Energy stock buys, retirement unfair to fair sex & credit crunch to hit everyone - Today in Money 8.20

Posted Aug 20th 2008 8:28AM by Allan Halprin
Filed under: Hewlett-Packard (HPQ), eBay (EBAY), Money and Finance Today, Federal Natl Mtge (FNM), News Corp'B' (NWS), Goodyear Tire and Rubber (GT)

In the News:

· Mortgage Applications at Lowest Level Since 2000

· Hewlett-Packard Reports Healthy Quarterly Profit

· Rupert Murdoch Takes 14% Pay Cut in 2008

· Some eBay Sellers Frustrated With Rule Changes

· Goodyear Tire to Close 92 U.S. Stores, Cut 600 Jobs

· Small SUVs Improve in Crash Tests

· As Fifth Avenue Stores Reshuffle, Some Mass-Marketers Slipping In

· U.S. Cellphone Sales Decline for Third Straight Quarter

· Advertisers Line Up to Sign Up Michael Phelps; Will He Sink or Swim as a Long-Term Pitchman?

· Will Michael Phelps Swimming Teammates Cash In Too?

· Olympic Gold Medals Worth About $152, But More Valuable Than the Actual Medal

Energy Stocks: Time for a Fresh Look
After the recent sell-off in energy shares, S&P has boosted its recommendation on the sector to overweight. Here's why.
Energy Stocks: Time for a Fresh Look - BusinessWeek

Consumers Feeling Fallout of Fannie & Freddie
Fannie Mae and Freddie Mac may or may not need a government bailout, but the turmoil surrounding the mortgage finance companies' decline has already meant four things for borrowers: higher interest rates, more fees and closing costs, bigger down payments and fewer loan choices.
Consumers Feel Fallout from Fannie, Freddie - AOL Money & Finance
Also: Future of Fannie & Freddie Uncertain

Faking the Good Life Getting Harder
We made it through the bursting of the Internet bubble and now the bursting of the real estate bubble. Next we may be approaching the end of the most worrisome bubble of all: the standard-of-living bubble. Last year, just as the subprime crisis happened, credit card debt took off. The home-equity ATM had been shut down, so people turned to the last source of easy money they had left, the most expensive debt on the menu, credit card borrowing. So now what? It's hard to see where consumers can turn next.
Value Driven: The standard-of-living bubble - FORTUNE
Also: Credit Crisis Will Hit Everyone, Including the Best Borrowers

Top Student Credit Cards
How students can avoid the free T-shirt trap and mountains of debt post-graduation. Here's a sampling of some of the better deals currently available to students.
A Crash Course in Credit Cards for College Students - SmartMoney.com

Retirement Unfair to the Fair Sex
Some strides have been made toward gender equality since women won the right to vote in 1920. But men and women aren't exactly equal when it comes to retirement. Here are 9 reasons women are at a disadvantage when it comes to retirement.
Women fall behind in retirement race - Bankrate.com

6 Awful Truths About Personal Finance
With the weakening economy, people find they need to pay closer attention to their personal finances. As they begin to tackle their finances to get them in order, they usually come across some truths that they really don't want to accept. Two of which include financial institutions are not your friends and you are your own worst enemy.
Six Awful Truths About Personal Finance - TheStreet.com

Freshman Finance 101
Here's what college students need to know about managing money -- and how parents can help.
Freshman Finance 101 - Kiplinger.com

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