Official: Growth to Be Slower Federal Reserve Chairman Ben Bernanke said Wednesday the economy has emerged from its anemic spell, but overall growth for the year will be lower than expected. Inflation remains the chief
Dow Drops 39, Nasdaq Sheds 10; Oil Rises Stocks ended a lackluster week with a moderate decline Friday as higher oil prices weighed on investors' already rickety sentiment and Treasurys rallied amid concerns about a meltdown in the
RBS Raising $23.9B After Mortgage Losses (TheStreet.com) The British bank said it would seek the capital infusion through a rights issue to cover $11.7 billion in losses tied to the U.S. mortgage market.read more...
FBI warns of escalating mortgage fraud (INO News) (AP:WASHINGTON) The sinking housing market is fertile ground for mortgage fraud, the FBI warns in a new report.read more...
Paying your bills is your business "If you can't handle your own money you're not going to be hired by a company that handles other people's money" You might think it's nobody's business when -
Housing Construction Falls for 2nd Month Construction of new homes slipped for a second month in August, providing fresh evidence that the nation's housing boom may be cooling.read more...
Canadian June housing starts rose to the highest level since the start of the year, while investment in non-residential construction hit a record in the second quarter, two separate reports said Monday.
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