Renters Insurance: Why a Policy Is Essential
Homeowners understand the need for insurance, but the percentage of people with renters insurance still remains relatively low. The hardest part about getting a policy is convincing people they need one. (Aug. 27)
AP Money Minute
Here are the top AP money stories for August 27th: Durable goods rise more than expected; Ricoh to buy Ikon; Enzyte owner sentenced to jail; Chrysler could sell Viper model.
Olympics '08: A Ratings Success
The International Olympic Committee declared the Beijing games a success when it comes to TV ratings. (Aug. 20)
Foreclosures to Rise As 'Liar Loans' Sour
The housing market - already awash in subprime foreclosures - is now getting hit with a second wave as homeowners with "liar loans" default in record numbers. (Aug. 18)
Olympics '08: Marketing Michael Phelps
Michael Phelps' Olympic performance was measured in gold. When he returns home to Baltimore, his value as a pitchman could be measured in tens of millions of dollars. (Aug. 18)
Trade Imbalance Falls; Corn, Soy Crops Healthy
The nation's trade imbalance exceeded Wall Street's expectations and dropped to $56.8 billion in June, down by 4.1 percent from the previous month. (Aug. 12)
Jobless Claims Hit Highest Point Since 2002
The nation's jobs market sent a fresh cry of distress as the number of newly laid-off people unexpectedly hit the highest level in more than six years, a Labor Department report showed Thursday. (Aug. 7)
Lexus Again Tops JD Power Dependability Study
Lexus once again stands alone atop a closely watched list of vehicle dependability after Buick slipped from the No. 1 spot it shared with the Japanese luxury brand last year, J.D. Power and Associates said Thursday. (Aug. 7)
Fed Leaves Funds Rate Unchanged at 2 Percent
The Federal Reserve, confronted with the perils of a slumping economy and rising inflation, has decided for a second straight meeting to leave interest rates unchanged. (Aug. 5)
Rising Prices Beat Down Consumer Spending
Consumer spending, after adjusting for inflation, fell in June as shoppers were hit with the biggest increase in prices in nearly three decades. (Aug. 4)
GM Posts $15.5 Billion 2nd-quarter Loss
General Motors said its losses widened to $15.5 billion in the second quarter as North American sales plummeted and the company faced expenses due to labor unrest and its massive restructuring plan. (Aug. 1)
Unemployment Hits 5.7 Percent; Teens Hit Hardest
The nation's unemployment rate climbed to a four-year high of 5.7 percent in July as employers cut 51,000 jobs, dashing the hopes of an influx of young people looking for summer work. (Aug. 1)
As Americans Drive Less, Highway Fund Drops
The soaring price of fuel and other strains on the U.S. economy have caused Americans to cut back sharply on driving, which jeopardizes the federal fund for building and repairing the country's highways. (July 28)
Housing Rescue on Track to Pass Senate
As the Senate prepares to vote on a massive housing rescue bill, new data on the extent of the crisis shows that foreclosure notices more than doubled from a year ago. (July 25)
Ford Changes Focus on Bad Earnings
With Ford posting the worst quarterly performance in its history, the company has outlined steps to deal with a market shift from trucks to cars brought on by high gasoline prices. (July 24)
Paulson Urges Congress to Pass Support Package
Treasury Secretary Henry Paulson said Tuesday that Congress needs to quickly approve a support package for Fannie Mae and Freddie Mac to make sure they maintain their critically important role in housing finance. (July 22)
Wachovia Quarterly Losses Near $9 Billion
Wachovia reported a surprisingly large second-quarter loss Tuesday, deflating Wall Street's hopes that the nation's big banks are weathering the credit crisis well. (July 22)
Big Oil Choosing Stock Over Exploration
Easy oil is gone, gasoline and oil prices have hit unimaginable heights and energy prices are a leading contributor to slowing global growth, so Big Oil must be devoting more and more money to exploration, right? Not so. (July 21)
Yahoo Settles With Icahn to Avert Control Battle
Yahoo has reached a settlement with activist investor Carl Icahn that will put him and two of his nominees on an expanded board of directors. (July 21)
Oil Markets Search for Signs of Bubble Bursting
The months-long rise in oil prices took a steep dive this week as another slide in oil capped crude's biggest one-week drop in more than three years. (July 18)
Energy Prices Lead Consumer Prices Jump
Consumer prices shot up in June at the second fastest pace in 26 years with two-thirds of the surge blamed on soaring energy prices. Consumer prices jumped 1.1 percent last month, much worse than had been expected. (July 16)
Bernanke Tries to Reassure Lawmakers on Economy
Federal Reserve Chairman Ben Bernanke tried to assure lawmakers Wednesday that the government is prepared to take all necessary steps to prevent the credit market troubles that started last year from further weakening the economy.(July 16)
