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Wednesday, October 24, 2012

Personal Finance Daily: Memorable World Series matchups

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MarketWatch
Personal Finance Daily
OCTOBER 24, 2012

Wednesday's Personal Finance Stories

By MarketWatch

Personal Finance Daily
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Don't miss these top stories:

The World Series starts tonight, so what better time to look back at some of the most amazing fall classics in history. David Wilkerson talked to Major League Baseball's official historian to come up with five of the most memorable matchups, from the Cardinals and Yankees in 1926 to the Twins and Braves in 1991. Read more in today's Personal Finance pages.

Plus, read why mortgage rates are expected to slowly rise next year, read how the sales pace of new homes is at its highest since April 2010 and learn about five very cheap versions of pricey products.

Amy Hoak , assistant editor

The 5 most amazing World Series ever

The World Series. For decades it was America's premier sporting event, and it remains a compelling coda to the longest regular season in professional sports. Here are five of the best World Series ever played.
The 5 most amazing World Series ever.


TV's 10 highest-rated World Series games

Though Major League Baseball's attendance figures are healthy, the game's officials must wonder what it will take to increase television ratings for the sport's marquee event — the World Series.
TV's 10 highest-rated World Series games.


Mortgage rates will rise next year, but slowly

After reaching record lows in 2012, mortgage rates are expected to creep up slowly in the year ahead, the Mortgage Bankers Association predicted on Tuesday.
Mortgage rates will rise next year, but slowly.


5 ways Facebook could make more money off you

To boost revenue, some say the social network should charge for premium services.
5 ways Facebook could make more money off you.


Key tax issues to watch post-election

These eight tax matters could see big changes — depending on who wins the White House on Nov. 6.
Key tax issues to watch post-election.


5 absurdly cheap versions of pricey products

Is a $13 e-reader or $14-an-ounce caviar too good to be true?
5 absurdly cheap versions of pricey products.


ECONOMY AND POLITICS

Sales pace of new homes highest since April 2010

Sales of new single-family homes in the U.S. rose in September to the highest rate since April 2010, as prices dipped, the Commerce Department reported Wednesday.
Sales pace of new homes highest since April 2010.


Understanding ADP's new way to count jobs

With ADP pairing up with Moody's Analytics, the aim is to better align with government data that up to now have sharply diverged on more than a few occasions.
Understanding ADP's new way to count jobs.


German Ifo drop clouds global recovery hopes

Global investors grow more worried about the outlook for Germany and the world economy as the closely watched Ifo gauge of business confidence falls for a sixth month and as a euro-zone purchasing managers' index defies expectations for an October rebound.
German Ifo drop clouds global recovery hopes.


China factory data add to 'soft landing' view

China's manufacturing activity edges closer to expansionary levels in October, as HSBC factory data reach a three-month high, supporting the view that the Chinese recovery is firmly underway.
China factory data add to 'soft landing' view.


INVESTING

The crazy things you'll find on an expense report

You wouldn't believe what some people get away with expensing on the company's dime: Strip clubs, expensive wines, lingerie, even a tube of ChapStick, reports Al Lewis.
The crazy things you'll find on an expense report.


Are Facebook shares finally worth buying?

Is Facebook growing fast enough to justify its valuation? Recently, Mark Hulbert's answer has been a resounding "no," but given the company's latest earnings, it's now worth revisiting the question.
Are Facebook shares finally worth buying?


Use ETFs to give taxes the ax

Many ETFs regularly take steps to avoid the annual capital-gains distributions that can disrupt the tax planning of investors in traditional mutual funds. With year-end tax considerations coming into focus, this is a factor that investors should consider, writes Ryan Issakainen.
Use ETFs to give taxes the ax.


Hong Kong's savers losing purchasing power

If you think U.S. savers have it rough, spare a thought for Hong Kong's, writes Michael Casey.
Hong Kong's savers losing purchasing power.


Three horsemen of a weakened U.S. currency

Given the sheer quantum of U.S. debt and credit concerns, foreign investors may become increasingly be less willing to finance America at current rates, writes Satyajit Das.
Three horsemen of a weakened U.S. currency.


Watch out for window dressing

While window dressing is of dubious value to the fund holders, the practice can actually be a boon to retail investors who pay close attention.
Watch out for window dressing.


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