RefBan

Referral Banners

Yashi

Wednesday, February 20, 2013

Reuters Money: Boomers face credit-card quandary as economic doldrums bite

Click to View in Browser
02/20/2013
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Boomers face credit-card quandary as economic doldrums bite
NEW YORK (Reuters) - Sandy Harsh never expected to find herself with $16,800 in credit-card debt and her retirement dreams drifting farther away.
U.S. home-builder sentiment slips but holds near seven-year peak
NEW YORK (Reuters) - U.S. home-builder confidence in the market for single family homes eased slightly in February from last month's seven-year high as builders faced higher material costs, an index showed on Tuesday.
Rooting out risk in your bond portfolio
CHICAGO (Reuters) - When U.S. Federal Reserve governors start talking about "overheating episodes in credit markets," as did Jeremy Stein in a February 7 speech in St. Louis, it is time to prick up your ears.
Draghi fuels bets for lower money market rates
LONDON (Reuters) - European Central Bank president Mario Draghi has created a win-win situation for traders in the run-up to Friday's announcement on early repayments of banking sector loans, with short-term rates expected to go anywhere but up.
Mortgage lender Quicken bets on downtown Detroit's revival
DETROIT (Reuters) - Dan Gilbert has a vision for downtown Detroit that many would find hard to square with the long, painful decline commonly associated with this city: a vibrant urban core full of creative, innovative and talented young people.
Prada says revenues climb 29 percent for fiscal year ending January
HONG KONG (Reuters) - Italian fashion house Prada SpA said on Tuesday its revenues for the 12 months ended January 2013 rose 29 percent from a year earlier to 3.3 billion euros ($4.4 billion).
Forecasters caught napping by pace of currency moves
LONDON (Reuters) - Rapid moves in foreign exchange markets have sent strategists scrambling to revise 2013 forecasts as resurgent currencies outpace price predictions, wrong-footing the experts that many rely on for hedging, budgeting and investment.
SandRidge CEO's family amasses big land stake near company-fund
NEW YORK (Reuters) - One of SandRidge Energy Inc's largest shareholders, pushing to remove its chief executive, alleged on Tuesday that a company controlled by the CEO's children has amassed around 475,000 acres near SandRidge's operations.
Insurer Florida Citizens increases hurricane protection
LONDON (Reuters) - Florida Citizens Property Insurance Corporation will sell $250 million of hurricane coverage to investors in 2013 to recoup some of the cost of covering natural disasters in the state, the insurer said.
Obama gives green energy funds a jump-start
CHICAGO (Reuters) - In the wake of yet another monster storm in the Northeastern U.S., we are once again reminded of the need to address climate change, which is like a Grendel that keeps coming out of its cave to ravage us with increasingly violent weather.
Related Video
5 ways to break the retirement rules - Money Clip
The Honey Boo Boo investment plan - Investing 201
Business News
Wall Street set for flat open after data, Fed minutes on tap
Homebuilding takes a breather, wholesale prices up
SUBSCRIBE TO OTHER REUTERS NEWSLETTERS
 Counterparties
The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today  
Reuters Business Today
A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today  
» MORE NEWSLETTERS
- 3 Times Square New York, NY 10036 USA © Copyright 2010 Thomson Reuters
Ensure delivery of Reuters Newsmails, add mail@nl.reuters.com to your address book. Details
Subscribe to other Reuters newsletters.
Unsubscribe from this newsletter.
Follow us on Twitter facebook Friend us on Facebook Forward this newsletter to a friend Forward to a friend

No comments:

Yashi

Chitika