Archive for December, 2009
New and improved mortgage forms
Starting Jan. 1, new rules go into effect that simplify and clarify exactly what mortgage lenders will charge for a loan.
Treasurys fall on jobless claims drop
Treasury prices fell Thursday after a government report showed that initial jobless claims dropped more than expected last week, signaling a stronger economy and dimming the appeal of bonds as safe havens for investors.
Farewell to an ugly decade
Call the last 10 years whatever you want: the Naughty Aughties, the Awful Aughts or the Zilches are all appropriate. If you are an investor, you’re probably thankful the decade is over and are longing for better times ahead in the Teens.
Stocks slip on last day of 2009
Stocks slipped Thursday afternoon in a thinly-traded session on the last day of 2009 as investors mulled a better-than-expected report on initial jobless claims at the end of a big year on Wall Street.
Tax showdown ahead on health reform
Democrats in the House and Senate are on the same page when it comes to health reform. They want it.
Oil nears $80
Oil prices rallied for a seventh straight session and neared $80 a barrel, as the market eyed the biggest annual gain in a decade.
AT&T ends partnership with Tiger Woods
Telecom giant AT&T Inc. announced Thursday that it has ended its business relationship with Tiger Woods.
Dollar weakens in year-end trade
The dollar softened against rival currencies Thursday at the end of a mostly quiet, holiday-shortened week.
Jobless claims fall to 17-month low
The number of Americans filing first-time claims for unemployment insurance fell sharply last week to the lowest level in 17 months, the government said Thursday. Analysts had expected an increase.
Stocks poised for early pop
Stocks were poised to open the final trading session of 2009 with modest gains after a report on initial jobless claims came in better than expected, giving investors even more reason to celebrate a year of solid market advances.
