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Personal Finance News

News on Personal Finance continually updated from thousands of sources around the net.

2 hrs ago | The Globe and Mail

At midday: Weak energy sector pulls TSX lower

The Toronto stock market fell Friday amid a disappointing jobs report that showed the Canadian economy lost an unexpected 9,400 jobs in June.

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Related Topix: Financial Markets, Mortgage

Fri Jul 11, 2014

WPBF

Stocks close out bad week

Stocks ended a volatile week with modest gains Friday, but the S&P 500 had its worst week in three months.

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Related Topix: Financial Markets, Mortgage

Bellingham Herald

$900K in debt, Nienow files for bankruptcy

Sen. Sean Nienow, of Cambridge, and his wife, Cynthia, filed for Chapter 7 bankruptcy last month, according to court records.

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Related Topix: Economics News, Bankruptcy, Small Business

KIDK CBS 3

Capitol

House Republicans, who fervently pound the podium against the deficit, didn't blink Friday at passing a whopping $287 billion business tax cut measure with no effort to pay for or offset that amount.

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Related Topix: US News, Small Business, George Bush, US Politics, Lloyd Doggett, US House of Representatives, Democrat, Sander Levin

Asbury Park Press

US records $71 billion budget surplus in JuneUS records $71 billion...

US records $71 billion budget surplus in June The U.S. ran a monthly surplus in June, lowest annual deficit since 2008.

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Related Topix: Mortgage, US News

SiliconValley.com

Former CalPERS CEO pleads guilty to bribery, fraud

A former head of the nation's largest public pension fund has pleaded guilty to bribery and fraud in California.

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Related Topix: Pension, California Public Employees Retirement System, Financial Services, Investment Services, San Francisco County, CA, San Francisco, CA

Bellingham Herald

Downside of low US mortgage rates? Less selling

In this July 2, 2014 photo, Ryan Carson, right, poses for a photo with his wife, Jenny Roraback-Carson, and their daughter Clara, 3, in the entry to their home in Seattle.

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Related Topix: Home, Mortgage, Home Listing, Housing, Real Estate

KMIZ

Should you raid your retirement savings to slash debt?

If dipping into your retirement savings to finally pay off that pesky credit card bill sounds like a good idea, you should probably think twice.

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Related Topix: Retirement, Home, Mortgage, Credit Card Debt

Bellingham Herald

Wells Fargo 2Q profit rises, helped by loan growth

In this Wednesday, Dec. 19, 2012, file photo, a man walks past a Wells Fargo location in Philadelphia.

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Related Topix: Wells Fargo , Banking, Financial Services, Home, Mortgage

National Public Radio

Obama Asking Companies To Pay Suppliers Faster

Dozens of companies, including Apple, Honda and Coca-Cola, have agreed to pay their suppliers more quickly in a bid to boost small businesses, the White House announced Friday.

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Related Topix: Small Business

The Modesto Bee

A new challenge to HUD's reverse-mortgage program

The United States faces a retirement funds crisis: a rapidly growing number of people who retire without the financial capacity to support themselves during ever-increasing life spans.

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Related Topix: Home, Mortgage, Retirement, Health, AARP, Business News

Thu Jul 10, 2014

Salisbury Journal

OBR warning on ageing population

A fresh wave of tax hikes or spending cuts will be needed to meet the growing cost of Britain's ageing population, the financial watchdog has warned.

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Related Topix: Pension, Long Term Care, Health

Business Journal

Blue Shield, state regulators accidentally release private data of 18,000 doctors

Blue Shield of California and the California Department of Managed Health Care managed to accidentally release social security numbers of 18,000 California doctors, the San Francisco-based health insurer confirmed Thursday.

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Related Topix: Social Security, San Francisco County, CA, San Francisco, CA

Myrtle Beach Online

Your Place: Best to watch long-term trends in real-estate market

When I started writing about real estate full time, the experts cautioned me not to chase month-to-month data, and to focus instead on quarterly and yearly figures.

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Related Topix: Real Estate, Home, Mortgage, Housing, Education

Sunherald.com

Average US 30-year mortgage rate rises to 4.15 pct

Mortgage buyer Freddie Mac said Thursday that the nationwide average rate for a 30-year loan rose to 4.15 percent from 4.12 percent last week.

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Related Topix: Mortgage, Home

Business Times

UK housing market may be starting to moderate: RICS

More signs emerged last month that the upturn of Britain's housing market is starting to moderate, even in hotspots like London, a survey showed on Thursday [LONDON] More signs emerged last month that the upturn of Britain's housing market is starting to moderate, even in hotspots like London, a survey showed on Thursday.

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Related Topix: Mortgage, Home

Reuters

Holder won't meet with BofA CEO as mortgage talks stall: sources

Attorney General Eric Holder has formally refused to meet with Bank of America Corp Chief Executive Brian Moynihan to hammer out a multibillion-dollar deal, as talks to resolve probes into shoddy mortgage securities sold by the bank and its units remain at a standstill, according to people familiar with the matter.

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Related Topix: Home, Mortgage, Banking, Bank of America, Financial Services, US News

Wed Jul 09, 2014

Tri-cityherald.com

Mortgage registry ruling could aid Pa. counties

U.S. District Judge J. Curtis Joyner in Philadelphia ruled June 30 that Mortgage Electronic Registration Systems and its parent company, Merscorp Inc., collectively known as MERS, violated Pennsylvania law by using its members-only database to circumvent county recorder of deeds offices.

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Related Topix: Home, Mortgage, Montgomery County, PA, Philadelphia, PA, Foreclosures

Tri-cityherald.com

Memphis 'Blue Flu' symbol of pension troubles

Cuts approved by the City Council have led to protests from city workers, including police and fire staff, who say they cannot afford the changes and feel betrayed by a city they have served and protected.

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Related Topix: Pension, Fire, Economics News, Bankruptcy, US Politics, US News, US House of Representatives, Democrat, Rahm Emanuel, Illinois

Northern Michigan News

Fed split on signals for first rate increase

Federal Reserve officials are in broad agreement that they will likely announce an end to their monthly bond buying program in October, bringing to a close the third round of massive bond purchases the central bank has relied upon to boost economic growth following the Great Recession.

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Related Topix: Financial Markets, Mortgage, Home

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