Interest Rate

Today, Landsburg and Furman discuss the stimulus package in the context of the government's deficit spending. Monday, they weighed the plan's potential effect on the economy. Later in the week, they'll debate the mortgage crisis, reasons for the...

DEFINITIONS Adjustable-rate mortgage: An ARM has interest rates and payments that change from time to time over the life of the loan. Depending on the type of ARM you have, your interest rate may increase gradually every few years until it reaches a...

Hopes that the economy could shake off the sub-prime mortgage mess and dodge recession grew fainter Friday as the Labor Department reported that U.S. employers last month added the smallest number of new jobs in more than four years -- driving the...

It's a perplexing stock market, and January's outstanding market sectors say it all. The top three: Health care, telecommunications and materials--not kindred spirits that usually rise together. After all, health care is a defensive haven for...

I was going to write about the end of storied Yankee Stadium and the implosion of not-so-storied Miami Arena (feel free to share your favorite memories below), but the proposed $700 billion government bailout of teetering financial firms seems a......

I got a letter from Bank of America the other day. The fine folks at Bank of America wanted to let me know that they were raising my credit card interest rates. Currently, the card has an 8.9 percent fixed......

The Nazareth Area Board of Education earlier this week unanimously signed off on floating a bond for up to $31 million as the final borrowing package to pay for the ongoing middle school project and to refinance existing debt. The bond would give the...

I-iesha Leon of Bethlehem never expected her one-and-a-half year stint at Lehigh Valley College could cost her $92,910.47. That's what she's on track to pay -- seven student loans totaling $37,514, plus $55,396.47 in interest. In its quest for tuition...

Cash value life insurance policies are a little bit like luxury cars, says John A. Kiczek, analyst in the life and health division of A.M. Best Co., an Oldwick, N.J., insurance information services firm. You can get a bare-bones policy relatively...

At some point in your life--perhaps after you retire, perhaps sooner--you'll want at least a portion of your investments to generate income. That income can be used to supplement your wages, Social Security or pension, making your life more comfortable....

After last year's stock market rout, managing money may not seem like such a glamorous pursuit. But executives who run brokerages and mutual fund companies are hoping for a bit of luster to return to their businesses with rebounds in the market and the...