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Non-Farm Payroll Numbers So Bad that Even Larry Kudlow Will Need to Put Aside His Unbridled Optimism
The U.S. recession deepened last month as U.S. companies shed jobs at the fastest rate in more than 30 years, pushing the unemployment rate to its highest level in 15 years
Read →Do you have car or life insurance through the AARP? If so, you might want to check to make sure you are getting the best deal.
Read →Schwab is launching a new credit card called the Bank Invest First Visa Signature Card that rebates 2% back on purchases. That's one of the highest rebates percentages I've seen.
Read →The State Bank of India has upped the ante in the rate game and has bucked the trend of recent rate decreases. It now has the top 6 month and 12 month certificate of deposit (CD) rate.
Read →For the first time in 50 years the dividend yield on the S&P 500 beats the yield on 10 Year Treasury Notes. Does this mean anything?
Read →Goldman Sachs announced it apparently weighing opening an internet bank, according to the Wall Street Journal.
Read →Harvard has lost extraordinary amounts of money. Harvard will survive, but the question is what this signals for other non-profits that cannot absorb these types of losses.
Read →Here is a risky strategy that I am following as interest rates move lower.
Read →DollarSavingsDirect, an online division of Emigrant Bank is offering a 16 month CD at 4% APY.
Read →Harvard today announced that its endowment had dropped by 22% or $8 billion. The loss is greater than the total endowments of all but 4 universities. This marks the popping of one of the last bubbles - higher education.
Read →Online brokers are stepping up in a bid to grab customers amid a volatile market. Etrade is offering up to $500 cash for users who join its Power ETrade program.
Read →Bill Gross, who manages the largest bond fund in the world for Pimco posted an interesting column in which he made the case that stocks are not inexpensive when you consider that the leveraged finance model is dead. I thought these were wise words.
Read →The National Bureau of Economic Research says we entered a recession in December 2007. This raises a bunch of interesting questions.
Read →15 to 20 years ago, CNN set a new standard in broadcast journalism. The Mumbai attacks shows what a disaster it has become.
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