Consumer spending slowdown deepens
“I don’t care whether the economy is in a recession, the consumer is in a recession”
A shopper leaves a Tiffany & Co. store in San Jose, Calif., in this Aug. 29, 2007 file photo. via Kentucky.com
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Top biz news of '06: Housing's decline The nation's house party ended with a thud in 2006, leaving everyone from condo flippers to Federal Reserve chairman Ben Bernanke waiting to see what would happen next.Commentread more...
Banks Borrow More from Fed; Wall Street Takes Pass Banks borrowed more over the past week from the Federal Reserve's emergency lending program, while Wall Street firms passed for the fourth straight week.read more...
Wachovia thinks big, amid concerns of overindulging Q: Are my shares of Wachovia Corp. going to do well? Will they increase as it grows? -- R.D., via the Internet A: The nation's fourth-largest bank in terms of
Mortgage rates rise this week (Pioneer Press) WASHINGTON ? Mortgage rates around the country went up this week, with rates on 30-year mortgages climbing to their highest point since December.read more...
Bankrate survey: Mortgage rates jump The bond market is coming to grips with the idea that interest rate cuts from the Fed will come later than they expected, an attitude adjustment that is reflected in
Market Values read more...
January 14th, 2008
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