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Certificate of deposit rates pulled back further last week, in an economic environment where policymakers are in no rush to raise interest rates, and banks and lenders aren’t in a position to follow suit.
By David Pitt, AP Personal Finance Writer DES MOINES, Iowa (AP) — The federal government has decided to abandon a Bush administration plan that would have permitted mutual fund companies and brokerage firms to offer investment advice to 401(k) customers.
There’s a sense of growing discontent among the U.S. public, with many wondering if current economic trends (especially regarding jobs) have become current economic culture. In other words, are things going to stay this bad for a long time?
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