Personal Finance Daily: Apple upends the upgrade calendar with fourth iPad

	Personal Finance Daily OCTOBER 25, 2012 Thursday's Personal Finance Stories By MarketWatch Don't miss these top stories: With iPad, Apple upends the upgrade calendar Banks warned of risks from home-equity loans Of 5 'fiscal cliff' outcomes only 1 is disaster U.S. initial jobless claims drop to 369,000 Apple announced it's releasing a fourth full-size version of the iPad, just eight months after the debut of the last version — and that's getting some Apple devotees fired up, Charles Passy writes today. The turnaround time between versions this time around is the shortest yet. Read more about the implications of this quick upgrade in today's Personal Finance pages. Also, read why banks were warned by the national bank regulator about the risks of home-equity loans and learn about five "fiscal cliff" scenarios and how they might play out. —Amy Hoak , assistant editor With iPad, Apple upends the upgrade calendar Obsolescence used to be planned — now it's just unpredictable, say retail analysts. Do consumers lose? With iPad, Apple upends the upgrade calendar. ECONOMY AND POLITICS Banks warned of risks from home-equity loans Home-equity lines of credit represent a heightened risk to banks and borrowers that many people haven't focused on yet, a top official at the nation's bank regulator said. Banks warned of risks from home-equity loans. Of 5 'fiscal cliff' outcomes only 1 is disaster How will Washington deal with the impending 'fiscal cliff' of tax increases and spending cuts? Here are five scenarios about how it could play out. Of 5 'fiscal cliff' outcomes only 1 is disaster. Durable-goods orders rebound in September U.S. orders for long-lasting goods such as aircraft and heavy machines surged in September, mainly because of a rebound in bookings for commercial jets. Durable-goods orders rebound in September. Watchdog urges Treasury to get Libor out of TARP Loan programs in the taxpayer-funded sweeping bank bailout should cease relying on the Libor overnight interest rate given that it is "potentially subject to manipulation" and undermines confidence in the markets, a government watchdog said. Watchdog urges Treasury to get Libor out of TARP. U.S. initial jobless claims drop to 369,000 The number of Americans who applied last week for jobless benefits declined by 23,000, largely in line with economists' views, but the level of new claims confirms that the pace of hiring in the labor market remains stubbornly slow. U.S. initial jobless claims drop to 369,000. INVESTING Fix the debt? CEO fiscal-cliff letter falls short The CEO group won't put their money where their mouth is. In this town, it won't get you far, writes Steve Goldstein. Fix the debt? CEO fiscal-cliff letter falls short… Business investment has ground to a halt Business investment, one of the major engines of economic and profit growth over the past three years, has stalled out, at least temporarily, writes Rex Nutting. Business investment has ground to a halt. Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111