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Fed sees signs recession may be easing

The Federal Reserve said Wednesday it sees signs the recession is easing and that the economic outlook has "improved modestly" since last month.

Mortgage rates dip, stay above record lows

Rates on 30-year mortgages fell slightly from last week but remained just ahead of record lows posted this month, Freddie Mac said Thursday.

Canada cuts interest rates

Canada's central bank cut its trendsetting interest rate by a quarter point to a record-low 0.25 percent and said it will likely stay there through June 2010.

Bank of England keeps rates steady

The Bank of England kept official interest rates on hold on Thursday, closing a series of cut in recent months that have brought rates to a record low of 0.5 percent, saying it would instead continue with its asset-buying program to boost the money supply.

Australia's central bank cuts interest rate again

Australia's central bank cut its key interest rate to the lowest level in almost 50 years Tuesday, reinforcing fears the global financial crisis has dragged the country into recession.

Government announces 2010 Medicare Advantage rates

The federal government said Monday it will bump up a rate used to figure Medicare Advantage reimbursement to insurers, but many analysts expect overall payment rates to fall next year.

Grad rates for black college athletes increase

Black college athletes are graduating at higher rates than in the past.

TVA sees growing 'pressure' for higher rates

Although electric rates just dipped for Tennessee Valley Authority customers, they may not stay down for long.

Mortgage rates tick up from record lows

Rates on 30-year mortgages inched higher this week after two straight weeks of record lows, but still remained at attractive levels for borrowers looking to refinance their home loans.

ECB's Trichet: Main interest rate could go lower

The European Central Bank could further reduce its record-low interest rates, President Jean-Claude Trichet told reporters Thursday, after the benchmark figured was cut by a quarter of a percentage point to 1.25 percent.

Mortgage rates drop to record low

Rates on 30-year mortgages fell this week to the lowest level on record after the Federal Reserve launched a new effort to assist the staggering U.S. housing market.

Mortgage rates drop to record low

Rates on 30-year mortgages plunged this week to the lowest level on record after the Federal Reserve launched a new effort to assist the staggering U.S. housing market.

Mortgage rates likely to sink on Fed actions

If you've got a good job, solid credit and your home's value hasn't fallen dramatically, you're likely to benefit from the Federal Reserve's extraordinary action Wednesday to help drive mortgage rates to historic lows and revive the U.S. housing market.

Fed launches bold $1.2T effort to revive economy

With the country sinking deeper into recession, the Federal Reserve launched a bold $1.2 trillion effort Wednesday to lower rates on mortgages and other consumer debt, spur spending and revive the economy.

Europe, UK cut rates; UK expands money supply

Europe's two leading central banks cut interest rates to record lows Thursday to boost their recession-mired economies, but as rates near their floor all eyes turned to a radical alternative move by the Bank of England to effectively create new money.

BoE cuts interest rates to 0.5 percent

The Bank of England cut official interest rates by half a percentage point to 0.5 percent and announced plans to expand the domestic money supply on Thursday as its attempted to revive Britain's ailing economy.

Insurer stocks tumble after Medicare announcement

Several managed care stocks sank sharply Monday, one trading day after the government surprised analysts with a lower-than-expected increase in Medicare Advantage reimbursements for 2010.

BoE seeks more authority to create money

The Bank of England revealed Wednesday that its policy makers had unanimously agreed to ask the government for the authority to create money in a bid to kickstart the economy as its ability to cut interest rates further dwindles.

Freddie Mac: rates on 30-year fixed mortgages fall

Rates on 30-year-fixed mortgages fell this week, offering homeowners a chance to refinance their loans, Freddie Mac said Thursday.

Foreclosures fall from December to January

The number of Americans on the verge of losing their homes fell in January but was still up from the same month a year ago. The numbers would have been higher if not for efforts to stall the foreclosure process.

Stamp prices to go up 2-cents in May

The post office will get an extra 2-cents worth when you mail a letter starting in May.

Bank of England cuts, ECB holds steady

The European Central Bank halted its campaign of interest rate cuts on Thursday, leaving its benchmark at 2 percent while the Bank of England cut by a half-point to a record low 1 percent as it tries to get the ailing British economy back on track.

FDIC proposes rate caps for troubled banks

Struggling banks would be banned from hiking interest rates above a national average under new government regulations proposed Tuesday that aim to halt such risky behavior.

Fed ready to provide fresh aid to revive economy

The Federal Reserve signaled Wednesday that it stands ready to use new unconventional tools, or expand existing ones, to spur lending and consumer spending that could help lift the economy out of a painful recession.

Warming tied to doubling of tree mortality

The mortality rate of old-growth forests across the West has more than doubled in recent decades, and those forests are now losing more trees than they gain, according to a new study that identified the most probable cause as warming temperatures.

Cracking Down on the Credit Card Companies
Source:

Congress is switching gears a bit, turning their attention from hearings on the financial crisis to markups on legislation that would protect consumers against credit card companies.

Understanding Exchange Rate Risk - when sterling is all over the place!
Source:

I found this really useful for trying to understand how exchange rate risk needs to be considered by apprentice investors like me

Women told: 'You have dishonoured your family, please kill yourself'
Source: Independent.co.uk

When Elif's father told her she had to kill herself in order to spare him from a prison sentence for her murder, she considered it long and hard. "I loved my father so much, I was ready to commit suicide for him even though I hadn't done anything wrong," the 18-year-old said.

