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  03:39pm PST, 11/20/09
Money 101 Audio
 
 
KNX Business Hour Audio
Protect your assets and invest wisely.
KNX Business Hour 11.19.2009
Freddie Mac on the lowest mortgage rates in decades...the hand-dandy business card has been replaced with social media interaction...holiday time flights at a bargain..a deeper look at tuition hikes on UC campuses...
 
 
 
 
KNX 1070 Money News
Stocks fall for 3rd day as dollar strengthens
NEW YORK (AP) -- Investors can't shake their fears that the economy isn't keeping up with the stock market....
D.R. Horton sees 26 perecent spike in 4Q orders
Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday....
More states add jobs, but many for temporary staff
WASHINGTON (AP) -- In a sharp improvement, more than half of U.S. states added jobs in October, though economists said many of the gains likely occurred in temporary employment....
Americans save more but earn less as rates fall
NEW YORK (AP) -- The U.S. is finally becoming a nation of savers. Now if only we could get something for our money....
Small Florida bank shuttered, 124th this year
WASHINGTON (AP) -- Florida banking regulators on Friday shut down Commerce Bank of Southwest Florida, marking the 124th U.S. bank to succumb this year to the struggling economy and rising loan defaults....
Chase drops arbitration from card contracts
BOSTON (AP) -- JPMorgan Chase & Co. said Friday it is dropping a clause from its credit card contracts that required disputes with customers to be handled through binding arbitration, a move that could lead to consumers filing class-action and other lawsuits....

Bob McCormick


Money 101 examines the most relevant news affecting consumers and small business owners. Listen for it daily at :26 past every hour.
Click Here to share your thoughts.
 
 
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CBS Business News
Wyoming challenges Yellowstone snowmobile rules
CHEYENNE, Wyo. (AP) -- The state of Wyoming has filed a new federal lawsuit seeking to block the National Park Service from restricting snowmobile numbers in Yellowstone National Park....
Sun-Times Media names John Barron group publisher
CHICAGO (AP) -- Sun-Times Media Group, which was recently sold out of bankruptcy to an investor group, said Friday it named John Barron to the newly created group publisher position and as senior vice president of news and editorial operations....
West Virginia regulators approve gas rate increase
CHARLESTON, W.Va. (AP) -- West Virginia's Public Service Commission has approved a 5 percent rate increase for Hope Gas Inc....
La. businessman indicted in alleged Ponzi scheme
NEW ORLEANS (AP) -- A Louisiana businessman was charged Friday with engaging in a Ponzi scheme to defraud about 160 investors - mostly elderly people - out of roughly $19.5 million and using some of the money to pay for cars, cruises, sports tickets and a house....
GOP: Health test recommendations could affect care
WASHINGTON (AP) -- Republicans are seizing on this week's recommendations for fewer pap smears and mammograms to fuel concern about government-rationed medical care - and to try to chip away support by women for President Barack Obama's proposed health care overhaul....
Former Iowa slaughterhouse manager seeks acquittal
IOWA CITY, Iowa (AP) -- A former kosher slaughterhouse manager convicted of financial fraud has asked for an acquittal or new trial, saying prosecutors unfairly brought in evidence of immigration violations....
Nasdaq notifies Overstock it violated listing rule
SALT LAKE CITY (AP) -- Overstock.com Inc. said Friday that it received a listing rule violation letter Thursday from the Nasdaq Stock Market related to the recent filing of its third-quarter report....
Moderate Dems pivotal in Saturday health care vote
WASHINGTON (AP) -- Suitably opaque, Section 2006 takes up only a few dozen lines in a sweeping health care bill that runs to 2,074 pages and mentions neither Sen. Mary Landrieu nor her state of Louisiana....
Colo. billboard links Obama with jihadists
WHEAT RIDGE, Colo. (AP) -- A billboard showing President Barack Obama wearing a turban has sparked a lot of attention at the suburban Denver used car dealership that put it up....
Report: Hershey may launch bid for Cadbury
NEW YORK (AP) -- Hershey Co. may make a $17 billion bid for UK candy company Cadbury PLC, topping the recent $16.5 billion hostile offer by Kraft Foods Inc., the Wall Street Journal reports Friday....
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
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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!