News

Record Breaking Fundraiser Nets President Obama $15 Million

The actor hosted a fundraiser for the President that pulled in a record $15 million.

Housing aid plan paying off for lenders

A newly streamlined government plan to reward homeowners who diligently pay their underwater mortgages is proving a bonanza for banks, which by one estimate may pocket $12 billion in extra revenue by refinancing loans.

Small businesses face federal market storms

There is no question that the federal contracting market has been and will continue to be an extremely challenging environment.

How to Improve Social Security for Women

Changing Social Security rules could substantially ease poverty among older women, according to a new set of proposals.

Rogue trader Bruno Iksil loses JP Morgan more than 1billion

A ROGUE trader dubbed ‘Voldemort’ by his London rivals has cost one of the world’s biggest banks more than A 1BILLION.

3 Ways To Own Real Estate In Your IRA

Are you tired of treading water in the stock market? Looking to “opt out” of market volatility as much as possible? Many smart investors are looking for insulation by upping their allocation to asset classes that have little or no … Read More

Refinancing homeowners show strong results in 1st quarter

The majority of homeowners who opted to refinance existing mortgages in the first part of 2012 strengthen their financial positions, Freddie Mac said in a recent report.

Banks extend lifelines to shipping sector

Fending off the distressed investors currently circling the sector, bank lenders continue to extend lifelines to several shipping companies trying to weather an industry-wide downturn.