financialsurfer.com

In this year of financial overhaul, consumers are getting relief from all kinds of potentially costly practices, from unexpected overdraft charges and gift-card expiration dates to money-market mutual-fund risks. But the new regulations, which include the Credit Card Act and new rules from the Federal Reserve and the ...Read More

From February through May, the Dow Jones Industrial Average gained more than 1000 points in an almost uninterrupted daily march upward. Then came the “flash crash” of May 6 and day after day of losses through May. Now, in mid-June, the market has been up six of the ...Read More

I’ll bet your broker has a bad case of B.O. right now.”Buying opportunity!”The market, which bounced a little Tuesday, is down about 15% from the April highs. So it’s time to buy, right? I mean, at this point shares have to be cheap, yes? You know the drill: ...Read More

Plans for a new high-speed rail network, featuring 250mph trains, have been announced by Transport Secretary Lord Adonis. A White Paper is recommending a route for a new line between London and Birmingham with a future extension to northern England and Scotland. The public will be consulted on ...Read More

A third runway at Heathrow airport would provide a

More than 60 senior economists have signed two open letters that back the chancellor’s decision to delay government spending cuts until 2011. The letters in the Financial Times say that any measures to trim the budget deficit this year could risk dragging the country back into recession. They ...Read More

By Alex Lawler LONDON (Reuters) - Oil climbed toward $78 a barrel on Tuesday, adding to the previous session’s advance, as concern eased that Dubai’s debt problems would set back the global economic recovery. European shares rose early on Tuesday as investors’ appetite for relatively risky equities increased, ...Read More

By TARA LOADER WILKINSON They are rare, beautiful, valuable and a girl’s best friend but traditionally diamonds haven’t really been considered an asset class in their own right. Diamonds do not have the “safe haven” status of gold, and their prices are more volatile than the precious metal. ...Read More

By Tracy Rucinski and Rhys Jones MADRID/LONDON (Reuters) - British Airways and Spain’s Iberia announced on Thursday a preliminary agreement for a $7 billion merger to create the world’s third-largest airline by revenue. The deal, which the companies hope to close by the end of 2010, ends the ...Read More

The following is the full text of the statement by U.S. Treasury Secretary Tim Geithner at the G-20 meeting of finance ministers and central bank governors: I want to start with the state of the global economic recovery. Yesterday’s jobs numbers in the United States reinforced that this ...Read More