Advertisement.

Adrienne Minor

Underwater Mortgage Insurance, Because Negative Equity is Becoming Widespread

Over 20% of all homeowners with a mortgage still owe more money in their mortgage than their homes are currently worth.

Holiday Spending Plans Track Unemployment

Manilla.com, a personal budgeting website, surveyed its users about their holiday spending plans.

Janet Yellen’s Fed Nomination Nearly Approved

As expected, Janet Yellen’s nomination as chair of the Federal Reserve has been approved by the Senate banking committee and will advance to the full Senate for a vote.

Euro Weakens, Fed Confirms Stimulus will End

The European Central Bank is ready to consider negative interest rates on overnight bank deposits.

Toy Strategies Evolve to Lure Cautious Consumers

There will be no one must-have toy this holiday season.

Best Buy Warns Holiday Discounts Will Squeeze Margins

Best Buy warned that its healthy Q3 profits (net income $54 million) will not be repeated because of the deep discounts required to remain competitive in December.