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Todays News Digest (6 )

Ref: FOX Business Network Signs CNN’s Gerri Willis – MarketWatch (press release) reports: FOX Business Network Signs CNN's Gerri WillisMarketWatch (press release)The program will focus on consumer andpersonal financeissues and will make its debut in the second quarter of this year. Willis added, “I am thrilled to… and more » Ref: Fed renews vow to keep rates low reports: WASHINGTON (Reuters) – The Federal Reserve renewed its pledge on Tuesday to keep interest rates near zero for an “extended period” even as it sounded more upbeat about jobs. Ref: EU urges faster cut of UK deficit reports: Government plans to cut the UK’s budget deficit are not ambitious enough, a European Commission report will warn this week.Ref: Bad weather depresses housing starts in February (Reuters) reports: Reuters – U.S. housing starts fell last month as winter storms disrupted construction, and another drop in building permits suggested the weakness would linger. Technorati [...]

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Todays News Digest (5 )

Ref: FOX Business Network Signs CNN’s Gerri Willis – MarketWatch (press release) reports: FOX Business Network Signs CNN's Gerri WillisMarketWatch (press release)The program will focus on consumer andpersonal financeissues and will make its debut in the second quarter of this year. Willis added, “I am thrilled to… and more » Ref: Wall St. lower on China, jitters over bank bill reports: NEW YORK (Reuters) – Stocks fell on Monday as investors worried the Chinese government may tighten credit, potentially slowing the global economy, and waited for a revised financial regulation bill in the Senate. Ref: BA hopes to fly 60% during strike reports: British Airways has announced contingency plans to fly 60% of its customers during the first planned strike by cabin crew.Ref: 21 Ways to Cut Expenses in Retirement (U.S. News & World Report) reports: U.S. News & World Report – Few Americans are saving enough to finance a retirement [...]

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Todays News Digest (4 )

Ref: Written by Kendrick Chua / Personal Finance – Business Mirror reports: Written by Kendrick Chua /Personal FinanceBusiness MirrorHe is a regular contributor to Income-Tacts (income-tacts.com), the country's premier online community onpersonal finance. A marketing-management graduate… Ref: Data, Fed to test if rally has legs reports: NEW YORK (Reuters) – Investors will try to tack another leg on to the year-long U.S. stock rally, looking to next week’s economic data and statement from the central bank for evidence the recovery is still on track. Ref: BA strike is unjustified – Adonis reports: Transport Secretary Lord Adonis attacks the planned strike by British Airways cabin crew staff, calling it “totally unjustified”.Ref: Middle-class NYC apartment complex sold at auction (AP) reports: AP – The developer of a high profile middle-class Harlem apartment complex has lost ownership of the property after defaulting on the mortgage. Related Blogs Whither Adonis? | Blogminster Beaumont—The Adonis [...]

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Todays News Digest (3 )

Ref: Pletschet: Debunking myths about retirement investing – San Jose Mercury News reports: Pletschet: Debunking myths about retirement investingSan Jose Mercury NewsSuch a survey also doesn't cover otherpersonal financeholdings, such as IRA or regular brokerage accounts. Myth No. 6: The average person is not saving or… and more » Ref: Wall Street ends flat after mixed data reports: NEW YORK (Reuters) – Mixed consumer and retail data kept stocks near break even on Friday, but major indexes edged higher for a second straight week. Ref: Royal Mail quality tests ‘rigged’ reports: The postal watchdog is considering taking action against Royal Mail after finding that delivery quality tests were rigged.Ref: Middle-class NYC apartment complex sold at auction (AP) reports: AP – The developer of a high profile middle-class Harlem apartment complex has lost ownership of the property after defaulting on the mortgage. Technorati Tags: finance news

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Todays News Digest (2 )

Ref: S&P 500 hits 17-month high as banks lift Wall St reports: NEW YORK (Reuters) – The S&P 500 hit a 17-month closing high as rising bank shares led a late rally that lifted stocks on Thursday, more than offsetting worries China may move to cool its overheating economy. Ref: ‘Slow start’ for 2010 home sales reports: The number of homes sold in England and Wales at the start of 2010 was at a low level, a survey says.Ref: Summary Box: Citi CEO sees return to profitability (AP) reports: AP – BULLISH OUTLOOK: Citigroup Inc. says its returning to “sustained profitability” after losing billions on bad loans and taking a federal bailout. CEO Vikram Pandit says the bank is shedding risky mortgage assets and shifting focus to emerging markets like Latin America and Asia. Technorati Tags: finance news

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