Personal finance from around the Web:
Remember that bond-fund manager who got ousted from TCW in a dispute that, uh, reeked of pot and porn? Well, on Tuesday his new firm will be launching two new mutual funds. [DoubleLine Funds]
An 8.2 percent rise in NAR pending home sales index indicates that more Americans are looking to buy homes. [The Atlantic]
In return for a small pay cut, employees could avoid layoffs with MORE
Tania Chen - Apr 5, 2010 5:04 PM ET
Personal finance from around the Web:
Homerbuilders' shares suggest that the housing market is ready to fly solo without the assistance of stimulus programs. [Bloomberg]
No free lunch...at 30,000 feet: Continental, the last major US airline to serve free in-flight meals, will begin charging for food in coach class on domestic flights. [The Wall Street Journal]
Federal prosecutors allege that Park Avenue Bank president Charles Antonucci "made material and false statements" MORE
Tania Chen - Mar 15, 2010 2:37 PM ET
Personal finance from around the Web:
College students are spending too much time drinking and having sex. The solution? A grade-inflation tax on colleges. [Center for College Affordability and Productivity]
Senator Chris Dodd will propose this week that the Fed should assume regulatory control over big banks ($100 billion in assets or more). [Daily Beast via Financial Times]
Happy 10th Anniversary JetBlue! Today only, you can book a $10 flight to any of MORE
Tania Chen - Mar 8, 2010 12:39 PM ET
Personal finance from around the Web:
Two Bloom Boxes can power the average American home. What is a Bloom Box? A device, unveiled on 60 Minutes Sunday night previewed by Fortune Brainstorm Tech last Friday, that allegedly uses a new kind of fuel cell that is entirely self sufficient. [Huffington Post] A new survey produced by the National Association for Business Economics forecasts job expansion and sustained growth in the next two MORE Tania Chen - Feb 22, 2010 2:28 PM ET
Personal finance from around the Web:
Oh, the irony! The Mortgage Bankers Association sold its DC headquarters at a $38 million loss after the property suffered a huge decline in value. [Guardian]
Despite improved performance in recent months, Citigroup and Bank of America are still in the in the hot seat. S&P might downgrade the lenders' credit ratings over the next six months to two years. [Financial Times]
Congress has opened an investigation MORE
Tania Chen - Feb 10, 2010 1:35 PM ET
Personal finance from around the Web:
No more being pennied and nickeled: President Obama's 2011 budget, released Monday, points out that it costs the government 1.8 cents to make each penny and nine cents to manufacture a five-cent coin. The administration proposes fiddling with the composition and weight of US coins to save money. [Infectious Greed]
Young adults -- the type of people that Burger King calls its "super fans" -- have MORE
Tania Chen - Feb 1, 2010 1:42 PM ET
Personal finance from around the Web:
Commerce Department figures for fourth-quarter 2009 GDP may signal the end of the recession. [The Washington Post]
Unfortunately, other indicators suggest the recession may not be over... [Calculated Risk]
Amid the excitement accompanying the release of the iPad (check out how Apple's new tablet computer stacks up against the Kindle and netbooks), AT&T and Apple enable VoIP calls over the 3G network, a huge savings on domestic MORE
Tania Chen - Jan 29, 2010 5:08 PM ET
Personal finance from around the Web:
The dollar has fallen against the euro in the wake of a report that employers unexpectedly cut jobs in December. [Bloomberg]
The Obama administration is announcing funding for fuel-efficiency projects it estimates will provide provide 500 jobs near-term in areas such as research and engineering. There's potential, says the administration, to create 6,000 positions in manufacturing and assembly by 2015. [Reuters]
A Prudential video about the MORE
Tania Chen - Jan 11, 2010 2:04 PM ET
Personal finance from around the Web:
Economists at the American Economic Association's annual meeting agree that a bleak job market and a disappointing real estate sector will prevent US growth in the coming decade. [Reuters]
Bad news for the waiters and taxi drivers expecting big tips at that above-mentioned economists' convention: Economists are some of the world's biggest cheapskates. [It's Your Money via WSJ]
Let's be honest here: The District of Columbia's new MORE
Tania Chen - Jan 4, 2010 12:10 PM ET
Personal finance from around the Web:
The Leapfrog Group, an organization comprising large corporations and public agencies that buy health benefits on behalf of their employees, has released a list of what it calls the 45 top hospitals in America. Is yours on the list? [The Leapfrog Group]
There's turmoil at the $110-billion investing firm TCW Group: The two longtime co-managers of the top-performing TCW Total Return Bond fund (TGLMX) are out MORE
Tania Chen - Dec 7, 2009 2:23 PM ET
Personal finance from around the Web to get your week started:
Take advantage of a one-day sale from JetBlue to get some great travel deals Monday. But whatever airline you fly next, Luggage Limit helps you minimize baggage fees. [It's Your Money/Lifehacker]
Bank of America today launched a program called Credit Card Clarity Commitment -- what it says is an easy-to-understand list of terms and conditions for each account. [Charlotte Business Journal]
A MORE
Tania Chen - Nov 30, 2009 12:30 PM ET
Personal finance from around the Web to get your week started:
The delinquency rate on bank-issued cards dropped 6 percent between June and September, according to credit-reporting agency TransUnion. The company cites the unemployment rate, limited credit, and higher interest rates as the main cause of cutting the delinquency rate. Still, it's too early to tell how new credit card regulations and holiday retail sales will affect credit behavior in the MORE
Tania Chen - Nov 23, 2009 12:41 PM ET
Personal finance from around the Web to get your week started:
UnitedHealth Group, the nation's largest health insurance carrier, sent an email to 75,000 employees urging them to protest against government-run health care. The incident is one of many campaigns led by major insurers to recruit company employees as political advocates in the debate over health reform. [Washington Post]
A new debit card identity theft scheme is popping up in California, MORE
Tania Chen - Nov 16, 2009 12:10 PM ETPersonal finance from around the Web to get your week started:
Always read the fine print: the House approved a landmark plan that would cost $1.1 trillion over 10 years and extend coverage to 36 million unsinured Americans. Now what? Find out how the bill will actually affect consumers. [The Consumerist] Modeled after New York Magazine's "Sex Diaries," "Money Diaries" is an ongoing collection of stories that track the spending habits MORE Tania Chen - Nov 9, 2009 10:59 AM ET
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