Big banks under new pressure in Europe crisis
2011.10.22 10:56 PM
BRUSSELS (AP) – Big banks found themselves under pressure in Europe's debt crisis Saturday, with finance chiefs pushing them to raise billions of euros in capital and accept huge losses on Greek bonds they hold.
Sunday, October 23, 2011
Saturday, October 22, 2011
USA Today: Ariz. regulators seize PMI Mortgage Insurance Co.
Ariz. regulators seize PMI Mortgage Insurance Co.
PHOENIX (AP) – Insurance regulators in Arizona have seized the main subsidiary of private mortgage insurer PMI Group, which will begin paying claims at just 50%.
PHOENIX (AP) – Insurance regulators in Arizona have seized the main subsidiary of private mortgage insurer PMI Group, which will begin paying claims at just 50%.
USA Today: Condo nation: Why so few Americans are buying homes
Condo nation: Why so few Americans are buying homes
By John Melloy, CNBC.com
2011.10.22 07:52 AM
The housing market is rebounding — at least one piece of it.
By John Melloy, CNBC.com
2011.10.22 07:52 AM
The housing market is rebounding — at least one piece of it.
Friday, October 21, 2011
USA Today: Unemployment rates fall in half of U.S. states
Unemployment rates fall in half of U.S. states
By Christopher S. Rugaber, Associated Press
2011.10.21 07:53 AM
WASHINGTON – Unemployment rates fell in half of U.S. states last month, a sign that September's pickup in hiring was felt around the country.
By Christopher S. Rugaber, Associated Press
2011.10.21 07:53 AM
WASHINGTON – Unemployment rates fell in half of U.S. states last month, a sign that September's pickup in hiring was felt around the country.
CNNMoney: Foreign buyers scooping up U.S. homes
Foreign buyers scooping up U.S. homes
By Les Christie October 21, 2011: 5:23 AM ET
NEW YORK (CNNMoney) -- Hey, wealthy foreigners! Want to live in the U.S.? Buy a home here.
By Les Christie October 21, 2011: 5:23 AM ET
NEW YORK (CNNMoney) -- Hey, wealthy foreigners! Want to live in the U.S.? Buy a home here.
Starwood Capital brings in European real estate debt ‘point man’
Starwood Capital brings in European real estate debt ‘point man’
Posted on October 20, 2011 1:21 pm
Starwood Capital, the global private equity real estate firm, is moving Adam Shah over to London next month from its US headquarters to act as point man for real estate loan debt opportunities.
http://costarfinance.com/2011/10/20/starwood-capital-brings-in-european-real-estate-debt-point-man/
Posted on October 20, 2011 1:21 pm
Starwood Capital, the global private equity real estate firm, is moving Adam Shah over to London next month from its US headquarters to act as point man for real estate loan debt opportunities.
http://costarfinance.com/2011/10/20/starwood-capital-brings-in-european-real-estate-debt-point-man/
Bloomberg: Fed Should Resume Mortgage Purchases: Tarullo
Fed Should Resume Mortgage Purchases: Tarullo
By Scott Lanman and Caroline Salas Gage - 2011.10.20 09:05 PM
Federal Reserve Governor Daniel Tarullo’s call for resuming large-scale purchases of mortgage bonds may boost chances the central bank will start a third round of asset buying aimed at reviving U.S. growth.
By Scott Lanman and Caroline Salas Gage - 2011.10.20 09:05 PM
Federal Reserve Governor Daniel Tarullo’s call for resuming large-scale purchases of mortgage bonds may boost chances the central bank will start a third round of asset buying aimed at reviving U.S. growth.
Thursday, October 20, 2011
Bloomberg: Factories Help to Support U.S. Economy as Labor, Housing Markets Struggle
Factories Help to Support U.S. Economy as Labor, Housing Markets Struggle
By Alex Kowalski - 2011.10.20 01:20 PM
Manufacturing in the Philadelphia area unexpectedly expanded in October at the fastest pace in six months, signaling factories are helping support a U.S. economy weighed down by weakness in the housing and labor markets.
By Alex Kowalski - 2011.10.20 01:20 PM
Manufacturing in the Philadelphia area unexpectedly expanded in October at the fastest pace in six months, signaling factories are helping support a U.S. economy weighed down by weakness in the housing and labor markets.
Conference Board: US LEI Increases
US LEI Increases
20 October, 2011
The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.2 percent in September to 116.4 (2004 = 100), following a 0.3 percent increase in August, and a 0.6 percent increase in July.
20 October, 2011
The Conference Board Leading Economic Index® (LEI) for the U.S. increased 0.2 percent in September to 116.4 (2004 = 100), following a 0.3 percent increase in August, and a 0.6 percent increase in July.
USA Today: Unemployment claims drop, economic indicators point higher
Unemployment claims drop, economic indicators point higher
2011.10.19 11:14 PM
WASHINGTON (AP) – The number of people applying for unemployment benefits declined slightly last week, but applications are still above levels consistent with a healthy economy.
2011.10.19 11:14 PM
WASHINGTON (AP) – The number of people applying for unemployment benefits declined slightly last week, but applications are still above levels consistent with a healthy economy.
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