Tweaking a successful financial formula
By Michelle Singletary
Sunday, December 27, 2009
Despite a still funky economy, many people are doing well.
Yes, the unemployment rate is too high. People continue to lose their homes. And credit card debt is smothering many consumers. But as the year comes to a close, I wanted to address questions from readers who are fine financially yet need some tweaks to the way they handle their money.
Weak economy motivates Americans to save more
By V. Dion Haynes
Washington Post Staff Writer
Sunday, December 27, 2009
As crazy as it sounds, losing a $70,000-a-year job has been good for Marty Morua's finances. The former Wall Street stockbroker says the setback forced him to scrutinize his family budget and snip away at expenses. And soon, even with less income, their savings grew.
Senate banking committee leaders close to a deal on financial regulatory reform
By Binyamin Appelbaum
Washington Post Staff Writer
Friday, December 25, 2009
The chances that the Senate would produce bipartisan financial reform legislation seemed to grow longer with each passing minute at the mid-November hearing at which Sen. Richard C. Shelby (R-Ala.) read 2,600 words of scornful disapproval for the draft bill circulated by Sen. Christopher J. Dodd (D-Conn.).
U.S. promises unlimited financial assistance to Fannie Mae, Freddie Mac
By Zachary A. Goldfarb
Washington Post Staff Writer
Friday, December 25, 2009
The Obama administration pledged Thursday to provide unlimited financial assistance to mortgage giants Fannie Mae and Freddie Mac, an eleventh-hour move that allows the government to exceed the current $400 billion cap on emergency aid without seeking permission from a bailout-weary Congress.
No comments:
Post a Comment