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Thomas L. Friedman: It's crisis time for fixing the economy - San Jose Mercury News
So, I have a confession and a suggestion. The confession: I go into restaurants these days, look around at the tables often still crowded with young people, and I have this urge to go from table to table and say: "You don't know me, but I have to ...

Finance Sector Lobbied for Money...Without the Money to Lobby - Opensecrets.org
The surge of activity in the nation's capital to revive the country's economy apparently hasn't caused a torrent of lobbying funds by the insurance companies, investment banks, mortgage companies and savings and loans central to the government's ...

What Monday must bring - Guardian Unlimited
With any luck, Britain will get through the next two years with nothing worse than a recession. But that cannot be guaranteed. With the banking system still in crisis and the Bank of England slow off the mark in cutting interest rates, the risk is of ...

China becomes America's largest foreign creditor - Lincoln Journal Star
China passed Japan to become the U.S. government’s largest foreign creditor in September, the Treasury Department announced this week, demonstrating the dramatic expansion of Beijing’s economic influence over the American economy. China’s new ...

Obama's ball as G-20 punts on global market - Politico.com
Little was accomplished at the much-hyped summit of world leaders last week besides passing the buck to incoming president Barack Obama. With coordination between leading economies effectively on hold during the American presidential transition ...

China Tops Japan in U.S. Debt Holdings: Beijing Gains Sway Over U.S ... - Washington Post
China passed Japan to become the U.S. government's largest foreign creditor in September, the Treasury Department announced yesterday, reflecting the dramatic expansion of Beijing's economic influence over the American economy. China's new status ...

Economic summit passes the buck to Obama - Kait 8
With coordination between leading economies effectively on hold during the American presidential transition, little was accomplished at the much-hyped summit of world leaders over the weekend besides passing the buck to incoming president Barack ...

LATEST POLITICS VIDEOS - CNBC
Discussing what the president-elect's next move should be, with Keith Boykin, of The Daily Voice; Michael Farr, of Farr, Miller & Washington; and CNBC's John Harwood. If you're searching for a sign that the financial crisis is no longer a national ...

Capital's Inaction Rattles Wall Street - AOL
(Nov. 21) - Wall Street isn't feeling much love from Washington these days. With the lame-duck Congress and the Bush administration unable to agree on any action to boost the economy or ease the financial crisis, the markets have nosedived. The Dow ...

Northeast Ohio job losses spread; experts say economy will get worse - Cleveland Plain Dealer Blog
Carlos Osorio/Associated Press The horizon is dark for automakers like General Motors, which has announced plans to layoff 1,000 workers in Lordstown. Economists call it the "paradox of thrift." As job anxiety spreads, nervous consumers are salting ...

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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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