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  Petrobras sells 64 bln dlrs of stock to fund oil exploration (AFP) 3 Sep 2010 at 4:57pm AFP - Brazil's Petrobras unveiled one of the world's biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil exploration aimed at turning Brazil into a leading oil exporter of the 21st century. MGIC added $1.2B in mortgage coverage in August (AP) 3 Sep 2010 at 2:50pm AP - Private mortgage insurer Mortgage Guaranty Insurance Corp. said Friday it added $1.2 billion in new primary insurance coverage in August and the number of delinquent loans it insures declined. Sirius XM Has a Stern Decision to Make (The Motley Fool) 3 Sep 2010 at 11:43am The Motley Fool - Satellite-radio star Howard Stern is negotiating in public again. 5 Tax Moves to Make Now (U.S. News & World Report) 2 Sep 2010 at 2:16pm U.S. News & World Report - It may seem a bit strange to be talking about income taxes in September. There are, however, good reasons to think about taxes well before April 15. For starters, there are some big changes in the tax code that go into effect in 2011. Depending on your income tax bracket and investments, some simple planning now could save you a bundle later. Summary Box: Mortgage rates hit low of 4.32 pct. (AP) 2 Sep 2010 at 1:22pm AP - RECORD LOWS: Mortgage rates fell to the lowest levels in decades for the tenth time in 11 weeks, mortgage buyer Freddie Mac said Thursday. The average rate for a 30-year fixed loan was 4.32 percent. The 15-year fixed loan hit 3.83 percent. How to Get a Government-Backed, Zero-Down-Payment Mortgage (U.S. News & ... 2 Sep 2010 at 1:13pm U.S. News & World Report - More than four years after real estate values peaked, the historic plunge in home prices remains fresh in the minds of mortgage lenders. After taking painful losses on delinquent home loans, banks have imposed tougher standards--such as increased credit scores and higher down payment requirements--on applicants of all stripes. And as investors fled for the hills, the exotic mortgage products that helped fuel the real estate boom have largely disappeared from the pri... 5 Reasons You Should Buy Your Latte (U.S. News & World Report) 2 Sep 2010 at 12:51pm U.S. News & World Report - The Latte Factor, a term coined (and trademarked) by personal finance guru David Bach, is one of the most talked about concepts in the world of personal finance. But it might be based on faulty math. The Next 4 Dot-Com Buyouts (The Motley Fool) 2 Sep 2010 at 12:29pm The Motley Fool - Shares of Salary.com (Nasdaq: SLRY - News) -- a small provider of human resources applications on the cloud -- soared 43% yesterday, after agreeing to be acquired by larger rival Kenexa (Nasdaq: KNXA - News). Mortgage rates hit record low: Freddie Mac (Reuters) 2 Sep 2010 at 11:25am Reuters - U.S. mortgage rates fell in the past week to the latest in a series of record lows as yields on government debt dropped, according to a survey released on Thursday by Freddie Mac, the second-largest U.S. mortgage finance company.  Mortgage rates hit decades-low of 4.32 percent (AP) 2 Sep 2010 at 10:27am AP - Mortgage rates fell to the lowest level in decades for the tenth time in 11 weeks, as investors worried about the economy. (AP) 2 Sep 2010 at 5:14pm AP - Coast Guard: no sign of oil leak after Gulf platform fire, but crews continue to monitor. No bank account? Get your tax refund on plastic (AP) 2 Sep 2010 at 8:18am AP - A new Treasury Department program to give people without bank accounts faster access to their tax refunds will help some avoid costly short-term loans. But careless consumers could end up racking up fees and padding bank profits. Why It's Harder to Be a Clueless Consumer (U.S. News & World Report) 1 Sep 2010 at 3:54pm U.S. News & World Report - American consumers hate being told what to do, and to prove it, we routinely make choices that are irrational and counterproductive. We make impulse purchases we can't afford. We build bigger houses than we need, chaining ourselves to an onerous mortgage for years. We drive rugged, four-wheel-drive vehicles even though we never leave the pavement. We buy Snuggies. 5 Ways to Simplify Your Personal Finances (U.S. News & World Report) 1 Sep 2010 at 12:42pm U.S. News & World Report - If you're combining your life with a new spouse, moving from one house to another, or just frustrated with the amount of documentation you have filed (or unfiled) in your basement, it's a good time to simplify your finances. Simplification is not only practical, it is beautiful. This is the concept of kanso, a Japanese aesthetic usually applied to gardens. Through a stretch of the mind, we can apply this beauty to our lives and our finances. Mortgage applications rise 2.7 pct on low rates (AP) 1 Sep 2010 at 11:41am AP - Mortgage applications rose 2.7 percent last week as more borrowers took advantage of the lowest rates in decades to reduce their monthly loan payments. The Great Value Investors Are Heading West (The Motley Fool) 1 Sep 2010 at 11:26am The Motley Fool - When Berkshire Hathaway (NYSE: BRK-A - News) was buying railroad company Burlington Northern last December, Warren Buffett told Matt Rose: "I've seen what's been done here [in the U.S.]. I think I know how the country is going to develop. I think the West is going to do well. I'd rather be in the West than the East. So I really don't have much of a worry about that." The True Risk of Bond ETFs (The Motley Fool) 1 Sep 2010 at 10:14am The Motley Fool - In coming up with ways to protect their portfolios, many investors draw on lessons learned from their most recent mistakes. Unfortunately, most people right now are taking the lessons they learned from the 2008 bear market and buying bonds, which could easily prove to be far riskier than they thought. Downsize for a More Affordable Retirement (U.S. News & World Report) 31 Aug 2010 at 3:48pm U.S. News & World Report - Most people think retirement planning is about saving, investments, and the timing of retirement account withdrawals and Social Security benefits. Ensuring you have sufficient income is definitely one of the most important aspects of retirement planning. But so is controlling your expenses. One way you can do that is by downsizing your current lifestyle. Here is how controlling costs can help you prepare for retirement and still enjoy a nice standard of living. Ron Paul: Financial Reform Solved Nothing (The Motley Fool) 31 Aug 2010 at 3:48pm The Motley Fool - "The American people will never again be asked to foot the bill for Wall Street's mistakes. There will be no more taxpayer-funded bailouts. Period."-- President Barack Obama, after passage of financial reform legislation Summary Box: AIG's sale of Taiwan unit on rocks (AP) 31 Aug 2010 at 1:46pm AP - NO WAY: Taiwanese regulators have rejected Primus Financial Holdings' planned purchase of AIG's Taiwan life insurance unit. Click here to view the "7 Reasons Why You Need XSitePro Now!" video About Susanna | Testimonials |
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