Stocks dive on belief global recession is at hand
October 24, 2008
Wall Street joined world stock markets in a selloff Friday, with the Dow Jones industrials dropping 400 points and all the major indexes falling more than 3 percent.
http://www.topix.com/personal-finance/2008…
PNC Financial buying National City for $5.58B
October 24, 2008
PNC Financial Services Group Inc. said Friday it is acquiring National City Corp.
http://www.topix.com/personal-finance/2008…
September existing home sales up 5.5 percent
October 24, 2008
Sales of existing homes rose by the largest amount in more than five years in September, a real estate trade group said Friday.
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Georgia Pensions Plummet
October 24, 2008
The value of Georgia’s two major pension programs has fallen more than $11 billion as stocks have plummeted over the past three and a half months.
http://www.topix.com/personal-finance/2008…
Pensions ’set for boost’
October 24, 2008
Around half a million people who have not paid enough National Insurance will be entitled to a full state pension if they top it up with one-off payments, it was reported.
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Critics: Candidates ignore Social Security crisis
October 23, 2008
Experts call it the “forgotten issue,” or even the “ignored issue” — Social Security.
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Chertoff to pursue changes in hiring rules
October 23, 2008
Homeland Security Secretary Michael Chertoff said Thursday he’ll try again to overcome a judge’s objections to a proposal to force employers to get rid of workers whose Social Security numbers don’t match their names.
The proposal has been stymied for months by a U.S. district judge in California who blocked the rule after several groups sued. Chertoff said his agency has addressed the judge’s concerns with some additions to the proposal, including providing an analysis of the economic costs of the rule.
http://www.topix.com/personal-finance/2008…
Ottawa to backstop interbank lending
October 23, 2008
Jim Flaherty, the Finance Minister, unveiled Thursday a temporary backstop on interbank lending to help Canadian banks secure access to financing in the face of a global credit malaise.
http://www.topix.com/personal-finance/2008…
US official cites progress in easing bank crisis
October 23, 2008
The head of the government’s $700 billion financial rescue program told Congress Thursday that the Bush administration has made “tremendous progress” in pushing to get it implemented.
http://www.topix.com/personal-finance/2008…
US foreclosure filings up 71 percent in 3Q
October 23, 2008
The number of homeowners ensnared in the foreclosure crisis grew by more than 70 percent in the third quarter of this year compared with the same period in 2007, according to data released Thursday.
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Recent Posts
- Stocks dive on belief global recession is at hand
- PNC Financial buying National City for $5.58B
- Best Rated Credit Card Debt Management Programs
- September existing home sales up 5.5 percent
- Georgia Pensions Plummet
- Credit card debt certain to build stress
- Pensions ’set for boost’
- Critics: Candidates ignore Social Security crisis
- Area foreclosure rates decrease
- Chertoff to pursue changes in hiring rules
