Mortgage and Financial News From 2008-4-8 Page 5
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(AFX UK Focus) 2008-04-08 22:09 GMT: Study: subprime crisis spurs lawsuits (Interactive Investor)
WASHINGTON (AP) - The ongoing housing slump and subprime mortgage crisis have sent more unhappy shareholders to federal court.
2008-04-08 02:16:03 -
Some Fed Policymakers Worried About 'Prolonged and Severe' Economic Downturn (Canadian Business)
Jeannine Aversa April 8, 2008 - 2:33 p.m. WASHINGTON (AP) - Worries about a deep recession — not a shallow one — drove Federal Reserve policymakers to slash a key interest rate last month, meeting minutes show.
2008-04-08 12:49:50 -
Fed staff see first half economic 'contraction' (AFP via Yahoo! UK & Ireland News)
Federal Reserve staff predict the US economy will contract in the first half of 2008 amid worsening housing market and credit woes, minutes from a central bank meeting revealed Tuesday.
2008-04-08 12:50:00 -
Gas Prices Slip, but Could Hit $4 (IWon - Money)
NEW YORK (AP) — Retail gasoline prices pulled back slightly from record levels Tuesday and gave some consumers a small break, but a new government forecast said gas could reach as high as $4 a gallon during the summer driving season.
2008-04-08 12:51:27 -
Greenspan forsees housing stabilization (Contra Costa Times)
nFormer Fed chief says homeinventory will begin to diminish
2008-04-08 12:51:38 -
Dropping dollar lifts Levi Strauss sales in Q1 (San Francisco Business Times)
Levi Strauss & Co. reported higher sales and profit in the first quarter ended Feb. 24.
2008-04-08 12:54:40 -
Recession fear caused US rate cut (BBC News)
The fear of a "prolonged and severe" slowdown caused the US central bank to cut rates, minutes of its meeting show.
2008-04-08 12:55:35 -
Wall Street pulls back following worse-than-expected profit data, minutes from Federal Reserve (KATC 3 Lafayette)
NEW YORK -- Wall Street retreated Tuesday after aluminum producer Alcoa Inc. and chip maker Advanced Micro Devices Inc. issued disappointing reports and the Federal Reserve voiced...
2008-04-08 12:56:12 -
Cisco Adds to Nexus (Byte and Switch)
HONOLULU, Hawaii -- Marking the next evolution of its network-enabled Data Center 3.0 vision to transform the data center into a virtualized environment providing anytime, anywhere access to content on any device, Cisco® (NASDAQ: CSCO - message board ) today unveiled the Cisco Nexus 5000 Series of data center-class switches, introduced industry-leading interoperability via an ecosystem of ...
2008-04-08 12:56:43 -
A News Series from Coldwell Banker Real Estate LLC Highlighting Real Estate Tips (Business Wire via Yahoo! Finance)
PARSIPPANY, N.J.----For most people, buying a home is the most significant investment of their lives. And in spite of the doubt and confusion clouding both the financial markets and news headlines, 2008 presents many genuine real estate opportunities - especially for first-time buyers.
2008-04-07 07:27:00 -
Top mutual funds of 2008 (MSN Money Canada)
MoneySense's annual guide to Canada's top funds. These days, when many Canadian mutual funds are basking in the glow of yet another year of double-digit returns, it's easy for novice investors to conclude that investing is simple.
2008-04-07 01:06:38 -
Questions And Answers - Tuesday, April 9 2008 (Scoop.co.nz)
1. H V ROSS ROBERTSON (Labour—Manukau East) to the Minister for Communications and Information Technology: What reports has he received on improvements for telecommunications in New Zealand?
2008-04-07 11:00:05 -
U.K. House Prices Fall the Most Since 1992, HBOS Says (Update1) (Bloomberg.com)
April 8 (Bloomberg) -- U.K. house prices dropped by the most since 1992 in March as a global credit squeeze forced banks to roll back mortgage lending, adding to the case for a Bank of England interest-rate cut this week, a report by HBOS Plc showed.
2008-04-08 12:58:33 -
Easing a breakup with your banker (The Monterey County Herald)
DALLAS — With their bank accounts tethered to online bill paying, automatic debits and direct deposits of paychecks, most consumers cringe at the thought of closing a bank account to move to another financial institution.
2008-04-08 02:19:15 -
Find the Best Deal on Refinancing Your Home (Richfield Reaper)
(ARA) - Do you have a balloon mortgage that is coming due or an adjustable rate mortgage payment that has been steadily creeping up as interest rates change?
2008-04-08 07:34:55