Easy Finance 4U

Finance News

• What might make the Fed flinch?
  WASHINGTON (Reuters) - The U.S. economy appears to be trudging along, neither booming nor busting, growing steadily enough to diminish double-dip recession fears but not quickly enough to bring down unemployment.
• Debt levels should fall after pre-crisis jump: BIS
  LONDON (Reuters) - Debt levels that ran up ahead of the financial crisis have shown only a modest decline since and are likely to fall sharply in the coming years, a study said.
• Taxpayers may face initial loss on GM IPO: sources
  NEW YORK/DETROIT (Reuters) - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
• IMF's Lipsky says moderate world recovery underway
  GWANGJU, South Korea (Reuters) - The world economy is recovering moderately but still faces challenges such as the need for medium-term fiscal consolidation, the IMF's First Managing Director, John Lipsky, said on Sunday.
• Coverdell Changes
  Some parents may have to rethink their strategies when one education savings account becomes more restrictive at the end of this year.