Monthly Archives: April 2011

Caterpillar tallies record $1.22 billion profit in Q1

Side view of a Caterpillar tractor.Caterpillar turned in a record Q1 2011 with $1.22 billion in profit. Can an increase in construction jobs be far behind?

Americans feeling the pinch of higher gas prices

Gasoline pump stationGas prices have nearly hit $4 per gallon nationwide, and Americans are starting to feel the pinch of having to pay more at the pump.

Canadian treasury bonds: Invest in the Great White North

The Canadian national flag.If you're an investor who wants to invest in foreign treasury bonds, Bankrate suggests you consider Canadian bonds and exchange-traded funds.

April showers bring may flowers and boost pending home sales

People signing contractsPending home sales, or contracts to purchase a home, rose during the month of March as the housing market is slowly coming back to life

Sony sued over Playstation Network hack that exposed millions

Sony Playstation controllerSony has been slapped with a class action suit over the Playstation network hack that exposed millions to possible identity theft.

Wal-Mart customers are losing too much money, says retailer

A Wal-Mart Superstore.Wal-Mart has gone through seven straight quarters of sales decline. As a result, CEO Mike Duke has refocused the company's lens on lower prices.

30 percent interest for late payments at Bank of America

Credit cardWatch out for default interest rates. Despite new rules, credit card issuers like Bank of America will still raise rates sky high.

Banks used free Fed money in financial crisis to profit, not lend

vault at a bankFree money from the Fed intended to boost lending was used to pad bank profits with sweetheart bond deals instead ...

What to do if potential HUD fraud threatens your deposit

The U.S. Department of Housing and Urban Development logo.Buying an HUD home should take 60 days at most, experts claim. If you're having trouble and suspect fraud, here's what you can do.

Antique tax breaks for oil and gas industry fall out of fashion

exxon gas price signRecord profits, high gas prices and the current budget cutting craze could spell the end for billions in oil and gas subsidies.

Unmarried couples face different standards in finance

Wedding ringsThe Census Bureau has noted a rise in the number of cohabiting couples. Cohabitation, without marriage, can make finances trickier.

Obama, HUD considering home renters tax credit

Hardy's Hill House in North Deer Isle, Maine.President Obama and the U.S. Department of Housing and Urban Development have proposed a home renter's tax credit to offset soaring rents.

Dollar continues slide, but rally in near future not far-fetched

George Washington's portrait on a dollar billThe U.S. Dollar Index is approaching its all-time low, but a number of factors may signal a rebound for the greenback ...

How to avoid money arguments, for couples

A man and woman are in the middle of an argument.If fighting about money defines your coupling relationship, try these strategies for how to avoid money arguments.

Precious metal and gasoline theft increasing nationwide

Catalytic ConverterEconomic conditions have caused a noted rise in thefts of precious metals, including catalytic converters and copper wiring, and gasoline.

Home prices double dipping; rents climbing up

Home for saleBuying a home is getting more expensive on the front end, even as prices are dropping, and renting is becoming a more expensive option.