Some airlines say they are handling problems that result from the Transportation Security Administration's name-matching requirement on a case-by-case basis, writes Chris Elliot. Nevertheless, they note that travelers may face a change fee or be forced to buy a new ticket. "It depends on how significant the change is that they're requesting," a Delta Air Lines spokeswoman said.
Daniel H. Mudd, CEO of Fannie Mae, knows and understands the ins and outs of the mortgage markets, but even he can't say when homeowners with jumbo loans should approach their lenders about refinancing. In this Washington Post column, Michelle Singletary explains why homeowners, many of whom are facing an increase in their monthly mortgage payments, are confused and have many questions about what's going on in the market.
Matthew Hougan has a long ETF wishlist that includes the AirShares EU Carbon Allowances ETF, NETS Hang Seng China Enterprises ETF and the SPDR Barclays Global TIPS ETF. Hougan says these funds fill obvious holes in the market. He is also dreaming up new products, such as a cheaper commodity fund.
Financial advisers are struggling to convince clients who have recently acquired their wealth of their need for various kinds of insurance, writes Thomas Kostigen for MarketWatch. These newly rich investors need to realize the complexity and vulnerability of their financial situation and obtain insurance to protect themselves.
As the New York Stock Exchange becomes more automated, companies listed on the exchange are missing out on information and stabilization, writes David Weidner for MarketWatch. Some companies are rethinking going with the NYSE because they are disappointed with what they get from the trading floor, according to Patrick Healy, who heads a company that consults firms interested in listing on an exchange.