admin – Page 25 – Your Economy Friend

With Lower Prices, Americans’ Thirst for Gasoline Surges

December 19, 2014

Getty Images LONDON -- Consumption of gasoline in the United States is surging according to estimates prepared by the Energy Information Administration. More than 9.5 million barrels per day of gasoline we...

Why Financial Crises Aren’t Such a Bad Thing for Your Wallet

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December 16, 2014

Mutual Funds

Getty Images In the seven years since Lehman Brothers failed, tipping the world into a financial crisis, the U.S. government has enacted a plethora of regulations to prevent another one. But trauma aside, ...

5 Offensive and Defensive Funds to Strengthen Your Portfolio

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December 14, 2014

Index Funds

Richard Drew/AP Investors are getting more excited about the stock market now that it has fully recovered from the financial crisis and started to set new record highs. But if you're looking to invest now, you ...

Honda Tops Insurance Industry Safety List

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December 13, 2014

Insurance Industry

David Zalubowski/APA Honda Accord sedan. Honda Motor Co. (HMC) has topped the insurance industry's annual list of the safest new vehicles. The Insurance Institute for Highway Safety on Thursday gave 39 vehicle...

Today’s Financial Meltdown Vs. the 1990s S&L Crisis: Which Was Worse?

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December 11, 2014

Insurance Industry

While most of us were alive 20 years ago, peoples' memories of the savings and loan crisis of the early 1990s have faded. But more than 1,000 so-called savings & loans -- banks specifically set up to lend o...

Why Single People Need Life Insurance Too

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November 30, 2014

Insurance Industry

Despite some common misconceptions, life insurance isn't just for those of us who are married with children. If you're a single, you can benefit from it, too, because being unmarried doesn't necessarily mean be...

Money Minute: Probe Into GM Recall Shifts Into High Gear

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November 29, 2014

Ipos

The Justice Department's investigation into General Motor's ignition switch problems is kicking into high gear. Federal prosecutors are sending out subpoenas to get to the bottom of who knew what at GM (GM) w...

Market Wrap: S&P Sets Record, Nasdaq Hits 15-Year High

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November 29, 2014

Energy

Richard Drew/AP NEW YORK -- The S&P 500 index closed at a record high Friday, as energy shares gained with oil prices, while the Nasdaq composite index hit a 15-year high helped by technology stocks. E...

Market Wrap: Tech-Stock Gains Push Nasdaq to New High

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November 22, 2014

Nasdaq

Mark Lennihan/AP NEW YORK -- Wall Street ended stronger on Thursday, with the Nasdaq up more than 1 percent at a record high after earnings reports from eBay and Netflix boosted optimism. Sentiment was als...

N.Y. Court: You Still Can’t Sue Accountants, Lawyers for Clients’ Fraud

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November 19, 2014

Insurance Industry

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Market Wrap: Wall Street Bounces Back After 3-Day Slump

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November 17, 2014

Nasdaq

Andrew Burton via Getty Images NEW YORK -- U.S. stocks rose Thursday as upbeat retail sales and other U.S. data pointed to a strengthening U.S. economy and lifted optimism about consumer spending. Indexes ...

Apple to Invest $850 Million in California Solar Farm

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November 12, 2014

Energy

Marcio Jose Sanchez/APApple CEO Tim Cook SAN FRANCISCO -- Apple is investing $850 million to help build a solar farm in California in partnership with solar panel-maker First Solar, Chief Executive Officer ...

Market Wrap: Stocks Soar on Release of ‘Dovish’ Fed Minutes

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October 28, 2014

Energy

Andrew Burton/Getty Images NEW YORK -- U.S. stocks ended higher Thursday with the S&P 500 closing at a seven-week high as investors saw further signs of dovishness in the Federal Reserve's September mee...

Stop Measuring Your Retirement Portfolio Performance Wrong

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October 22, 2014

Mutual Funds

Getty Images NEW YORK -- Measuring your retirement portfolio's performance by looking only at percentage returns is like evaluating a quarterback prospect by looking only at how many touchdowns he's scored....

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