Thu, Aug 7 2008, 7:00 AM
Consumer debt increased by $14.3 billion in June,
according to data released Thursday from the U.S. Federal Reserve, which
also showed that total c...
Thu, Aug 7 2008, 7:00 AM
Several television financial correspondents were announcing at the
beginning of this week that Monday was the first anniversary of the
credit squee...
Thu, Aug 7 2008, 7:00 AM
Economists say the second unexpected rebound in three months in the
U.S. pending home sales index is likely due to sales of
foreclosed homes . The ...
Thu, Aug 7 2008, 7:00 AM
Claims for unemployment benefits in the U.S. rose to their highest
level since March 2002 with 455k initial claims reported
in the week ending A...
Thu, Aug 7 2008, 7:00 AM
Citigroup could have to take as much as $20 billion
in securities from failed auctions on to its balance sheet and will pay a
variety of fines and ...
Wed, Aug 6 2008, 12:57 PM
Wed, Aug 6 2008, 11:04 AM
Wed, Aug 6 2008, 7:00 AM
In a surprise move, the U.S. Treasury announced on Tuesday that it has
hired investment bank Morgan Stanley to conduct a review of
Fannie Mae and F...
Wed, Aug 6 2008, 7:00 AM
Weekly mortgage applications in the United States
rebounded in the week ending Aug. 1, according to data released from the
Mortgage Bankers Associ...
Wed, Aug 6 2008, 7:00 AM
Freddie Mac released its second quarter 2008
financial statements on Wednesday revealing some staggering losses.
The nation's second largest mort...
Wed, Aug 6 2008, 7:00 AM
The Canadian Ivey PMI and international reserves top the economic news
for the region as Americans brace themselves for a ten-year Treasury
auction ...
Wed, Aug 6 2008, 7:00 AM
The consensus forecast is expecting Thursday's pending home
sales index (PHSI) from the National Association of Realtors to
fall by 1.0% in June, ...
Tue, Aug 5 2008, 12:32 PM
Tue, Aug 5 2008, 12:19 PM
Tue, Aug 5 2008, 12:17 PM
Tue, Aug 5 2008, 12:14 PM
Tue, Aug 5 2008, 10:52 AM
Tue, Aug 5 2008, 7:00 AM
The Institute for Supply Management's non-manufacturing index for the
United States will be the main morning economic release, however that
will be ...
Tue, Aug 5 2008, 7:00 AM
Former senior executive Vice President and Chief Operating Officer of
TowneBank, Elizabeth Duke, was sworn in as governor of
the U.S. Federal Rese...
Tue, Aug 5 2008, 7:00 AM
The Federal Reserve announced Tuesday that it would
hold the Fed funds target rate at 2.00%, as was widely expected. The
accompanying statement wa...
Tue, Aug 5 2008, 7:00 AM
Retail sales advanced by their biggest margin so far
this year, advancing 2.9% on a year-over-year basis in the week ending
Aug. 2, according to a ...
Tue, Aug 5 2008, 7:00 AM
Economists say the statement to accompany the FOMC's rate
decision on Tuesday will continue to strike a neutral balance
between the Fed's dual man...
Mon, Aug 4 2008, 12:31 PM
Mon, Aug 4 2008, 11:11 AM
Mon, Aug 4 2008, 10:27 AM
Mon, Aug 4 2008, 10:25 AM
Mon, Aug 4 2008, 7:00 AM
According to a report from Challenger, Gray & Christmas,
planned job cuts rose by 21,557 in July to 103,312, but
that figure is still up 140.8% co...
Mon, Aug 4 2008, 7:00 AM
Economists say the personal income and spending
report from the U.S. Department of Commerce posted higher-than-
anticipated results for June due to...
Mon, Aug 4 2008, 7:00 AM
The Federal Open Market Committee (FOMC) is once
again expected to leave rates where they are as it continues to assess
the extent of recent signs...
Fri, Aug 1 2008, 11:40 AM