Archive for the ‘Consumer Debt News’ Category

FUNDWATCH: BlackRock Investment Strategist Sees Mixed Fortunes In 2009 (Nasdaq)

NEW YORK (Dow Jones) — Beleaguered stock investors looking for hope should be cheered by one prominent market strategist’s view of the year ahead.

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Metals Stocks: Gold rises first day in three as dollar weakens

Gold futures end higher Tuesday for the first day in three, reaching $866 an ounce, as the U.S. dollar declines against a basket of other major currencies

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FundWatch: BlackRock investment strategist sees mixed fortunes in 2009

Beleaguered stock investors looking for hope should be cheered by one prominent market strategist’s view of the year ahead.

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Airline Stocks: Oil climbs, but Continental shares pace airline gainers

A strong market opening helps steady airline stocks, with Continental posting December revenue growth despite a decline in demand.

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Tech Stocks: Semiconductor stocks lead sector rally

Most technology stocks post gains as the broader market advances on a rally in energy shares.

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Bond Report: Treasurys little changed after auction, Fed minutes

Treasury prices declined Tuesday, sending 10-year note yields to the highest levels in a month, paring losses after the government’s first note auction of the week.

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The Fed: FOMC saw specter of depression, deflation

Members of the Federal Open Market Committee at their mid-December meeting saw increasing risks of depression and deflation as they grappled with employing new tools to stabilize an economy that was rapidly weakening, according to truncated minutes of the meeting.

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Apple makes final appearance at Macworld

Apple Inc. begins its swan song at the Macworld Expo with the absence of Chief Executive Steve Jobs hanging over the proceedings, as the company unveils changes in pricing and copy protections for songs available through its iTunes store

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AIG woes, investment losses push reinsurance prices higher

The near-collapse of American International Group and investment losses from the global financial crisis have pushed reinsurance prices higher, which may bode well for profits at other, financially stronger companies in the industry.

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How Do I Get the Credit Card Company to Lower My Payment to What I Want? - Sally

Sally wrote to me through the GetOutOfDebt.org site and asked the following question.

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Opinion: Is It Twilight in America? (TheStreet.com)

U.S. political leaders must confront the ugly reality that the most fundamental economic problem America faces is face is a severe lack of private savings.

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Market Snapshot: U.S. stocks lose steam as rally in crude-oil futures fades

U.S. stocks pare an early rise as a rally in energy shares loses steam as crude-oil futures dip to under $49 a barrel and as investors digest new data that largely confirm a bleak view of the nation’s economy.

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MarketWatch First Take: CBS gets a boost from Time Warner

Ah, isn’t it wonderful how the spirit of giving is extending past the holiday season in the media world. CBS and Time Warner Cable have gotten cozy with a new transmission agreement

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Canadian Markets: Canadian stocks gain, led by metals and mining

Canadian stocks gain, as crude prices surpass $50 a barrel for the first time in five weeks, aiding shares of energy-related companies.

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Financial Stocks: Morgan Stanley, American Capital among big gainers in financials

BOSTON (MarketWatch) — Shares of Morgan Stanley continued their strong start to the year as U.S. financial stocks reversed the previous session’s losses and moved to the upside in morning trade Tuesday.

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