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Blog Profile / Daily Finance

Filed Under:Business & Finance / Investing
Posts on Regator:389
Posts / Week:1.1
Archived Since:February 5, 2008

Blog Post Archive

Market Wrap: Stocks Slip as Investors See Weakness Overseas

Spencer Platt/Getty Images By MATTHEW CRAFT NEW YORK -- Concerns over weaker global economic growth appeared to outweigh a pair of strong reports on the U.S. economy Tuesday, nudging stocks to a tiny loss. Crude oil prices sank 3 percent, pulling down stocks of oil producers. Show More Summary

Back to School Tip: Best Places to Find Homework Help Online

Getty Images For many parents, sending the kids back to school means afternoons of extra driving, mad scrambles to get dinner on the table, and helping kids with homework -- if there's time. Often, there isn't. One solution is getting help from a tutor. Show More Summary

Atlantic City's Revel Casino Goes Dark After Just 2 Years

Mel Evans/AP By WAYNE PARRY ATLANTIC CITY, N.J. -- Revel Casino Hotel opened with a bang a little more than two years ago amid high hopes of turning around Atlantic City's struggling casino market. But the $2.4 billion resort went out...Show More Summary

Dollar General Boosts Bid for Family Dollar

Janet S. Carter/AP GOODLETTSVILLE, Tenn. -- Dollar General (DG) is boosting its bid for rival Family Dollar (FDO) to approximately $9.1 billion and says it's now willing to more than double the number of stores it would shed to avoid trouble with regulators. The newest bid from Dollar General is worth $80 a share, up from $78.50. Show More Summary

For Bonds, It's Not About the Fed Anymore

Jim Watson, AFP/Getty ImagesFederal Reserve Chair Janet Yellen By Alex Rosenberg | @CNBCAlex It used to be common knowledge that the Treasury trade was all about the Federal Reserve. Once the Fed stopped buying bonds and started talking...Show More Summary

Market Wrap: Blame Ukraine Again as Stocks Dip

Sergei Supinsky/AFP/Getty ImagesUkrainian President Petro Poroshenko By ALEX VEIGA U.S. financial markets ended slightly lower Thursday, marking their first loss in a week of record highs. The escalating conflict in Ukraine, disappointing retail earnings and profit outlooks combined to weigh down the market, eclipsing some good news on the U.S. Show More Summary

SEC Stiffens Rules on Loan-Backed Securities

Mandel Ngan, AFP/Getty ImagesSecurities and Exchange Commission Chair Mary Jo White By MARCY GORDON WASHINGTON -- Financial firms that sell securities backed by loans, such as the kind that fueled the 2008 financial crisis, will have...Show More Summary

Do You Really Want McCafe in Your Keurig?

Scott Olson/Getty Images In a few months, morning commuters hitting the McDonald's (MCD) drive-thru window won't be the only ones enjoying McCafe coffee. McDonald's is teaming up with Kraft Foods (KRFT) to distribute its packaged java...Show More Summary

U.S. to End Fiscal 2014 With Slightly Higher Deficit

J. Scott Applewhite/AP By Mark Felsenthal WASHINGTON -- The U.S. budget deficit for fiscal year 2014 will be an estimated $506 billion, a slight increase from the $492 billion projected in April, based on lower-than-expected corporate tax receipts, the Congressional Budget Office said Wednesday. U.S. Show More Summary

More Consumers Apply for Mortgages in Latest Week

Shutterstock By Luciana Lopez NEW YORK -- Applications for U.S. home mortgages rose last week as demand for both refinancing and purchase loans increased, an industry group said Wednesday. The Mortgage Bankers Association said its seasonally...Show More Summary

Case-Shiller: Home Prices Fall in June

Mike Kane/Bloomberg via Getty ImagesT By Sam Forgione NEW YORK -- U.S. single-family home prices fell in June and disappointed expectations, a closely watched survey said Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas declined 0.2 percent in June on a seasonally adjusted basis. Show More Summary

McDonald's Real Trouble: It's Losing the Millennials

AP/Charles Rex Arbogast McDonald's (MCD) is still the king -- sorry Burger King (BKW) -- but a lot of competitors are making it's reign uneasy. The company is losing ground among a key demographic -- people in their 20s and 30s. These...Show More Summary

Why Some Foreclosures Now Sell at Above-Market Prices

Jim R. Bounds/Bloomberg via Getty Images By Jerry Kronenberg BOSTON -- Many Americans assume that homes facing foreclosure sell for deep discounts, but a detailed analysis of some 4 million recent sales shows that certain kinds of distressed...Show More Summary

Last Week's Top Stock Movers: Trading on Trading; Dollars and Scents

D Dipasupil/FilmMagicJustin Bieber's Someday perfume. Plenty of stocks go up and down in any given week. The gainers inspire us to keep investing. The decliners keep greed in check while reminding us about the risks of the equity markets. Let's...Show More Summary

Dollar Stores In Battle to Double Down on Poor

David Paul Morris/Bloomberg via Getty Images By Jilian Mincer and Lisa Baertlein Like millions of Americans, Darnel Ware needs to save money, even if it's 40 cents on a bag of flour. He searches for those savings during his daily visits...Show More Summary

Hotel Surcharges Another Headache for Fee-Weary Travelers

John Locher/APGuests wait in line to check into the Bellagio hotel in Las Vegas. By SCOTT MAYEROWITZ NEW YORK -- Forget bad weather, traffic jams and kids asking, "Are we there yet?" The real headache for many travelers is a quickly-growing...Show More Summary

McDonald's Names New U.S. President -- Again

Vincent Yu/AP By CANDICE CHOI NEW YORK -- McDonald's named a new president for its struggling U.S. division Friday, marking the second change in the high-profile spot in less than two years. The world's biggest hamburger chain says it's bringing back a longtime McDonald's executive, Mike Andres, to fill the role effective Oct. Show More Summary

Investors Await Hints of Rate Increase in Yellen Speech

John Locher/APFederal Reserve Chair Janet Yellen By MARTIN CRUTSINGER WASHINGTON -- Two days after the Federal Reserve revealed an intensifying internal debate over interest rates, Chair Janet Yellen will address the annual Fed conference...Show More Summary

How Much of Their Nest Egg Should Retirees Spend Per Year?

John Kuczala If you're among those fortunate enough to have saved enough to retire comfortably, you'll still face this annual dilemma: How much of that stash can you spend each year? There are more than 76 million baby boomers in the United States, and they'll be retiring at a rate of about 3 million a year. Show More Summary

Sears Posts Loss for 9th Straight Quarter as Sales Slip

Daniel Acker/Bloomberg via Getty Images By Shailaja Sharma Sears Holdings (SHLD), owner of Sears department stores and Kmart discount chain, reported its ninth straight quarterly loss Wednesday, as sales continued their decade-long fall. Loss attributable to shareholders widened to $573 million, or $5.39 a share, in the second quarter ended Aug. Show More Summary

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