Fannie 9-Month Profit Tumbled  Fannie Mae's profits dropped by more than half in the first nine months of the year, to $1.5 billion, as credit losses and mortgage delinquencies mounted amid turbulence in the


Credit Repair: Beyond the Fair Credit Reporting Act (Evening Times)  (ARA) - Bad credit can happen to good people. On a day-to-day basis, you can't control all the factors that influence your credit score. What's more, credit reports often contain


Creating the right atmosphere  ... musicians from Turkey and Lebanon and the voices of the late Nusrat Fateh Ali Khan and Sir Richard Burton. To Brook's credit, the music never sounds overblown. "It's


Asian stocks fall with Wall Street as data revives slowdown fears  Stock markets across Asia fell Thursday, tracking losses on Wall Street overnight after the latest batch of economic data suggested consumers are still being hurt by the stress in the


Credit scoring changes could affect millions (The Wichita Eagle)   In September, the FICO credit-scoring system is set to undergo a major overhaul. Fair Isaac Corp., the Minneapolis company that creates the formula used to calculate the score, is


Naff: Merry freakin' Christmas  ... have family or friends in Iraq or Afghanistan and so this Christmas/Hanukah/Kwanzaa won't be an overly joyous time. Too bad our fellow Americans aren't feeling our pain. They're

October 31st, 2008

Set some money aside now for holiday gifts

This time of year, most of us are dreaming of air conditioning, not a white Christmas.

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October 31st, 2008

Economy slump ambushes Boise entrepreneur

Economy slump ambushes Boise entrepreneur Carrianne Recla’s furniture consignment stores were thriving until the economy slowed and she was swamped by debt and overhead Darin Oswald/Idaho Statesman Carrianne …

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October 31st, 2008

Canadian Consumer Bankruptcies on the Rise: Consolidated Credit Helps …

In addition to the bankruptcies, 2,092 individuals filed proposals to reorganize their financial affairs and avoid bankruptcy during July, up 31% from the same month a year earlier.’This is a problematic but …

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October 31st, 2008

800 Longs employees to be let go in East Bay

Approximately 800 employees in the East Bay corporate offices of Longs Drug Stores will lose their jobs as a result of the company’s acquisition by CVS Caremark Corp., which was completed this week.

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October 31st, 2008

Keeping house on a budget

Susan Miller recently saved $60 a year by requesting a smaller garbage can. Kathy Goebel cut 10 percent from her gas bill by switching to what she calls a “solar clothes dryer” – namely, a clothesline.

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October 31st, 2008

Banks ask for debt forgiveness

Banks ask for debt forgiveness BY MARCY GORDON AP Business Writer WASHINGTON With defaults on credit card debt spiraling amid a global financial downturn, banks already reeling from the mortgage crisis are …

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October 31st, 2008

Keeping house on a budget

Susan Miller recently saved $60 a year by requesting a smaller garbage can. Kathy Goebel cut 10 percent from her gas bill by switching to what she calls a “solar clothes dryer” – namely, a clothesline.

read more…

October 31st, 2008

Go indigenous

The KESC issue while not quite resolved has been taken up by President Zardari and Altaf Husain from London.

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October 31st, 2008

U.S. stocks end day, week, month on positive note

Wall Street ended higher Friday, putting an end to the worst month for U.S. stocks in more than ten years.

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October 31st, 2008

Stocks advance to add to week’s large gains

The stock market has closed out a horrendous October, its worst month in 21 years, with a big advance as more investors took chances on stocks turned into bargains by waves of intense selling.

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October 31st, 2008

They told me just to expect a skinned knee

IS IT possible that Nova Scotia will be able to get away with a proverbial skinned knee as a result of the global financial crisis while many other parts of the world suffer from a broken leg or worse? That was …

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October 31st, 2008

It might be a good time to exhale

REMEMBER A COUPLE of years ago when there was a lot of talk about whether the housing bubble would burst in the United States and what it would mean for rest of us? Well bubbles always burst and for the last …

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October 31st, 2008

Screams of silence

The year 2045 a man named Robert Henery Stephens made a decision that would take the world by storm, he did the impossible, he built an underwater city, the city was a huge success, people from all over the …

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October 31st, 2008

Classic crashing October ends on high note

The stock market closed out a horrendous October, its worst month in 21 years, with a big advance Friday as more investors took chances on stocks turned into bargains by waves of intense selling.

