforced by Manufacturing ISM

by admin on January 4, 2010

Currencies and stocks are starting the New Year with a bang. On the heels of solid manufacturing data from China and an optimistic outlook for the New Decade, higher yielding currencies appreciated throughout the European trading and into the U.S. trading session.

The Curious Case of Courtney Love’s Credit Cards

by admin on January 4, 2010

By Eva Norlyk Smith, Ph.D.

True or false: Did rock singer Courtney Love take out 104 American Express cards, charge $352,059.67 to them, and then refuse to pay off the charges?

In a real-life mystery that would have even Robert Downing Jr.’s indomitable Sherlock Holmes scratching his head, American Express is suing rock singer Courtney Love for $352K in charges to credit cards issued in her name. Love, in turn, is countersuing… Continue reading

Cheap Netbooks: Bad for Business? (Consumer Action)

by admin on January 4, 2010

Good news for shoppers is troubling for tech companies.

Stocks set for initial ‘10 gain

by admin on January 4, 2010

Stocks were poised to start the new year with gains Monday as investors await two economic reports and consider weekend comments by Federal Reserve Chairman Ben Bernanke.

Fixing U.S. debt: What won’t work

by admin on January 4, 2010

Only in the world of federal debt do tens of billions of dollars amount to little more than rounding errors.