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Australia slashes rates - Portland Tribune
SYDNEY/TOKYO (Reuters) - Australia slashed interest rates and the Bank of Japan moved to ease an acute cash crunch for companies, kicking off another round of global central bank action to soothe markets and shore up crumbling economies. Britain, the ...

General Growth mortgage deadline approaches - FXStreet.com
NEW YORK, Nov 26 (Reuters) - As the clock ticks for mall owner General Growth Properties Inc to meet a Friday deadline on $900 million of maturing mortgages, investors, analysts and real estate experts question whether a loan extension could save the ...

Roof caves in on new housing - Maine Sunday Telegram
Fewer new homes will be built in southern Maine this year than any time since at least 1991, figures show. From January through Nov. 15, builders took out 841 permits in the 38 communities tracked by Construction Data New England. That's roughly a ...

Washington bankruptcy filings rise 40% - Seattle Times
Individuals and businesses who can't pay their bills anymore and can't sell off assets to pay their debts typically seek protection from creditors in bankruptcy court. The court can give them a fresh start by releasing them from personal liability ...

Treasury Yields Near Record Low; Services to Extend Contraction - Bloomberg
Dec. 3 (Bloomberg) -- Treasury yields were near record lows before an industry report that economists estimate will show U.S. services extended a contraction in November as the recession deepened. Notes this week added to November’s rally, which ...

Trust Deed Investing: Looking Beyond Stock Market Gloom - Nuwireinvestor.com
William Schlick has been monitoring the gloomy dispatches from Wall Street. With the credit crunch gouging global stock market indices and financial uncertainty infecting just about everyone he knows, it’s been hard not to worry. “There’s no ...

Coastal Post Online - Coastal Post News
"Thou hast taken usury and increase, and thou hast greedily gained of thy neighbors by extortion, and thou hast forgotten me saith the Lord.-Ezekiel 22:12 (King James Version)" "Let us Prohibit in effective fashion all corporations from making ...

Local News Story - Wbt.com
Home prices in 20 major U.S. cities dropped 1.8% in September from the prior month, and they fell a record 17.4% on a year-over-year basis, according to the Case-Shiller home price index published Tuesday by Standard & Poor's. September's prices were ...

Yamhill County property foreclosure rate soaring - News Register
Editor's Note: A reporter's misunderstanding resulted in mis-statement of the actual number of foreclosures in this story, although the rate of foreclosures has increased as reported. That error is discussed by the reporter in a comment at the end of ...

Unhand that economy, villein! - Meganmcardle.theatlantic.com
I've been thinking about this for awhile. How much of this current crisis is just a manifestation of the American--indeed human--will? We're always talking about politicians deluding us and Wall-Street manipulating us, and predatory lenders conning ...