In my years as a Financial Planner, I have fielded many questions. One of the most frequent questions I have been asked is, “What is the best area to invest in this market?” Many state that the equity market is poised for a strong rally in the long run. Others state that the bond market […]
Every successful financial plan needs to have clean credit and a high FICO score. If we are to see more home and business ownership having good credit is the first step towards accomplishing this goal. Too many times I have personally seen many opportunities missed because we have not taken the time to “clean” our […]
It seems there is a disconnect from what is being covered by financial news and what the public is really concerned about. You can’t turn on the financial news networks without hearing questions such as the following: “Will the US raise its debt ceiling?” “Will the tax cuts for the rich be extended?” “Will the […]
Unemployment reaches record levels, the housing market is slow, and real wages haven’t increased in far too long. Many are finding themselves discouraged and losing and faith for a better financial tomorrow. However, an increased level of faith will allow all of our financial dreams and goals to come to fruition despite this recession. There […]
CLEVELAND — For people who are struggling to make ends meet, a sudden expense can be devastating, and there are times it can be catastrophic. A growing number of local people are finding themselves in this situation when a loved one dies. With the cost of a funeral and burial upwards of $5,000, it […]
WASHINGTON – President Barack Obama on Saturday pitched his proposed tax on banks to recover the cost of bailing them out during the financial crisis, saying if they can afford billions more in bonuses, they can pay back the taxpayers, too.
Detroit automakers got public reassurance Monday from President George W. Bush that short-term government help for the industry is in the works and could come soon.
A House-passed bill to speed $14 billion in loans to Detroit’s automakers stands on shaky ground in a bailout-weary Congress, undermined by Republican opposition that could derail the emergency aid in the Senate.
A government “car czar” with the power to force U.S. automakers into bankruptcy would dole out $15 billion in emergency loans to the failing industry under an emerging deal between the White House and congressional Democrats.
A bailout plan for the failing U.S. auto industry could include a Cabinet-level oversight board and a provision to withdraw the money if the overseers decide the companies are failing to take steps to overhaul themselves.
The chairman of the House Financial Services Committee says the new bleak unemployment figures makes helping the nation’s beleaguered auto industry even more urgent.
