Author Archives: Associated Press

A look back at memorable days on Wall Street

2012 had its fair share of big days on the stock market. Here’s a look back at what set off the biggest moves in the Dow Jones industrial average. Read More

Fidelity says people saving more for retirement

Contributions to personal retirement accounts have surged since the Great Recession hit in 2007, according to a study by Fidelity Investments released Tuesday, August 14. Boston-based Fidelity, one of the country’s largest managers of retirement funds, looked at contributions made to the company’s individual retirement accounts from 2007 through 2011. Read More

In Bernanke’s words: US economy, Fed’s next steps

The Federal Reserve can do more if needed. But it wants to see how the economy fares over the next few months. And it would welcome help in boosting the economy from Congress and the White House. That was the message, among others, that Chairman Ben Bernanke sent in a news conference Wednesday, June 20. Read More

Tools to research 529 college savings plans

Nearly all states offer 529 plans, popular ways to save for a child’s future college expenses. The plans allow withdrawals for college expenses that are free of federal taxes. Two-thirds of the states also extend state tax deductions or credits to residents enrolling in their 529s. Read More

Q&A on the Greek crisis

Markets have been slammed by yet more concerns Greece will be unable to pay its debts, despite receiving funds from last year’s €110 billion ($150 billion) international bailout and prospects of more funds from a second, €109 billion ($149 billion) package. Read More

How the US downgrade could affect you

After more than four years of a housing market crisis and major changes in credit card terms, it may be hard to believe that many consumers don’t know what types of loans they have. Read More

Tips for managing money in August

Summer is almost over, which means the frenzy of the holiday shopping season isn’t too far behind. Read More

2 tools for a mutual fund portfolio checkup

Summer and the end of the year are popular times for investors to perform checkups of their mutual fund portfolios to see whether they’re on track with their savings goals. Read More

How penny auction sites work

HOW IT WORKS: Unlike a traditional auction, customers have to pay upfront to participate in an online penny auction. Each bid may cost anywhere from 25 cents to a $1. Read More

A look at mortgage rates in the past decade

For anyone thinking of becoming a homeowner, falling prices aren’t the only reason to buy soon. Read More

8 things REIT investors need to know

Here’s a look at eight things investors should know before they invest in real estate investment trusts. Read More

Tips for managing your money in June

“Vacation, all I ever wanted,” sang the Go-Go’s, back in the 1980s. Well it’s that time of year and that means you may be tempted to start spending more and running up your credit card bills. Read More

Time to ponder the ‘Sell in May’ strategy?

Is it time once again for stock investors to “Sell in May and go away”? Read More

Tools for researching debt, retirement, insurance

Established workers in the peak of their careers need to balance saving for retirement with their many other obligations. One of the most essential is to provide for their families with adequate insurance coverage. Read More

Why inflation hurts more than it did 30 years ago

Inflation spooked the nation in the early 1980s. It surged and kept rising until it topped 13 percent.

These days, inflation is much lower. Yet to many Americans, it feels worse now. And for a good reason: Their income has been even flatter than inflation. Read More