Rate on 30-year mortgage falls to record 3.87 pct.

The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. […]

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U.S. Will Run $1.1 Trillion Deficit, CBO Says: Washington Mover - Bloomberg

The U.S. budget deficit will shrink this year to $1.1 trillion, the Congressional Budget Office said today in a report sure to inflame the election-year […]

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Capitalism Seen in Crisis by Investors: Poll - Bloomberg

International investors say capitalism is in crisis, with almost one in three backing radical changes to the system, according to a Bloomberg survey.
As the […]

Asset targets seem steep; get an early start

How much in savings and investments should you have by age 35 or 45? Or, for that matter, at 65 when you’re likely to be […]

Mortgage settlement between banks, states ‘close’

A $25 billion settlement between the nation’s major banks and U.S. states over deceptive foreclosure practices during the housing crisis is nearing completion.
Five major banks […]

Skechers Super Bowl ad swaps Kardashian for… a dog

Skechers, the athletic shoe company, has unveiled the star of its upcoming Super Bowl commercial — and it’s not Kim Kardashian.
It’s a little dog […]

Markets are calm _ too calm. Why pros are spooked

After wild price swings that left investors bewildered and not a cent richer last year, stocks are rising again, and calm has settled over the […]

China auto sales slow in 2010; market still No. 1

Vehicle sales in China rose a scant 2.5 percent in 2011 as higher prices and traffic controls kept buyers out of showrooms, but the market […]

Brutal losses in state and local jobs

Nearly 250,000 state and local government employees lost their jobs in 2011, with the ax falling particularly hard on public school teachers.
And the bleeding […]

Positive jobs report fails to lift stocks

The stock market offered a reminder Friday that even if the U.S. job market is improving, there’s plenty to worry about elsewhere in the world.
The […]