While Congress hammers out an economic stimulus plan, Social Security recipients are already reaping a windfall -- thanks to a quirk in the cost of living adjustment.
Friday, January 9, 2009, 6:04PM ET - U.S. Markets Closed.
Although 2009 home prices are expected to fall or remain flat, these areas are in an enviable position.» Read more
Dow | 8,599.18 | -143.28 | -1.64% |
Nasdaq | 1,571.59 | -45.42 | -2.81% |
S&P 500 | 890.35 | -19.38 | -2.13% |
10 Yr Bond(%) | 2.4070% | -0.0380 | |
Fri 4:30pm ET- Briefing.com
Though the highly anticipated December jobs report didn't contain any glum surprises, stocks still spent the session trading with marked losses amid continued...
Determined based on increased frequency of appearance in news
RMBS | 11.24 | -7.26 | -39.24% | Rambus, Inc. |
KBH | 14.17 | -0.40 | -2.75% | KB HOME |
COH | 18.11 | -2.79 | -13.35% | COACH INC |
LEN | 9.15 | -2.27 | -19.88% | LENNAR CP CL A |
HAL | 19.01 | -2.15 | -10.16% | HALLIBURTON CO |
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Morgan Stanley and Citigroup are deep in talks about a merger of their respective brokerage operations, according to people familiar with the situation. The deal would be structured as a joint venture, but would involve a payment from Morgan Stanley to Citi of an undisclosed sum that would give Morgan the larger stake in the venture.
While Congress hammers out an economic stimulus plan, Social Security recipients are already reaping a windfall -- thanks to a quirk in the cost of living adjustment.
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The financial blogosphere lit up this week over three stories: Satyam, Steve Jobs, and risk management.
While last year was difficult for most investors, it was much less trying on Berkshire Hathaway -- whose leader has been named best chief executive of the year, even in spite of some controversial choices he made.
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See today's average savings rates across the country. Source: Bankrate.com
Savings Type | Today | Last Week |
---|---|---|
6 month CD | 2.05% | 2.17% |
1 year CD | 2.53% | 2.61% |
3 year CD | 2.71% | 2.82% |
MMA | 2.01% | 2.08% |
$10K MMA | 2.21% | 2.32% |
$25K MMA | 2.51% | 2.63% |
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