Bing
- Weak Consumer Spending, Rising Unemployment Snag Economic…
- WASHINGTON — The economy is not growing as fast as the government first thought and the recovery still faces significant obstacles, including households nervous about spending and rising unemployment. Economists expect new reports Wednesday…
- FOX News
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- 25 minutes ago
- Interest Rate Roundup
- Mortgage rates fell to a record low for the second consecutive week. The average 30-year, fixed-rate mortgage fell 6 basis points, to 5 percent. A basis point is one-hundredth of a percentage point. Meanwhile, this week's average 15-year…
- Bankrate.com
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- 31 minutes ago
- U.S. economic rebound slower than first thought
- WASHINGTON–The economy grew at a 2.8 per cent pace last quarter ... Much of the economy's return to growth last quarter reflected federal support for spending on homes and cars. But Tuesday's report shows that some of that spending was a…
- Toronto Star
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- 18 minutes ago
- Minnesota's banks are bruised, but healing
- As a whole, state banks are benefiting from decisions they made earlier in the year to curb their exposure to real estate developers and builders ... has acquired four failed banks, including one last week in Florida, since late August. "
- Minneapolis Star Tribune
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- 16 minutes ago
- Embassy Row
- A leading Latin American analyst in Washington is worried that the ruling Sandinista Party in Nicaragua is slowly killing democracy, while the opposition remains divided and too weak to challenge the regime of the former Marxist…
- Washington Times
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- 1 hour ago
- Bad loans, tight credit endanger U.S. recovery
- Washington — The U.S. recession might be over, but the country and its bloodied banking sector are struggling to cope with overstretched families and billions in soured loans. The country's deposit insurance agency says troubled loans are…
- ReportonBusiness.com
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- 19 minutes ago
- Mixed reports due out on health of U.S. economy
- WASHINGTON -- Reports on first-time jobless claims, consumer spending and new home sales come out this morning, as economists wait to crunch the numbers. The jobless claims are expected to show slight improvement from the week before, while…
- WRGB
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- 1 hour ago
- Economy’s rebound not as strong as first thought
- WASHINGTON (AP) — The economy grew at a 2.8 percent pace last ... Much of the economy’s return to growth last quarter reflected federal support for spending on homes and cars. But Tuesday’s report shows that some of that spending was a bit…
- Daily Tribune
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- 57 minutes ago
- Mixed reports likely on health of U.S. economy
- WASHINGTON (AP) — Reports on first-time jobless claims, consumer spending and new home sales come out this ... Sales of new homes are expected to grow as well, propelled by first-time buyers taking advantage of a special tax credit.
- KTVB
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- 56 minutes ago
- Banks repaying bailout funds at fast clip
- I'm told by banker associations and banks, 'Hey, this is good capital, we'd like to have it, but we don't want to be the only bank in town who takes your capital, because ... largely to losses from commercial real estate loans. The Federal…
- Washington Times
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- 22 minutes ago