Yesterday five U.S. agencies issued the Volcher rule. Their actions will reshape the way financial institutions manage risk and conduct their operations. What does the rule mean for investors? Bloomberg offers an analysis. As the unemployment figures continue to drop, speculation is rising that the Federal Reserve will scale back its bond-buying program. Jeanna Smialek covers the story and the economists’ current forecasts. This time of year can put pressures on family budgets. Our final article offers tips on how to budget, not just at Christmas, but during the rest of the year.

Volcker Rule Is Approved By U.S. Regulators– The Volcher rule, issued yesterday, bars banks from speculating with their own money.  This should reduce bank risks similar to what was experienced during the financial crisis.

Fed Expected To Scale Back Bond-Buying Based On Jobless Drop– The U.S. unemployment rate fell to 7% in November, its lowest level in five years. The new numbers are fueling speculation that the Federal Reserve will start cutting back its bond-buying program as early as its next meeting, set for Dec. 17 and 18. The Labor Department said employers hired 203,000 workers last month, on the heels of 200,000 in October.

Budgeting Software Options–  This Christmas season is a good time to think about controlling expenses and managing a budget.  Researching budgeting software options can be overwhelming if you’re just getting started.  This article summarizes your options and recommends Mint for starters.

We hope you enjoy reading these articles along with us and that you find them informative.  Please forward this to your friends and family.

John R. Day, Bill Ennis, Stephanie Davidson and Matt Heller

Disclosure – The articles mentioned in Mid Week with Day & Ennis are for information and educational purposes only. They represent a sample of the numerous articles that the firm reads each week to stay current on financial and economic topics. The articles are linked to websites separate from the Day & Ennis website. The opinions expressed in these articles are the opinions of the author and not Day & Ennis. This is not an offer to buy or sell any security. Day & Ennis is under no obligation to update any of the information in these articles. We cannot attest to the accuracy of the data in the articles.