Amity students give back The $1,000 donation represented funds raised during the year by Amity Cares. On hand to receive the check was Tom Ayola, construction supervisor for Greater New Haven Habitat for Humanity.via
Biggest US bank failure yet to come, says former IMF economist Mumbai: A large US bank is expected to fail in the next few months as the worst of the global financial crisis unfolds, pushing the world's biggest economy deeper into
ECB chief welcomes US rescue of mortgage giants (AP via Yahoo! News) European Central Bank President Jean-Claude Trichet on Wednesday welcomed the U.S. government's decision to rescue mortgage giants Fannie Mae and Freddie Mac.read more...
Home Prices Keep Sliding; While Hesitant Buyers Sit Tight The U.S. housing market continues to cool with median home prices falling 2.2% from a year earlier. Some economists warn that prices will keep declining through much of 2007.read more...
Fishing for Hot Investments in A Cool Market A s the frenzied local real estate market appears to be cooling down, we are being asked a lot whether real estate is still a good investment. One feature
Phoenix hotel will be 'sophisticated Southwestern' (Reg Req'd) A new 1,000-room city-owned hotel in downtown Phoenix will feature rich woods, amber, rust and copper colors and a "sophisticated Southwestern decor," officials working on the project said this week.read
As Congress prepares to return from recess, lawmakers renew their calls for aggressive federal intervention to help homeowners. As the economic downturn deepens, congressional Democrats are turning up the heat on the White House and Republicans in Congress to respond more aggressively to the mortgage crisis when lawmakers return next week from their spring recess.
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