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Foreclosures

Jul 17, 2004
Folks can make a tidy profit off "fix and flip" real estate deals -- buying a cheap foreclosed home, renovating it, then selling it quick. But beware: it's not as risk-free or simple as those late-night infomercials would have you believe.
Posted In: Economy

"Straight Story": Doing the math on interest rates

Jul 10, 2004
It's time once again for our economics editor Chris Farrell is to help you sort out what's smart, what's stupid and what's the Straight Story. Interest rates went up. Mortgage rates are down. What's the deal? Chris explains.
Posted In: Economy, Investing

Understanding inflation

Jul 10, 2004
Let's talk about inflation. A lot of analysts say one of the reasons the Federal Reserve recently raised the short-term interest rates was to help keep inflation at bay. Inflation does have a bad reputation. But if those credit card bills keep piling up, you might want to reconsider your attitude toward it. Matthew Algeo reports.
Posted In: Economy

A step forward... a step back... assessing the economy

Jul 3, 2004
The Federal Reserve Board raised interest rates. Gas prices are on the decline. And what about the unemployment rate? Kai takes the pulse of the economy. He interviews Chris Low, an economist with First Tennessee Bank.
Posted In: Economy, Jobs

This mortgage wants you

Jul 3, 2004
Fed Chairman Alan Greenspan did exactly what we all expected last week. He and his colleagues on the Federal Open Market Committee raised short-term rates by a quarter of a percentage point. Most analysts say home loans will be getting more expensive, so what mortgage is right for you? Jeff Tyler has the story.
Posted In: Economy, Investing

Insider Fed?

Jun 27, 2004
The Federal Reserve Board meets next week and everyone knows interest rates are going up. So why is there anticipation over a done deal? Kai asks Mickey Levy, the chief economist at Bank of America, to dissect the relevance of the Fed.
Posted In: Economy

"Straight Story": Taxing the Reagan legacy

Jun 12, 2004
It's time once again for our economics editor Chris Farrell is to help you sort out what's smart, what's stupid and what's the Straight Story. This week, President Ronald Reagan’s economic legacy is being both admired and abhorred. Chris believes the record is mixed, except for one economic policy that should be remembered.
Posted In: Economy

Educating a young CEO

Jun 12, 2004
Have you ever dreamed about getting career advice from a Fortune 500 CEO? Well, thanks to a 17-year-old high school senior named Doug Barry, your wish has just come true. Doug spent a good part of his adolescence writing letters to CEOs, asking them how they made it to the top. He’s published their responses in Wisdom for a Young CEO. Kai talks to Doug about the advice and the anecdotes from the big wigs of the business world.
Posted In: Economy

"Buzzword": Stagflation

Jun 12, 2004
Life is hard enough without having to decipher everything. Each week, Sound Money will bring you a word or a phrase that has bubbled to the top of the news. For instance - stagflation. You hear it, you see it, but do you really know it?
Posted In: Economy

"Straight Story": Bulldog Eliot Spitzer

May 29, 2004
It's time once again for our economics editor Chris Farrell is to help you sort out what's smart, what's stupid and what's the Straight Story. New York State’s Attorney General, Eliot Spitzer, has gone after the financial industry. His critics say the crusade is all politics - but what does Chris think?
Posted In: Economy

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