FDIC's Problem Banks List Balloons (TheStreet.com)
According to quarterly figures, insured commercial banks and savings institutions posted a profit of just $5 billion in the second quarter, the second-lowest quarterly total since 1991.
4 Ways to Make Cash Online (ThirdAge)
If today's economy has left you in need of more cash, consider this emerging trend: Millions are using the Internet -- and a minimal amount of time -- to bring home extra bacon.
Upbeat Prime Minister predicts economy will recover within six months (Daily Record)
GORDON Brown believes the British economy could pick up within six months, it emerged yesterday.
Bankrate: Mortgage Rates Fall But Spreads at 22-Year High (PR Newswire via Yahoo! Finance)
Mortgage rates retreated, with the average conforming 30-year fixed mortgage rate falling to 6.66 percent. According to Bankrate.com's weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.4 discount and origination points.
Insight: Patience the virtue of difficult times (FT.com via Yahoo! News)
In Othello, Iago tells Roderigo: "How poor are they that have not patience! What wound did ever heal but by degrees?" Impatience is often the undoing of Shakespeare's characters, and the same applies to investors in contemporary financial markets. The credit crunch has been under way for more than a year, recession has been in the air if not in the data for what seems like an eternity, and it ...
5 Offbeat Paths to Foreign Travel Deals (ThirdAge)
You can enjoy a unique style of foreign travel inexpensively -- or at least get a hefty tax break -- if you're willing to volunteer your time, your home or your knowledge.
The ABCDs of Tuition Reimbursement (ThirdAge)
Carl Jones works at Ball Aerospace and Technologies Corp. in Boulder, Colo., but he wants to be an astronaut. What will his employer think? Actually, Jones' employer not only supports his lofty ambitions, but pays for Jones to follow his star.
Top Ways To Trim College Costs (ThirdAge)
Dear College Money Guru, I'm only 15 years old, but after watching my parents put my sister through college, I realize they're going to need help. Since I don't have a college fund, how can I save or put away money strictly for college?
Junk Bond Defaults Rise As Economy Slows (Investor's Business Daily via Yahoo! News)
Defaults on consumer debt -- mortgages, credit cards, home equity loans -- have dominated the news and sent markets reeling in recent months. Now the next wave of defaults looms. And it's a growing roster of corporations that figure to be the deadbeats.
Viral credit crisis has a few fresh victims remaining (Pioneer Press)
With U.S. stocks and the dollar on the upswing and commodities heading south, hope springs eternal that the worst of the credit crisis may be behind us.