Fox Lake Towing and Recovery

Better-than-expected earnings from General Electric helped lift the Dow and S&P 500. The Nasdaq closed lower after disappointing results from chipmaker Advanced Micro Devices. Overall, the week’s strong earnings bode well for coming corporate reports.

Continue reading The Dow Snaps Two-Day Losing Streak

The Dow Snaps Two-Day Losing Streak originally appeared on DailyFinance on Fri, 21 Jan 2011 16:39:00.

Filed Under: Investing, Earnings, General Electric , Bank of America, AMD, AOL, NYSE, Video, Stocks in the News, Market News

New data show that the federal government recoups at least 85% of amounts owed on defaulted student loans. The reasons why this is so explain a lot, especially about ever-rising tuition expenses at colleges across the country.

Continue reading Bad News: Defaulted Student Loans Don’t Cost the Government

Bad News: Defaulted Student Loans Don’t Cost the Government originally appeared on DailyFinance on Wed, 05 Jan 2011 15:00:00.

Filed Under: Columns, College Finance

Sales agreements for previously occupied homes rose 10.4 % in October. But that one spark of hope comes against a backdrop of declining prices, bulging inventories and ongoing legal issues around foreclosures. Don’t count on a real estate recovery next year.

Continue reading The 2011 Housing Market Outlook: Unsettled, Underwater and Unsold

The 2011 Housing Market Outlook: Unsettled, Underwater and Unsold originally appeared on DailyFinance on Mon, 06 Dec 2010 11:30:00.

Filed Under: Columns, Economy, Real Estate

Sales agreements for previously occupied homes rose 10.4 % in October. But that one spark of hope comes against a backdrop of declining prices, bulging inventories and ongoing legal issues around foreclosures. Don’t count on a real estate recovery next year.

Continue reading The 2011 Housing Market Outlook: Unsettled, Underwater and Unsold

The 2011 Housing Market Outlook: Unsettled, Underwater and Unsold originally appeared on DailyFinance on Mon, 06 Dec 2010 11:30:00.

Filed Under: Columns, Economy, Real Estate

For a growing number of U.S. college graduates, a diploma marks the beginning of financial difficulties. The Education Department says those who were scheduled to begin paying back their student loans in 2007 were 52% more likely to default within two years compared with those who left college two years earlier.

Continue reading From Diploma to Default: More Students Fail to Pay Back Loans

From Diploma to Default: More Students Fail to Pay Back Loans originally appeared on DailyFinance on Mon, 13 Sep 2010 20:30:00.

Filed Under: Economy, Credit, College Finance