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Business Commentary: The fluffy money meltdown—Part II - Green Valley News and Sun
Editor’s Note: This is the second of a two-part series. Part I appeared in the Wednesday edition of the Green Valley News and Sun. As the real estate market boomed and millions of mortgages were set up, big banks and other financial institutions ...

Homeowners to miss out as tracker loan providers refuse to cut rates ... - Times Online
Thousands of borrowers will miss out on cheaper mortgage bills because some of the biggest lenders prohibit interest rates on their tracker loans from falling below a minimum threshold. Economists say interest rates could fall in the coming months as ...

Banks must pass on interest cut, says Wales TUC - News Wales
A warm welcome came from the Wales TUC this afternoon to news that the Bank of England has cut interest rates by 1.5% in an attempt to rescue the economy from recession. Burt the real challenge is to ensure that these cuts are passed on to both ...

First the banks, now the Olympics may have to be saved by the State - Times Online
Two of the main venues in the Olympic Park may have to be nationalised, with the taxpayer paying nearly £900 million extra as the credit crunch hits the 2012 Games, The Times has learnt. Ministers will meet Boris Johnson, the Mayor of London, this ...

Income tax cut: what do you think? - Boston Globe
Towns, cities and state agencies are facing cutbacks. The stock market is fluctuating dramatically. Voters are uncertain. What will that do to the prospects for an income tax cut on the November ballot? Carla Howell, the chief proponent of the tax ...

A round-up of the best fixed-rate savings - This is Money
This report was originally written following the Government's shock interest rate announcement on 6 November, but was updated to include news of the tranche of fixed-rate deals that were pulled from the market in the following 24 hours. Below that ...

2008 Crisis in the U.S. Financial System, Part One of Two - Cape Cod Today
T he crisis in the U.S. financial system does not have its origins in the failure rate of sub-prime loans over the past few years. Like many great historical events, its roots were planted decades ago when a noble idea -- own a home with initial ...

This is Money deals - This is Money
This is Money is proud to be approved by the Plain English Campaign Savers have only days or even hours to access the top fixed-rate savings deals on the market as the majority of providers are sure to pull them following the shock bank rate ...

Will Obama start out a loser? - Atlanta Journal Constitution
If President-elect Barack Obama wants to start his administration as a loser, he should come to Georgia and campaign to defeat U.S. Sen. Saxby Chambliss. It’s official now that there’ll be a runoff. The 3.4 percent for the Libertarian is a ...

Guest Editorial: 'We need John McCain' - Union Leader
EDITORS' NOTE: Although we are happy to stand apart from much of the news media in our editorial endorsement for President of the United States, we are also encouraged to see that in New Hampshire, at least, other newspapers are spelling out their ...