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neophyteblogger / Submitted

Consumers' mood boosted by lower prices in December

Posted by neophyteblogger 1252 days ago (http://uk.reuters.com)
Category: Economy | Tags: consumer lower prices
Consumer confidence rose in December due to declining prices, although job losses and falling income continued to weigh on sentiment, a survey showed[...] read more »
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New cruise ships even bigger, and so are bargains

Posted by neophyteblogger 1254 days ago (http://seattletimes.nwsource.com)
Category: Economy | Tags: cruise ships economy
The economy may be sailing slowly these days, but that hasn't stopped cruise lines, which are introducing a half-dozen new ships. read more »
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Soaring rates shove credit card holders into crushing debt

Posted by neophyteblogger 1254 days ago (http://www.poughkeepsiejournal.com)
Category: Economy | Tags: credit card holders debt
Aggressive rate increases on credit cards are threatening to push struggling consumers into financial ruin, accelerating home foreclosures and the na[...] read more »
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Retailers pushing holiday sales as storm looms

Posted by neophyteblogger 1254 days ago (http://www.reuters.com)
Category: Business | Tags: holiday sales retailers
Retailers opened their doors early to recession-weary shoppers on Saturday in a final, frenzied push to save holiday sales with the added disruption [...] read more »
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Volunteers, donors fulfill wishes through Salvation Army's Angel Tree program

Posted by neophyteblogger 1254 days ago (http://www.dallasnews.com)
Category: Business | Tags: salvation army's angel tree program
Nicholas Menyweather, 3, believes that the stuffed horse he wants for Christmas will come from Santa Claus. The actual distribution system is more co[...] read more »
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Weather, Discounts Collide as Holiday Shoppers Dither

Posted by neophyteblogger 1254 days ago (http://www.bloomberg.com)
Category: Business | Tags: discounts holiday shoppers weather
Shoppers’ search for bargains during a recession may be disrupted by wintry weather in parts of the U.S. as the holiday-shopping season enters what m[...] read more »
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How to Steer Clear of Shady Advisers

Posted by neophyteblogger 1254 days ago (http://online.wsj.com)
Category: Business | Tags: bernard madoff ponzi scheme
Bernard Madoff's alleged Ponzi scheme took a devastating toll on scores of victims. But any investor can draw important lessons from the tale of the[...] read more »
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Around the Nation

Posted by neophyteblogger 1254 days ago (http://www.washingtonpost.com)
Category: Business | Tags: airliner leaves runway burns in denver
A Continental Airlines jet taking off from Denver veered off the runway into a ravine and caught fire Saturday night, forcing passengers to evacuate [...] read more »
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Downturn Will Test Obama’s Vision for an Energy-Efficient Auto Industry

Posted by neophyteblogger 1254 days ago (http://www.nytimes.com)
Category: Business | Tags: barack obama chrysler general motors
President-elect Barack Obama leveled a stern warning at General Motors and Chrysler last week after the federal government promised them billions to [...] read more »
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UPDATE: EDF, Constellation Deal On Nuclear Assets Buy -Source

Posted by neophyteblogger 1258 days ago (http://money.cnn.com)
Category: Business | Tags: electricite de france energy group inc
French utility giant Electricite de France (1024251.FR) has reached a deal with U.S.-based Constellation Energy Group Inc. (CEG) to acquire 50% of Co[...] read more »
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Motorola to freeze salaries, pensions

Posted by neophyteblogger 1258 days ago (http://www.marketwatch.com)
Category: Economy | Tags: freeze salaries motorola pensions
Responding to a global recession, Motorola Inc. said Wednesday morning that it will freeze its pension plan and employee salaries, suspend matching 4[...] read more »
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House panel to examine Madoff, oversight

Posted by neophyteblogger 1258 days ago (http://www.marketwatch.com)
Category: Business | Tags: $50 billion ponzi scheme madoff
A key lawmaker announced plans Wednesday to investigate investment manager Bernard Madoff, arrested on allegations that he ran a $50 billion Ponzi sc[...] read more »
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US home loan rate flat after Fed cut, headed lower

Posted by neophyteblogger 1258 days ago (http://www.reuters.com)
Category: Business | Tags: federal reserve us home loan
An aggressive rate cut by the Federal Reserve on Tuesday did little to lower U.S. home loan costs, but the Fed's promise to expand a massive mortgag[...] read more »
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Air Products to axe 7 pct of its workforce

Posted by neophyteblogger 1259 days ago (http://www.reuters.com)
Category: Economy | Tags: air products workforce
Industrial gas supplier Air Products (APD.N: Quote, Profile, Research, Stock Buzz) said it will axe about 7 percent of its global workforce, while cu[...] read more »
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Court rules against Altria on light cigarettes

Posted by neophyteblogger 1259 days ago (http://www.reuters.com)
Category: Business | Tags: altria light cigarettes
Tobacco firms can be sued under state law for deceptive advertising of "light" cigarettes, the U.S. Supreme Court ruled on Monday in a decision tha[...] read more »
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