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CNN Your Money May 15, 2010



and krista freeland is a economist at large. euro euro europe. you have to pay for the things you want and you have to buy them cost effectively. when we pay 50%, 75% more than the journalists do, with the drugs and anesthesiologists and what have you. the price of debts will soar, there s a lack of confidence in the ability of the united states to manage it s finances. this is something we re going to be talking about for months and years to come. the u.s. investors still have a great deal of confidence in the u.s., in the fact that we always pay our bills. that s right, and pete sir absolutely right, but there are big differences between greece and the united states. the single biggest difference is the u.s. debt is issued in u.s. dollars. greek debt was issued in euros. that is a crucial difference particularly now when the increasing volatility of global markets has actually made the dollar a safe haven currency, so even as we have seen increasing problems in ....

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Detailed text transcripts for TV channel - CNN - 20100508:13:40:00

Aaron moore had the top score, a perfect one. we learned math. how to add, subtract, multiply and divide and learn english to write and speak well but what everyone does not learn is finance. the missing piece to our future. reporter: unfortunately, aaron and the other top scorers who earned a trip to the treasury in washington are the exceptions. the average score across the country was just 70%. too many students failed to answer basic questions about credit cards, car insurance and compound interest. in our fast-moving and increasingly complex economy, making the right decisions about personal finance just seven or eight times out of ten actually isn t good enough. reporter: the challenge was also a wake-up call for the nation s educators who need to be fluent in finance if they re going to teach it. terry carson, a certified public accountant has been doing just that at stonewall jackson high school, a public school in virginia for the last five years. what do i think we ....

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CNN Your Bottom Line May 8, 2010



affected we want to help you out. there is a lot assistance through federal disaster aid programs if your county has been declared a state of emergency. take a look at some things you can do. grants to repair or replace things in your home that have not been covered by insurance. you can get low-interest loans for some of that uninsured property that may have been damaged or destroyed and if you ve been displaced from your home because of the flooding there is temporary housing available to you for up to three months. also, if you ve lost your job temporarily because of the flooding, there are unemployment benefits for up to 26 weeks, folks, that you can qualify for and you also may be eligible for crisis counseling in order to find out if you are go online to disasterassistance.gov or call 1-800-621-fema for more information on that and aside from basic information like your name, your address and your phone number, you should have a lot of things ready. have informati ....

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