Credit Card and Financial News

An up-to-date look at the Financial World

30 Nov

Gov’t increases pressure on mortgage industry (AP)

Posted in business on 30.11.09

FILE - In this March 6, 2009 file photo, a chain and padlock take the place of door knobs and locks on a foreclosed home in the Bronx, N.Y. With the foreclosure crisis showing no signs of relenting Monday, Nov. 30, 2009, the Obama administration plans to expand a program aimed at helping people remain in their homes.(AP Photo/Julie Jacobson, file)AP – Faced with sluggish progress in its foreclosure-prevention effort, the Obama administration will spend the coming weeks cracking down on mortgage companies that aren’t doing enough to help borrowers at risk of losing their homes.


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30 Nov

Stocks rise as Dubai concerns ease, Guess up late (Reuters)

Posted in business on 30.11.09

Signs can be seen above the floor of the New York Stock Exchange, April 9, 2009. REUTERS/Lucas JacksonReuters – U.S. stocks rose on Monday, helping the Dow post its fifth straight monthly gain, on hopes that possible fallout from Dubai’s debt woes will be contained.


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30 Nov

Stocks gains as Dubai concerns ease (Reuters)

Posted in business on 30.11.09

Signs can be seen above the floor of the New York Stock Exchange, April 9, 2009. REUTERS/Lucas JacksonReuters – U.S. stocks rose on Monday, helping the Dow post its fifth straight monthly gain, on hopes that possible fallout from Dubai’s debt woes will be contained.


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30 Nov

Stocks dip with retailers on spending worries (Reuters)

Posted in business on 30.11.09

Signs can be seen above the floor of the New York Stock Exchange, April 9, 2009. REUTERS/Lucas JacksonReuters – Stocks inched lower on Monday with retail shares down after Black Friday and data suggesting weak holiday sales, while data showing expansion in business activity in the Midwest helped to limit losses.



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30 Nov

Market dips with retailers on spending worries (Reuters)

Posted in business on 30.11.09

Signs can be seen above the floor of the New York Stock Exchange, April 9, 2009. REUTERS/Lucas JacksonReuters – U.S. stocks inched lower on Monday with retail shares down after Black Friday and data suggesting weak holiday sales, while data showing expansion in business activity in the Midwest helped to limit losses.


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30 Nov

AIG shares fall after analyst questions reserves (Reuters)

Posted in business on 30.11.09

Reuters – Shares of AIG fell 12 percent on Monday after an analyst raised concerns about a possible deficiency in the company’s non-life insurance reserves.

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30 Nov

Stocks slip on concerns about holiday spending (Reuters)

Posted in business on 30.11.09

Signs can be seen above the floor of the New York Stock Exchange, April 9, 2009. REUTERS/Lucas JacksonReuters – U.S. stocks declined moderately on Monday as weak data on holiday retail sales prompted questions about the consumer’s ability to spend.



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30 Nov

Stocks gain as retail sales counter Dubai (Reuters)

Posted in business on 30.11.09

Signs can be seen above the floor of the New York Stock Exchange, April 9, 2009. REUTERS/Lucas JacksonReuters – U.S. stocks edged higher in choppy trade on Monday on optimism over holiday retail sales and a stronger-than-expected report on Midwest business activity.


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30 Nov

Stocks little changed after Chicago PMI (Reuters)

Posted in business on 30.11.09

Signs can be seen above the floor of the New York Stock Exchange, April 9, 2009. REUTERS/Lucas JacksonReuters – U.S. stocks were little changed on Monday after the Chicago purchasing managers index, a gauge of regional business activity in the U.S. Midwest, expanded more than expected in November.



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30 Nov

Stocks set for higher open on sales optimism (Reuters)

Posted in business on 30.11.09

Signs can be seen above the floor of the New York Stock Exchange, April 9, 2009. REUTERS/Lucas JacksonReuters – U.S. stock futures pointed to a slightly higher open on Monday on optimism over holiday retail sales and as concerns eased that a possible debt default by two of Dubai’s flagship firms could damage a global economic recovery.



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