Lehman to cut 1,300 mortgage jobs (International Herald Tribune)
The investment bank said Thursday that it would stop U.S. wholesale mortgage lending because of a continued slump in credit and housing markets.
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Paulson says troubled assets will not be purchased The government has abandoned the original centerpiece of its $700 billion rescue effort for the financial system and will not use the money to purchase troubled bank assets.read more...
Home Depot Wants To 'Romance' Women The retailer has unveiled plans for stores that have a focus on bath and kitchen products and design showrooms. The new locations will use softer lighting and easier-to-reach shelves.
Stanford Proposes $1 Billion Hospitals Expansion PALO ALTO Officials from Stanford presented to the Palo Alto city council Monday their preliminary ideas regarding a massive expansion of the university's two hospitals estimated to cost near $1
Making a money-smart spending plan Forget the "B" word; it reeks of self-deprivation. What you want is a "spending plan" and it can help you get what you want.read more...
Katrina drives up building prices If you're planning an addition to your home, you might want to increase your budget.read more...
The Bottom Line / If only Such dreadful news about the economy was the last thing Amir Peretz's campaign team wanted to hear.read more...