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Looks like the government won’t be making a lot of interest on what it lends to the banks…The Fed is expected to drop the key federal funds rate another half a point to 1%.
On Thursday, the GDP is also coming out…For many who thought the …

Sunday afternoon the Federal Reserve ok’d Wells Fargo’s takeover of Wachovia. The announcement was made unusually on a Sunday because tomorrow when the markets open perhaps the news would help stabilize the markets rather than having another record Monday drop.
The last two Mondays have …

Oil prices hit a one year low today, slipping under $80 a barrel. Gas prices have also dropped up to and over $.20 a gallon in the last week.
Many consumers have one eye on their wallets and the other on their portfolios and retirement …

If you were or are a fan of Circuit City, they may not be around for too much longer. That’s bad news for the company and its employees, but if you’re looking for deals on electronics, it could be a good thing for you.
Talbots …

Bad News: If another large bank fails, such as WaMu, Congress will have to begin taking money out of tax dollars to fund the FDIC insurance fund to protect deposits made into FDIC insured banks.
So what will the government do if the FDIC needs a …