Thu, Jun 19 2008, 7:00 AM
Testifying before the Senate Banking Committee on risk management and
systemic risk, Federal Reserve Vice-Chairman Donald Kohn
said that while liq...
Thu, Jun 19 2008, 7:00 AM
Speaking at the Women in Housing & Finance's annual
meeting in Washington, D.C., Treasury Secretary Henry
Paulson said that the U.S. may have to...
Wed, Jun 18 2008, 7:00 AM
**BLANK**
Wed, Jun 18 2008, 7:00 AM
Today will be a day to watch what central bankers
have to say about the current economic conditions, with the Fed's Yellen,
EU's Juncker and the B...
Wed, Jun 18 2008, 7:00 AM
Weekly mortgage applications in the United States
fell further in the week ending June 13, according to data from the
Mortgage Bankers' Associatio...
Tue, Jun 17 2008, 7:00 AM
Jerry Howard, NAHB executive vice president and CEO testified before a
House Financial Services Committee hearing on H.R. 6078 ,
the Green Resource...
Tue, Jun 17 2008, 7:00 AM
"U.S. housing starts have left no doubt that the housing
crunch is still in full swing," said Dimitry Fleming at ING
Wholesale Banking. "Home buil...
Tue, Jun 17 2008, 7:00 AM
The Federal Reserve won't hike interest rates on June
25 and may not hike in August, articles in the Wall Street Journal and
Financial Times sugge...
Tue, Jun 17 2008, 7:00 AM
U.S. housing starts came in below expectations at
975k in May, a month-over-month decline of 3.3%, according to data
released from the U.S. Depart...
Mon, Jun 16 2008, 7:00 AM
The loud "thud" you just heard over in the corner of the Senate
hearing room was Senator Chris Dodd's vice presidential
hopes hitting the wall.
...
Mon, Jun 16 2008, 7:00 AM
Federal Reserve Chairman Ben Bernanke has no plans to raise
interest rates and is more concerned about growth than
inflation, a Washington Post op...
Mon, Jun 16 2008, 7:00 AM
Earnings from Lehman Brothers will kick off the day followed by
Canadian motor vehicle sales and the Empire Fed's manufacturing index.
Markets will ...
Mon, Jun 16 2008, 7:00 AM
A report from Wells Fargo and the National Association of Home
Builders (NAHB) suggests that homebuilders were even
more pessimistic in June as th...
Fri, Jun 13 2008, 7:00 AM
Speaking at an economic forum in Mexico City, Mexico, Former
Fed Chairman Alan Greenspan said that while he has seen a
pronounced turnaround in Ma...
Fri, Jun 13 2008, 7:00 AM
U.S home foreclosures grew by 7% percent in May and
increased by 48% annually, according to a report released by RealtyTrac.
That is the highest r...
Fri, Jun 13 2008, 7:00 AM
At 10 a.m. EDT, Reuters and the University of Michigan will release
the preliminary consumer sentiment report for June. The headline index is
expect...
Fri, Jun 13 2008, 7:00 AM
Core inflation continued to be benign in May, rising 0.2% in the month
and 2.3% in the year, but the Fed will likely put more focus on total
inflati...
Thu, Jun 12 2008, 7:00 AM
A pair of top executives at Lehman Brothers have
resigned with shares of the company in freefall.
Shares of the company are trading down 3% t...
Thu, Jun 12 2008, 7:00 AM
Speaking in an interview with CNBC, Philadelphia Fed President
Charles Plosser said the inflation threat was "serious", and
called it an "insidiou...
Thu, Jun 12 2008, 7:00 AM
The National Association of Realtors� (NAR) presently claims 1.2
million members. We figure those are figures from 2007, pre-dating the
worst of the...
Wed, Jun 11 2008, 7:00 AM
Speaking at the Cleveland Fed's 2008 Community Development Policy
Summit on consumer credit markets , Fed Governor Randall
Kroszner said that more ...
Wed, Jun 11 2008, 7:00 AM
Economic conditions across the United States remain " generally
weak " in the Fed's Beige Book covering April and May, yet only
seven of the 12 dist...
Wed, Jun 11 2008, 7:00 AM
The Fed's Beige Book and some Fed speakers will top the
economic data menu for the United States on Wednesday as
Canadian markets receive first-qu...
Wed, Jun 11 2008, 7:00 AM
While the stock market has been undergoing some wild fluctuations over
the last couple of weeks, the mortgage scene has been quiet - very
quiet. A...
Wed, Jun 11 2008, 7:00 AM
Weekly mortgage applications in the United States
fell further in the week ending June 6, according to data from the
Mortgage Bankers' Association...
