Consumer Confidence At All-Time Low Consumer confidence sank to a record low in December and is expected to stay depressed for months as news of layoffs, store closings and other economic doom and gloom will likely continue to weigh on Americans. The consumer confidence index fell to 38 in December, down from 44.7 in November […]
Home Prices Post Record Drop
Home Prices Post Record Drop Home prices posted another record decline in October, falling 18% compared with a year earlier, according to the closely watched S&P Case-Shiller report. The 20-city index has posted losses for a staggering 27 months in a row. In October, 14 of the 20 cities set fresh price decline records. Many […]
Stopping Junk Mail
Stopping Junk Mail Junk mail… (not spam – the kind that finds its way to your postal mailbox) is not only a pain, it can also be a source of temptation for those on a budget. If you’d like to start the year with a cleaner mailbox, here’s a special delivery from money reporter Stacy […]
4 Ways To Fix Your Retirement
4 Ways To Fix Your Retirement 2008 was a year to forget when it comes to retirement nesteggs, but Money Editor Stacy Johnson offers up 4 things you can do to put your retirement savings back on track. (Video runs 1:21)… If you have any questions or comments about this video on your retirement, just […]
Mortgages: 2009 Advice
Mortgages: 2009 Advice With all the doom and gloom over housing, you might be surprised to know that this is a fantastic time to get a mortgage. Not if you have poor credit, to be sure. But you can get a great deal on a 30-year, fixed-rate, conforming loan these days if you have a […]
Credit Scores: New Threats
Credit Scores: New Threats A long-delayed update to the leading credit scoring formula is rolling out in 2009, offering a few advantages to consumers — and some serious new risks. FICO 08, the latest version of the FICO scoring model, was initially supposed to be introduced in the fall but was delayed by lawsuits between […]
Wall Street vs Main Street: Who Was Right in 2008?
Wall Street vs Main Street: Who Was Right in 2008? Who made more accurate financial predictions at the beginning of 2008… Wall Street or Main Street? Money Editor Stacy Johnson explains in this short (1:32) video… Keep watching our site… predictions for 2009 will be among the next videos we post here.
Real Estate Sales on the Decline
Real Estate Sales on the Decline According to the National Association of Realtors, sales in November plunged by 8.6 percent from October on a seasonally-adjusted basis to a 4.49 million annualized rate. For much of the prior six months, sales had been relatively stable — hovering in a narrow band of 4.9 million to 5.1 […]
Gasoline Tax: Can’t Win for Losing
Gasoline Tax: Can’t Win for Losing First, the government asks everyone to cut back on their driving to save gasoline. So, drivers started driving less, and buying less gasoline, and now lobbyists are saying we saved so much on gas, that not enough taxes are being raised to keep pace with the need for repairs […]
Dollar Store Duds
Dollar Store Duds Just because something costs a dollar, doesn’t make it the "better buy". As Money Talk editor Stacy Johnson explains, some items at dollar stores can actually cost you more. (Video runs 1:28)… Comments or questions? Use the comment link below. Remember, your email address is required to post a comment, but your […]
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