Labour warns higher rates may result from tax cuts and spending Finance Minister Michael Cullen said the Reserve Bank had warned today further interest rate rises may be needed to contain inflation and voters should consider their options.read more...
Strictly Business Sonoma County residential construction surged in June led by new apartments and condominiums, pushing the pace of construction in the first half of 2005 to its fastest pace in five
New-Home Sales Take Biggest Plunge in 5 Months Sales of new homes tumbled in June by the largest amount in five months, provoking new worries on Wall Street about how much the prolonged housing slump will hurt the
The Korea Herald : The Nation's No.1 English Newspaper Alan Greenspan attained an almost iconic status as governor of the Federal Reserve Board.read more...
Saving rate lowest in U.S. since Depression WASHINGTON - Americans spent more than they made last year - something they haven't done since the Great Depression, a time of massive unemployment and soup lines.read more...
How NovaStar held clues to mortgage mess (Market Watch) SAN DIEGO (MarketWatch) -- Now that we know what we should have been looking for, it is easy to spot signs that the mortgage morass was occurring long before it
(ARA) – Many Americans are asking themselves what they should be doing in the wake of rising, and sometimes, fluctuating mortgage rates. It’s an important question because for many Americans their home equity represents the cornerstone of their personal wealth.
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