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- (Original Image By Elena Kalistratova) Harder times appear to be on the way, even if lawmakers succeed in unclogging the nation's credit system. It's time to look around our homes and do what we can to cut costs, avoid unnecessary repairs and ...
- Maybe your investments have taken a beating or the bank has frozen your home-equity line of credit. Or you just spent $100 to fill your gas guzzler's tank. A lot of financial stress is going around these days, which puts us in particular danger of ...
- PONTE VEDRA BEACH, FL -- Homeowner and businessman Gary McCullough got a letter this week he did not expect, his home equity line of credit was being frozen. "Totally shocked," is how McCullough described his reaction after checking on line that some ...
- LITTLETON, Colo. (AP) ? A Littleton family learned the hard way this week that banks are reducing or freezing equity credit lines because of declining home values and worries about the credit markets. Tin Kuykendall was caught off guard when she ...
- CHICAGO--( BUSINESS WIRE )--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in ...
- In light of the uncertainty overhanging the U.S. and worldwide capital markets, American Equity Investment Life Holding Company AEL is announcing third quarter 2008 sales and certain other information prior to its release of third quarter 2008 ...
- Oct. 3 (Bloomberg) -- Almost 100 U.S. corporate treasurers gathered for an emergency conference call yesterday to warn each other that banks are using any excuse to charge more to renew lines of credit. ``Capital is fleeing to safety,'' said Edward E ...
- LOS ANGELES -- Janet Hildreth is gearing up for Black Friday at her San Francisco flooring company. Orders have plunged so precipitously that she is laying off half of her 40-person staff at the end of this week -- the first such cuts in the 36-year ...
- NEW YORK — A day of reckoning is approaching for some small-business owners: Oct. 15, when those who got extensions of the deadline for filing 2007 tax returns must now send in their completed forms — and pay any tax they owe. For some owners ...
- Investments by many state banks, including local lenders, in Fannie Mae and Freddie Mac may hurt bottom-lines, but should not force any community banks to stop lending, or worse, close their doors. Many of Massachusetts' 200 banks held preferred ...
- Businesses: Since companies use credit much as consumers do, a lack of credit could bring a slowdown in expansion, meaning fewer new jobs. For companies already borrowing to make ends meet, it could mean cutbacks.
- WASHINGTON— The proposal to bail out U.S. financial markets to the tune of up to $700 billion creates a lot of potential short-term winners, as well as some losers. Wall Street and the banking industry are perhaps the biggest winners. Scores of ...
- Page 1 of 5 CREDIT BUBBLE BULLETIN A changed financial landscape Commentary and weekly watch by Doug Noland For our country's sake, I hope our Washington politicians worked out a mindful financial sector bailout package over the weekend
- In August 2004, Moody's Corp. unveiled a new credit-rating model that Wall Street banks used to sow the seeds of their own demise. The formula allowed securities firms to sell more top-rated, subprime mortgage-backed bonds than ever before. A week ...
- "A tournament, a tournament, a tournament of lies. Offer me solutions, offer me alternatives and I decline. It's the end of the world as we know it and I feel fine. (It's time I had some time alone.)" - Lyrics from R.E.M., 1987 Flying last Tuesday ...
- Once again Americans are being threatened with a campaign of fear. At the start of his administration, Bush had a surplus of funds totaling over $60 billion; we have a current budget deficit of $9.7 trillion. Now we are being told we have to bail out ...
- Centrica plc, the owner of British Gas, today announced that it has acquired Solar Technologies Group Limited ( “ Solar Technologies ” ) for £2.8 million in cash (including the repayment of debt). The acquisition will enable British Gas to ...
- Once again Americans are being threatened with a campaign of fear. At the start of his administration, Bush had a surplus of funds totaling over $60 billion; we have a current budget deficit of $9.7 trillion. Now we are being told we have to bail out ...
- Financial-services maelstrom sends heavily exposed fund reeling. AGF U.S. Value Class's winning ways seem far removed now. With its heavy exposure to the ailing financial sector, the fund has been sent reeling over the past year. While investors ...
- Home >> United States & Canada >> Economics & Trade Email Print Economy: An Explanation of a Crisis John Mangun - 9/29/2008 It is as complicated as trying to trace one noodle in a plate of spaghetti.
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