A Democrat-sponsored bill to extend unemployment benefits by one year was introduced in the Senate Monday, but it is likely to face stiff opposition from Republicans. View full post on Latest financial news – CNNMoney.com
There is a tiny slice of the car business that targets the least credit-worthy customers and tries to get them into cars they can afford and pay for: “Buy Here, Pay Here” used car dealers. Recently they unexpectedly made the news when it was disclosed that Todd Combs, the man whom Warren Buffett hired to [...]
Big banks are having trouble restarting the foreclosure process after this fall’s “robo-signing” scandal, and the once booming market for foreclosed homes has been hit hard as a result. View full post on Latest financial news – CNNMoney.com
The court-appointed trustee trying to recover money stolen by Bernard Madoff has sued the Ponzi con’s relatives and former employees in a bid for $69 million. View full post on Latest financial news – CNNMoney.com
Amid concerns about an escalating debt crisis, European finance officials were meeting Sunday to work out details of a bailout for Ireland expected to be worth tens of billions of dollars. View full post on Latest financial news – CNNMoney.com
Worries about the health of some European economies, specifically Spain, Portugal, and Ireland are rearing their ugly head. View full post on Latest financial news – CNNMoney.com
Preliminary reports of Black Friday sales are starting to come in. The verdict so far: The crowds were bigger and people walked away with arms full of goodies, but shoppers spent only modestly more this year. View full post on Latest financial news – CNNMoney.com
Black Friday, the first major shopping day of the holiday retail period, has come and gone. View full post on Latest financial news – CNNMoney.com
U.S. Treasury prices increased across the board Thursday, as uncertainty over the European debt crisis pushed yields lower. View full post on Latest financial news – CNNMoney.com
Online sellers kick off the coming week with one of their biggest sales days of the year – Cyber Monday. View full post on Latest financial news – CNNMoney.com