Fri, Jul 11 2008, 7:00 AM
For the third day this week the stocks of Freddie Mac
and Fannie Mae took a hammerin' on Wall Street and for
the second day major newspapers are...
Fri, Jul 11 2008, 7:00 AM
The preliminary consumer sentiment survey from
Reuters and the University of Michigan rebounded for the first time since
January, reaching a score...
Fri, Jul 11 2008, 7:00 AM
The U.S. monthly trade deficit unexpectedly shrank in
May to -$59.8 billion, with April's deficit figure downwardly revised to -
$60.5 billion from...
Fri, Jul 11 2008, 7:00 AM
Releasing a statement on Friday, U.S. Treasury Secretary Henry Paulson
said that the focus was to back Fannie Mae and Freddie Mac "in their
current ...
Thu, Jul 10 2008, 10:23 AM
Thu, Jul 10 2008, 9:28 AM
Thu, Jul 10 2008, 8:49 AM
Thu, Jul 10 2008, 8:13 AM
Thu, Jul 10 2008, 8:02 AM
Thu, Jul 10 2008, 7:00 AM
Testifying before the House Committee on Financial Service, Federal
Reserve Chairman Ben Bernanke called for the consolidated
supervision of invest...
Thu, Jul 10 2008, 7:00 AM
According to Realtytrac's most recent survey,
foreclosures in the United States are down 3.0% in June
compared to the previous month's levels, but...
Thu, Jul 10 2008, 7:00 AM
The U.S. officials may need to bail out the two government-sponsored
enterprises responsible for insuring mortgages, a former Federal Reserve
presid...
Thu, Jul 10 2008, 7:00 AM
Testifying before the House Committee on Financial Services, Treasury
Secretary Henry Paulson said financial firms must be allowed to
fail .
"I...
Thu, Jul 10 2008, 7:00 AM
Financial news outlet CNBC was reporting early Thursday that
Freddie Mac and Fannie Mae , the two
corporations around which much of housing recov...
Thu, Jul 10 2008, 7:00 AM
Initial claims for unemployment benefits in the
United States fell to 346k in the week ending July 5, following an
unrevised 404k in the previous w...
Thu, Jul 10 2008, 7:00 AM
The release of U.S. jobless claims and comments from Fed's Yellen (non-
voter) will top the North American data releases. Markets will also be
paying...
Thu, Jul 10 2008, 6:50 AM
Thu, Jul 10 2008, 6:30 AM
Thu, Jul 10 2008, 4:48 PM
Wed, Jul 9 2008, 10:52 AM
Wed, Jul 9 2008, 7:00 AM
Weekly mortgage applications in the United States
moved higher in the week ending July 4, according to data released from
the Mortgage Bankers' As...
Wed, Jul 9 2008, 7:00 AM
Following a recent string of soft data, Fed fund futures traders
walked a fine line on Wednesday between preaching long-term patience on
the part of...
Wed, Jul 9 2008, 7:00 AM
Mortgage interest rates dropped slightly during the
week ended July 3 according to results of the Primary Mortgage Market
Survey released by Freddi...
Wed, Jul 9 2008, 7:00 AM
After announcing on Monday that it would shutter its mortgage lending
operations but continue business as a retail bank,
IndyMac was hit on Tuesda...
Wed, Jul 9 2008, 7:00 AM
Elevated food prices are caused by increased global demand that shows
no signs of letting up, and monetary policy should stop excluding
food prices...
Wed, Jul 9 2008, 7:00 AM
U.S. crude oil inventories will top the U.S. economic
data releases of the day along with Canadian building permits for June.
In Europe, markets w...
Tue, Jul 8 2008, 12:41 PM
Tue, Jul 8 2008, 10:26 AM
Tue, Jul 8 2008, 7:00 AM
Inflation has become the number one concern among
small business owners , according to the National
Federation of Independent Business Index of Sm...
Tue, Jul 8 2008, 7:00 AM
U.S. pending home sales resumed their decline in May,
falling 4.7% in the month after an upwardly revised 7.1% bounce in April,
according to the N...
Tue, Jul 8 2008, 7:00 AM
IndyMac has announced that, effective yesterday, it
is closing both its wholesale and retail production channel and will no
longer accept any new m...
Tue, Jul 8 2008, 7:00 AM
Federal Reserve Chairman en Bernanke said the Federal Reserve may
extend Wall Street's access to lending until 2009 .
Speaking at the FDIC's for...
Tue, Jul 8 2008, 7:00 AM
The 4.7% decline in U.S. pending home sales in May shows that the
previous month's gain was not a true sign of
stabilization , economists said afte...
Tue, Jul 8 2008, 7:00 AM
Richmond Fed President Jeffrey Lacker (non-voter)
said economic growth should pick up next year and that withdrawing the
fiscal stimulus as growth...
Tue, Jul 8 2008, 7:00 AM
Shares of Freddie Mac and Fannie Mae
were looking a little better in early trading on Tuesday after investors
fled the two government sponsored ...
Tue, Jul 8 2008, 7:00 AM
U.S. wholesale inventories rose 0.8% month-over-month
in May, marginally above expectations for a 0.7% advance, while the
previous month's figure ...
Tue, Jul 8 2008, 7:00 AM
U.S. Treasury Secretary Henry Paulson said he is
pleased Freddie Mac and Fannie Mae are committed to raising more
capital this spring, calling r...
Mon, Jul 7 2008, 12:33 PM
Mon, Jul 7 2008, 11:05 AM
Mon, Jul 7 2008, 10:35 AM
Mon, Jul 7 2008, 10:30 AM
Mon, Jul 7 2008, 7:00 AM
With the second half of the year just beginning, economists are
questioning if the worst of the U.S. downturn is already over, or whether
uncertaint...
