Mortgage and Financial News From 2008-7-22 Page 11
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Stocks slide as outlooks spur economic fear (EARTHtimes.org)
NEW YORK (Reuters) - Stock futures slid on Tuesday as disappointing outlooks from bellwethers, including Apple Inc and Europe's Vodafone , increased concerns about weakening economic growth and more fallout from the U.S. housing slump.
2008-07-22 05:23:30 -
The Ministry of Defence has recovered only 32 of the 748 military laptops lost or stolen since 2004, The Herald can ... (The Herald)
Scottish ministers spending the summer touring the remoter parts of Scotland may find their official drivers leaving them stranded due to an industrial dispute.
2008-07-22 05:24:03 -
Wachovia slashes dividend, jobs after $8.86B loss in 2Q (Baltimore Sun)
CHARLOTTE, N.C. (AP) _ Wachovia Corp. said Tuesday it lost $8.86 billion in the second quarter, slashed its dividend and announced 6,350 job cuts after losses tied to mortgages soared.
2008-07-22 05:35:30 -
Credit fix reduces interest in zero-percent financing - Chicago Tribune
When it taints your credit score. And, be advised, it can do that. When I'm talking about zero-percent financing, I'm talking about the enticements you've seen aplenty lately: "Buy now and pay no interest for an entire year." The trouble is that if ...
2008-07-21 11:56:00 -
Poor financial advice, habits hurt many Hispanics - Olympian
She's had to take a second job as a maid. To save on gas, she rarely drives her car. And she stands to lose her home. As a lifetime of hard work crumbles under one bad financial decision after another, Alicia Suarez wishes she and her husband had ...
2008-07-22 12:10:00 -
Comeback Story of 2009 Will Be Auction-Rate Market: Joe Mysak - Bloomberg
July 22 (Bloomberg) -- The comeback of the auction-rate securities market may be one of the unlikeliest stories of 2009. Impossible, you say? Who would buy this stuff? Who would sell it? This seems like another one of those ``You've got to be kidding ...
2008-07-22 12:53:00 -
News You Need to Know (BusinessWeek)
News You Need to Know
2008-07-21 05:09:04 -
Union keeping homebuyers from paying dearly for missteps (New York Daily News)
As the subprime mortgage crisis pummels neighborhoods across the city, the members of the municipal employees union, have extra armor and ammunition in the fight against scheming mortgage brokers and adjustable interest rates.
2008-07-21 06:01:02 -
The Plight of Debt-Ridden Americans (New York Times)
To the Editor:.
2008-07-21 10:02:00 -
Coalition pushes measures to start healing Inland economy (The Press-Enterprise)
A recently formed Inland coalition is pushing for measures to help the Inland economy recover from damage it has already sustained from the nationwide foreclosure crisis.
2008-07-21 11:11:12 -
Interest rates in an inflationary cycle (The Union)
Q: How will inflation impact mortgage rates?
2008-07-22 01:19:47 -
Press Release | Wachovia's financial details (The Charlotte Observer)
Consistent with previously announced expectations, Wachovia today reported a net loss in the second quarter of 2008 of $8.9 billion, or a net loss of $4.20 per share, including a $6.1 billion noncash goodwill impairment charge in commercial-related subsegments reflecting declining market valuations and asset values. The goodwill impairment charge has no impact on Wachovia's tangible capital ...
2008-07-22 04:30:39 -
Neither oil price shocks nor higher wages cause rising consumer prices - Jakarta Post
With so much evidence of rising inflationary expectations, much attention is being paid to the higher oil prices the potential for higher wage settlements to push up consumer prices. These fears reveal a common mistake of economic analysis that ...
2008-07-21 08:49:00 -
Fair-Weather Capitalism Sweeps U.S. in Crisis: Kevin Hassett - Bloomberg
July 21 (Bloomberg) -- The crisis at Fannie Mae and Freddie Mac provided yet another body blow to the already reeling U.S. economy. With so many people now gripped by the prospect that the economy may be headed toward recession, the blame game has ...
2008-07-21 03:13:00 -
Latest News - dBusinessNews.com
SulphCo Names Richard K. Sell Director of Business Development - Americas HOUSTON -- SulphCo, Inc. announced today the appointment of Richard ... Charlie Houssiere's Article Number One on Reverse Mortages and Foreclosure Prevention Charlie Houssiere ...
2008-07-21 02:30:00