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Bank fees separate big banks from the local guys - Long Island Business News
Earlier this month, the Wall Street Journal reported that large banks are raising fees in an attempt to generate revenue amid the economic crisis. For instance, Citibank recently began charging customers a $10 overdraft protection transfer fee to ...

The Coming Recession - Reason.com
As this issue of reason goes to press, the dollar is at a record low against the euro, oil is more than $100 a barrel, consumer prices are up 4 percent from a year ago, and Federal Reserve Chairman Ben Bernanke is cutting interest rates so often that ...

Predictions: 9 For '09 In Real Estate - CNBC
1. Foreclosure Relief Foreclosures will continue to rise in 2009 unless the mortgage industry and the government stop inventing new acronyms for old modification plans that we know don’t work. The decision has to be made: do we bail out borrowers ...

CBA, NBA cut variable rates by 100 basis points - News.com.au
CBA and NAB are the first major banks to pass on all of the RBA's 1 per cent rate cut to their customers, slashing variable home loan rates to 6.74 per cent. Bendigo and Adelaide Bank will also pass on a 100 basis point cut to its customers, with its ...

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 ...

Rates cut to 4.25pc - Australian Broadcasting Corp.
Audio: Mixed numbers won't sway the RBA (The World Today) Related Story: RBA cuts fails to stimulate markets Related Link: View a graphic showing how interest rates have changed over the past 12 months Related Link: Statement by RBA Governor Glenn ...

Another bailout with nothing in return - Allentown Morning Call
Man, I'm getting tired of this. Once again we're bailing out another too-big-to-fail company -- now it's Citigroup -- and again we're acting like we've got these guys by their you-know-whats because we're imposing some limits on how much cash top ...

Viewing all entries for: December 2008 - Economist.com
There has been a fascinating discussion taking place on depression economics. Paul Krugman, who's rereleasing his book on the subject, touched off the latest round with a note on wage policies, aggregate demand, and aggregate supply. Greg Mankiw ...

Kristi O'Harran - Everett Herald
One family’s mortgage crisis August 1998: The Bergers buy a two-story house for about $153,000 in Marysville after renting for about a year. They get a 30-year Veterans Affairs mortgage with a 7 percent fixed rate through Countrywide Financial ...

Asian Stocks Have Second-Best Week in 2008 on Stimulus Spending - Bloomberg
Nov. 29 (Bloomberg) -- Asian stocks had their second-best week this year after China slashed interest rates, spurring speculation government measures will pull the global economy out of recession and boost demand. Inpex Corp. , Japan’s largest ...