Finance Newsfeed Update

Wall Street mess sends class-action investor lawsuits up 19%

USATODAY.com Money - Top Stories — Wed, 07 Jan 2009 03:34:47 +0000

Investors filed 210 federal securities class-action lawsuits in 2008, up 19% from 176 in 2007, according to Stanford Law School's ...

Assess, rebalance your 401(k) after 2008 losses

USATODAY.com Money - Top Stories — Wed, 07 Jan 2009 03:07:39 +0000

For most workers, investing for retirement isn't optional. It's something you have to do because you won't get a traditional ...

Fed fears extended contraction despite radical moves

USATODAY.com Money - Top Stories — Wed, 07 Jan 2009 03:02:50 +0000

Federal Reserve officials worried about the possibility of a "prolonged contraction" and destabilizing deflation in mid-December ...

Prepaid Products-Align Processor Relationship With Strategic Goals

Payments News Editor — Wed, 07 Jan 2009 02:24:18 +0000

Javelin Strategy & Research has just released a new report titled "Prepaid Product Evolution - Align Processor Relationship With Strategic Goals" written by Bruce Cundiff. From the abstract:

"This Javelin research report makes use of consumer data analyzing the propensity to use prepaid products, and also in-depth interviews with prepaid program managers at financial institutions and other third parties to understand the key components of a prepaid processing relationship and how prepaid program managers must approach the establishment of such a relationship. "

New Blogs Added - Is Yours Included?

Payments News Editor — Wed, 07 Jan 2009 02:14:58 +0000

Over the holidays, we've added more than a half dozen new payments, banking and security-related blogs to our list of Other Banking and Payments Blogs. On this one convenient page here on Payments News, you can quickly review the most recent postings from other blogs that we think are important and relevant to payments and banking professionals.

If you're an active blogger and think your blog should also be included, be sure to let us know (click on Feedback in the toolbar above) and we'll add yours as well! Send along your blog's home page and the location of your RSS feed - and we'll do the rest.

Macworld goes for the soft sell with budget-minded software

USATODAY.com Money - Top Stories — Wed, 07 Jan 2009 02:11:54 +0000

At past Macworld events, Apple introduced such innovations as the iPhone and the ultra-thin MacBook Air. Tuesday, the big news ...

GM to auction some historic cars

USATODAY.com Money - Top Stories — Wed, 07 Jan 2009 02:09:12 +0000

General Motors' cash problems could give car buffs a rare chance to buy some of its most unusual vehicles at auction next week. ...

Raffles, weekend stays used to attract home buyers

USATODAY.com Money - Top Stories — Wed, 07 Jan 2009 02:07:11 +0000

Homeowners and real estate agents are turning to increasingly creative tactics to sell homes in a weak market.

What investing pros are doing to their stock portfolios in 2009

USATODAY.com Money - Top Stories — Wed, 07 Jan 2009 01:36:00 +0000

If you?re thinking about rearranging your portfolio at the beginning of the new year, you?re not alone. The pros do it all the ...

IRS changes offer relief to delinquent taxpayers

USATODAY.com Money - Top Stories — Wed, 07 Jan 2009 01:35:54 +0000

As the economic downturn worsens, the IRS expects to see an increase in delinquencies among taxpayers who have ordinarily paid ...