Thursday's Personal Finance Stories
By MarketWatch
Don't miss these top stories: We all know that talking or texting while driving can have dangerous, even deadly, consequences. But it might actually be good for your car to message or talk to you and other cars. People in the automotive manufacturing and safety industries think that if vehicles could share essential information that their drivers aren't aware of, it could help prevent fatal collisions. Jennifer Waters writes today in her Consumer Confidential column about a study being done in Michigan to see if this new communication technology makes driving safer.— Anne Stanley , Managing Editor, Personal FinanceTalking cars could save your life
Some 3,000 vehicles in Ann Arbor, Mich., are being outfitted with new communications technology to test a system that aims to warn their drivers and drivers of other cars about impending danger.
Talking cars could save your life Mortgage delinquencies rise
Mortgage delinquencies rose in the second quarter to a seasonally adjusted rate of 7.58% of all mortgages, up from 7.4% in the first quarter, the Mortgage Bankers Association reported on Thursday.
Mortgage delinquencies rise Foreclosure activity down 3% in July
Foreclosure activity fell 3% in July compared with June, and dropped 10% compared with a year ago, according to RealtyTrac's latest market report, released on Thursday. That's the lowest level of activity since April.
Foreclosure activity down 3% in July ECONOMY AND POLITICS
U.S. trade gap narrows sharply in June
The nation's deficit between imports and exports narrows more than 10% in June. At $42.9 billion, it's the smallest gap since December 2010 and should help deliver a welcome boost to economic growth for the second quarter. The gap with China widens in the latest month but contracts for the euro area, data show
U.S. trade gap narrows sharply in June Weekly jobless claims fall unexpectedly
First time claims for unemployment benefits fall unexpectedly in the latest week. Jobless claims fell 6,000 to 361,000.
Weekly jobless claims fall unexpectedly Bank of Japan stands pat, keeping options open
The Bank of Japan leaves its interest rates and policy stance unchanged, reiterating its commitment to powerful monetary easing, but taking no further action to achieve its goal to spur a 1% increase in consumer prices.
Bank of Japan stands pat, keeping options open China data point to slowdown, need for easing
Chinese data show price pressures are abating as a weakening economy affects growth for industrial production and consumption, strengthening calls for Beijing to respond by further loosening its monetary policy.
China data point to slowdown, need for easing INVESTING
Stocks stall, putting higher rates in focus
Two turn-calling letters disagree on stocks — but expect higher interest rates.
Stocks stall, putting higher rates in focus Latest trend in tech: the M&A write-down
Big write-downs of recent tech mergers should have investors asking why companies are paying so much in many deals and not learning from their mistakes
Latest trend in tech: the M&A write-down Euro crisis pauses while Germans go on vacation
Even if the euro zone implodes, the South Tyrolean Alps will still be there for Angela Merkel and other German tourists to enjoy, writes Darrell Delamaide.
Euro crisis pauses while Germans go on vacation
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