Mortgage and Financial News From 2008-1-17 Page 15
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Economic bailout needed for US economy, expert says - Rocky Mountain News
Economic bailout needed for US economy, expert saysRocky Mountain News, CO - 28 minutes agoThe savings in interest rates would flow back into the economy, he said. At the other end of the spectrum, he applauded moves by the government that make it ...
2008-01-17 07:31:57 -
Law of supply and demand says: Buy a home now - Atlanta Journal Constitution
Law of supply and demand says: Buy a home nowAtlanta Journal Constitution, USA - 28 minutes agoGiven Atlanta's market stability, healthy economy, historically low interest rates, excess in the supply of new homes (yielding significant builder-to-buyer ...
2008-01-17 07:32:03 -
US contagion forces Sweden to lower forecast - Euro2day
US contagion forces Sweden to lower forecastEuro2day, Greece - 28 minutes ago"However, if the financial unrest persists and international economic activity is weaker than expected, the interest rate may instead need to be lower. ...
2008-01-17 07:32:07 -
Did somebody say "recession"? - Salon
Did somebody say "recession"?Salon - 27 minutes ago... lowering interest rates. So when Ben Bernanke told Congress on Thursday that "fiscal action could be helpful, in principle" for addressing the current ...
2008-01-17 07:33:05 -
Wipro Records 32% Growth in Total Revenue - WELT ONLINE
Wipro Records 32% Growth in Total RevenueWELT ONLINE, Germany - 12 minutes agoGlobal IT Services and Products Earnings Before Interest and Tax (EBIT) was Rs. 7.44 billion ($189 million1). Global IT Services & Products added 39 new ...
2008-01-17 07:48:15 -
The Constitution - A citizen's view - Barnstable Patriot
The Constitution - A citizen's viewBarnstable Patriot, MA - 5 minutes agoReducing interest rates, as the Fed does to stimulate the economy can lead to excessive investment in marginal activities whether they be manufacturing, ...
2008-01-17 07:55:19 -
Asian stocks dive anew on U.S. recession fears (Reuters via Yahoo! UK & Ireland News)
Asian stocks tumbled anew on Friday after the latest salvo of sour signals about the U.S. economy pummelled Wall Street, sending the benchmark S&P 500 down 3 percent to a 15-month nadir.
2008-01-17 07:32:00 -
Economic bailout needed for U.S. economy, expert says (Rocky Mountain News)
A massive federal bailout may be needed to pull the country out of the worst U.S. credit crisis tsince the Great Depression.
2008-01-17 07:33:59 -
Did somebody say "recession"? (Salon.com)
The last time politicians fought over how to jump-start the economy, we all got paid. Can we now expect a check in the mail?
2008-01-17 07:39:14 -
Hammers Go Quiet (The Press-Enterprise)
WASHINGTON - The steep slump in housing intensified at the end of last year, pushing home construction down by the biggest amount in almost three decades.
2008-01-17 07:51:46 -
The Constitution - A citizen's view (The Barnstable Patriot)
This series is written by a private citizen with an abiding interest in U.S. history and particularly its founding documents: the Declaration of Independence and the Constitution.
2008-01-17 07:55:29 -
Asian stocks dive anew on U.S. recession fears (Interactive Investor)
Business Finance and city news online from Interactive Investor (www.iii.co.uk). Plus financial and currency market news and information 24/7. Stock prices, share prices, currency markets news and business finance headlines. Also news from AFX and Reuters.
2008-01-17 07:55:34 -
Asian stocks dive anew on U.S. recession fears (KPLC Lake Charles)
By Tom Miles HONG KONG (Reuters) - Asian stocks tumbled anew on Friday after the latest salvo of sour signals about the U.S. economy pummeled Wall Street, sending the benchmark S&P...
2008-01-17 07:58:31 -
Home Starts Tumble to 16-Year Low
Wall Street Journal - At the same time that banks are tightening mortgage lending to home buyers, some are also scaling back ... One large lender, IndyMac Bancorp Inc., said it funded no new home-builder loan commitments in November or December, "as we continue to focus ...
2008-01-17 05:18:00 -
MBIA, Ambac Tumble, Default Risk Soars After Losses (Update2)
Bloomberg - MBIA and Ambac are trading at levels reached by Countrywide Financial Corp., the mortgage lender battered by speculation it would file for bankruptcy before agreeing last week to be bought by Bank of America Corp. Credit-default swaps are ...
2008-01-17 08:35:00
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