Tue, Jun 10 2008, 7:00 AM
Economists largely agree that the Beige Book document
to be released Wednesday by the Federal Reserve won't reveal anything
new. It will likely sa...
Tue, Jun 10 2008, 7:00 AM
Despite the current bleak financial outlook, companies are finding
ways to watch expenses and invest in growth , according
to a report issued by th...
Tue, Jun 10 2008, 7:00 AM
The Bank of Canada's rate decision, some Fed speak and international
trade statistics from the U.S. and Canada will top the day's economic
events.
Tue, Jun 10 2008, 7:00 AM
Speaking in an interview with Bloomberg Television, U.S. Treasury
Secretary Henry Paulson said he would not speculate on
what the G8 will say, but...
Tue, Jun 10 2008, 7:00 AM
Speaking at an inflation conference at the Boston Federal Reserve,
Richard Fisher of the Dallas Fed said he was not
advocating an increase in inte...
Mon, Jun 9 2008, 7:00 AM
Federal regulators are warning the world to get ready
for the next wave of problems in the banking world.
Up to now banks have been struggling t...
Mon, Jun 9 2008, 7:00 AM
New York Fed President and FOMC Vice Chairman Tim Geithner said the
U.S. regulatory structure needs to be reformed to more clearly define
rules and ...
Mon, Jun 9 2008, 7:00 AM
Markets were captivated this week by U.S. dollar
comments from Fed Chairman Ben Bernanke, in which he expressed concern
over the U.S. dollar's dec...
Mon, Jun 9 2008, 7:00 AM
Despite five months of job losses and soaring oil prices, the
fundamentals of the U.S. economy remain favourable, said
U.S. Treasury Secretary Hen...
Mon, Jun 9 2008, 7:00 AM
After declining in five of the past six months, U.S. pending home
sales unexpectedly jumped 6.3% in April to reach a level of 88.2, the
highest leve...
Mon, Jun 9 2008, 7:00 AM
Monetary officials in the United States are concerned about further
U.S. dollar weakness after officials at the European Central
Bank said it may ...
Mon, Jun 9 2008, 7:00 AM
Delivering remarks at a luncheon organized by the International
Economic Forum of the Americas, Former Fed Chairman Paul
Volcker said he believed ...
Mon, Jun 9 2008, 7:00 AM
Both the Canadian and U.S. housing sectors will kick off the week,
with Canadian markets receiving May housing starts, with the U.S.
expecting data ...
Mon, Jun 9 2008, 7:00 AM
Shares of Lehman Brothers Holdings Inc. are down
sharply on Monday after the Wall Street bank reported a US$2.8 billion
loss in the second quarter...
Fri, Jun 6 2008, 7:00 AM
Speaking at the Wisconsin School of Business in Madison Wisconsin, newly
appointed president of the St. Louis Fed James Bullard told a crowd that
the ...
Fri, Jun 6 2008, 7:00 AM
We conducted an unscientific, teeny little survey of foreclosed houses
last week - precisely one house - but given the figures we quoted earlier
thi...
Fri, Jun 6 2008, 7:00 AM
The Canadian and U.S. employment reports top a busy week on the
economic data front, followed by comments from Fed speakers and U.S.
wholesale inven...
Fri, Jun 6 2008, 7:00 AM
Echoing comments he made on May 22, Fed Governor Randall Kroszner said
the U.S. housing sector will recover gradually as an
excess of home invento...
Thu, Jun 5 2008, 7:00 AM
Speaking before the Senate Banking Committee in Washington, D.C.,
Federal Reserve Vice Chairman Donald Kohn warned that banks need
to strengthen re...
Thu, Jun 5 2008, 7:00 AM
The Bank of England and European Central Bank rate decisions will
highlight the European economic news as American markets will receive
initial jobl...
Thu, Jun 5 2008, 7:00 AM
Philadelphia Fed President Charles Plosser said the
Federal Reserve must follow rules and exercise caution
as a lender of last resort.
Speaki...
Thu, Jun 5 2008, 7:00 AM
Standard and Poor's cut the credit ratings of
MBIA and Ambac on Thursday, just one
day after fellow ratings agency Moody's said it may do the ...
Thu, Jun 5 2008, 7:00 AM
Mortgage delinquencies for U.S. homes in the first
quarter of 2008 jumped 53 basis points from the previous quarter to 6.35%
of all loans outstandi...
Thu, Jun 5 2008, 7:00 AM
In a report issued Wednesday, Federal Reserve Vice Chairman Timothy F.
Geithner warned banks and settlement and payment systems
to review their ri...
Thu, Jun 5 2008, 7:00 AM
Speaking on financial stability in London, Richmond Fed President
Jeffrey Lacker (non-voter) said he called on the Fed to
detail its rules on inte...
