Financial News USA: All News, All New! Blog

How to Invest in Obamanomics

How to Invest in Obamanomics

His top priority for 2010 is jobs. No surprise here. One of the most striking parts of the recovery so far is that even as output has begun to rise off previous lows, job numbers...

Columbia Banking Q4 income drops

Columbia Banking Q4 income drops

Columbia Banking System Inc. said fourth-quarter income attributable to shareholders fell to $447,000, or 2 cents a share, from $1.3 million, or 7 cents a share a year earlier. For fiscal 2009, the Tacoma-based holding...

Housing Market for 2009

Housing Market for 2009

As the first month of 2010 draws to a close we are now getting a good look at how the U.S. housing market closed last year. The just-released new home sales figures for the month...

Chevron 4Q profit falls 37 percent

Chevron 4Q profit falls 37 percent

Chevron Corp. saidFriday its fourth-quarter profit fell 37 percent as higher crude prices led to huge losses in its refining business. The nation’s second-largest oil company reported earnings of $3.1 billion, or $1.53 per share,...

Index CD may boost returns but add risk

Index CD may boost returns but add risk

Low CD rates arepushing consumers to think outside the traditional CD box. The result is that a CD that is linked to currencies, stock indexes or commodities is increasingly gaining traction. Called an index CD,...