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Credit cards: No holiday help from Congress Congress sputters in push to stop credit card issuers from raising rates before tougher laws kick in on Feb. 22. After credit card companies started hiking rates over the summer, the...
Tax credit, low prices and interest rates credited for upsurge, but some say it could be short-lived With first-time buyers out in force last month, sales of existing single-family homes and condos rose to 7,286 homes. And the...
Asian markets ended mostly lower with Chinese stocks succumbing to a heavy dose of selling as investors locked in profits after the country's banking regulator warned banks about their capital position.
JERUSALEM -- Israel's central bank raised its key interest rate to 1%, amid signs that the country is rebounding from the global economic crisis quicker and stronger than expected. The bank said the move comes as it pegged...
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By Stuart Grudgings BOA FRENTE, Brazil (Reuters) - Strangers have been fishing in his village's lake and Quadro is on a two-hour ride to recruit help from the nearest police post in Brazil's vast Amazon forest. His tiny...
Future living standards will take a hit as federal borrowing balloons and bank lending to business shrinks. The most spectacular step in that effort was the Fed announcement last month that it will evaluate the salaries of bank...
By ILONA BILLINGTON And ANITA LIKUS LONDON—Distressed sales of commercial property continued to rise around the world in the third quarter of the year, with the U.S. reporting the second-largest quarterly increase for the...
Saving is back, but it's hardly paying off; here's how to boost your results By Tom Petruno Tribune Newspapers You'd think that $10 trillion would merit a little more respect. The question that every bank saver would dearly...
Funding a down payment with the credit increases the odds the buyer will default. By ROBERT C. POZEN A few weeks ago, President Barack Obama signed legislation extending an $8,000 tax credit for first-time home buyers. But it...
