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This morning's disappointing jobless claims number hints that the jig is up and the economy's set for another dip. There is no way to put a rosy spin on this morning's news that new claims for jobless benefits increased. Initial claims jumped up by 36,000 to 482,000 for last week (the week through Jan 16th).

First Commons Bank, a new bank located in Newton, MA is offering a 1.5% APY on a 13-month breakable CD.

Municipal bonds survived last week with slightly lower yields, a flatter yield curve, tighter credit spreads, and aggressive price bumps in many of the larger primary market loans. These were all despite a large new issue calendar, another downgrade for California, and a rally in Treasuries that made tax-exempts a relative drag on performance.

Most people, as well as politicians and the government, think unemployment is lower than 10% nationally. At least that's what they'd have you believe. Well don't believe it!

The U.S. housing market beginning no later than the fall of 2010 will start the next leg down of the housing market correction. The fall of 2010 is when the next spike in U.S. mortgage resets kicks-in along with the yearly seasonal downturn in the housing market.

I've been very pessimistic on the US economy for most of the last 9 months, but Scott Brown's victory leads me to believe that we entering a new period of growth and stability.

The first-time homebuyer's credit has been extended until the end of April 2010. But what will it mean for the real estate market overall?

Franklin Synergy Bank is offering a 2.15% APY 12-Month CD. That's currently the best 1 year cd rate according to the BestCashCow rate tables.

A survey commissioned by ING Direct has some interesting findings on American attitudes towards savings and debt.