Money Matters - Simplified


Lloyds Suffers the Bad Luck of the Irish

You expect one or two fly-by-night companies to sneak out bad news during the quiet Christmas period. You don't expect it from $70 billion Lloyds Banking Group  (NYSE: LYG).

Heart risk higher in Type D personalities--study

Pessimistic, stressed-out people are more prone to heart problems. According to the findings of a new study, “distressed” people, having a personality profile known as Type D, carry thrice the risk of future heart problems, compared to more contented, optimistic people.

Climate negotiators pessimistic

Bonn, Germany -- International talks on global climate change have moved backwards in the last year, negotiators preparing for the next climate summit in Mexico say.

As a week of talks in Bonn, Germany, concluded there were charges some major developing countries were backing away from agreements to reduce their greenhouse gas emissions, saying such commitments should only apply to industrialized countries, the BBC reported Friday.

"At this point, I am very concerned," chief U.S. negotiator Jonathan Pershing said.

"Unfortunately, what we have seen over and over this week is that some countries are walking back from progress made in Copenhagen, and what was agreed there," he said.

Poll: Pessimism increases in Britain

London -- British consumers are more pessimistic about their economy than they were two months ago, a survey released Thursday said.

In a recent survey of 2,008 British adults, 88 percent of respondents indicated the economy was in "poor shape," Angus Reid Public Opinion said.

In addition, 64 percent of the respondents indicated their own financial situation was "poor," 4 percentage points higher than a May survey.

In May, 20 percent of respondents indicated they believed the economy was going downhill. In the current survey, 34 percent indicated the economy was deteriorating.

Poll shows U.S. consumers are pessimistic

New York -- A wide-ranging survey about the U.S. economy indicates many consumers are still "glum" about national and personal finances, a research group said Friday.

Angus Reid Public Opinion said a recent online poll of 1,008 U.S. consumers found 83 percent of the respondents indicated the national economy "is in bad shape."

"Americans continue to have a glum view of their economy but there are some signs of optimism," researchers wrote.

Among U.S. consumers, only 4 percent indicated their own personal finances were in "very good" shape, while 35 percent indicated their personal situations were "good."

Only 3 percent indicated the recession was over, researchers said.

If handed $1,000, what would you do?