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Record budget has little tax bite - Times-Herald
LITTLE VALLEY – A record $203,895,790 Cattaraugus County budget for 2009 was unanimously adopted without comment Tuesday by county lawmakers. That is an increase of almost $9 million over the current county budget. The budget carries a $44,788 ...

U.S. STOCKS - Wall St slides on worsening economic gloom - Reuters India
NEW YORK (Reuters) - U.S. stocks tumbled on Wednesday after the country's top electronics retailer warned the current business climate was the worst in 40 years, adding to recent economic gloom. Shares of financial companies fell after the U.S ...

CORRECTED - GLOBAL MARKETS-US stocks plunge on Paulson comments, oil ... - Reuters
NEW YORK, Nov 12 (Reuters) - U.S. stocks plunged on Wednesday after a shift in how the U.S. government will use its $700 billion bailout fund fed uncertainty and oil prices slid to 21-month lows on fears of a deep global recession. U.S. Treasury ...

Mortgage rates fall after government's pledge - WLS
A dramatic drop in interest rates is good news for home buyers. Credit appears to be flowing following the government's pledge on Tuesday to give $800 billion to new loan programs. Interest on a 30-year fixed rate mortgage dropped more than a half a ...

Wall St buoyed by Citigroup rescue - News.com.au
WALL Street shares raced higher on Monday after a huge weekend rescue for struggling banking giant Citigroup prompted a rush into beaten-down stocks. At 1542 GMT, the Dow Jones Industrial Average jumped 292.95 points (3.64 per cent) to 8,339.37 ...

Pritzker backs out of running for Commerce post - Chicago Tribune
WASHINGTON - Chicago billionaire Penny Pritzker, who led the prolific fundraising that helped power Barack Obama 's presidential campaign, said Thursday that she had taken herself out of the running for an appointment as Commerce Secretary ...

Citigroup rescue sparks Wall St surge - News.com.au
WALL Street staged a powerful rally overnight as US government rescue of banking giant Citigroup sparked a second straight session of frenzied buying. The Dow Jones Industrial Average vaulted 396.97 points (4.93 per cent) to close at 8443.39 while ...

Illinois housing prices, sales plunge - Chicago Tribune
The nation's housing industry no longer is counting down the days until 2009—the year that held the promise of a long-awaited turnaround. Now, it is waiting for 2010. A growing chorus of experts predicts no relief for the residential real estate ...

13th District candidates talking technology - Batavia Sun
Both candidates for 13th Congressional district see technology in Will County's future. Congresswoman Judy Biggert, R-Hinsdale, is in her fifth term representing the district, which stretches into northern Will County and includes all of Homer ...

Chicago billionaire Pritzker out of running for Obama cabinet position - Guardian Unlimited
Chicago billionaire Penny Pritzker, who led the prolific fundraising that helped power Barack Obama 's presidential campaign, said yesterday that she had taken herself out of the running for an appointment as US commerce secretary. "Speculation has ...

Today's Mortgage Terms starting with O

Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.

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