Tag Archives: savings
U.S. judge questions fraud statute’s use against Bank of America
By Nate Raymond NEW YORK (Reuters) – A Manhattan judge indicated Monday he was “troubled” by how the U.S. government applied a rarely used law in a suit against Bank of America Corp over the sale of toxic mortgages to Fannie Mae and Freddie Mac Continue reading
Insight: Once a landlord’s serf, a Pakistani woman enters election fray
By Matthew Green HYDERABAD, Pakistan (Reuters) – When Veero Kolhi made the asset declaration required of candidates for Pakistan's May elections, she listed the following items: two beds, five mattresses, cooking pots and a bank account with life savings of 2,800 rupees ($28). While she may lack the fortune that is the customary entry ticket to Pakistani politics, Kolhi can make a claim that may resonate more powerfully with poor voters than the wearily familiar promises of her rivals. Continue reading
Portugal Premier to Speak on Crisis
By BARRY HATTON LISBON, Portugal (AP) Co Despite two years of corrosive austerity measures since it needed an international financial rescue, Portugal’s prime minister told his country Sunday to brace for even harder times after a court ruling forced his government to find more savings through steep spending cuts. Continue reading
Delaying savings will only make problem worse: ECB’s Praet
Savings required to bring euro zone budgets under control cannot be put off for long, European Central Bank Executive Board member Peter Praet said in an interview in two Belgian newspapers. Continue reading
Stocks drop after turmoil in Cyprus sinks the euro
NEW YORK (AP) — Stocks are slumping on Wall Street and Europe after shock over a proposed tax on bank savings in the tiny Mediterranean nation of Cyprus sent the euro sinking against other currencies. Continue reading
Here’s how you’ll really use your tax refund
If you’re like a lot of Americans, chances are you’re hoping you’ll get a tax refund this year. Continue reading
Retirement-Savings Picture Improves
NEW YORK (TheStreet) — Maybe it’s the stock market, which is up over 14,330 points this week. Continue reading
Downsizing an empty nest may not always pay off
Living on a smaller scale may mean fewer expenses, such as lower mortgage or rent, lower maintenance costs and lower utility bills. Continue reading
5 Retirement Savings Strategies for 2013
NEW YORK (TheStreet) — Saving for retirement is an area of personal finance that makes your stomach churn. Continue reading
