Financial news on September 5th, 2009

Business and Financial news
Art Funds Feel a Revival as Economy Thaws Out

As signs multiply that the economic and financial crisis may be ending, investor interest is cautiously returning to art as an alternative asset. Read more..

By NAZANIN LANKARANI - International Herald Tribune

Bid to Block Access to Colonial’s Assets Is Granted

Bank of America won a bid to continue blocking regulators from gaining access to more than $1 billion in cash and loans held by the bankrupt Colonial BancGroup. Late Friday, a federal judge in Miami extended an injunction barring the Federal Depos... Read more..

By BLOOMBERG NEWS - The New York Times

Construction Loans Falter, a Bad Omen for Banks

At the end of June, about one-sixth of all construction loans were in trouble, making them a major source of risk for banks. Read more..

By FLOYD NORRIS - The New York Times

How to Manage Dental Costs, With or Without Insurance

Prevention and planning can save patients a lot of money, as can spacing out procedures and using dental school clinics. Read more..

By WALECIA KONRAD - The New York Times

Somebody’s Watching ... and Ready to Sue

The dispute over a stone wall in Westport, Conn., opens a window into life in a wealthy suburb, where neighbors have enough money to fight for years over an issue. Read more..

By PAUL SULLIVAN - The New York Times

Teenage Jobless Rate Reaches Record High

The rate for August was the highest since the government began keeping track in 1948 and nearly three times that of the nonteenage population. Read more..


The Wall Street Journal and The New York Times Plan San Francisco Editions

The two newspapers are hoping to win more readers and advertisers by offering more local news. Read more..

By RICHARD PÉREZ-PEÑA - The New York Times

Transformation Most Boomers Only Wish For

Marla Ginsburg decided after a two-decade television career in Paris and Los Angeles to reinvent herself as a fashion designer in Montreal. Read more..

By ANDRÉA R. VAUCHER - International Herald Tribune

Why College Costs Rise, Even in a Recession

If you have paid college tuition recently, you probably have questions. Where does all that money go? And why doesn’t the price tag ever fall? Read more..

By RON LIEBER - The New York Times

W.T.O. Says Aid to Airbus for A380 Was Illegal

Both American and European Union officials declared victory after a confidential finding, which said Airbus received illegal subsidies, was given to trade agencies. Read more..


See what else happened on September 5th, 2009