Vegetarians 'get fewer cancers'
Source: BBC News

A vegetarian diet may help to protect against cancer, a UK study suggests. Analysis of data from 52,700 men and women shows that those who did not eat meat had significantly fewer cancers overall than those who did.

Police: $9.9 Million embezzlement led to layoffs at firm.
Source: CNN

A woman addicted to gambling and shoes stole $9.9 million! Why did it take the company so long to notice this? Stories like this make you really wonder just how many Americans have lost jobs due to the theft of their employers or co-workers! Did no one notice during this $9. …

Prisons chief cites recession for falling crime rate
Source: ReviewJournal.com - News

CARSON CITY - State Corrections Director Howard Skolnik said today that the crime rate has fallen in Nevada partly because the recession has caused more people to stay home and watch what is going on in their neighborhoods.

European central bank cuts interest rate to 1.5 - lowest since formation of euro
Source: BBC News

The European central bank cut interest rates to 1.5% - the lowest since the euro was formed on Jan 1999 (ten years ago)

Atop the Soapbox of Apathy

Jane Citizen here, reporting to you live from the winter of my discontent.

Under pressure: Are teen girls facing too much?
Source: MSNBC

Societal expectations, cultural trends and conflicting messages may be putting teen girls at a higher risk for depression, suicide, eating disorders and other problems. In "The Triple Bind," Dr. Stephen Hinshaw explores why girls today are under so much stress.

Under pressure: Are teen girls facing too much?
Source: MSNBC

Societal expectations, cultural trends and conflicting messages may be putting teen girls at a higher risk for depression, suicide, eating disorders and other problems. In "The Triple Bind," Dr. Stephen Hinshaw explores why girls today are under so much stress.

Stressed out! The life of a 'Supergirl'
Source: MSNBC

The 'it' girl is smart, popular, slender, beautiful and a great athlete - in short, she's perfect. In her book "Supergirls Speak Out," writer Liz Funk, herself an overachiever, shares how trying to attain an impossible goal led her to have an eating disorder. An excerpt.

Houston Pimp Faces Prison For Tax Evasion
Source: The Houston Chronicle

Here's a tax tip you don't hear often: Don't forget to report illegal income from prostitution and other nefarious activities.

10 Most Overlooked Tax Deductions
Source: finance.yahoo.com

Through deductions, American wage earners have the chance to pocket more income, rather than hand over their hard-earned cash to the government. For those who keep good records, deductions can mean more money - and less for the IRS.

10 New Tax Laws You Need To Know
Source: finance.yahoo.com

Federal lawmakers simply cannot resist tinkering with the tax code. By one estimate, more than 500 tax law changes were made last year alone.

Circumcision Rates Too Low - MSN Health & Fitness - Kids' Health
Source: MSN

Circumcision is as much a sick brutal crime against boys as female genital mutilation is against girls. Barbaric religious beliefs and exaggerated health fears do NOT justify mutilating a helpless infant.

7 New Tax Perks You Don't Want to Miss
Source: finance.yahoo.com

Seven new tax perks you don't want to miss when filing your '08 taxes In all the hoopla surrounding the current stimulus package, it's easy to forget that other stimulus bill -- the one in 2008 that resulted in a good-sized check for many U.S. taxpayers.

30 Year Mortgage Rates Fall Below 5%
Source: emortgagesolution.net

For the first time ever, Freddie Mac's weekly rate survey show 30-year mortgage rates averaging less than 5%. 30-year rates fell for the eleventh straight week to 4.96%, down from from 5.01% a week ago. A year ago the rate was 5.69%.

Yahoo News Hypes Bad Unemployment News. Did all these "Financial Reporters" actually take any math or history class?

I see this all the time and it enrages me. When any kind of numbers are released, the press tries to make them seem as bad as they can. Are they trying to scare us or are they just stupid? Or are we?

Borrowers Rushing To Refinance Loans As Rates Drop
Source: Yahoo! News

Homeowners around the country are scrambling to refinance their mortgages at the lowest rates since the early 1960s as the economy staggers through what's likely to be the worst recession in decades.

Homicide Rates Higher in States with More Guns at Home
Source: Live Science

Guns are used to kill two out of every three homicide victims in the United States, and new research shows that easy-access guns in the home make a difference. Homicide rates are highest in states where more households have guns, the national survey concludes.

Wholesale Mortgage Rate Peek! | BeatMyBroker Mortgage Blog
Source: BeatMyBroker.com

If you are thinking of taking advantage of these 5% mortgage rates (and lower), you might want to look at this. Stay informed.

Mortgage rates plummet
Source: CNN

The $800 billion infusion of federal funds into credit markets has an immediate impact on mortgage rates.

Homeowners Association Doubles Rates Amid Foreclosures
Source: local6.com

the foreclosure crisis has forced a Central Florida homeowners association to double its rates to more than $1,200, causing neighborhood residents to research their legal options. See more irresistible headlines

A Workin' Stiff's "Bailout" Idea

What do I know? I'm just a regular (now retired) working stiff. But here's my idea of a financial bailout for Wall Street and my street, and if it's naive and simplistic, I can take the criticisms -- just make them specific and clear is all I ask.