ACROSS THE BOARD.Thinking about reconfiguring your investments? Tired of single-digit returns during years when major indexes grow by 20 percent or more? Then check out the year-end results from Wall Street inside today's Sunday Business Sunday Business was a national Sunday broadsheet newspaper published in the United Kingdom. It was founded in 1996 by Tom Rubython in order to provide a Sunday alternative to the Financial Times. , plus forecasts for the coming year. In addition to the traditional tables of results from the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , Nasdaq and the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. , the section includes a review of the year that was plus forecasts for the markets and major industries for '99. BIZ BYTES MONDAY National Association of Purchasing Management releases report on the manufacturing sector for December. Treasury bill auction. MacWorld opens its weeklong trade expo in San Francisco for Apple Computer products and related software and hardware. ALSO TUESDAY: Commerce Department releases construction spending Construction Spending An economic indicator that measures the amount of spending towards new construction. Released monthly by the U.S. Department of Commerce's Census Bureau, it looks at residential and non-residential construction in the private sector, and state and federal at for November, 10 a.m. WEDNESDAY: Commerce Department releases new home sales New Home Sales An economic indicator that measures sales of newly built homes. Released by the U.S. Department of Commerce's Census Bureau, it includes both quantity and price statistics. for November, 10 a.m. THURSDAY: Labor Department The Department of Labor (DOL) administers federal labor laws for the Executive Branch of the federal government. Its mission is "to foster, promote, and develop the welfare of the wage earners of the United States, to improve their working releases weekly unemployment claims. Commerce Department releases report on factory orders for November. Freddie Mac Freddie Mac: see Federal Home Loan Mortgage Corporation. releases weekly mortgage rates. FRIDAY: Labor Department releases unemployment figures for December. BIZ BYTES PLUGGED IN: About half of U.S. mutual fund investors use the Internet to get information, up significantly in recent years, according to a survey conducted for American Century Investments American Century Investments is a privately held investment management firm. Its headquarters are located at 4500 Main in Kansas City, Missouri, near the famous Country Club Plaza. It was formerly known as Twentieth Century Investments. The company was founded by James E. . The telephone survey of 250 mutual fund investors concluded that about half the Americans who own mutual funds use the Internet. That compares with 33 percent in 1997 and 18 percent in 1996. While more investors are using the Internet, most are still reluctant to buy and sell fund shares through the Internet, according to the survey. Just 9 percent of fund investors said they made transactions via the Internet, down from about 11 percent in 1997, the survey found. - Bloomberg News SITE OF THE WEEK HOME PAGE: Recent home buyers curious about what is covered by their home warranty insurance can find the answers at http://www.warrantyassn.com, the Web site of Burbank-based Home Warranty Association of California. The site, featuring animation and color graphics, includes a list of facts about home warranties and a checklist of steps homeowners can take to extend the life of their home's operating systems. It also includes a description of what a home warranty contract covers and how it works, a profile of the association, as well as names, phone numbers and Web sites of member firms. A warranty covers a home's major operating systems for one year after the close of escrow. |
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