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  05:56am PST, 11/07/09
Money 101 Audio
 
 
KNX Business Hour Audio
Protect your assets and invest wisely.
KNX Business Hour 11.06.2009
Stocks end the day and the week on an up note after getting off to a rough start on a worse than expected October jobs report showing the national unemploment rate hit 10.2 percent. The Dow closes above 10k for the second day in a row. The major averages
 
 
 
 
KNX 1070 Money News
Britain urges steps to insure financial system
ST. ANDREWS, Scotland (AP) -- Britain called for consideration of a global tax on financial transactions to insure against another crisis and urged world finance officials meeting Saturday in Scotland to agree on bearing the cost of fighting climate change....
Banks in Ga., Mich., Minn., Mo., Calif. closed
CHARLOTTE, N.C (AP) -- Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans....
Decision day for health care in the House
WASHINGTON (AP) -- President Barack Obama is traveling to Capitol Hill on Saturday to try to close the sale on his signature health care overhaul, facing a make-or-break vote in the House certain to be seen as a test of his presidency....
Analysis: 10 percent jobless is Obama's new world
WASHINGTON (AP) -- For months he had warned it was coming but that didn't ease the political shockwaves for President Barack Obama when unemployment topped 10 percent....
China offers Africa more trade, investment
BEIJING (AP) -- China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Saturday....
Both sides set to vote on Philly transit contract
PHILADELPHIA (AP) -- Members of Philadelphia's largest transit union and the Southeastern Pennsylvania Transportation Authority are set to vote on a contract to end the strike that has idled buses, subways and trolleys for five days....
Bob McCormick
Money 101 examines the most relevant news affecting consumers and small business owners. Listen for it daily at :26 past every hour.
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CBS Business News
Decision day for health care in the House
WASHINGTON (AP) -- President Barack Obama is traveling to Capitol Hill on Saturday to try to close the sale on his signature health care overhaul, facing a make-or-break vote in the House certain to be seen as a test of his presidency....
Britain urges steps to insure financial system
ST. ANDREWS, Scotland (AP) -- Britain called for consideration of a global tax on financial transactions to insure against another crisis and urged world finance officials meeting Saturday in Scotland to agree on bearing the cost of fighting climate change....
China offers Africa more trade, investment
BEIJING (AP) -- China is offering to abolish import duties on some commodities from Africa and make sure Chinese exports to the continent are safe as part of a package to boost already thriving economic ties, China's commerce minister said in an article published Saturday....
South Korean workers protest gov't labor policy
SEOUL, South Korea (AP) -- Tens of thousands of South Korean workers rallied Saturday to protest the government's plan to begin implementing contentious labor laws....
Court ends tobacco company payments in Md., Pa.
RALEIGH, N.C. (AP) -- North Carolina's highest court ruled Friday that three cigarette companies no longer have to make payments to tobacco farmers in Maryland and Pennsylvania under a decade-old settlement....
Cardiologist and Boston Sci exec Baim dies at 60
NATICK, Mass (AP) -- Dr. Donald Baim, a renowned cardiologist and medical device executive, died Friday following surgery to treat a form of cancer, his family said in a statement. He was 60....
Banks in Ga., Mich., Minn., Mo., Calif. closed
CHARLOTTE, N.C (AP) -- Regulators on Friday shut banks in Georgia, Michigan, Minnesota, Missouri, and California, bringing the number of bank failures this year to 120 amid the struggling economy and a cascade of defaults on loans....
Berkshire Hathaway says 3Q profit triples to $3.2B
OMAHA, Neb. (AP) -- Paper gains on derivative contracts helped Berkshire Hathaway Inc. triple its third-quarter profit as its insurance businesses did well, but Warren Buffett's company said Friday that many of its other operating businesses struggled....
Sector Snap: Airline shares rise
NEW YORK (AP) -- Airline stocks rose Friday as oil prices tumbled, easing the carriers' fears over jet fuel costs....
Mesa Air says United didn't extend deal
PHOENIX (AP) -- Mesa Air Group Inc. said Friday that United Airlines did not extend an agreement under which Mesa operated 26 regional jets for the larger carrier....
Conservation Tips
 
 
Important Links
Public Auctions

Property Room
Combining expertise in law enforcement procedure, inventory tracking, logistics, merchandising, marketing and customer service to provide an effective auction solution for law enforcement and municipal surplus agencies.

Public Surplus
Almost anything can be sold on Public Surplus; Mousetraps, portable classrooms, automobiles, buses, heavy equipment, shop equipment, kitchen equipment, athletic equipment, musical instruments, etc.

