Finance Info Blog

money, finance, personal finance and more…

Where Unemployment Has Hit Hardest

The 10 cities with the biggest increases in joblessness share one thing in common: disappearing manufacturing jobs.
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MAss Disaster

The Bay State shows how not to reform health care.
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Yahoo! Surrenders

The deal with Microsoft is a strategy of last resort for the struggling Internet giant.
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For more than 40 years, iron ore prices have been settled in secretive – often acrimonious – negotiations, but this tradition has now fallen apart
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No Tears For ConocoPhillips

Earnings fall 76%, but production climbs.
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Disney Seeks Digital Magic

Media conglomerate’s quarter may hinge on its movies, but its future lies in monetizing the Internet.
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Microsoft and Yahoo seal deal

Yahoo ran into a fresh wave of doubts in the financial and technology worlds as it bowed out of the race to compete with Google
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California IOUs: Where’s my cash?

California may have a budget, but that doesn’t mean it has the money to cash the $1.1 billion in IOUs sent out this month.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/ufanA6KZyiw” height=”1″ width=”1″/
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Exxon, Chevron Next Up

Crude prices are roughly half as strong as last year’s comparable period resulting in deep profit drops.
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US regulator criticises Obama bank plan

The Obama administration’s plan to give US states more power to protect consumers from unfair banking practices would make it more difficult and costly for large lenders to operate across the country, a financial regulator has warned
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Visa, the world’s largest electronic payments network, reported higher fiscal third-quarter profit as consumers increasingly turned to credit, debit and charge cards to pay for goods and services
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Trustee sues Madoff’s wife for $45m

The trustee seeking to recover money for Bernard Madoff’s victims turned his sights to the convicted broker’s wife, Ruth, filing suit to recoup claw back almost $45m that he claims she used to live a “life of splendour” for decades
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Barrick’s Precious Production

Investors await detailed updates regarding progress made on the gold and copper company’s mining projects.
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BA tightens its passengers’ belts

Flying business class on British Airways may never be the same again: from next Monday, the airline will be axing the canapés and chocolates on long-haul flights
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Illuminating outline

The Nordic model: Economies that are open to the world and offer greater worker involvement are attracting attention – but benefits are hard to replicate elsewhere
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Short-term Treasurys prices fell Wednesday after the government’s $39 billion auction of 5-year notes received lukewarm demand.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/JcrlnEvx79o” height=”1″ width=”1″/
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The big integrated oil producer has a big sales slowdown, but the military contractor keeps the surprises positive.
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Corruption Scandal Roils Switzerland

Allegations that a top official may have accepted a bribe shake a nation that prides itself on its clean image.
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What Carol Bartz Got

The stock falls, but Yahoo! gets real with this deal.
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The slow recovery and stagnating unemployment levels are leaving fewer options for jobless.
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This baby is setting itself to run to $20 if it can find a way to stay above $14.
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Dollar climbs as investors seek safety

Read full story for latest details.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/g2aXocpTAkE” height=”1″ width=”1″/
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Fed sees signs of economic improvement

The pace of economic decline has moderated or stabilised in most parts of the US, the Federal Reserve said, with manufacturing, residential property and even employment showing some signs of improvement
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China investors snapped up two newly listed mainland construction groups after reports that China’s central bank might rein in bank lending
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Ruth Madoff sued for $45 million

Ruth Madoff, wife of imprisoned Ponzi schemer Bernard Madoff, was sued Wednesday by a court-appointed trustee seeking $45 million in funds to compensate victims.img src=”http://feeds.feedburner.com/~r/rss/money_latest/~4/DfdGNuNG8xc” height=”1″ width=”1″/
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