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Personal Finance: Foreign offerings will allow investments in currencies »
By Gail MarksJarvis Chicago Tribune It seems simple enough: If investors are souring on the dollar and gravitating to other currencies, why not follow along? But deciding to move money beyond the greenback is easier than figuring out where to go. Investors can buy foreign bonds, FDIC-insured certificates of deposit denominated in a currency such [...]
Audi debuts turbo-diesel Q7 in U.S. »
By Al Haas For The Inquirer A diesel engine’s fuel-economy edge over its gas counterpart can be as little as 25 percent when it is powering a small car in traffic. But ask it to motivate a big, heavy vehicle on the highway, and that advantage can grow to between 40 percent and 70 percent. [...]
60% of workers ages 20-29 emptying accounts, study finds »
DES MOINES, Iowa — Millions of workers take a huge chance with their retirement savings every year: They cash out their 401(k) accounts when they lose their jobs or move to new employers. When people cash out, a chunk of their money just disappears. Employers and financial advisers have warned workers about the possibility of [...]
Translating the language of money for multigenerational Hispanic families »
No es facil hablar de dinero. In English this means, it’s not easy to talk about money. For many people, the language of money is like trying to learn a foreign language. It can be frustrating. There are many books that seek to help you learn the language. For this month’s Color of Money Book [...]
Translating the language of money for multigenerational Hispanic families »
No es facil hablar de dinero. In English this means, it’s not easy to talk about money. For many people, the language of money is like trying to learn a foreign language. It can be frustrating. There are many books that seek to help you learn the language. For this month’s Color of Money Book [...]
Lesser impact seen in Phila. from US Airways cuts »
By Linda Loyd Inquirer Staff Writer What will be the fallout on the flying public when US Airways cuts jobs and flights next year? Fewer nonstops? More connecting trips? The 2010 schedules are not out yet, but passengers can expect fewer flight frequencies on some routes, which means fewer choices of travel times. Planes could [...]
More found at risk for falling short of retirement money »
DES MOINES – Workers in more than half of US households will likely be unable to retire at 65 at the same lifestyle they enjoy today, a new study says. The Center for Retirement Research at Boston College says its latest analysis of household financial status shows 51 percent are at high risk of falling [...]
Stocks sink as worries mount about spending »
SARA LEPRO The Associated Press NEW YORK – Stocks plunged Friday, erasing all of the previous day’s big gains, as a drop in consumer spending fanned worries that the economic recovery won’t be sustainable. Major stock indexes tumbled more than 2 percent in early afternoon trading, including the Dow Jones industrials, which gave back all [...]
Rendell to legislature: Finish table games bill »
By Marc Levy ASSOCIATED PRESS HARRISBURG – Gov. Rendell is calling for the legislature to immediately return to the Capitol to finalize a key piece of the state budget, the legalization of table games in casinos. Rendell made the request Friday, three weeks after he signed a major state appropriations bill that ended the 101-day [...]
Harry Gross: Take action to correct lender’s ‘mistake’ »
By Harry Gross Daily News Personal Finance Columnist Dear Harry: I have been having a great deal of trouble with a newly refinanced mortgage. I wanted to get a lower interest rate, and I did. The new mortgage payments will save me $171 a month. At the time of closing, I signed a bunch of [...]
Seniors on front line of health-care battle »
By Jane M. Von Bergen INQUIRER STAFF WRITER In the television commercial, the camera pans slowly over a worried-looking elderly woman. "Most people agree that we need to reform health care," a narrator begins in the 30-second spot, "but is it right to ask more than 10 million seniors on Medicare Advantage for more than [...]
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