BLACK ONLINE NEWS NETWORK  www.blackfinancialtimes.com | Saturday, Jul. 4, 2009  
Breaking News  
Conference Call Services & Price
ATT and Verizon are conference call providers, web conference call, audio outbound conference call
Fannie, Freddie ease terms for mortgage refinance (Reuters)
Reuters - The Obama administration on Wednesday expanded its foreclosure prevention efforts to help a greater number of underwater homeowners refinance their mortgages.
AIG to sell consumer finance unit in Colombia (AP)
AP - American International Group Inc. on Wednesday said it agreed to sell all of its ownership interests in its consumer finance operations in Colombia, the latest in a recent string of asset sales by the embattled insurer to bolster its finances.
Freddie Mac gets another $6.1B from gov't (AP)
AP - Battered mortgage giant Freddie Mac received $6.1 billion in new funds from the Treasury Department to help offset its mounting liabilities, according to a regulatory filing submitted Wednesday.
U.S. mortgage applications fall to 7-month low (Reuters)
Reuters - U.S. mortgage applications plunged to a seven-month low last week as demand for home refinancing loans tumbled 30 percent, data from an industry group showed on Wednesday.
Thinking of Switching Financial Planners? (BusinessWeek Online)
BusinessWeek Online - You've got a dirty little secret. During long lunch breaks, or after work when everyone else heads home to their families, you're sneaking out to a secret rendezvous. You know what you're doing is perfectly justified, but you still feel a little bad afterwards. You never thought it would come to this. But here you are -- cheating on your financial planner.
Fed Holds Rates Steady (BusinessWeek Online)
BusinessWeek Online - With signs the economy is improving but still fragile, Federal Reserve policymakers held the Fed funds rate steady -- at zero to 0.25% -- on June 24, and maintained its pace of purchases of government debt at mortgage-backed securities.
Cold Food and Drink Recipes

Hot kitchens are great in the winter, but miserable in the summer. Work more cold meals into your menu, and you'll be rewarded with a cooler kitchen, a cooler you...

Featured Reader: Rachel, WA

Name: Rachel from Washington Your Favorite Source for Bargains: Grocery Outlet has awesome prices on fancy cosmetics and organic shampoos and toiletries. When the season is right the farmers market is a cool...

Frugal Summer Grilling

Have you gotten your grill out yet? If not, the Fourth of July weekend is the perfect time to do it. Keep your grilling costs down with these frugal recipes: Meat...

Repaying student loans gets easier

A new program links payments on federal student loans to income and forgives balances after 25 years. Those working in public service could have loans forgiven after 10 years.

Is it safe to bank by cell phone?

Thanks in part to banks' big investments in security technology, you're probably not dialing for disaster with mobile banking. But there are still ways to get stung.

Do smart women marry money?

It sounds easier to find a rich man than to find your own way financially. But I've got a 2-step plan that will make you both richer and happier.

Which are the worst states for tickets?

As the traditional summer driving season peaks, a drivers'-rights group ranks the states on driver friendliness. New Jersey? Fuhgeddaboudit.

Credit card rates, fees soar as new law looms

Caught between rising default rates and new legislation that will cap interest rates, banks are protecting profits by charging even their better customers more.

Financial Headlines

Cashing In On Coupons

Five Financial Health Tips For Unmarried Couples

Simpler College Aid Form Would Help Middle-Class Savers

Stock Picker's Secret To Building Wealth: Save Money

Want To Go To College In China?

Grads May Soon Repay Student Loans Based On Income

Latest Financial News

How To Value An Auto Dealership

Why You Will Fail When Raising Money

Only A Few Days Remain To Enter Our Contest

All The Ways Your Laziness Is Costing You

How Self-Made Titans Launched Their Empires

The Small-Business Balancing Act

   

Saving & Spending

Electric cars get a boost

Should you buy Top Tier gas?

Roth IRA beats 401(k) in key ways

Illness doesn't cancel out debt

Retirement account withdrawal

Credit

These Days Credit Cards Are Use 'Em or Lose 'Em

A Right and a Wrong Way To Use Credit

Chase to Increase Minimum Payment On Credit Card Balances

Credit and Debt News Roundup 6/24/09

Debt Collectors Sending Bills? Make Them Prove You Owe

66 Ways To Get Extra Money For Debt

   

More Financial News

These Days Credit Cards Are Use 'Em or Lose 'Em

A Right and a Wrong Way To Use Credit

Chase to Increase Minimum Payment On Credit Card Balances

Credit and Debt News Roundup 6/24/09

Debt Collectors Sending Bills? Make Them Prove You Owe

66 Ways To Get Extra Money For Debt

Other Financial News

FDIC Takes 2 Banks - 47 in 2009

No More Microsoft Money

Free Bill Pay Services

Some Benefit From Reward Checking, Some Pay

A Virus at the ATM?

When Laziness Costs Money

 

EXPRESSIONS

THE KNOWLEDGE NUT
Did you know that........ Your thumb is the same length of your nose?


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Services put discount-card bar codes into one spot

Ever feel loyalty-card overload?


Retirement account withdrawal

Whether you withdraw from an IRA or 401(k), the tax implications are usually the same.


U.S. mortgage applications climb from 7-month low (Reuters)

Reuters - U.S. mortgage applications climbed last week from a seven-month low, the Mortgage Bankers Association said on Wednesday, adding to emerging signs that the three-year housing market collapse may be abating.

Barter instead of using cash

This month's Frugal Sense winner uses her talents to barter for the items she wants or needs.

Great with credit, lousy with money

Credit scores are important, but having great scores doesn't mean you're doing everything right. If you fall for any of these 3 myths you could still get hurt.

'Lock in losses'? Go for it

Question: . I was laid off recently and want to roll over the substantial balance in my 401(k) into an IRA. But I don't know whether to do the rollover now and risk locking in losses or wait until the market recovers and then roll it over. What do you think? Steve, Wichita Falls, Texas

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- President Cool Plays It Right

- Major Study Highlights Weight Differences Among 3-19 Year-olds With Type 1 And 2 Diabetes - 91% of African Americans were obese

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- THE PROBE: Experts Suspect Failure Of Signal System, Operator Error

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- Beyonce open U.S. tour

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- 'Cash-for-Clunkers' Bill Passes in Bid To Revive Car Sales

  PRESS RELEASES THE WIRE
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