Unemployment will probably hover around 10 percent for a year, says Moody's Economy.com's Mark Zandi - but, he adds, the economy is moving in the right direction.
Question-and-Answer SessionOperator Operator Instructions We’ll go first to Ashar Khan with Incremental Capital. Ashar Khan – Incremental Capital Good morning, how are you doing? William Bill D. Johnson Good morning, Ashar. Mark F. Mulhern Good morning. Ashar Khan – Incremental Capital The way I heard...
Question-and-Answer SessionOperator Operator Instructions. Our first question comes from Dough Terreson with ISI Group. Doug Terreson – ISI Group First I want to congratulate you Dave on a great career and I agree with Jeanette [ph] you provided exemplary leadership during the past decade which is obviously been an...
Question-and-Answer SessionOperator Operator Instructions Your first question comes from Doug Mavrinac – Jefferies & Company Doug Mavrinac – Jefferies & Company I had a few follow up questions. The first couple have to do with some of the new time charters that were announced. On the Aframax you guys...
DailyFinance: Federal Reserve Chairman Ben Bernanke is set to speak Monday at an Economic Club of New York luncheon. But don't expect him to say anything that will cause the attendees to gag on their frisee. As much as American savers and U.S. trading partners are ... Read more
Gift cards take much of the spirit out of gift-giving -- the thoughtfulness extends little further than choosing a dollar amount and maybe a specific merchant -- but there's no denying the popularity of the convenience they offer. Consumers bought $25 billion worth for holiday gifts last...
Gift cards take much of the spirit out of gift-giving -- the thoughtfulness extends little further than choosing a dollar amount and maybe a specific merchant -- but there's no denying the popularity of the convenience they offer. Consumers bought $25 billion worth for holiday gifts last...
Unemployment will probably hover around 10 percent for a year, says Moody's Economy.com's Mark Zandi - but, he adds, the economy is moving in the right direction.
Card companies are getting shadier and stingier, and interest rates on plastic are going higher. So now?s the time to be sure you?re holding the best cards for the way you charge. MoneyWatch surveyed the landscape and picked the top cards in several categories. ...
Two of the biggest acquisitions of Computer Services Industry members, Affiliated Computer Services and Perot Systems occurred during the month of September of 2009. The acquisitions of these two respectively by Xerox and Dell indicate that a major shift is going on as those companies who manufacture and sell computers and office equipment are seeking [...]
Two of the biggest acquisitions of Computer Services Industry members, Affiliated Computer Services and Perot Systems occurred during the month of September of 2009. The acquisitions of these two respectively by Xerox and Dell indicate that a major shift is going on as those companies who manufacture and sell computers and office equipment are seeking [...]
She is one of the few bank analysts, which had sell ratings on all of the banks before they declined significantly in 2008. Her argument is that banks are ill prepared for an unemployment rate of 10%.
“No bank underwrote a loan with 10 percent unemployment on the horizon,” Whitney said. “I think there is no [...]
She is one of the few bank analysts, which had sell ratings on all of the banks before they declined significantly in 2008. Her argument is that banks are ill prepared for an unemployment rate of 10%.
“No bank underwrote a loan with 10 percent unemployment on the horizon,” Whitney said. “I think there is no [...]
Gross said the situation remains precarious. His investment has repeatedly called the “new normal” of much slower growth rate than what the normal has been over the last 20 years. With another drop possible and continued deflation, he said 30-year bonds with a yield of 4.13 to 4.15 percent would become attractive.
Comment: I am in [...]
Daily Aid 26: How to understand how the economy is really doing
Eye on the Economy
I want to do a special today to give you some tools for understanding the market a little better, some things to keep an eye on, and some explanations so that when you see financial news in the headlines, you know [...]
Daily Aid 17: My Rich Uncle suspends lending, FAFSA stuff, PLUS loan rates
Student Financial Aid News
From Inside Higher Ed:
In a speech tonight at Harvard University, the U.S. education secretary will unveil a proposal to greatly simplify the process by which students apply for federal financial aid. Under the plan, which flows from a set of [...]
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