Bernanke assures Hill on mortgage hit (AP via Yahoo! News) Federal Reserve Chairman Ben Bernanke told Congress Thursday the credit crisis has created "significant market stress" and offered fresh assurances that regulators would take steps to curb fallout related
Dead zones: Cell service lags at big box stores, customers say Make no mistake, retailers want you to buy that bread and bulb, but studies are showing that stores often create cell phone dead zones and lost sales.read more...
U.K. Mortgage Repossessions Reach Highest Since 1999 (Update1) (Bloomberg.com) Feb. 8 (Bloomberg) -- U.K. housing repossessions reached the highest since 1999 last year and will increase further this year as banks curb lending and the economy slows, the Council
KKR unit hit by mortgage losses "Essentially, the method of financing the assets that (KKR) holds in portfolio has significantly changed for the worse" An affiliate of powerful leveraged buyout firm Kohlberg Kravis Roberts &
Inflation Fears May Overshadow Earnings NEW YORK Oil prices fell substantially last week, yet the stock market dropped to its lowest levels since early July.read more...
Bank mortgage lending falls 20% (BBC News) Bank mortgage lending to house buyers fell by 20% in May to a record low, a banking group says.read more...
Wholesale prices shot up in July at the fastest year-on-year rate since 1981, while home builders cut back on construction as they worked through a glut of unsold homes, government data showed on Tuesday.
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