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- WASHINGTON (AP) _ People are skittish about the economy's immediate future. Ask how things will be in a year and you hear a different story — and a remarkable show of optimism despite economists' widespread expectations that a serious recession is ...
- WASHINGTON — Lawmakers have called key players from the past and present to congressional hearings in an effort to find out what caused the biggest financial crisis since the 1930s and determine how the government plans to get the nation out of the ...
- Mortgage approvals are still running at less than half the level of this time last year, according to the British Bankers' Association. The September figure alone was slightly up - but the overall figure was down 57% on 2007. But despite the increase ...
- WASHINGTON---- Lawmakers have called key players from the past and present to congressional hearings in an effort to find out what caused the biggest financial crisis since the 1930s and determine how the government plans to get the nation out of the ...
- The number of mortgages approved for people buying a new home rose during September but remained 57% lower than a year ago, figures show. A total of 23,422 loans for house purchase were approved during the month, 10% more than in August, when numbers ...
- Mortgages approved for house purchases by banks are still very low The number of mortgages approved for house purchase by the UK's biggest banks rose slightly in September, from 21,342 in August to 23,422 last month. However, the British Bankers ...
- The Department of Foreign Affairs and Trade (DFAT) says the Federal Government has been asked to help buy 200,000 tonnes of oil for North Korea, to assist with the six party nuclear disarmament agreement. The Department's Graham Fletcher has told a ...
- Albert L. Lord is vice chairman and chief executive of Sallie Mae. (By Michael Nagle -- Bloomberg News) Sallie Mae reported a $159 million loss in the third quarter as the ongoing credit crisis pushed up costs for the nation's largest student lender ...
- WASHINGTON -- Michigan lawmakers intend to urge Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson to use their regulatory powers to loosen up credit to help finance car loans. The members of Congress said in a letter obtained ...
- NEW YORK -- After three days of relative calm, turbulence returned to Wall Street on Wednesday. Louder warnings of a deep recession and weak corporate earnings took the Dow Jones industrial average down 514 points amid fears that government ...
- Wachovia Corp. reported a staggering third-quarter loss of nearly $24 billion US Wednesday, devastated by its acquisition two years ago of Oakland, Calif.'s Golden West Financial Corp., a specialist in tricky adjustable-rate mortgages. The deficit at ...
- TOKYO, Oct 23 (Reuters) - Japan's second-largest bank, Mizuho Financial Group (8411.T: Quote , Profile , Research , Stock Buzz ), may delay planned share buybacks to preserve capital in the face of global financial turmoil and sliding profits, a ...
- TORONTO — George Weston Ltd. has sold its Neilson Dairy business to Saputo Inc. for $465-million. Weston said Wednesday that the sale by its Weston Foods subsidiary “allows Neilson Dairy to continue to grow with Saputo, Canada's largest dairy ...
- Expatriates who stand to lose their life savings in the liquidation this week of Icelandic bank Kaupthing Singer & Friedlander in the Isle of Man will present petitions today to the UK, Manx and Icelandic governments. They are among 10,000 depositors ...
- The shape and scope of the Wall Street bailout is finally clear, but a big question remains: How will we pay for it? Propping up the US financial system will require the federal government to borrow hundreds of billions of dollars, adding to a ...
- bagoverhead guy from Delta, B.C., Canada writes: We have been buying about 100 chocolate bars/week for our staff...wide variety of all brands/types, but are noticing the bars are becoming smaller, with rising prices. To protest the ever-rising prices ...
- Reporters from the International Consortium of Journalists went undercover in Kaliningrad in August, one posing as a Romanian smuggler setting up a new route to the EU. Packets of Jin Ling were impossible to purchase in the shops of the Russian city ...
- Beefed-up first home owners grant slow to boost market Analysts say market could be 'artificially inflated' Property : Latest news and features in our Money section KEVIN Rudd's bold bid to lure first-home buyers into the nation's sluggish property ...
- Oak Hill Hospital , 11375 Cortez Blvd., Spring Hill, has received the American Stroke Association's "Get With the Guidelines" bronze performance achievement award. The award recognizes Oak Hill's commitment to a high standard of stroke care by ...
- (WASHINGTON) — The once frenzied pace of corporate acquisitions in many industries has come to a near standstill in the face of frozen credit and plunging global financial markets. The volume of withdrawn bids also has skyrocketed to record levels ...
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