Tip'd

A community for financial news, ideas, and tips

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Bush to Hold Global Financial Summit on Nov. 15

President Bush will host a summit on Nov. 15 in the Washington, D.C., area to discuss the global financial crisis and ways to prevent it from happeni[...] read more »
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Recession fears drag shares lower

US stocks fell in morning trading in New York, echoing declines in Europe and Asia as fears of a global recession continued to hit investor confidenc[...] read more »
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Consumer Group Demands Cuts in Mortgage Rates

A leading consumer group is calling on banks to cut their standard variable mortgage rates in line with reductions in the base rate. read more »
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Financial crisis: Norwich Union imposes exit penalties of up to 22 per cent

The insurer will impose exit penalties - known as Market Value Reductions (MVRs) - of between 13 and 22 per cent. This will effectively reduce the va[...] read more »
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Fed makes new move to help bust credit logjam

The Federal Reserve on Tuesday introduced a new program to finance the purchases of assets from money market mutual funds as the government continued[...] read more »
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Evolution buys Singer & Friedlander investment mgt ops

The agreement with the administrators of Kaupthing Singer & Friedlander, which has been in administration since October 8, and certain subsidiaries o[...] read more »
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Financial Establishment 'Failing Young Adults'

Young adults will be most at risk during a recession in the UK because they have been failed by the financial establishment, it has been claimed. Acc[...] read more »
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Tip'd: Brand new online community for business, financial news and ideas

Tip'd is a brand new online community for business, financial news, ideas, and other tips. Given the important political decisions ahead and the sta[...] read more »
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More Councils Hit By Iceland Woes

Last Thursday, the Local Government Association had reports from its member authorities that 108 councils had deposited £798.95m in Icelandic banks. read more »
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A Look at Steve Fossett's Super Secret Flying, Diving, Space Bound Submersible

Unbeknownst to most of the world, the late super rich adventurer Steve Fossett had started work on an amazing flying submersible that would one day t[...] read more »
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Amazon's Kindle 2 leaked

After rumors surfaced on the Web a few months back that a new Kindle might be on the way, Amazon.com did its best to shoot them down, saying a new Ki[...] read more »
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Dow plummets record 777 as financial rescue fails

The failure of the bailout package in Congress literally dropped jaws on Wall Street and triggered a historic selloff — including a terrifying declin[...] read more »
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Where do you turn for financial advice?

My next door neighbour is always asking me which energy company he should be signed up with, and one of my brothers rings me up on a fairly regular b[...] read more »
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Buffett Deal at Goldman Seen as a Sign of Confidence - NYTimes.com

Warren E. Buffett, the country’s most famous investor and one of the world’s richest men, announced on Tuesday that he would invest $5 billion in Goldman Sachs, the embattled Wall Street titan, in a move that could bolster confidence in the financia[...] read more »
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Double jeopardy | News.com.au Smart Investing Blog

As our super savings are rocked by highly volatile investment markets, operators of illegal early-access super schemes are still hard at work.This is truly a double jeopardy for the unfortunate fund members who are lured into these arrangements. read more »
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