Archive for May, 2010

As Stimulus Money Vanishes, So Do Jobs for Youth

Monday, May 31st, 2010

Stimulus money that helped cushion some government job programs last summer is running out, and private employers are reluctant to hire, the New York Times reports.

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As Stimulus Money Vanishes, So Do Jobs for Youth

France Warns on Credit Rating, Germany on Taxes

Monday, May 31st, 2010

France admitted that keeping its top-notch credit rating would be “a stretch” without some tough budget decisions, following German hints that Berlin may resort to raising taxes to help bring down its deficit.

Continued here:
France Warns on Credit Rating, Germany on Taxes

BP Admits It Didn’t Stop Leak, Is Readying Another Option

Saturday, May 29th, 2010

BP admitted defeat Saturday in its attempt to plug the oil leak by pumping mud into a busted well, but said it’s readying yet another approach to fight the spill.

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BP Admits It Didn’t Stop Leak, Is Readying Another Option

Investment Fund Tax Break Set To End, But Not Without Fight

Saturday, May 29th, 2010

The protracted fight over carried interest underscores the difficulty Congress faces in trying to close tax loopholes for businesses, even with sprawling budget deficits and widespread public dismay about Wall Street, the NY Times reports.

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Investment Fund Tax Break Set To End, But Not Without Fight

After Graduation, Where Should Grads Live?

Friday, May 28th, 2010

Even though the job market is slightly better than it was a year ago, college graduates will need to be flexible about the kinds of jobs they can expect and also be prepared to relocate to find one.

Link:
After Graduation, Where Should Grads Live?

Apple’s iPad Makes Splash in International Debut

Thursday, May 27th, 2010

Apple’s iPad hit overseas store shelves on Friday, with buyers storming Japanese shops to be among the first in Asia to snap up the long-awaited tablet PC.

Continued here:
Apple’s iPad Makes Splash in International Debut

BP Says Oil Stopped Flowing from Well, Only Mud

Thursday, May 27th, 2010

BP Chief Operating Officer Doug Suttles said on Wednesday it appears drilling mud, not oil, was gushing from a ruptured undersea well six hours into an effort to halt a growing oil spill.

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BP Says Oil Stopped Flowing from Well, Only Mud

Home Builders Have Big Month But the Party May Be Over Soon

Wednesday, May 26th, 2010

The home buyer tax credit clearly favored the builders over existing home sellers, as the jump in new construction sales seem far higher. So are the builders back? Not so fast.

Originally posted here:
Home Builders Have Big Month But the Party May Be Over Soon

Libor Spike Is Rekindling Fears Of Another Financial Crisis

Tuesday, May 25th, 2010

A recent spike in the rate banks charge each other for short-term borrowing is reviving investor fears that the market is returning to the abyss of the credit crisis.

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Libor Spike Is Rekindling Fears Of Another Financial Crisis

Two Investing Strategies: Your Portfolio—And Your Retirement

Monday, May 24th, 2010

Both accounts are integral to your financial well-being, helping you save for retirement, buy a house, pay for college or simply prepare for a rainy day. However, it’s essential that you manage these accounts properly — and not necessarily in the same way.

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Two Investing Strategies: Your Portfolio—And Your Retirement