Tuesday, September 9th, 2008
SAN FRANCISCO (MarketWatch) -- Crude futures closed Tuesday at their lowest level since April. Concerns over significant damage to energy infrastructure in the Gulf of Mexico from Hurricane Ike eased and key oil producers were expected to stand pat on production quotas. October crude dropped $3.08, or 2.9%, to close at $103.26 per barrel on the New York Mercantile Exchange.
Tuesday, September 9th, 2008
Apple CEO Steve Jobs presents a revamped line of iPod music players to an appreciative audience. The line includes lower prices for some models, new colors and a new shape for the iPod Nano. (Sept. 9)
Tuesday, September 9th, 2008
NEW YORK (MarketWatch) -- Interest-rate futures show traders started betting the Federal Reserve will lower its target interest rate from 2% at the end of this year, a sharp reversal from forecasts for rate increases less than a week ago. The December futures contract on Tuesday showed a 25% chance the central bank will reduce rates to 1.75% at its meeting that month. The Fed slashed rates from 5.25% starting last year and stopped in April. Policy makers meet in one week. Ten-year Treasury yields fell and the dollar declined as investors sought safety in light of declining U.S. equities and concerns about the health of Lehman Brothers Holdings Inc. .
Tuesday, September 9th, 2008
BOSTON (MarketWatch) -- Gregg Brewer, executive director of research for Value Line Inc., says the stock market is in flux, and no industry stands out as a "must get" right now.
Friday, September 5th, 2008
Remodel the kitchen. Yes, it is true. If you want more for your property, fix up the kitchen. Next, look at updating the bathrooms, starting with either the master bath or the one closest to the main entrance.
For investors looking to remodel their kitchens, picking a durable and good-looking countertop is a way to make the room both comfortable and practical. Kitchens are usually among the busiest rooms in the home, the place where families cook, eat, gather and entertain. It’s also the room that’s usually seen – and judged – by visitors and guests. Durability, ease of maintenance and appearance are important aspects to keep in mind when choosing a countertop. And the nicer and more expensive countertops, made from granite or quartz, for example, can also add value to your home. Read the rest of this entry »
Thursday, September 4th, 2008
GMAC and its ResCap unit plan to close all 200 GMAC Mortgage retail offices and cut 5,000 jobs, in a plan that could lead to savings of $1 billion.
Thursday, September 4th, 2008
If you're a true cheapskate, stay put. Moving is expensive and wasteful. Neal Templin's family would have come out ahead financially by staying put instead of moving to another city.
Thursday, September 4th, 2008
A few ideas for avoiding another housing crisis.
Thursday, September 4th, 2008
Harry Macklowe's main lender moved to foreclose on the former tycoon's largest development project.
Wednesday, September 3rd, 2008
Britain's Brown unveiled the first in a series of measures to prop up the housing market and boost his approval ratings.