Madoff to meet SEC deadline on assets: lawyer (Reuters)

Bernard Madoff arrives at his house after a hearing at Federal Court in New York in this December 17, 2008 file photo. Federal prosecutors investigating Madoff's $50 billion fraud are starting to look into the role played by offshore fund operations, the New York Times reported. (Chip East/Reuters)Reuters - Accused swindler Bernard Madoff will send U.S. regulators a list of his assets, liabilities and property by Wednesday's court-ordered deadline, his lawyer said.


ShopperTrak cuts holiday retail view (Reuters)

A sale sign hangs on a window at the Virgin Megastore in New York's Times Square, December 26, 2008. (Mike Segar/Reuters)Reuters - Despite holiday shoppers' last-minute bargain-hunting sprees, ShopperTrak on Wednesday lowered its 2008 U.S. holiday retail sales forecast to call for a decline of 2.3 percent on a 16 percent drop in traffic and said it expected an even weaker store performance in January.


Mortgage rates fall to third straight record low (AP)

National Association of Realtors' 'Celebrating the Dream of Home Ownership for 100 Years' Rose Parade float is judged, Wednesday, Dec. 31, 2008 in Irwindale, Calif. The housing crisis isn't stopping the National Association of Realtors from fielding its first float in the Rose Parade. It will join 46 other entries from struggling companies such as Honda and Macy's in the New Year's Day spectacle that has kept on marching through the Great Depression and world wars during the past 120 years. (AP Photo/Mark J. Terrill)AP - Rates on 30-year mortgages fell to a record low for the third straight week and borrowers took advantage of the drop, sending new applications soaring.


Revisiting a Classic: ‘Your Money or Your Life’ (AP)

In this photo provided by Penguin Publishing, Vicki Robin, author of 'Your Money or Your Life,' is shown. (AP Photo/Penguin Publishing, Rich Frishman)AP - There are countless personal finance books that advise readers on budgeting, investing and paying down debt. Few leave the tips aside and ask you to question your relationship with money and the reasons you spend what you do.


Mortgage rates drop to 37-year low (Reuters)

Reuters - Interest rates on U.S. 30-year fixed-rate mortgages dropped for a ninth consecutive week, reaching their lowest level in 37 years, according to a survey released on Wednesday by home funding company Freddie Mac.


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