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October 31st, 2008

Big Gain Ends Wall St.’s Nightmare October

The stock market closed out a horrendous October, its worst month in 21 years, with a big advance Friday as more investors took chances on stocks turned into bargains by waves of intense selling.

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October 31st, 2008

Proprietary trading likely to suffer as Wall Street firms delever

As investment banks work to scale back the amount of leverage used in their businesses, a key source of past profits – proprietary trading – is likely to lose some of its juice.

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October 31st, 2008

Evidence of a recession piles higher with new data

Evidence of a recession piled ever higher Friday, with new figures showing Americans are spending less and gloomy about the economy, while the government signaled it won’t buy stock in the financing arms of …

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October 31st, 2008

Cooking on a budget with home economists

Are you spending too much on your weekly shop? In the first of an occasional series our food experts help four twentysomething professionals to save money – and calories Amanda Ursell and Caroline Stacey How …

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October 31st, 2008

Bite the bullet on the fast train

Americans who have ridden bullet trains in Europe or Asia return home scratching their heads.

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October 31st, 2008

Consumer spending plunges

Reluctance on the part of consumers to shop for big-ticket items like cars led U.S. consumer spending to its biggest drop in more than four years, the Commerce Department reported Friday.

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October 31st, 2008

Want a holiday job? Start looking now

Here’s the bad news for holiday job seekers: There are more of you competing for fewer jobs.

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October 31st, 2008

Specter of Deflation Lurks as Global Demand Drops

As dozens of countries slip deeper into financial distress, a new threat may be gathering force within the American economy – the prospect that goods will pile up waiting for buyers and prices will fall, ...

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October 31st, 2008

Sylacauga too much for Comer in Marble City Classic

The Sylacauga Aggies will have bragging for the eighth year in a row as they defeated cross town rivals B.B. Comer 49-20 in the Marble City Classic on Friday night.

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October 31st, 2008

Osteens always look for the positive

Bad news is all around, especially in the Detroit area where the auto industry has been taking a beating, but Joel Osteen has some words of advice: Keep the faith, don’t get discouraged, believe that brighter …

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October 31st, 2008

News Story: Stocks advance to add to week’s large gains

The stock market closed out a horrendous October, its worst month in 21 years, with a big advance Friday as more investors took chances on stocks turned into bargains by waves of intense selling.

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October 31st, 2008

Horrible October ends with a gain

The stock market closed out a horrendous October, its worst month in 21 years, with a big advance Friday as more investors took chances on stocks turned into bargains by waves of intense selling.

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October 31st, 2008

ICANN Scrubs Net Of Malware Haven

Too little too late for EstDomains, and if you’re too late to do anything before ICANN gets you then you’re pretty darn slow.

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October 31st, 2008

Tens of Thousands View DressLikePalin Web Site

Internet browsers weigh in – $150,000 on wardrobe could have been spent on healthcare, housing OAKLAND, Calif., Oct.

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October 31st, 2008

PNB July-Sept profit up 31% at Rs 707 cr

Punjab National Bank on Friday has recorded a 31.31% rise in net profit for the quarter ended September 2008 at Rs 707.09 crore against Rs 538.48 crore a year earlier.

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October 31st, 2008

Fear, blame surrounds credit default swaps

They’ve been described as evil, acts of Satan and weapons of mass destruction. The fervor around credit derivatives has never been higher.

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October 31st, 2008

Recession evidence grows

WASHINGTON - Evidence of a recession piled ever higher Friday, with new figures showing Americans are spending less and are gloomy about the economy, while the government signaled it won’t buy stock in the …

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October 31st, 2008

‘Extraordinary times for the economy’

Are we in a recession? That seems to be the question on many consumers’ minds in light of the state of today’s economy.

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October 31st, 2008

Evidence of a recession piles higher with new data

Evidence of a recession piled ever higher Friday, with new figures showing Americans are spending less and gloomy about the economy, while the government signaled it won’t buy stock in the financing arms of …

read more…

October 31st, 2008

October auto sales may have hit two-decade low

U.S. auto sales are expected to plunge to the lowest levels of the year in October and possibly the slowest running rate in two decades, with no certainty of when consumer confidence will return.

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October 31st, 2008

Hard to defend Bishop’s play

Michael Bishop spent six-plus seasons throwing passes to members of the Toronto Argonauts.

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