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The Credit You Deserve - NewsweekWall Street's problems have captured the attention of Congress, the White House and the media. But on the country's Main Streets, worried workers, struggling small business owners and cash-strapped families are wondering if anyone is paying attention ...
Housing woes are bad but will likely get worse, some economists ... - Atlantic City PressWASHINGTON If you think the housing slump can't get much worse, Martin Feldstein thinks that both home prices and the broader economy can - and very likely will - get a whole lot worse. The Harvard University professor and former chief economic ...
FDIC will guarantee up to $1.4 trillion in bank debt; Wall Street ... - Orlando SentinelWASHINGTON (AP) _ Federal regulators will guarantee as much as $1.4 trillion in U.S. banks' debt in a bid to get the distressed financial system pumping again. They also took steps Friday to make it easier for private investors to buy banks seized by ...
Brasch Words - American ReporterBLOOMSBURG, Pa. -- President George W. Bush gazed into the cameras on a Tuesday morning in July and tried to assuage the fears of about 300 million Americans who believed they were in the middle of a recession. "The economy is growing," said the ...
Summers to Join Obama White House, Boosts Fed Chances (Update1) - BloombergNov. 21 (Bloomberg) -- Harvard University professor Lawrence Summers will join the Obama administration with a ready-made sales pitch for substantial economic stimulus and a chance that the role springboards him to the Federal Reserve. Summers, 53 ...
TOPWRAP 1-Obama picks point men for crisis fight back - FXStreet.comWASHINGTON/LIMA, Nov 23 (Reuters) - U.S. President-elect Barack Obama has picked two experienced policymakers, Timothy Geithner and Lawrence Summers, to spearhead the fight against the global financial crisis -- appointments which should bring some ...
The Subprime Good Guys These mortgage lenders loan to poor people ... - SlateThe ethical subprime-lending industry helps people buy houses they can afford In recent months, conservative economists and editorialists have tried to pin the blame for the international financial mess on subprime lending and subprime borrowers. If ...
Dollar climbs against euro, falls versus the pound - CNN MoneyNEW YORK (Associated Press) - The dollar was mixed against major currencies Monday after a summit of world leaders in Washington failed to provide specific guidelines to ease the global financial crisis, while a reading of industrial production ...
Dow slips below 8,000 on growing fear of deflation - Reading EagleWASHINGTON - A growing fear of economic deflation helped take the air out of the stock market Wednesday, and another white-knuckle final hour on Wall Street pushed the Dow Jones industrials under 8,000 to their lowest close since the financial ...
Wall Street zigzags in trading as investors digest economic, corporate ... - Allentown Morning CallNEW YORK (AP) _ Wall Street fluctuated Monday as investors digested more signs of economic weakness, including a huge round of layoffs in the financial sector. After a turbulent week that sent the Dow Jones industrials down nearly 340 points ...
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