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Suburban Cleveland school district wants a slice of federal bailout ... - Los Angeles Times
CLEVELAND (AP) _ A financially ailing Ohio school district has joined the ranks of banks and automakers clamoring for a portion of the $700 billion economic bailout package. Olmsted Falls Superintendent Todd Hoadley said Tuesday that if automakers ...

Treasurys extend gains amid investor worries - Kansas City Star
Yields on U.S. government debt touched fresh lows again Tuesday as investors, worried about the economy and the ongoing volatility in stocks, again sought out the safest investments. Yields, which move opposite their price, fell to record lows on the ...

Schumer says housing `vultures' hurt NYC - Associated Press
NEW YORK (AP) -- At the height of the real estate boom, even drab, rent-controlled apartment houses in the Bronx and Harlem were suddenly fetching Park Avenue prices. Hundreds of buildings occupied by working-class families paying reduced rents were ...

Bernanke: lower interest rates are 'feasible' - Sioux City Journal
WASHINGTON - Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year. The Fed's ...

Oil and retail gas prices in United States slip to new three-year lows - Edmonton Sun
COLUMBUS, Ohio - Oil and U.S. retail gasoline prices dipped to new three-year lows Tuesday with the United States officially in a recession. Analysts believe prices at the pump may finally be bottoming out after a precipitous decline from record ...

Massive new programs aimed at loosening credit - Kansas City Star
Rolling out powerful new weapons against the financial meltdown, the Bush administration and the Federal Reserve pledged $800 billion Tuesday to blast through blockades on credit cards, auto loans, mortgages and other borrowing. Total bailout ...

Lower US Mortgage Rates Lift Application Demand - CNBC
Lower U.S. mortgage rates lifted demand for mortgage applications last week, a trade group said on Wednesday, and demand should escalate after a new broad-brushed government plan to support the housing markets. With average 30-year fixed loan rates ...

REFILE-Lower US mortgage rates lift applications demand - Forbes
NEW YORK, Nov 26 (Reuters) - Lower U.S. mortgage rates lifted demand for mortgage applications last week, a trade group said on Wednesday, and demand should escalate after a new broad-brushed government plan to support the housing markets. With ...

Australian interest rates slashed to 4.25 per cent - News.com.au
AUSTRALIA'S Reserve Bank has cut interest rates by one percentage point to 4.25 per cent, aiming to kick-start the floundering economy. The Commonwealth Bank and National Australia Bank were quick to pass on the full rate cut, slicing standard ...

More cuts and cash to come - Brisbane Times
THE Reserve Bank has not ruled out further rate cuts after it slashed 1 percentage point from borrowing costs yesterday, while the Government stands ready to rain more money on families. A household with a $400,000 mortgage will save $257 a month ...