Posted on March 29th, 2008 by moneyvsdebt
Manufacturers trying to lure customers to buy new cars in an uncertain economy increasingly are turning to a tried-and-true marketing effort — low-cost leases.
With the average new car payment right around $500 a month, manufacturers are heavily advertising lease deals that run from about $175 to $250 a month on a wide range of vehicles.
In [...]
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Posted on March 28th, 2008 by moneyvsdebt
After paying at least $600 million a year in excessive card fees, consumers in the U.K. are getting money back. We Americans should demand the same.
A couple of years ago, consumers in the United Kingdom got a break when the country’s Office of Fair Trading told credit card issuers that their late and over-limit fees [...]
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Posted on March 15th, 2008 by moneyvsdebt
US gold futures surged past the historical level of 1,000 US dollars an ounce on Thursday, as panicking investors reacted to fresh lows for the US dollar and soaring oil prices.
US gold futures surged past the historical level
of 1,000 US dollars an ounce on Thursday, as panicking
investors reacted to fresh lows for the US dollar
and soaring oil prices.
Gold soared above 1,000 US dollars per ounce for the very first time on Thursday, a new milestone in futures trading, prompting [...]
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Posted on March 14th, 2008 by moneyvsdebt
The U.S. dollar was down against other major currencies in European trading Friday. Gold rose.
The euro traded at $1.5612, up from $1.5587 late Thursday in New York. Earlier Friday, the euro notched a record high of $1.5651.
Later, in midday trading in New York, the euro fetched $1.5619.
Other dollar rates in Europe, compared with [...]
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Posted on March 14th, 2008 by moneyvsdebt
Gold prices bolted above $1,000 again on Friday, hitting a new record after a liquidity crisis at Bear Stearns Cos. rattled Wall Street and fed buying of safe-haven investments.
Other commodities traded mostly lower, with crude oil, copper and agriculture futures falling.
Following weeks of flirting with the $1,000 mark, gold finally breached the [...]
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