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- Foreclosures in Florida continued to rise in September, as job losses, declining property values and adjusting mortgage payments pushed nearly 50,000 new homeowners into default, according to new data released Thursday. Statewide new foreclosure ...
- Oct. 23 (Bloomberg) -- Sweden cut its key lending rate by a half-point for the second time in two weeks and forecast another similar reduction within six months to cushion the economic slowdown. It also lowered forecasts for growth and inflation ...
- Oct. 23 (Bloomberg) -- The Canadian government will guarantee short-term borrowing by the country's commercial banks in a bid to revive lending and match support offered by other governments amid the global credit crisis. The government will insure ...
- Chicago, IL (AHN) - Despite a 38 percent decline in Boeing's third quarter profit caused by an ongoing strike, the second largest commercial aircraft manufacturer in the world is offering loans to cash-strapped clients to finance their purchase of a ...
- Oct. 23 (Bloomberg) -- Stocks fell around the world as a downgrade of Russia's credit-rating outlook stoked concern over the spreading impact of the financial crises on the world's economy. Daimler AG, the world's second-biggest maker of luxury cars ...
- Bank-hating credit union clients owe Finance Minister Jim Flaherty a ‘thank you' Thursday morning. So do home owners who use mortgage brokers, drivers who have fender-benders and must tap their car insurance, and companies borrowing from the local ...
- NEW YORK (CNNMoney.com) -- The housing crisis still has a choke hold on America: In September, 81,312 homes were lost to foreclosure, according to a report released Thursday. RealtyTrac, an online marketer of foreclosed properties, said that 851,000 ...
- SHANGHAI, Oct. 23 (Xinhua) -- To An Wei, a white-collar migrant worker in Shanghai, China's tax exemption on house purchase and mortgage deposits reduction announced on Wednesday night were a real stimulus for home buying. "The new policy would not ...
- VANCOUVER and TORONTO — Fortress Investment Group LLC scrambled to reach a last-minute deal with debtholders to refinance a $1.7-billion (U.S.) loan for Intrawest ULC, the resort company that runs Whistler-Blackcomb, a site of several events for ...
- TORONTO -(Dow Jones)- As expected, Canadian Finance Minister Jim Flaherty introduced a plan to guarantee interbank lending, matching similar plans introduced recently by several countries, including the U.S. In recent days, banking sources had said ...
- WASHINGTON -- Lawmakers have called key players from the past and present to congressional hearings in an effort to find out what caused the biggest financial crisis since the 1930s and determine how the government plans to get the nation out of the ...
- WASHINGTON - Lawmakers have called key players from the past and present to congressional hearings in an effort to find out what caused the biggest financial crisis since the 1930s and determine how the government plans to get the nation out of the ...
- Oct. 23 (Bloomberg) -- U.K. stocks declined for a third day, led by mining companies, on deepening concern a global economic slump will damp demand for commodities. Anglo American Plc slipped 4 percent after saying it is reviewing its projects and ...
- Stockholm - Shares for main Swedish banking groups Nordea, Swedbank and SEB on Thursday declined after they reported third-quarter 2008 results. While the reports suggested they had weathered the first phases of the financial turmoil, the banks ...
- Long Island 's median home sales price was $415,000 for the third quarter, a 6.2 percent drop from $442,380 a year ago, according to a report to be released today by Miller Samuel, a Manhattan -based appraisal firm. In Queens, the median sales price ...
- ST. PETERSBURG, Fla. - When word surfaced that Chase Utley was dealing with an injured hip after the All-Star break - and his power numbers began to decline - an argument was made that the Phillies may have benefited by giving the star second baseman ...
- MADRID, Oct 23 (Reuters) - Banco de Sabadell said on Thursday that it expects its non performing loans (NPL) ratio to remain below the sector average. At a press conference for its nine months to September results, Chief Executive Officer Jaime ...
- NEW YORK (CNNMoney.com) -- The housing crisis still has a choke hold on America: In September, 81,312 homes were lost to foreclosure, according to a report released Thursday. RealtyTrac, an online marketer of foreclosed properties, said that 851,000 ...
- A brush fire burns out of control in the Bel Air area of Los Angeles early Thursday, Oct. 23, 2008. Los Angeles fire spokesman Brian Humphrey says all lanes of the 405 Freeway have been closed through the Sepulveda Pass. (AP Photo/Dan Steinberg) LOS ...
- BERLIN, Oct 23 (Reuters) - Germany may be flirting with recession but it could suffer less than its peers from the downturn as factors that held its economy back in past years now shield it from the worst of the global financial crisis. A subdued ...
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