An article on the Wall Street Journal website titled Debt-Cutting Will Slow Global Growth prophesized that debt cutting efforts by the United States and other countries, and by all the consumers, will slow economic growth for many years, which wouldn’t be a good thing for most economies.
It’s an interesting premise, and [...]
In a recent AP-GfK poll that pretty much got a “duh” response from me, it was reported that 82% of al Americans feel that 2010 will be a better year for their families than 2009, and 72% are optimistic for a good year for the country. That’s pretty strange since [...]
The final financial post of 2009 for Top Finance Blog, and I thought it would be interesting to see what the best and the worst financial news of the year was. There was way more bad news than good news, and to answer the question of which one we want [...]
Treasury Secretary Tim Geithner stated Wednesday that banks and other financial institutions need to do more to help end the credit crunch that they started. To whit, he said “This credit crunch is not over. “It may feel dramatically better for large companies, but it is not over for small [...]
I get the concept of looking at bad things in a good way. Still, seeing General Motors say that they lost $1.15 billion, yet will still be able to start paying off the bailout money from the government, seems, well, strange.
Yet, that’s what they’re saying, as they also announced that [...]
Okay, someone explain this one to me.
The Commerce Department put out a report that said spending in the U.S. went up .4% for the month of June, which is a good thing, I suppose, because it means people feel better about the economy overall. And yet, personal income [...]
Originally posted 11/13/08
A new web-based service can help you determine how healthy your financial life currently is. Thrive is a service designed by Loudwater Labs that uses downloaded financial data to come up with a numerical rating for your financial health. Thrive’s financial health rating is based on various [...]