Wed, Apr 16 2008, 7:00 AM
Mortgages rates , which were drifting during the week
ended April 3 were virtually frozen during the week ending April 10
according to Freddie Mac's...
Tue, Apr 15 2008, 10:29 AM
Tue, Apr 15 2008, 7:08 AM
Tue, Apr 15 2008, 7:00 AM
Fannie Mae and Freddie Mac have made considerable progress towards
achieving financial stability , but more progress needs
to be made, according to...
Tue, Apr 15 2008, 7:00 AM
Federal Reserve Governor Kevin Warsh (voter) said
rate cuts and liquidity injections are working to partially offset the
impact of the current mar...
Tue, Apr 15 2008, 7:00 AM
In spite of it all, the "it" being the stunning speed with which
Bear Stearns hit rock bottom last month and the midnight
ride rescue of the inves...
Tue, Apr 15 2008, 7:00 AM
The Federal Reserve offered no explanation for the quarter-point cut
in the discount rate on the day of the near-collapse of Bear Stearns in
minut...
Tue, Apr 15 2008, 7:00 AM
The United States will hold most of the economic spotlight on Tuesday
morning with the release of March's producer price index along with the
Empire...
Tue, Apr 15 2008, 7:00 AM
The U.S. Labor Department's headline measure of producer price
inflation grew at 1.1% in March, up from February's 0.3% gain
and higher than forec...
Tue, Apr 15 2008, 7:00 AM
A report from Wells Fargo and the National Association of Home
Builders suggests the housing market was little changed from
March to April, with t...
Tue, Apr 15 2008, 6:35 AM
Mon, Apr 14 2008, 12:53 PM
Mon, Apr 14 2008, 7:53 AM
Mon, Apr 14 2008, 7:30 AM
Mon, Apr 14 2008, 7:00 AM
Wachovia has joined the parade of commercial and
investment banks announcing first quarter losses and an intent to raise
capital to carry it throug...
Mon, Apr 14 2008, 7:00 AM
Monday's release of better-than-expected U.S. retail sales data for
March did little to sway economists' views of deteriorating
consumer spending ...
Fri, Apr 11 2008, 8:46 AM
Fri, Apr 11 2008, 7:00 AM
This past week that saw three of the world's major central
banks release interest rate decisions, all of which were in line
with what markets had ...
Fri, Apr 11 2008, 7:00 AM
According to preliminary data from Reuters and the University of
Michigan, U.S. consumer sentiment fell sharply from
March's final 69.5 to a score...
Fri, Apr 11 2008, 7:00 AM
As reported by The New York Times earlier in the week, the FHA is
confronted with the possibility of the first deficit in its 74
year history prim...
Thu, Apr 10 2008, 12:03 PM
Thu, Apr 10 2008, 11:02 AM
Thu, Apr 10 2008, 8:47 AM
Thu, Apr 10 2008, 8:13 AM
Thu, Apr 10 2008, 7:54 AM
Thu, Apr 10 2008, 7:00 AM
Fed Chairman Ben Bernanke said the Federal Reserve will examine
guidance on capital and liquidity and that new
regulations should insulate against...
Thu, Apr 10 2008, 7:00 AM
The U.S. economy "has turned down sharply" according to U.S. Treasury
Secretary Henry Paulson, speaking to the Council of Institutional
Investors ...
Thu, Apr 10 2008, 7:00 AM
First-time claims for jobless benefits in the United States declined
after hitting a two-and-a-half year high last week, the Department of
Labor rep...
Wed, Apr 9 2008, 10:20 AM
Wed, Apr 9 2008, 7:00 AM
Weekly mortgage applications in the United States
rebounded Wednesday morning according to data from the Mortgage Bankers'
Association, which said...
Wed, Apr 9 2008, 7:00 AM
The International Monetary Fund said in a World Economic Outlook
report that more rate cuts could be necessary from the
U.S. Federal Reserve.
T...
Wed, Apr 9 2008, 7:00 AM
Dallas Fed President Richard Fisher said the rate
cuts delivered by the Federal Reserve have not been fully passed
on to borrowers during a speech...
Wed, Apr 9 2008, 7:00 AM
Testifying before the House Financial Services Panel on Wednesday, he
said Fannie Mae and Freddie Mac need to increase their
capital and that he s...
Wed, Apr 9 2008, 7:00 AM
Meanwhile, with the White House, the Federal Reserve, and Congress
including the Federal Housing Administration (FHA) as a lynchpin in their
various...
Tue, Apr 8 2008, 12:50 PM
Tue, Apr 8 2008, 12:19 PM
Tue, Apr 8 2008, 7:00 AM
According to a report released by the International Monetary Fund
(IMF) on Tuesday morning, total losses from the subprime
meltdown could reach up...
Tue, Apr 8 2008, 7:00 AM
Minutes from the Federal Open Market Committee's March 18 meeting
revealed several members saw a risk of a "prolonged and
severe" downturn and tha...
Tue, Apr 8 2008, 7:00 AM
On Monday it was rumored that a struggling Washington Mutual
(WaMu) would be getting a cash infusion of $5 billion from a
private equity firm to h...
Tue, Apr 8 2008, 7:00 AM
U.S. pending home sales surprised to the downside on
Tuesday morning, declining 1.9% month-over-month despite calls for a 1.0%
pullback in Februar...
Mon, Apr 7 2008, 11:39 AM
Mon, Apr 7 2008, 10:40 AM
