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Welcome to Money 59,
subject gap insurance

 
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How does gap insurance work?

If your car is stolen and never recovered or declared a total loss due to an accident, your auto insurance company will pay the actual cash value of the car.The actual cash value can be a lot different from what you still owe on your loan. Without gap insurance you are still responsible for paying the difference between the actual cash value and the amount left on the loan.This might mean ha... : How does gap insurance work?

Stocks Headed Higher; Oil Prices Decline

By Michael Flaherty NEW YORK (Reuters) - U.S. stocks looked to open higher on Monday, helped by lower oil prices, with a lightly staffed Wall Street hoping to extend a year-end rally. Shares of retailer Sharper Image Corp. (SHRP.O: Quote , Profile , Research ) may take a hit after the company lowered its fourth quarter and fiscal year forecast. Boeing Co. (BA.N: Quote , Profile , Research ) shares may rise after news that China Eastern Air (0670.HK: Quote , Profile , Research ) , which co... : Stocks Headed Higher; Oil Prices Decline

GE to Cut Stake in Genworth to 51 Pct

BOSTON (Reuters) - General Electric Co. (GE.N: Quote , Profile , Research ) on Monday said it would sell up to 82 million shares of Genworth Financial Inc. (GNW.N: Quote , Profile , Research ) , cutting GE's stake to 51 percent from 70 percent in the insurer that it spun off last year. The secondary offering is part of GE's ongoing plan to pare back its insurance business in favor of consumer and commercial f... : GE to Cut Stake in Genworth to 51 Pct

US Stocks Up;Drop in Oil,Retail Data Help

By Anupama Chandrasekaran NEW YORK (Reuters) - U.S. stocks rose on Monday after some retailers reported strong holiday sales and as oil prices sunk more than $2 a barrel. Amazon.com, Inc. (AMZN.O: Quote , Profile , Research ) rose 6.2 percent to $41.36 after the online retailer said its holiday sales season was the busiest ever. Shares of Sirius Satellite Radio (SIRI.O: Quote , Profile , Research ) rose 4.5 percent to $8.31 af... : US Stocks Up;Drop in Oil,Retail Data Help

Making the Most of Those Deductions

By Linda Stern WASHINGTON (Reuters) - Income taxes are the price we pay for our civilization, as Oliver Wendell Holmes once said. But there's no point in going overboard. It's good to aim at paying what you're supposed to -- and not more. Some take that idea to excess. This week, federal agents charged telecommunications entrepreneur Walter Anderson with tax evasion so extreme they say he once ... : Making the Most of Those Deductions
For more information about gap insurance: The livestock price insurance portal
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