Bid4Assets
Bid4Assets is the online auction marketplace for high-value assets like real estate, jewelry and rare collectibles.
Free Retirement Advice

Food and Drug Administration
FDA's information for older people covers a wide range of health issues, including arthritis, cancer, health fraud, and nutrition.

Heinz Family Philanthropies
What Women Need to Know About Retirement

Mature Market Institute
The MetLife Mature Market Institute® (MMI) is a nationally recognized leader in the exploration of and innovative approaches to understanding and bringing context to the multi-generational and multi-faceted issues of aging and longevity.
Checking Out Advisors

California Department of Corporations

The Department provides protections to consumers, and services to businesses, engaged in financial transactions.

Investment Adviser Public Disclosure
The Securities and Exchange Commission (SEC) sponsors this website, which provides information about both SEC- and state-registered investment adviser (IA) firms.

FINRA
Helping investors build their financial knowledge and providing them with essential tools to better understand the markets and basic principles of saving and investing.
FICO Risk Factor Codes
The risk codes will be listed in the order of importance, so the higher up on the list in your letter, the more significant it is.
LA Renter Protection
Los Angeles has renter control, which protects some but not all renters.Rent control laws require landlords to have one of 12 specific reasons to evict a tenant... but foreclosure is NOT one of those reasons.

If a bank or lender which takes over a property in a foreclosure tries to evict a renter, call the Los Angeles Rent Control Hotline at (866) 557-7368.

After someone buys the property at a public auction, other people may try to collect rent. DON'T give money to anyone unless they can prove they own the property.

The Deed Upon Sale will tell you who the new owner is. You can get a copy by visiting the LA County Registrar Recorder's office at: 12400 Imperial Highway in Norwalk, or call (800) 973-3370 or (213) 974-1450.
Foundation for Health Coverage Education
To simplify public and private health insurance eligibility information in order to help more people access coverage, the Foundation for Health Coverage Education’s (FHCE) efforts began in 2004 with Executive Director Phil Lebherz’ quest to understand the uninsured problem in California and beyond.

Get help over the phone by calling 1-800-234-1317.
Outright - Simple Online Bookkeping
Outright is streamlining the work involved with owning a business, helping entrepreneurs pay the right taxes, record financial transactions, and keep their businesses on track and growing.
Consumer Action Website
The Federal Citizen Information Center (FCIC) has been a trusted one-stop source for information about consumer problems and government services.
Bureau of Automotive Repair
To protect and serve California consumers by ensuring a fair and competitive automotive repair marketplace and administering a model motor vehicle emissions reduction program.
Car Allowance Rebate System (CARS)
This is a government program that helps you purchase a new, more fuel efficient vehicle when you trade in a less fuel efficient vehicle.
BillShrink
BillShrink is a free, personalized savings tool that helps you save money on your everyday bills.
FinAid
The first stop on the web for students looking for ways to finance their education.
Admit U
Helping as many families as possible realize the amazing opportunities available for college.
Students.gov
Easy access to information and resources from the U.S. government – all the info you need in one place, from all parts of the government.
The Consumerist
From the creators of Consumer Reports, The Consumerist empowers consumers by informing and entertaining them about the top consumer issues of the day.
Treasury - Mutilated Currency
To exchange damaged or mutilated money, send by mail, registered and return receipt requested to:

Bureau of Engraving and Printing - Office of Compliance
Mutilated Currency Division
P.O. Box 37048
Washington, D.C. 20013

To follow up, you can call Treasury at 1-866-575-2361
Prosperity4Kids
Teaching children the value of money, and simple concepts such as saving, investing and spending money wisely.
Ask Liz Weston
The most-read personal finance columnist on the Internet.
Annual Credit Report
The ONLY true, free credit report available ANYWHERE.
Better Business Bureau LA
Your key advisor, most reliable evaluator and most objective expert on the topic of trust in the marketplace.
Unclaimed Property - California
You may be one of millions of Californians owed money by the state.
Property Tax Little Black Book
Discover how to lower your property taxes year after year for as long as you own your home!
The Red File
Preparing for the expected and the unexpected, this is the list you literally can't live without.
 
 
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Mesa Garage Doors
Find the best deals in garage doors from Mesa Garage Doors. Click here for Garage Doors, Sales, Service, Replacement, & Installation. Get a free, in-home, no obligation quote from Mesa Garage Doors today!
Wedding
Find Wedding Centerpiece, Wedding Ideas, Bridal Show, and other wedding resources in the Los Angeles area from PartyPOP.com

Weichert, Realtors: Your Source for over 2 Million Homes for Sale
Find Los Angeles Real Estate, LA Real Estate, LA Homes for Sale. There's no better time to buy then now!