Fri, Apr 4 2008, 7:00 AM
U.S. nonfarm payrolls fell for the third consecutive month, with the
U.S. Labor Department reporting that the U.S. lost 80k
jobs in March. The une...
Fri, Apr 4 2008, 7:00 AM
Under the Fed's new primary dealer credit facility, investment
banks borrowed $10.341 billion from the discount window for the
week ending April 2...
Fri, Apr 4 2008, 7:00 AM
The third candidate to outline his plans for ending the housing market
meltdown was Senator Barack Obama . Speaking at
Cooper Union in New York r...
Fri, Apr 4 2008, 7:00 AM
U.S. economic growth is likely to be sluggish in 2008, dragged down by
an ailing housing sector that is not likely to recover
in the near future, ...
Thu, Apr 3 2008, 7:00 AM
Mortgage rates were largely unchanged during the week
ended March 27 according to the Primary Mortgage Market Survey conducted
by Freddie Mac.
...
Thu, Apr 3 2008, 7:00 AM
With what surely passes as warp-speed on Capitol Hill, the Senate on
Wednesday afternoon reached tentative bi-partisan accord on a wide-
ranging ...
Thu, Apr 3 2008, 7:00 AM
"As Fannie Mae has expanded its mortgage guaranty business to serve
the market's urgent need for stability, liquidity and affordability, the
company...
Thu, Apr 3 2008, 7:00 AM
Federal Reserve Chairman Ben Bernanke defended the U.S. central
bank's action to provide funding to Bear Stearns , saying Bear's
failure would ha...
Thu, Apr 3 2008, 7:00 AM
Fears that the bankruptcy of Bear Stearns would cause widespread
uncertainty about the financial conditions of other global investment
banks and fur...
Thu, Apr 3 2008, 7:00 AM
The Federal Reserve conducted a second auction under its Term
Security Lending Facility (TSLF) Thursday, auctioning $25
billion in short-term secu...
Wed, Apr 2 2008, 7:00 AM
According to a story written by Lynnley Browning in Wednesday�s New
York Times, Hope Now , the White House's initial answer
to the country's mounti...
Wed, Apr 2 2008, 7:00 AM
The main highlights of the week so far in central bank-related news
included Fed Chairman Ben Bernanke�s testimony on the U.S. economy and
financial...
Wed, Apr 2 2008, 7:00 AM
Losses from the U.S. subprime mortgage meltdown could
top $300 billion, an economist from one of Canada's major banks told a
Toronto real estate c...
Wed, Apr 2 2008, 7:00 AM
Mortgage applications in the U.S. fell 28.7% in the
week ending March 28, with the market composite index decreasing to 688.3
from 959.9 a year ago...
Wed, Apr 2 2008, 7:00 AM
Federal Reserve Chairman Ben Bernanke Wednesday
touched on a variety of factors contributing to the current weak state of
the U.S. economy, but al...
Tue, Apr 1 2008, 7:00 AM
Lehman Brothers fought off persistent rumors that it
might be headed to a Bear Stearns-like collapse by raising $4 billion in
capital on Tuesday.
...
Tue, Apr 1 2008, 7:00 AM
Total construction spending in January fell 1.7%.
Total residential construction spending fell 0.9% in February to an
annual rate of $463.761 b...
Tue, Apr 1 2008, 7:00 AM
(CEP News) - On Wednesday, U.S. Federal Reserve Chairman Ben
Bernanke takes centre stage when he testifies before the Joint
Economic Committee. ...
Tue, Apr 1 2008, 7:00 AM
(CEP News) Washington - Treasury undersecretary for terrorism
and financial intelligence Stuart Levey told the Senate Finance
Committee Tuesday th...
Tue, Apr 1 2008, 7:00 AM
Each of the three possible candidates for nomination as their party's
presidential nominee has made major speeches recently spotlighting their
solu...
Tue, Apr 1 2008, 7:00 AM
The Federal Reserve announced Tuesday that it will provide a
set of maps and data illustrating subprime and
alt-A mortgage loan conditions acros...
Mon, Mar 31 2008, 9:33 AM
Mon, Mar 31 2008, 7:52 AM
Mon, Mar 31 2008, 7:21 AM
Mon, Mar 31 2008, 7:15 AM
Mon, Mar 31 2008, 7:00 AM
Reuters is reporting that the Secretary of Housing and Urban
Development will announce his resignation Monday morning. Secretary
Alphonso Jackson is...
Mon, Mar 31 2008, 7:00 AM
Treasury Secretary Henry Paulson will confirm on
Monday widely circulating weekend rumors that the Bush Administration is
seeking a sweeping overh...
Mon, Mar 31 2008, 7:00 AM
In the wake of mixed regional data, the U.S. ISM
report to be released Tuesday, will highlight the state of the
U.S. national manufacturing sector...
Mon, Mar 31 2008, 2:10 PM
Mon, Mar 31 2008, 2:00 PM
Fri, Mar 28 2008, 12:44 PM
Fri, Mar 28 2008, 8:57 AM
Fri, Mar 28 2008, 7:00 AM
Senator John McCain was the second candidate to
outline his solutions to the housing and credit
situation . He restated the history leading up to...
Fri, Mar 28 2008, 6:04 AM
Fri, Mar 28 2008, 3:01 PM
Thu, Mar 27 2008, 12:29 PM
Thu, Mar 27 2008, 10:19 AM
Thu, Mar 27 2008, 7:57 AM
