JOHN WAGGONER: Commissions eat into fund returns

Archive for October, 2009

JOHN WAGGONER: Commissions eat into fund returns

People can tell you how to save money getting a picture framed, buying a stuffed moose head, or taking a pilgrimage to Lourdes. But today, we’re going to find out how to save money when you buy a mutual fund. (18 mins ago)

US lead in danger? Nobels tell a different story

After cleaning up in the Nobel science prizes, the United States on Friday scored another coup: the peace prize for a president less than nine months in office. (2 hours ago)

Pilots union rips immunity for American Airlines

The pilots’ union at American Airlines said Friday it opposed antitrust immunity for the carrier’s proposed joint venture with British Airways and Iberia. (16 mins ago)

Weak auction of 30-year bonds sends Treasurys down

Treasury prices tumbled Thursday after an auction of $12 billion of 30-year bonds was met with lukewarm demand. (22 mins ago)

Dollar climbs ahead of ECB, BoE rate decisions

The dollar edged higher against major currencies Wednesday as investors looked ahead to upcoming European Central Bank and Bank of England interest rate decisions on Thursday. (21 mins ago)

Yum Brands’ Q3 profit beats forecasts, up 18 pct

Chain restaurant operator Yum Brands Inc. says its fiscal third-quarter profit climbed 18 percent. (27 mins ago)

High court refuses to hear insider trading appeal

The Supreme Court has refused to hear former Qwest CEO Joseph Nacchio’s appeal of his insider trading conviction. (13 mins ago)

Even as layoffs persist, some good jobs go begging

In a brutal job market, here’s a task that might sound easy: Fill jobs in nursing, engineering and energy research that pay $55,000 to $60,000, plus benefits. (36 mins ago)

Olympics aren’t necessarily an economic bonanza

Big sporting events have big budgets. Depending on whom you ask, they have big payoffs, too. (2 hours ago)

Is the Economic Storm Over? Consumers Weigh in on the “New Frugality”

Until the consumer starts spending again, the recovery is likely to be slow and it may feel like we’re in a weak economy for some time. (14 mins ago)