Hot finance and business news.
Wouldn’t it be nice if you could smooth out all the rough spots in your personal investments?
Many investors have wondered just that during this frenetic market year that is constantly being buffeted by world events. Too often, they boldly invest when stock prices are high, then fearfully halt their investing or sell their holdings altogether […]
Filed under: management, term by Finance Boss
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Premier Silvio Berlusconi has survived a confidence vote in parliament, but his narrow majority raises doubts over his ability to govern effectively when Italy needs a steady hand during its economic crisis.
Berlusconi’s conservatives won the vote in the lower house of parliament Friday 316-301.
THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. […]
Filed under: finance, homeowners by Finance Boss
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Shares in embattled bank Dexia plummeted 33 percent when they resumed trading Monday after the lender became the first major victim of a worsening credit squeeze in Europe.
Shares slid to 0.57 euro Monday afternoon in Brussels. They had been suspended Thursday as governments in Belgium, Luxembourg and France were figuring out how to save the […]
Filed under: Uncategorized, mortgage by Finance Boss
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Finance ministers from the 17 euro countries will grapple over Greece’s ever-worsening debt crisis, a day after Athens revealed its deficit will be higher than previously promised.
Meeting the budget targets is a precondition for getting the next euro8 billion ($10.8 billion) installment of the country’s first, euro110 billion bailout.
Although the ministers have already said they […]
Filed under: business, management by Finance Boss
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Stocks are closing higher after another day of big swings.
Investors struggled to make sense of mixed economic reports Thursday. First-time applications for unemployment benefits fell and the government raised its estimate of economic growth in the April-June period. But a survey showed that chief executives of the nation’s largest companies are more pessimistic than they […]
Filed under: banks, management by Finance Boss
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World governments must not let their focus on spending cuts keep them from creating jobs that will be a key part of economic recovery, an international group of experts warned on Monday.
The Organization for Economic Cooperation and Development and the International Labor Organization say government support for the unemployed _ both with subsidies and job […]
Filed under: homeowners, marketing by Finance Boss
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Stocks shifted between small gains and losses Wednesday morning as traders tried to anticipate what steps the Federal Reserve might take to stimulate the U.S. economy.
Concerns that Greece could fail to qualify for fresh bailout funds kept gains muted.
The Federal Reserve expects to announce the results of the central bank’s two-day policy meeting Wednesday afternoon.
Some […]
Filed under: News, Uncategorized by Finance Boss
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Reassuring words from European leaders aimed at calming markets roiled by the continent’s sovereign debt fears helped boost Asian markets in early trading Thursday.
German Chancellor Angela Merkel and French President Nicolas Sarkozy pledged in an emergency teleconference on Wednesday night with that they would help Greece avoid a debt default. For his part, Greek Prime […]
Filed under: Small Business, technology by Finance Boss
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Bigger is better, at least when it comes to pension funds.
The largest— funds with $37 billion in assets on average — outperformed smaller plans — with an average of $1 billion — by 45 to 50 basis points, or 0.4 per cent each year, according to a new study.
Researchers at the University of Toronto’s Rotman […]