Mortgage and Financial News From 2008-5-5 Page 8
Previous Day: 2008-05-04
Return to the mortgage news archive home.
Page: 01 2 3 4 5 6 7 8 9 10 11
-
UK-World Summary (Reuters via Yahoo! Philippines News)
Cyclone kills at least 10,000 in Myanmar
2008-05-05 11:42:39 -
Wall St slides on Countrywide worry, oil surge (EARTHtimes.org)
NEW YORK (Reuters) - Stocks fell on Monday as financial shares slid on fears that the buyout of mortgage lender Countrywide Financial Corp may unravel, while record oil prices fanned fears about the outlook for consumer spending.
2008-05-05 11:48:18 -
Fed task force eyes lenders and Wall Street in subprime mess (AP via Yahoo! Finance)
Federal authorities, responding to the subprime-mortgage crisis, have formed a task force to determine if lenders or Wall Street firms participated in fraud.
2008-05-05 11:52:34 -
Sid Blumenthal, Busted - Slate
It doesn't look to me like John McCain was "unhinged" or "irate" or losing his "cool" in his recent videotaped airplane confrontation with the NYT 's Elisabeth Bumiller. He was simply employing the debating tactic he often uses when confronted with a ...
2008-05-01 05:53:00 -
Selling off the TTC is back on the table. Is it time? - Globe and Mail
joe 6 pk from Canada writes: ttc will never be a gem .... as long as miller is ... around .... Maple Leaf from Canada writes: Sell TTC...split the unions... I am sick and tired of these greedy unions taking public transit users taking pawns in their ...
2008-05-02 05:59:00 -
Andy Oram Reports - American Reporter
CAMBRIDGE, Mass., Feb. 20, 2996 -- The rhetoric is whipping through the air in Washington and racing at a dizzying pace across the Internet, as highly publicized hearings on a "network neutrality" bill were held on February 7. Vint Cerf testified ...
2008-05-05 03:23:00 -
JPMorgan Chase takeover should help allay concerns about Bear Stearns ... - Chicago Tribune
Q : I am worried about holding on to bonds issued by Bear Stearns just weeks before the bailout. Although I bought them for $75,000, my broker told me a few weeks ago they were worth only $68,000. I need all the income I can get because I'm a widowed ...
2008-05-04 08:17:00 -
Web Start-Ups Seek New Ways to Click - Wall Street Journal
As concerns mount that the slowing economy may hurt the online-ad market, Silicon Valley Web start-ups are developing new approaches. Companies such as online-software venture Slide and video and social-networking site Bebo are trying to run ads that ...
2008-05-05 02:54:00 -
Tentacles of recession and the Great Unwind - Financial Times
By way of relief from the drama of the credit markets, let us pause to consider equities. It is now eight years, give or take, since the main world markets peaked. Where are we now, and what are the prospects? Let us leave aside the booming markets ...
2008-05-04 07:09:00 -
Search for savings - The Daily Advertiser
In these uncertain times, some folks aren't comfortable unless their savings are safely ensconced in a bank account that's fully insured by the federal government. And even then, they may get a little anxious. The trouble with this strategy is that ...
2008-05-05 12:38:00 -
Shoals loom in banking fog - Montreal Gazette
While many experts feel it's safe to invest in Canadian financial companies again, others fear another debacle could be looming. Canadian banks and insurance companies didn't tumble in share prices nearly as much as many U.S. firms, therefore the ...
2008-05-05 02:11:00 -
Financial advisers: Don't tap into retirement savings to pay down debt - Rockford Register-Star
In a turbulent economy, American families can’t see past the next payday, let alone to retirement. So more are ditching retirement savings to deal with pressing expenses and debts, figuring someday they’ll make it up. About half the people ...
2008-05-05 06:07:00 -
Safeguard Your Retirement in Hard Times - BusinessWeek
Investment losses, job loss or downsizing, an upward adjustment on your adjustable rate mortgage, and higher prices on everything from gas for your car to rice for the table are only some of the current factors that could derail your financial ...
2008-05-01 05:53:00 -
Congress goes extra mile for homeowners - Las Vegas Sun
Southern Nevada is hung over from the housing boom. More than 29,000 homes in Clark County were involved in foreclosure — default on a mortgage, auction or repossession by a lender — from Sept. 1, 2007, to March 31, 2008, according to foreclosure ...
2008-05-05 02:11:00 -
Spanish consumers quail, car sales seen falling - Guardian Unlimited
MADRID, May 5 (Reuters) - Spanish consumer confidence tumbled to a historic low and car makers said they expected a steep fall in sales this year in further signs on Monday that the country's economic deterioration is gathering pace. Consumer ...
2008-05-05 04:34:00