In case of layoff: A financial fire drill

March 8th, 2009

In case of layoff: A financial fire drill
Do you know what your no-frills monthly expenses are? And how long you could stay afloat if you or your mate lost a job? Here’s how to get a game plan.

Dow drops 37 as auto sales plunge
Late-day selling saps a small rally, but losses are modest after Monday’s big drubbing. Auto sales in February fall to 1981 levels, with GM sales tumbling 53%; Ford sales fall 48%. Toyota asks Japan’s government for help. Fed boss Bernanke says AIG made ‘irresponsible bets.’

Fuel Posted By : Steven G
When it comes to business and finance there is a big problem with the ethics of the men and women behind big oil and the government officials that have been elected to keep the well being of the country in check. This article is about the high costs of fuel and some corresponding issues.

Don’t Let Rates Get You, Lock It Posted By : rateempire
When interest rates begin to go up on mortgages, having your rate locked in can really protect you until closing.

Editorial Statistics

Coke? Oreos? That’s so last year
In this recession economy, Americans are choosing cheap and generic over brand-name goods. That’s bad news for stocks you may believe are solid and safe.

Dow jumps 150 as energy stocks surge
High oil prices and hopes for a China rebound help stocks bounce off 12-year lows, but some investors cash in gains late in the day. The Fed sees the recession deepening. The Treasury Department explains who can get mortgage help. Homebuilder Toll Bros. reports a narrower loss.

Euro, yen make dollar look good
The US dollar is relatively strong right now (compared with the mess that other countries’ currencies are in), and investors can use that to guide their decisions.

Is there a statute of limitations on debt?
Yes, the clock ticks on credit-report scars and on the debts themselves. But that doesn’t necessarily get you off the hook.

Why gold prices will keep rising
Safety-seeking investors are pouring money into gold despite prices that, though lower recently, remain near historic highs. The more we worry, the higher gold will go.