Related News: Law · Finance · Insurance · Real Estate · U.S. · Funds · Politics · Municipal Bonds
Banks Await Foreclosure Deal’s Financial Terms as States Split
By David McLaughlin - Apr 21, 2011 3:33 AM GMT+0900
Attorneys general negotiating the settlement of a nationwide foreclosure investigation have yet to approach banks with a proposed dollar amount that would fund principal reductions for borrowers, a state official said.
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Wednesday, April 20, 2011
Bloomberg: Gold Rises Above $1,500 to Record on Weaker Dollar, Inflation
Related News: Canada · Commodities · Middle East · Australia · New Zealand
Gold Rises Above $1,500 to Record on Weaker Dollar, Inflation
By Pham-Duy Nguyen - Apr 21, 2011 3:53 AM GMT+0900
Gold futures rose to a record for the ninth time this month as a weakening dollar boosted investment demand for the precious metal as an alternative asset. Silver topped $45 an ounce for the first time since 1980.
Gold Rises Above $1,500 to Record on Weaker Dollar, Inflation
By Pham-Duy Nguyen - Apr 21, 2011 3:53 AM GMT+0900
Gold futures rose to a record for the ninth time this month as a weakening dollar boosted investment demand for the precious metal as an alternative asset. Silver topped $45 an ounce for the first time since 1980.
CNN Money: 'Uneven' housing recovery continues
'Uneven' housing recovery continues
By Annalyn Censky, staff reporter April 20, 2011: 12:12 PM ET
NEW YORK (CNNMoney) -- Sales of existing homes increased in March, "continuing an uneven recovery" in real estate, an industry group said Wednesday.
By Annalyn Censky, staff reporter April 20, 2011: 12:12 PM ET
NEW YORK (CNNMoney) -- Sales of existing homes increased in March, "continuing an uneven recovery" in real estate, an industry group said Wednesday.
Tuesday, April 19, 2011
Bloomberg: Housing Starts in U.S. Increased to 549,000 in March, Exceeding Forecasts
Related News: Economy · Real Estate · U.S. · Municipal Bonds
Housing Starts in U.S. Increased to 549,000 in March, Exceeding Forecasts
By Bob Willis - Apr 20, 2011 5:07 AM GMT+0900
A gain in March housing starts failed to make up for ground lost the prior month, as U.S. home builders continue to struggle almost two years into the economic recovery.
Housing Starts in U.S. Increased to 549,000 in March, Exceeding Forecasts
By Bob Willis - Apr 20, 2011 5:07 AM GMT+0900
A gain in March housing starts failed to make up for ground lost the prior month, as U.S. home builders continue to struggle almost two years into the economic recovery.
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CNNMoney: Mortgage denied: Sometimes, for no good reason
Spring Housing Guide 2011
Mortgage denied: Sometimes, for no good reason
By Les Christie, staff writer April 19, 2011: 2:46 PM ET
NEW YORK (CNNMoney) -- Getting a mortgage just keeps getting tougher, and many homebuyers are getting rejected for loans they could easily afford.
Mortgage denied: Sometimes, for no good reason
By Les Christie, staff writer April 19, 2011: 2:46 PM ET
NEW YORK (CNNMoney) -- Getting a mortgage just keeps getting tougher, and many homebuyers are getting rejected for loans they could easily afford.
Monday, April 18, 2011
Bloomberg: Standard & Poor’s Puts ‘Negative’ Outlook on U.S. AAA
Related News: U.S. · Bonds · Currencies · Funds · Economy
Standard & Poor’s Puts ‘Negative’ Outlook on U.S. AAA
By Rebecca Christie and Shannon D. Harrington - Apr 19, 2011 3:30 AM GMT+0900
Standard & Poor’s put the U.S. government on notice that it risks losing its AAA credit rating unless policy makers agree on a plan by 2013 to reduce budget deficits and the national debt.
Standard & Poor’s Puts ‘Negative’ Outlook on U.S. AAA
By Rebecca Christie and Shannon D. Harrington - Apr 19, 2011 3:30 AM GMT+0900
Standard & Poor’s put the U.S. government on notice that it risks losing its AAA credit rating unless policy makers agree on a plan by 2013 to reduce budget deficits and the national debt.
Monday, April 11, 2011
Bloomberg: Oil Falls From 30-Month High on IMF Forecast; U.S. Stocks Drop
Related News: U.S. · Asia
Oil Falls From 30-Month High on IMF Forecast; U.S. Stocks Drop
By Margot Habiby and Nikolaj Gammeltoft - Apr 12, 2011 5:08 AM GMT+0900
Oil fell from a 30-month high after the International Monetary Fund cut its growth forecasts for the U.S. and Japan, dragging down shares of energy producers and the Standard & Poor’s 500 Index. The difference between yields on Treasury 10-year notes and inflation-protected securities widened to the most in three years.
Oil Falls From 30-Month High on IMF Forecast; U.S. Stocks Drop
By Margot Habiby and Nikolaj Gammeltoft - Apr 12, 2011 5:08 AM GMT+0900
Oil fell from a 30-month high after the International Monetary Fund cut its growth forecasts for the U.S. and Japan, dragging down shares of energy producers and the Standard & Poor’s 500 Index. The difference between yields on Treasury 10-year notes and inflation-protected securities widened to the most in three years.
WSJ: Economists See Growth Accelerating Later in Year
ECONOMY|APRIL 11, 2011
Economists See Growth Accelerating Later in Year
By PHIL IZZO
The U.S. economic recovery is expected to gain momentum over the rest of the year, despite a sharp pullback in growth during the just-finished first quarter, according to economists surveyed by The Wall Street Journal.
Economists See Growth Accelerating Later in Year
By PHIL IZZO
The U.S. economic recovery is expected to gain momentum over the rest of the year, despite a sharp pullback in growth during the just-finished first quarter, according to economists surveyed by The Wall Street Journal.
Bloomberg: China Inflation Is `Somewhat Out of Control’ on Weak Currency, Soros Says
Related News: Asia · Commodities · Currencies · China · Funds · Economy · Retail
China Inflation Is `Somewhat Out of Control’ on Weak Currency, Soros Says
By John Detrixhe - Apr 11, 2011 1:02 PM GMT+0900
China’s decision to keep its currency weak has caused the government to lose control of inflation and risks fuelling wage-price gains, billionaire investor George Soros said.
China Inflation Is `Somewhat Out of Control’ on Weak Currency, Soros Says
By John Detrixhe - Apr 11, 2011 1:02 PM GMT+0900
China’s decision to keep its currency weak has caused the government to lose control of inflation and risks fuelling wage-price gains, billionaire investor George Soros said.
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Bloomberg: U.K.’s ‘Moderate’ Bank Report Calls for More Capital, Sales
Related News: Finance · Law · Europe · U.K. & Ireland · Bonds
U.K.’s ‘Moderate’ Bank Report Calls for More Capital, Sales
By Jon Menon and Gavin Finch - Apr 11, 2011 7:55 PM GMT+0900
The Independent Commission on Banking recommended the U.K.’s biggest banks should hold core Tier 1 capital levels of about 10 percent, implement plans for an orderly bankruptcy and ring-fence consumer units in what it termed a “moderate” set of proposals.
U.K.’s ‘Moderate’ Bank Report Calls for More Capital, Sales
By Jon Menon and Gavin Finch - Apr 11, 2011 7:55 PM GMT+0900
The Independent Commission on Banking recommended the U.K.’s biggest banks should hold core Tier 1 capital levels of about 10 percent, implement plans for an orderly bankruptcy and ring-fence consumer units in what it termed a “moderate” set of proposals.
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