justsqueakingby.com » fed http://justsqueakingby.com Practical financial advice to revitalize your wallet. Thu, 03 Sep 2009 15:06:55 +0000 en hourly 1 http://wordpress.org/?v=3.1.2 A Rollercoaster Ride on Wall Street http://justsqueakingby.com/2008/financial-news/a-rollercoaster-ride-on-wall-street/ http://justsqueakingby.com/2008/financial-news/a-rollercoaster-ride-on-wall-street/#comments Fri, 19 Sep 2008 15:11:56 +0000 JSB http://justsqueakingby.com/?p=75 Wow! What a way to finish out the week. Wall Street has been up and down and all around over the past week. Stocks opened the day about 400 points higher. This due to the news that the government plans to rescue big banks from billions of dollars of bad debt. The bailout would be the biggest ever undertaken by the government.

In addition, the SEC has placed a temporary ban on the short selling of 799 financial stocks.

What’s up next? Only time will tell. For now, please fasten your seatbelts and keep your hands inside the car at all times. Please enjoy the ride!

]]> http://justsqueakingby.com/2008/financial-news/a-rollercoaster-ride-on-wall-street/feed/ 0 ING Lowers Orange Savings Account Interest Rate Again http://justsqueakingby.com/2008/banking/ing-lowers-orange-savings-account-interest-rate-again/ http://justsqueakingby.com/2008/banking/ing-lowers-orange-savings-account-interest-rate-again/#comments Tue, 11 Mar 2008 17:10:46 +0000 JSB http://justsqueakingby.com/2008/banking/ing-lowers-orange-savings-account-interest-rate-again/ Once again, ING has lowered the interest rate if its Orange Savings Account. The rate has changed to 3.10% APY. This is a 0.3% reduction from the previous 3.40% APY. Though it seems unlikely, the interest rate for the Orange Savings account could move lower if the fed decides to reduce the benchmark rate at their March 18th meeting.

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