Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP)
September 4, 2010 by admin
Filed under Personal Finance
AFP – Brazil’s Petrobras unveiled one of the world’s biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century.
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5 Tax Moves to Make Now (U.S. News & World Report)
September 3, 2010 by admin
Filed under Personal Finance
U.S. News & World Report – It may seem a bit strange to be talking about income taxes in September. There are, however, good reasons to think about taxes well before April 15. For starters, there are some big changes in the tax code that go into effect in 2011. Depending on [...]
Mortgage rates hit decades-low of 4.32 percent (AP)
September 2, 2010 by admin
Filed under Personal Finance
AP – Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy.
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Downsize for a More Affordable Retirement (U.S. News & World Report)
September 1, 2010 by admin
Filed under Personal Finance
U.S. News & World Report – Most people think retirement planning is about saving, investments, and the timing of retirement account withdrawals and Social Security benefits. Ensuring you have sufficient income is definitely one of the most important aspects of retirement planning. But so is controlling your expenses. One way you can do that is [...]
Taiwan rejects Primus purchase of AIG unit (AP)
August 31, 2010 by admin
Filed under Personal Finance
AP – Taiwanese regulators on Tuesday rejected Primus Financial Holdings’ planned purchase of AIG’s Taiwan life insurance unit amid concerns that the Cayman Island-based firm may be backed by funds from rival China.
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Business events scheduled for the coming month (AP)
August 30, 2010 by admin
Filed under Personal Finance
AP – WASHINGTON — Commerce Department releases personal income and spending for July, 8:30 a.m.
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Business events scheduled for the coming week (AP)
August 29, 2010 by admin
Filed under Personal Finance
AP – WASHINGTON — Commerce Department releases personal income and spending for July, 8:30 a.m.
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Cheaper Reverse Mortgages May Be Coming (U.S. News & World Report)
August 28, 2010 by admin
Filed under Personal Finance
U.S. News & World Report – The Federal Housing Administration (FHA) is developing a new reverse mortgage product that sharply cuts up-front payments by home owners but also significantly reduces the percentage of a home’s equity that can be paid to owners under the program. Reverse mortgages insured by the government [...]
AIG decides against strategic investor for AIA: source (Reuters)
August 27, 2010 by admin
Filed under Personal Finance
Reuters – American International Group Inc has scrapped plans to sell a strategic stake in its Asian life insurance business, AIA, ahead of its initial public offering, a source familiar with the process said on Friday.
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Warren Buffett Kills the World’s Greatest Investment Meeting (The Motley Fool)
August 27, 2010 by admin
Filed under Personal Finance
The Motley Fool – For years, Charlie Munger, Berkshire Hathaway’s (NYSE: BRK-A – News; BRK-B) octogenarian co-chairman, has said that Berkshire would one day buy the remaining 20% of Wesco Financial (NYSE: WFC – News) it didn’t already own.
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