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America Needs Its Frontier Spirit - Wall Street JournalThe greatest danger in the current economic crisis is that the United States will lose its historic appetite for risk. The mood now is that risk-taking got us into this mess. Risk, though, is the quintessential American trait that built the nation ...
Tis the season to read about a failing economy - Daily TelegraphOnly a year ago, financial publishing was all about academic textbooks and investment manuals. But as recessionary fears fill newspapers, the airwaves and the internet, publishers are seizing the chance to rush out books on financial collapses and ...
Sterling plummets against dollar - Financial TimesSterling was on track for its biggest drop against the dollar since 1992 as gloomy economic data fuelled expectations that the Bank of England would deliver another aggressive interest rate cut at its policy meeting on Thursday. The pound was ...
Dollar gains on economic woes - Straits TimesNEW YORK - THE dollar rose against most other major currencies in midday trading on Wednesday as weak reports on housing, employment and manufacturing added to worries about the economy. The 15-nation euro fell to US$1.2832 (S$1.939) from US$1.3022 ...
Euro Rises as Stocks Gain, Central Banks Seek to Buoy Markets - BloombergDec. 2 (Bloomberg) -- The euro rose against the dollar and the yen as stocks advanced and central banks around the world increased measures to stem the economic slowdown, reducing the allure of the two haven currencies. The euro gained as the Bank of ...
General Motors reviews a restructuring plan ahead of Friday's auto ... - CNBCDiscussing how bailout spending will affect the dollar, with Win Thin, of Brown Brothers Harriman, and Ashraf Laidi, of ... Will the Dollar Continue to... The latest Fed bailout raises the question of whether the four-month dollar rally is coming to ...
AP IMPACT: Mortgage firm arranged stealth campaign - USA TodayWASHINGTON — Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three years before the government took control ...
Bailout Gallery - CNBCDiscussing how bailout spending will affect the dollar, with Win Thin, of Brown Brothers Harriman, and Ashraf Laidi, of ... Will the Dollar Continue to... The latest Fed bailout raises the question of whether the four-month dollar rally is coming to ...
Family of southern Indiana woman with rare disease appeals to public ... - Wave 3LOUISVILLE, KY (WAVE) - The family of a New Albany woman contacted WAVE 3 for help in her battle against a rare disease that is causing her tissues to harden. The only way for her to survive is to have a stem cell transplant and her family is asking ...
Today's Mortgage Terms starting with J
Jumbo Loan: A mortgage over the $300,700 limit established by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. A jumbo mortgage tend to carry a higher interest rate than a conventional mortgage.
Junior Mortgage: A mortgage subordinate to the claim of a prior lien or mortgage. In the case of a foreclosure, a senior mortgage or lien will be paid down first.
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