Thursday, December 25, 2008
Obama has the most work cut out for him in one area: jobs
Obama has the most work cut out for him in one area: jobs
As the recession rolls on, keeping workers at work may be
President-elect Barack Obama's toughest job.
MARKETWATCH FIRST TAKE: A CRUDE CHRISTMAS GIFT
On Christmas Eve, crude-oil prices brought a little holiday cheer to
the weary, downtrodden masses. They fell. Again.
FUNDWATCH: CHOOSE CORPORATE DEBT OVER STOCKS, SAY MANAGERS
Falling stock prices this year have left many investors' portfolio
balances out of whack. But some managers argue against the need to
rebalance holdings.
MORTGAGES: RATES ON 30-YEAR MORTGAGES AT LOWEST SINCE AT LEAST 1971
Fixed-rate mortgage rates fell again this week, with the 30-year
fixed-rate mortgage setting another record low, at least since Freddie
Mac began doing its weekly survey in the early 1970s.
DIVORCE RATES DROP AS COUPLES STAY TOGETHER DUE TO TIGHT FINANCES
The recession and economic turmoil is creating a new class of casualties:
Married couples who can't afford to get divorced. In these tough times
many people are finding it's cheaper to stay together, even when they
can't stand each other.