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Tuesday, September 30
Fred Harteis News Articles - Senate Leaders Pledge Action on Bailout
by
maba
on Tue 30 Sep 2008 11:34 AM EDT
Fred Harteis News Articles - President Bush and Senate leaders of both parties vowed on Tuesday to work toward quick approval of a financial bailout plan despite the House’s rejection of a $700 billion proposal that the White House had negotiated with Congressional leaders of both parties.
“We are at a critical moment for our economy,” the president said. “Congress must act.”
Senators Harry Reid of Nevada, the Democratic majority leader, and Mitch McConnell of Kentucky, the Republican minority leader, echoed the president’s determination on Tuesday.
“We ... more »
Monday, September 29
Fred Harteis News Articles - Dow Falls More Than 400 Points
by
maba
on Mon 29 Sep 2008 11:37 AM EDT
Fred Harteis News Articles - The Dow Jones industrials dropped suddenly on Monday afternoon after the bailout plan being voted on by the House of Representatives failed to pass
The Dow, which had been trading down about 300 points for most of the afternoon, fell to a 600-point deficit before recovering slightly. The index was down more than 550 points as lawmakers scrambled, but failed, to round up votes to pass the package.
The House on Monday defeated the bill by a vote of 228-205.
The Standard ... more »
Thursday, September 25
Fred Harteis News Articles - Status of Debate Remains Uncertain
by
maba
on Thu 25 Sep 2008 10:05 AM EDT
Fred Harteis News Articles - With their first presidential debate awash in uncertainty, Senator Barack Obama interrupted his preparations in Florida and arrived here Thursday afternoon to join Senator John McCain for an extraordinary White House meeting intended to spark an agreement on the $700 billion government plan to bail out the nation’s financial institutions.
By the time Mr. McCain arrived in Washington around noon, congressional leaders announced that a broad agreement had been reached on a bailout package despite reluctance on the part of conservative Republicans in ... more »
Wednesday, September 24
Fred Harteis News Articles-Drug Maker to Report Fees to Doctors
by
maba
on Wed 24 Sep 2008 11:30 AM EDT
Fred Harteis News Articles - In the midst of a national debate over the influence of industry money on medical research and practice, the drug maker Eli Lilly says it will begin publicly reporting all of its payments to outside doctors for speaking and consulting services.
The company’s chief executive, John C. Lechleiter, announced on Wednesday that starting next year it intends to post all its payments to doctors in an online database. The posting will “likely include” the name of the doctor or some other identifying information, along ... more »
Tuesday, September 23
Fred Harteis News Articles - Google and T-Mobile Introduce Phone With PC Features
by
maba
on Tue 23 Sep 2008 10:31 AM EDT
Fred Harteis News Articles - In the latest of a string of challenges to Apple’s popular iPhone, Google and T-Mobile on Tuesday introduced the first mobile phone powered by Google’s Android software, which they hope will bring PC-like features to millions of cellphone users.
The $179 T-Mobile G1, as the device is known, has a large color touch screen that slides out to expose a full keyboard, as well as a 3-megapixel camera. The phone’s software provides an Internet browser and easy access to many of Google’s services, including search, ... more »
Monday, September 22
Fred Harteis News Articles - Stocks Drop on Lingering Fears About Wall St. Bailout Plan
by
maba
on Mon 22 Sep 2008 10:43 AM EDT
Fred Harteis News Articles -Anxiety lingered in the stock market on Monday as Washington lawmakers hashed out the details of the biggest government bailout in history — a politically fraught process that will create a new slate of winners and losers on Wall Street.
That uncertainty, about a shaken financial system still in flux, helped send stocks lower. The Dow Jones industrials lost more than 250 points by early afternoon, and the broader Standard & Poor’s 500-stock index was down about 2.5 percent.
Investors were also cowed by ... more »
Friday, September 19
Fred Harteis News Articles - Managing credit card changes
by
maba
on Fri 19 Sep 2008 01:13 PM EDT
Fred Harteis News Articles - Your credit card terms may be getting a makeover, for the worse. Thanks to the ailing economy, a tight credit market and banking woes, credit card issuers are increasing fees or slashing risk. Here's what you need to know.
1. Know the changes
First, interest rates on credit cards are trickling higher, says Curtis Arnold of Cardratings.com. In addition, fees on balance transfers are going up. Credit lines have been cut up to 50% in some cases he says. Reward cards carry more strings; ... more »
Thursday, September 18
Fred Harteis News Articles - Money Market Funds Enter a World of Risk
by
maba
on Thu 18 Sep 2008 11:09 AM EDT
Fred Harteis News Articles - Money market funds have been among the few places that investors could put their cash and sleep peacefully.
