Types Of Bankruptcy

Tips for sellers in a buyer's market  House prices are falling in much of the country, and more than 4 million dwellings are on the market.Commentread more...


Your Money Matters: Dealing with Rising Mortgage Interest Rates (Benton Evening News)  (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


A Touch of Ancient Egypt That Still Says 'Modern'    Just as the wheels of progress were turning in the Roaring Twenties, so too were they turning up in all the grand new buildings -- along with other highly


It takes a village to keep a secret like this  The hamster and the gerbil came early to Pam Stolte's house. It was the strongest sign that something was really going to happen at her friend's little house nearby on


Mortgage Securities Stir in U.K.  Alliance & Leicester, a British bank, sold about $745.7 million of high-quality bonds backed by home loans this week in a rare sign of life in the market for mortgage


Feds ready to fly on a discount  The federal government will pay 13 airlines about $1 billion in fiscal 2006 to shuttle federal employees on official business from city to city and around the world.read more...

September 14th, 2007

Stocks Finish Flat Ahead of Fed Meeting

“I think you’re seeing a lot of normal gyrations in anticipation of whatever the Fed does. They’re looking at the economic data and trying to cypher out of that how that’s going to impact the Fed’s decision next week”

Wall Street finished a strong week little changed Friday after investors looked past weaker-than-expected economic readings and focused on the ramifications of the Federal Reserve’s decision on interest rates next week.

Stocks initially fell sharply Friday following a government report that August retail sales excluding automobiles declined precipitously. The report suggested consumers held off spending in the face of turmoil in the financial markets, an unwelcome development that some on Wall Street are hoping could be reversed by a rate cut. Some investors regarded the readings as supporting the case for a rate cut when Fed policy makers meet Tuesday. Read more



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