Translate

Search This Blog

Search Tool




Jan 23, 2010

NYTimes.com: Bernanke's Bid for a Second Term at the Fed Hits Resistance



The New York Times E-mail This


This page was sent to you by:  fgcbolsa@fgcbolsa.info

BUSINESS / ECONOMY   | January 23, 2010
Bernanke's Bid for a Second Term at the Fed Hits Resistance
By SEWELL CHAN and DAVID M. HERSZENHORN
Even if Ben S. Bernanke's nomination is approved, the anxiety surrounding it shows how both parties are trying to understand anger toward the government and Wall Street.









MarketWatch: The week's top Personal Finance stories, January 23,2010


MarketWatch

Personal Finance Daily
JANUARY 23, 2010

The week's top Personal Finance stories

By MarketWatch


In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of Jan. 18-22:

Unexpected lessons on health care from Massachusetts

After the Massachusetts special election deprived Democrats of the supermajority they needed to pass comprehensive health reform easily, the key question is will the U.S. go the way of California or Massachusetts?
See Vital Signs.


The 10 must-have features in today's new homes

Americans want smaller houses and they are willing to strip some of yesterday's most popular rooms -- such as home theaters -- from them in order to accommodate changing lifestyles, consumer experts told audiences at the International Builders Show here this week.
See full story.


Loan modification? Good luck with that

I am departing from my regular question-and-answer format this week to bring you an email from a reader, J.N., in Richmond, Va. I am running it in full, with a bit of editing, because it details in excruciating pain the trials and tribulations home owners are experiencing in trying to convince their lenders to work with them to modify their mortgages.
See Realty Q&A.


Don't judge a mutual fund by its past

It's perhaps the most quoted financial-services mantra: Past performance is no indication of future results. Unfortunately, human nature usually leads investors to think the exact opposite.
See Weekend Investor.


Credit-card issuers find creative ways to skirt new law

Between now and Feb. 22 when the new credit-card rules go into effect, you'll see a lot of excited media types talking about all of the good to come out of those regulations, but as a consumer you should worry about what's still on the menu. The card issuers have been cooking up all kinds of new things that their bottom line will find appetizing, but that may make you sick.
See Chuck Jaffe.


12 traps to avoid when converting to a Roth IRA

If the high number of phone calls to mutual-fund firms and the comments posted to articles on the subject are any sign, savers are showing a lot of interest in converting their traditional IRAs into Roth IRAs, but they should be wary about acting on that desire too hastily because some expensive traps are waiting for the ill-informed.
See Robert Powell.


A retirement-savings formula that works for today

How much should I save for my retirement? The quick answer is more than you think. The harsh fact is that you usually must have saved and invested more than you believe you have in a variety of stocks, bonds, funds, metals and other commodities to lead a comfortable life in retirement.
Read MarketWatch's Special Report on Retirement.


Changes to your retirement plan are coming

The financial crisis dealt a huge blow to U.S. retirement savers' 401(k) accounts -- a hit from which many investors have yet to recover despite the market's rally -- and now lawmakers and others are pushing for new retirement-plan rules and policies. What's likely to stick, and what does it mean for your future retirement? That depends largely on which party controls Congress.
Read MarketWatch's Special Report on Retirement.


Medical expenses in retirement are steep -- are you prepared?

Health care is one of the biggest costs to plan for in retirement, even with the federal Medicare program providing basic coverage to Americans age 65 and over. That's because Medicare beneficiaries can face substantial out-of-pocket costs, and the program doesn't cover long-term-care needs beyond a brief transition period.
Read MarketWatch's Special Report on Retirement.


Top tips for feeding your family on a budget

Tough times call for tough meat. Cuts such as brisket can be easy on a family's budget, and that's a boon during tight economic times.
See Diary of a Recession Baby.