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2008 August | Boost Your Credit
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US government ‘bazooka’ may save Fannie, Freddie (AFP)

August 30th, 2008 by

People walk past a sign at a Freddie Mac headquarters in July in McLean, Virginia. Fannie Mae & Freddie Mac, two groups that underpin trillions of dollars in mortgages are facing a crisis that could force a US government to step in & possibly nationalize am, but some say a mere promise of massive aid may be enough to restore confidence.(AFP/File/Paul J. Richards)AFP - Can Treasury Secretary Henry Paulson’s “bazooka” save mortgage finance titans Fannie Mae & Freddie Mac from a calamitous meltdown?

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Stocks tumble as Dell warns on tech spending (Reuters)

August 29th, 2008 by

Traders work on a floor of a New York Stock Exchange March 17, 2008. (Brendan McDermid/Credit Repair News)Credit Repair News - U.S. stocks tumbled on Friday, led
lower by tech shares after computer maker Dell warned that
companies worldwide are cutting back on technology spending.

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Stocks end lower on personal income data (AP)

August 29th, 2008 by

Traders work on a floor of a New York Stock Exchange March 17, 2008. (Brendan McDermid/Credit Repair News)Credit Repair - Stocks tumbled Friday after a government said personal incomes fell last month by a largest amount in nearly three years while consumer spending slowed. a Dow Jones industrial average more than 170 points, while a disCredit Repairpointing profit report from computer maker Dell Inc. weighed on a technology-heavy Nasdaq composite index.

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Consumer spending flags, but confidence rises (Reuters)

August 29th, 2008 by

A shopper walks past a store display in New York July 1, 2008. (Lucas Jackson/Credit Repair News)Credit Repair News - Personal income tumbled unexpectedly
in July & inflation-adjusted spending shrank as government
economic stimulus waned, but consumer spirits rose this month,
a hint a economy may muddle through its woes.

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Stocks fall on personal income data, Dell report (AP)

August 29th, 2008 by

Traders work on a floor of a New York Stock Exchange March 17, 2008. (Brendan McDermid/Credit Repair News)Credit Repair - Stocks tumbled Friday after a government said personal incomes fell last month by a largest amount in nearly three years while consumer spending slowed. a Dow Jones industrial average fell more than 100 points, while a disCredit Repairpointing profit report from computer maker Dell Inc. weighed on a technology-heavy Nasdaq composite index.

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Wall Street tumbles as Dell warns on tech spending (Reuters)

August 29th, 2008 by

Traders work on a floor of a New York Stock Exchange March 17, 2008. (Brendan McDermid/Credit Repair News)Credit Repair News - Stocks tumbled on Friday after a
warning by computer maker Dell that companies worldwide are
cutting back on technology spending spooked a tech sector.

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Dell warning on spending, oil weigh on Wall Street (Reuters)

August 29th, 2008 by

Traders work on a floor of a New York Stock Exchange March 17, 2008. (Brendan McDermid/Credit Repair News)Credit Repair News - Stocks tumbled on Friday as a price
of oil rose & a warning by computer maker Dell that companies
worldwide are cutting back on technology spending spooked that
sector.

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Wall St extends losses, Dow, S&P off 1 percent (Reuters)

August 29th, 2008 by

Traders work on a floor of a New York Stock Exchange March 17, 2008. (Brendan McDermid/Credit Repair News)Credit Repair News - Stocks extended air losses on
Friday, with a Dow & S&P 500 both shedding 1 percent as oil
prices rose & Dell warned that companies worldwide are
cutting back on technology spending.

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Strapped US consumers curb spending as inflation bites (AFP)

August 29th, 2008 by

A cashier rings up purchases at a Target store in Daly City, California earlier this month. US consumers snCredit Repairped shut wallets as a boost from tax rebates wore off & inflation soared in July, government figures have shown in what could be a bad omen for an economy dependent on consumer spending.(AFP/Getty Images/File/Justin Sullivan)AFP - US consumers snCredit Repairped shut wallets as a boost from tax rebates wore off & inflation soared in July, government data showed Friday in what could be a bad omen for an economy dependent on consumer spending.

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Disappointing Dell earnings, oil weigh on Wall Street (Reuters)

August 29th, 2008 by

Traders work on a floor of a New York Stock Exchange March 17, 2008. (Brendan McDermid/Credit Repair News)Credit Repair News - Stocks fell on Friday after a
previous session’s sharp gains, as a price of oil rose &
computer maker Dell posted a surprisingly steep drop in
quarterly earnings.

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