(Money Magazine) — Rather than wait until the summer for your next vacation, take off before Memorial Day. The smaller crowds — and big savings — are well worth the rush. Beat the pack to Europe: Early to mid-May is a great time to visit the French Riviera, says Expedia ...
Out of all of the candidates, former Massachusetts Gov. Mitt Romney owns the most real estate, including a townhouse in Boston and this beachfront home in La Jolla, Calif. Romney bought the home in May, 2008 for $12 million, according to public records. Now, he is planning a massive overhaul ...
NEW YORK (CNNMoney) — Even though consumer confidence continues to tumble, household debt remains near record highs and economists are warning of another recession, the issuance of new credit cards is soaring — especially to the riskiest of borrowers. The total number of bank cards, or credit cards issued by ...
NEW YORK (CNNMoney) — Citigroup acknowledged that a hack attack last month stole millions of dollars from customers’ credit card accounts. Citigroup (C, Fortune 500) told CNN that about $2.7 million was stolen from about 3,400 accounts on May 10. The hackers actually accessed a much greater number of accounts: ...
Microsoft announced in May it was buying Skype for $8.5 billion, its biggest-ever acquisition, placing a rich bet on mobile and the Internet to try and best rivals such as Google Inc. The approval was announced in a listing of deal approvals that comes out several times a week. Microsoft’s ...
Energy May. 282011 – 2:21 pm | 4,165 views | 0 recommendations| Men who consumed six or more cups per day had a lower adjusted relative risk for overall prostate cancer compared with nondrinkers.
Tech May. 202011 – 12:26 pm | 0 views | 0 recommendations| WebMD shares are trading higher Friday after Goldman Sachs analyst Ingrid Chung upped her rating on the online medical information company to Buy from Hold, setting a $60 price target on the stock.
May. 172011 – 10:19 am | 0 views | 0 recommendations| On Thursday, Abbott Laboratories’ heart drugs Tricor and TriLipix will face an FDA advisory panel which will examine how the medicines should be used given the lack of evidence for them. Although this controversy has flown under the radar ...
May 4, 2011, 3:20 pmBy ANN CARRNS JPMorgan Chase quietly ended a test in which it was charging a hefty $4 or $5 fee for non-Chase customers in two states for access to its A.T.M.’s. The change was noted this week by The Consumerist and others, although the pilot ended ...
A FORMER director of Babcock & Brown has told a court he thought the investment bank was well prepared to weather economic turmoil. The prognosis was made just 10 months before the investment bank failed due to mounting debt. Michael Sharp, a non-executive director of B&B from September 2004 to August ...
The rupee may trade between 212 cents and 214 cents per 100 rupees this week. The rupee fell in the beginning of last week toward 210 cents. This was the lowest level seen since 25 May. On 21 July foreign fund net outflows from India’s debt market stood at $139 ...
The euro may continue to trade between $1.24 and $1.27 this week. The euro rose to $1.2679 on 8 July, a 6% increase from a month ago when it settled at $1.1939, on 8 June. The European Central Bank’s (ECB) net lending to banks in Europe declined last week as ...
WASHINGTON — For the first time in six months, the federal unemployment report to be released Friday will likely show a net loss of jobs. But hold off on the panic button. It’s true that employers are expected to have cut more than 100,000 jobs ...
PERPETUAL says last month’s sharemarket rout wiped $1.5 billion from the value of its funds under management, and it expects the market to trade close to current levels for some time. The listed fund manager said funds under management at the end of May were $27.5bn, down from $29bn at ...
British currency, the pound recovered against other major currencies Wednesday as a report indicated that U.K’s unemployment rate fell in May. The number of people claiming Jobseeker’s allowance in the U.K. decreased 30,900 to reach 1.48 million in May, the Office for National Statistics said Wednesday. The pound that hit ...
May’s stock market selloff was predictably unhelpful for retirement savers. The market decline wiped more than 4 percentage points off the typical corporate pension plan’s funding status, Bank of New York Mellon said. The decline leaves the average program 82% funded – its lowest level since last October. Not good ...
The rupee may try to move firmly above 216 cents per 100 rupee this week. This may depend largely on investor sentiment toward Europe’s sovereign debt problems, but also on investor sentiment toward developing markets. The rupee declined for most of last week before recovering sharply on Friday 28 May. ...
