Bank of England set for August cut in interest rates
The Bank of England seems to be on course to cut interest rates in August after minutes of its latest meeting showed two policymakers voted unexpectedly for a reduction in June.
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South Florida: Woman pleads guilty in mortgage fraud case (Sun-Sentinel) A Miramar woman pleaded guilty to 15 counts in a mortgage fraud case Friday in federal court in Fort Lauderdale.
What Your Portfolio Needs Feeling whipsawed by this market? It's times like these when a diversified portfolio is supposed to pay off. But with so many exotic choices out there, it's hard to know
Charles H. Shaw From glittering high-rises along Chicago's lakefront to the revitalization of one of its poorest neighborhoods, real estate developer Charles H. Shaw took risks and made a lasting mark on Chicago.read
Home starts back to 'normal' levels JEROME A. POLLOS/Press Steve Kaufmann, of Kaufmann's Final Touch, trims a solid wood door Thursday at a custom home site in Hayden.Commentread more...
Morgan Stanley cuts 1,000 mortgage jobs (AP via Yahoo! News) Morgan Stanley on Wednesday said it will cut 1,000 jobs as the nation's second-largest investment bank trims its residential mortgage operations amid the continued deterioration of the mortgage markets.read
Officials mull how to rebuild Big Easy (Reg Req'd) An astonishing phenomenon the drowning of New Orleans leads to a mind-boggling question: How to rebuild a city? Some are already considering the challenge.read more...