At the moment, that is not necessarily true.
On Tuesday, the Reserve Primary Fund, a giant money market fund whose parent helped invent that investment, said its customers would lose money. Instead of each share being worth a dollar for every dollar invested, it said its customers’ shares were worth only 97 cents. In Wall Street parlance, it “broke the buck,” a rare occurrence.
So ... more »
Wednesday, September 17
Fred Harteis Health News - Got a fat gene? Get active for 3-4 hours a day
by
maba
on Wed 17 Sep 2008 12:06 PM EDT
Fred Harteis Health News- Maybe you CAN blame being fat on your genes. But there's a way to overcome that family history — just get three to four hours of moderate activity a day. Sound pretty daunting? Not for the Amish of Lancaster County, Pa., who were the focus of a new study on a common genetic variation that makes people more likely to gain weight. It turns out the variant's effects can be blocked with physical activity — lots of it.
Scientists believe about 30 percent of white ... more »
Tuesday, September 16
Fred Harteis News Articles - Bush Visits Texas as Recovery Efforts Continue
by
maba
on Tue 16 Sep 2008 11:39 AM EDT
Fred Harteis News Articles- As the government distributed tons of food and water to residents and struggled to restore power to millions of people on Tuesday, President Bush arrived in Texas to survey the devastation in a helicopter flyover of the state’s coastal areas.
During a two and a half hour visit to the region, his third trip to the Gulf Coast in two weeks, President Bush is expected to meet with state and local officials and hear from some of the millions of displaced residents and homeless ... more »
Monday, September 15
Fred Harteis News Articles - Obama, McCain Weigh In on Wall St. Turmoil
by
maba
on Mon 15 Sep 2008 11:49 AM EDT
Fred Harteis News Articles - Hours after Senator John McCain said “the fundamentals of our economy are strong,” Senator Barack Obama seized upon the remark on Monday and offered a blistering critique of the Republican Party’s stewardship of the economy as the Wall Street turmoil created fresh ripples in the presidential campaign.
“We just woke up to news of financial disaster and this morning and he said that the fundamentals of the economy are still strong?” Mr. Obama told voters at an afternoon rally here. “Senator McCain, what economy ... more »
Friday, September 12
Fred Harteis News Articles - Manage debt, protect savings
by
maba
on Fri 12 Sep 2008 02:09 PM EDT
Fred Harteis News Articles – Here are some great answers for questions regarding: managing credit card debt, making sure your savings are safe and rebuilding credit after a foreclosure.
1. My daughter has serious credit card debt and would like to consolidate. Is the National Foundation for Credit Counseling a good place to talk to?
First, consolidating isn't always the best idea. Taking out new debt to cover old debt is rarely a solution - not only will you have trouble finding a lender, but consolidating doesn't help ... more »
Thursday, September 11
Fred Harteis News Articles - Thousands in Texas Flee Hurricane Ike
by
maba
on Thu 11 Sep 2008 11:42 AM EDT
Fred Harteis News Articles - Hundreds of thousands of people streamed out of Houston and neighboring cities on Thursday as Hurricane Ike continued on a collision course with the central coastline of Texas.
As forecasters issued increasingly dire predictions for Houston, the state’s largest city and fourth largest in the country, local authorities shut down all schools, universities and government buildings — including NASA’s Johnson Space Center — and ordered mandatory evacuations for thousands of residents. Hundreds of thousands more were evacuated from several counties along the coast, jamming interstate ... more »
Wednesday, September 10
Fred Harteis News Articles - Stay warm without going broke
by
maba
on Wed 10 Sep 2008 11:12 AM EDT
Fred Harteis News Articles - This summer we saw record high gas and oil prices. And this winter season is gearing up to be just as expensive. If you're sick of paying so much for your energy needs, here are some solutions.
The government is predicting record-high heating costs this winter. Your bills will be 20% higher than last year and this winter will be colder than usual according to Farmers' Almanac.
lf you use heating oil, you can expect an increase of 36% and if you use ... more »
Tuesday, September 9
Fred Harteis News Articles-North Korean Leader Is Very Ill, American Official Says
by
maba
on Tue 09 Sep 2008 11:01 AM EDT
Fred Harteis News Articles- The North Korean leader Kim Jong-il is seriously ill and might have suffered a stroke weeks ago, an American intelligence official in Washington said Tuesday, after Mr. Kim failed to attend an unexpectedly small-scale celebration of his country’s 60th anniversary.
The official, speaking on condition of anonymity, said that the exact status of the North Korean’s health was unclear, but that it did not seem Mr. Kim was on the verge of death.
Mr. Kim’s health is the focus of intense attention among ... more »
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