Indications: U.S. stock futures erase slide after data

Indications: U.S. stock futures erase slide after data Wall Street may edge higher at the start, after economic data helps offset Google Inc.’s earnings, which missed expectations. Read more on Market Watch

NBA Player Broke After 85% Interest Loan

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Take two doses of reality and call me after the crash

www.FutureMoneyTrends.com The Fundamentals haven’t changed Inflation is running around 12%, the fed funds rate is 2% and the highly inflationary bail outs continue. Consumers continue to survive off of credit cards and default on all lines of credit at alarming rates. Home equity lines are now being defaulted on at a two decade high. The [...]

European Stocks Decline After Moody’s Cuts Spain’s Credit Rating

European Stocks Decline After Moody’s Cuts Spain’s Credit Rating European stocks declined to their lowest level since January as Moody’s Investors Service cut Spain’s credit rating and violence in Libya continued to drive up oil prices. U.S. stock-index futures and Asian shares slid. Read more on BusinessWeek

FOREX: Dollar Puts in a Bullish Reversal after a Three-Week Decline but Fundamental Support is Lax

FOREX: Dollar Puts in a Bullish Reversal after a Three-Week Decline but Fundamental Support is Lax Tuesday was an impressive day for the US dollar. On a trade-weighted basis, the greenback posted its biggest rally in a month and subsequently broke free of a three-week bear trend. Read more on Daily FX via Yahoo! Finance

How to invest smartly after Budget

How to invest smartly after Budget In an hour-long chat on financial planning expert Sailesh Multani offered answers to many investment-related questions. Read more on rediff.com

Pacifica woman wins lawsuit, keeps house after being conned

Pacifica woman wins lawsuit, keeps house after being conned An 89-year-old Pacifica woman who was conned out of $600,000 by a contractor and facing foreclosure has won a lawsuit that prevents her eviction, an attorney said. Read more on Contra Costa Times

Wall Street to open up after jobs, spending data

Wall Street to open up after jobs, spending data U.S. stocks were set for a higher open on Wednesday after data on the labor market and consumer spending pointed to an improving economy. Read more on Reuters via Yahoo! News

Energy Future Holdings hit hard by lower gas prices after huge leveraged buyout

Energy Future Holdings hit hard by lower gas prices after huge leveraged buyout A little less than three years ago, two of the nation’s shrewdest, most successful buyout firms peered into the future and decided they just had to have Energy Future Holdings Corp., the giant Dallas utility and largest electricity generator in Texas. Read [...]

Hedge Fund Sees Risk in Mortgage Bonds After 28% Gain

Hedge Fund Sees Risk in Mortgage Bonds After 28% Gain Metacapital Management LP, the hedge-fund firm run by former Lehman Brothers Holdings Inc. mortgage-bond trader Deepak Narula, returned 28 percent in the first half of this year, boosted by government-backed debt that benefits from limited homeowner refinancing. Read more on BusinessWeek

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