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American Express card members can now receive daily deals, sent via the companys iPhone application and based on purchase history and location. Initially, the deals program will be in pilot mode with offers concentrated in New York and Los Angeles.

Launched Monday afternoon, the “My Offers” feature competes with the likes of Groupon and LivingSocial the largest players in the daily deals market but without the hassle of having to purchase a coupon, and returning it when doesn’t get redeemed.

“In an increasingly crowded marketplace, where consumers are bombarded with daily deals, we saw an opportunity to help our Cardmembers save time as well as money by curating meaningful offers for them,” said Josh Silverman, president of the U.S. consumer s

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Markets were down today on the results of the Greek elections, as a new coalition government has yet to form. In more positive news, job openings in March were at their highest since July 2008. Sprint (S) CEO Dan Hesse had to take a $3.25 million paycut as an expensive deal he made with Apple (AAPL) to get the iPhone on their network continues to be controversial among investors. Ford (F) is going to be increasing production time in 13 North American factories in order to produce an additional 40,000 vehicles in 2012.

Word on the Street

• Political uncertainty in Greece brought global markets down today.
• The S&P 500 hit a monthly low.
• Job openings hit a four year high in March.
• Sprint’s (S) CEO took a paycut because of how costly the iPhone deal was to the company.
• Ford (F) is going to add a week of production to some of its North American factories.
• Bank of America (BAC) has begun its home loan modification offers.

Interesting Tidbits

• The VC Industry Is Broken. N

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Mortgage lending companies realize the fact that not all aspects of life can be controlled. Unplanned events and accidents may push a consumer towards financial crisis. A good Mortgage Lender will work with consumers to achieve the most satisfying of deals. It is understandable that financial problems can take years to resolve and it is best to move and work hard to upcoming life.

An easy way of searching for mortgage companies is through internet. Consumers can find much of the needed information of internet with little effort.

Mortgage Lender for Bad Credit Scores

Consumers who are financially distressed shall be helped by mortgage companies to the best of their ability. Those consumers, who want to purchase a home despite their past financial record, can take help from Mortgage Lenders.

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One in 88 children in the U.S. has autism, according to a new report from the Centers for Disease Control and Prevention. That’s almost 25 percent more than in 2006, and nearly double the rate of 2002.

Published today in the CDC’s Morbidity and Mortality Weekly Report, the study looked at 2008 data from 14 communities. Autism and related problems are almost five times more common in boys than girls, and the number of children identified with the disorders ranged from one in 210 children in Alabama to one in 47 children in Utah. The largest increases were among Hispanic and black children.

Finding out that your child has autism or some other developmental delay is difficult. See our report on a checklist that can be an early alert to autism spectrum disorders.

Last week ProPublica reported that Freddie Mac and Fannie Mae had run new analyses on the effects of widespread mortgage principal write-downs,. They found that such action would not only would this help keep many Americans in their homes, it would also, counterintuitively, help Fannie and Freddies bottom line. Foreclosures are expensive, lengthy processes, where lenders often get stuck with a house of seriously diminished value. By writing down the outstanding principal on the loan, Fannie and Freddie can likely keep people in their homes: the costs of the write-downs outweighing the benefits of seeing a mortgage paid down to completion.

This raises a pressing question: would the same be true of student loan forgiveness?

Student loan debt is structured differently from mortgages. Mortgages typically have a strict 30-year repayment period. More importantly, after a few months of not paying your mortgage, your lender may start foreclosure proceedings taking the asset, your home, as collateral.

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A number of parties have expressed interest in acquiring some of the assets of WorldSpreads Group; the disgraced financial spread betting provider. KPMG which is acting as WorldSpreads’ administrators stated on Tuesday that while no actual sale of the business will be realised, parts of the business and data centre assets could be sold.

A KPMG spokesperson declined to identify the companies interested in WorldSpreads assets, although British newspapers said rival spread-betting firm ETX Capital was interested in WorldSpreads. ETX Capital declined to comment on the situation. KPMG added that there would be no sale of WorldSpreads client list. The spokesperson added there would be no sale of WorldSpreads client list.

Major indices were up today, and the S&P 500 was within 10 percent of reaching its all-time high of 1,565.15, set in 2007 before the financial crash. This was prompted in part by Apple (AAPL)’s announcement that they would be using part of their $100 billion in cash to begin issuing dividends, as well as initiating the buyback of $10 billion in shares over a three year period. Meanwhile, United Parcel Service (UPS) will be acquiring TNT Express, the second largest package delivery company in Europe, for a cool $6.77 billion. Read full post…

China is now the world’s second largest economy and the Chinese have made it clear that they would like to see the Yuan become established as a reserve currency for the settlement of international trade. If this is to happen, then the Chinese will have to allow much freer access to the Yuan.

In what might be the first move towards greater accessibility to the Yuan from foreign countries, China has agreed to let Japan invest $10 billion in its government bonds. China and Japan hold the biggest reserves of foreign exchange and entered into an agreement which permitted direct exchange of their currencies (without the need to convert them to US Dollars first). The idea behind this was to cut business costs and to boost bilateral trade. B

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