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Existing home sales dip more, prompting calls for stimulus - Baltimore SunA Realtors group is calling on lawmakers and Barack ObamaÂs administration to spend $50 billion to subsidize lower mortgage rates after the median home price dropped to $183,000. These for-sale signs are in Richmond, Va. ( AP photo / November 24 ...
4 new reports reveal battered economy - Richmond RegisterWASHINGTON — The government released a quartet of reports Wednesday that paint a bleak picture of the nation’s economy: Jobless claims remain at recessionary levels, Americans cut back on their spending by the largest amount since the 2001 ...
Business events scheduled for the coming month - Boston GlobeMONDAY, Dec. 1 WASHINGTON -- Commerce Department releases construction spending for October, 10 a.m.; Institute for Supply Management manufacturing index for November, 10 a.m.; weekly Treasury briefing, auction. WASHINGTON -- Treasury Secretary Henry ...
LandAmerica Signs Stock Purchase Agreement for Underwriters - MSN MoneyCentralRICHMOND, Va. , Nov. 26 /PRNewswire-FirstCall/ -- LandAmerica Financial Group, Inc. LFG announces the signing of a definitive Stock Purchase Agreement for the sale of the Company's two principal title underwriting subsidiaries, Lawyers Title ...
GDP, confidence numbers expected to show decline - Yahoo NewsAP – A realty sign is seen outside a home for sale in the Fan section of Richmond, Va., Monday, Nov. 24, 2008. … WASHINGTON – More economic data on the GDP, home prices and consumer confidence are due out today. Wall Street expects that ...
US Treasuries seem unstoppable - FXStreet.comOn Friday, in a very thinly traded session due to US traders and investors staying mostly at home, global bonds continued their bull-run and ended the session with nice gains. In EMU, yields fell between 3 and 5.5 basis points, the wings slightly ...
Wall Street's Word on TALF - BusinessWeekAdd another acronym to the U.S. government's alphabet soup of financial relief programs: TALF. Under the Term Asset-Backed Securities Loan Facility, announced Nov. 25, the Federal Reserve will extend up to $200 billion in nonrecourse loans to holders ...
5 Reasons Why Deflation Is Good for Retirees - US News and World ReportLiving on a fixed income is looking downright sexy these days. Consumer and commodities prices are headed south, and inflationary pressures have gone way underground. Toss in the 5.8 percent cost of living rise in Social Security next year—the ...
The NZD remains above the key 54 cent level - FXStreet.comThe main news overnight is the US Federal Reserve committing an additional USD800 billion to stimulate lending: $600 billion to buy housing-finance company debt, and $200 billion to support consumer and small business loans. This news had a direct ...
Diary of a repossession: One couple describes the agony of losing ... - Daily MailWhat is it really like to go through the agony of losing your home in the credit crunch? That's what happened to the Hinds family. Elizabeth, 54, a clerical officer, has been married to Paul, 50, a businessman, for 24 years, and they have two ...
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