Mon, Jul 28 2008, 7:00 AM
Treasury Secretary Henry Paulson said Monday that
covered bonds are an answer to financial market's request for clarity. He
said covered bonds, a ...
Mon, Jul 28 2008, 7:00 AM
In an interview with the Financial Times over the weekend, Minneapolis
Fed President Gary Stern (voter) said the credit
crunch in the U.S. would...
Mon, Jul 28 2008, 7:00 AM
In a rare weekend meeting, the U.S. Senate passed the housing
bill by 72-13 votes. The legislation now awaits the signature of
U.S. President Geor...
Mon, Jul 28 2008, 7:00 AM
The U.S. dollar was mixed on a quiet day on Monday,
making gains solely against the underperforming Canadian dollar and
British pound.
"The...
Mon, Jul 28 2008, 7:00 AM
Credit risk remains elevated and appetite for risk remains subdued,
though the systemic risk to financial markets is not as elevated as it
was in th...
Mon, Jul 28 2008, 2:45 PM
Mon, Jul 28 2008, 1:20 PM
Fri, Jul 25 2008, 12:51 PM
Fri, Jul 25 2008, 11:06 AM
Fri, Jul 25 2008, 10:27 AM
Fri, Jul 25 2008, 9:50 AM
Fri, Jul 25 2008, 9:26 AM
Fri, Jul 25 2008, 8:58 AM
Fri, Jul 25 2008, 8:23 AM
Fri, Jul 25 2008, 7:00 AM
In May, the New Home Sales Index fell 2.5% to its
second-lowest pace in 17 years, and economists expect another decline in
the June report to be r...
Fri, Jul 25 2008, 7:00 AM
New home sales fell for the seventh of the past eight
months in June, falling by 0.6% to an annual pace of 530k sales. This
rate is much higher tha...
Fri, Jul 25 2008, 7:00 AM
The final consumer sentiment survey from Reuters and
the University of Michigan received a large upward revision from
preliminary estimates in Jul...
Fri, Jul 25 2008, 7:00 AM
Friday's highlights include the release of U.S. durable goods and
new home sales for June along with a final look at
consumer sentiment for the Un...
Fri, Jul 25 2008, 7:00 AM
U.S. new home sales fell marginally in June but the pace was much
higher than expected due to +50k of revisions over the past three months.
Economi...
Fri, Jul 25 2008, 7:00 AM
U.S. home foreclosures soared by 121% in second-
quarter year-over-year results, according to a report issued by
RealtyTrac.
There were 739,714 ...
Fri, Jul 25 2008, 6:49 AM
Thu, Jul 24 2008, 11:23 AM
Thu, Jul 24 2008, 7:46 AM
Thu, Jul 24 2008, 7:29 AM
Thu, Jul 24 2008, 7:10 AM
Thu, Jul 24 2008, 7:00 AM
Initial claims for unemployment benefits in the
United States soared to 406k in the week ending July 19, the highest
level since March, according ...
Thu, Jul 24 2008, 7:00 AM
The U.S National homeowner housing vacancy rate
slipped to 2.8% in the second quarter, a 0.1% decline from the previous
quarter's 2.9% rate, accor...
Thu, Jul 24 2008, 7:00 AM
The Miami Herald's investigative team reported on Sunday that the
state has approved over 10,000 mortgage broker licenses for
convicted felons sin...
Thu, Jul 24 2008, 7:00 AM
U.S. jobless claims and existing home
sales will dominate the scheduled events of the day, along with
testimony from New York Fed President Timo...
Thu, Jul 24 2008, 7:00 AM
U.S. existing home sales fell 2.6% to 4.86 million
units in June following May's unrevised sales figure of 4.99 million.
This is the fourth month ...
Thu, Jul 24 2008, 7:00 AM
"The U.S. housing market continues to be very weak, and with the
inventory of unsold homes continuing to rise we are
unlikely to see any meaningfu...
Thu, Jul 24 2008, 7:00 AM
Testifying before the House Financial Services Committee, SEC
Chairman Christopher Cox said he needs more
authority to have mandatory supervisio...
Thu, Jul 24 2008, 7:00 AM
New York Attorney General Andrew Cuomo said he is
suing UBS AG for misleading investors into buying auction-rate securities
just five months befor...
Thu, Jul 24 2008, 7:00 AM
After the U.S. House of Representatives passed a housing
bill including provisions for the creation of a new GSE
regulator and a liquidity backsto...
Thu, Jul 24 2008, 7:00 AM
"The U.S. and global financial systems are going through a very
challenging period of adjustment. The critical imperative today is to
help facilitat...
Thu, Jul 24 2008, 2:06 PM
Wed, Jul 23 2008, 12:55 PM
Wed, Jul 23 2008, 12:13 PM
Wed, Jul 23 2008, 12:02 PM
Wed, Jul 23 2008, 11:09 AM
Wed, Jul 23 2008, 9:46 AM
Wed, Jul 23 2008, 9:24 AM
Wed, Jul 23 2008, 8:24 AM
Wed, Jul 23 2008, 7:00 AM
Economists largely agree that the Beige Book document
to be released Wednesday by the Federal Reserve won't receive extended
attention from market...
Wed, Jul 23 2008, 7:00 AM
Although he is not pleased with some parts of the
housing bill , U.S. Treasury Secretary Henry Paulson said
it was easy for him to recommend to P...
Wed, Jul 23 2008, 7:00 AM
Speaking in a Bloomberg Television interview, noted
hawk Philadelphia Federal Reserve President Chuck
Plosser said the Fed may have to hike rate...
Wed, Jul 23 2008, 7:00 AM
Canadian CPI tops the economic news of the day as markets receive the
Fed's Beige Book and the Department of Energy's weekly oil inventories.
In the...
Wed, Jul 23 2008, 7:00 AM
Rates for both short- and long-term mortgages tumbled last week
according to Freddie Mac's Primary Mortgage Market Survey.
The Mortgage Bankers As...
Wed, Jul 23 2008, 7:00 AM
Economic conditions across the U.S. "slowed somewhat," according to
the Fed's Beige Book on Wednesday. Five of the 12
districts were said to have ...
Wed, Jul 23 2008, 7:00 AM
Weekly mortgage applications in the United States
declined in the week ending July 18, according to data released from the
Mortgage Bankers' Assoc...
