Archive for January 28, 2008

Dow jumps 177 on rate-cut hopes

Investors see the Fed cutting key rates on Wednesday and push financial stocks higher. The Dow is now up 6.5% in less than a week. McDonald's slumps on concerns about flat U.S. sales. New-home sales tumble, but home-building stocks jump. Gold hits a new high.

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The Law of Contracting Electronically

Is your agreement through e-mail legally binding? Find out what kind of online communication constitutes a legal contract.

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How to help buyers afford your home

Falling prices and interest rates ought to make your house easier to sell -- if only buyers could get financing. Here are three ways to make the process easier for would-be homeowners.

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Don’t try to outsmart the market

You can't time the market's gyrations, so I'll stick to my system and put my money to work right away. I'm buying 20 stocks based on computer 'clones' of some of the best investors ever.

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Broke homeowners linked to arsons

Authorities in economically stressed cities see an increase in torched houses. Is the nation's mortgage mess transforming more Americans into criminals?

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Why China is rooting for a US slowdown

In search of a soft landing, Beijing raised interest rates six times last year and let the yuan climb 13% against the dollar. But another year of overheated economic growth is likely in 2008.

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A new ‘credit score’ for patients?

Soon, hospitals might use tools to check your ability to pay as routinely as they check your pulse. Privacy advocates worry about abuse of data, but some consumers could even benefit.

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Businesses for Sale