Finance and Economy Archive


Emotion and Stress Lead to Poor Financial Decisions

Wednesday, April 1st, 2009
RISMEDIA, April 2, 2009-To say that the American consumer has been spooked by the doom and gloom of economic reports is putting it lightly. The fact is most of us have at some point in our lives made a rash decision out of fear that we later regretted and many ...


American Taxpayers Planning to Save Rather Than Spend

Monday, March 30th, 2009
RISMEDIA, March 31, 2009-As the tax deadline approaches, many Americans have refunds on their mind. While the arrival of a refund once meant a shopping spree to many, this year, Americans are skipping the spring sales to boost their savings and eliminate debt, according to a new survey released by ...


Money Matters – What to Do with Your 401(k)

Monday, March 30th, 2009
RISMEDIA, March 31, 2009-(MCT)-If you are among the huge number of workers laid off in recent months, there is a very good chance you have a 401(k) account to deal with. Call it a good news, bad news situation. Sure, it means you have some money stashed away in an ...


6 Questions to Ask When Considering a Reverse Mortgage

Thursday, March 26th, 2009
RISMEDIA, March 27, 2009-Reverse mortgages have become an increasingly important financial tool for people 62 and older who want to remain in their home and fund their retirement. And, with 78 million Baby Boomers approaching retirement, interest is expected to grow. Despite this, many Americans are still unclear about how ...


In a Troubled Economy, CFOs Explore Layoff Alternatives

Wednesday, March 25th, 2009
RISMEDIA, March 26, 2009-While confidence in the U.S. economy and leadership remain low among CFOs of American companies, many are speaking out and taking action to protect their own businesses and workforce, according to the most recent quarterly survey conducted by Financial Executives International (FEI) and Baruch College's Zicklin School ...


Federal Reserve’s Announcement Spurs Refinance Activity in Latest MBA Weekly Survey

Wednesday, March 25th, 2009
RISMEDIA, March 26, 2009-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending March 20, 2009. The Market Composite Index, a measure of mortgage loan application volume, was 1159.4, an increase of 32.2% on a seasonally adjusted basis from 876.9 one week earlier. On an ...


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