The Bush administration's newly aggressive effort to help people facing foreclosure and shore up the troubled mortgage industry was sparked by growing concerns of an election-year recession, and the political damage that would cause, analysts said Tuesday.
WASHINGTON, Dec. 4 /U.S. Newswire/ -- Households without access to payday loans are forced to use costlier credit products and suffer greater financial difficulties, according to new research prepared by staff of the Federal Reserve Bank of New York.
U.S. chief executives' view of the economy improved in the fourth quarter, although they have become far more concerned about energy prices than they were a year earlier, according to a survey by the Business Roundtable released Tuesday.
National Security: China continues to develop its cyberwarfare capabilities and hacks into the computer systems of foreign governments and corporations. So why are we considering a deal to show them how?
Jesus, they preach, not only wants you to love the poor--Jesus wants you to get rich, or at least to live debt free! "They" are the Christian televangelists atop the multimillion-dollar media ministries being scrutinized by Senator Charles Grassley.
Merry Christmas ...that's my greeting at this time of the year. I use this greeting because I am wishing my family, friends, colleagues, acquaintances and even an occasional stranger on the street all the joys of this important observance.
Who owns your home? That seems like a pretty straightforward question. But the answer might not be as clear-cut as you think.
As environmental practices sweep much of the corporate world, U.S. small businesses also are jumping in.
After buying her childhood home from her mother's estate, Kari Sessa and husband, Keith, were in danger of losing the Huntington Station house until the lender agreed to a two-year extension of the 6.1 percent teaser interest rate on their loan.
Voters on Sunday defeated a package of constitutional reforms that could have indefinitely extended President Hugo Chavez's grip on power here. It was a shocking electoral loss for the strongman, his first in nine years at the helm.
WASHINGTON -- Federal Reserve policymakers usually sing from the same songbook, but these days, they are out of tune.
The avian flu is following a plot line that could have come out of a Stephen King novel. It's a menacing presence but remains mysterious, striking in out-of-the-way places while threatening havoc via a global pandemic.
Manuel Pereda, 57, spent years studying English during the day and working as a dishwasher at night.
Softer-than-expected new-home sales and a surge in new claims for jobless benefits reported Thursday heightened fears of a steep U.S. economic slide and overshadowed a strong third-quarter performance.
In Washington, Sacramento and the Inland Empire -- where 1 of every 43 residences has been subject to foreclosure -- officials Thursday offered money, legislation and ideas to help struggling homeowners stay in their homes and stop what critics charge are predatory lending practi …
WASHINGTON - The U.S. Department of Housing and Urban Development announced today that it has charged Neysa C.
As the 2007 Atlantic hurricane season officially comes to a close on November 30, NOAA scientists are carefully reviewing a set of dynamic weather patterns that yielded lower-than-expected hurricane activity across the Atlantic Basin.
Companies will continue to have broad authority to block investors from playing a bigger role in electing members of corporate boards, federal regulators ruled Wednesday.
U.S. business bankruptcies rose 35% in the third quarter from a year earlier and are likely to climb further in the current period as the slumping housing market and rising energy prices take a toll, according to a study released Wednesday.
The Bush administration reported a small drop in greenhouse gas emissions for the United States last year, the first decline since 2001, but the emissions still represented a sizable increase over the last decade and a half.
Some cities are tightening their belts following the slump in home values, but is that really the solution? Madeleine Brand talks with Zach Adamson about how foreclosures have affected his street in a historic neighborhood of Indianapolis and with John Taylor, President and CEO o …
Dovish comments from a top Fed official Wednesday fueled hopes for more interest rate cuts and rekindled the stock market.
With oil prices in record territory, presidential candidates stumping for votes in corn-centric Iowa, and congressional Democrats anxious to pass an energy bill to cut the nation's dependence on Mideast oil, this should be the right moment for ethanol.
No one knows how severe the slump will be, but economists and real estate experts interviewed by The Times, and who were willing to make predictions, said prices could fall 15% to 25% before turning back up. Most said values would continue falling through at least next year, and …
"The fall issue of Rural Voices illustrates some of the innovative ways rural homeless providers are accessing and using resources," notes Moises Loza, executive director of the Housing Assistance Council, which publishes Rural Voices.
On June 9, 2007, the trustees of Antioch University, an adult-education offshoot of Antioch College that now dominates the college administratively, financially, and in terms of overall student population, announced that Antioch College would suspend operations on July 1, 2008, w …
Dell Inc.'s disclosure that executives routinely adjusted accounts to meet financial goals raises questions about the role of founder Michael Dell.
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Foreclosures Ravage Neighborhoods And Communities
Media Pundits Ignore Gathering Storm Of Housing Crisis
THE NATION; Is Prosperity A Blessing From God, Or A Crime?; A Senate Probe Into The Use Of Church Donations May Pit Tax Laws Against Religious Freedom.
HOW IT HURTS US ALL: The Far Reaching Effects Of Subprime Fallout
Death By Political Correctness; Who Killed Antioch College?
The U.S. Dollar Falls, And Still America Wins
More Foreclosures Than Modifications
Supreme Court Set To Hear Major Case On Securities Lawsuits Vs. Third Parties; Akin To Enron Fraud Scandal; Oral Arguments Tue. Over Whether To Let Trial Lawyers Cast Far-wider Liability Net
Congress Probes Labs' Handling Of Germs; As CDC, Other U.S. Facilities Work With Deadly Toxins, Incidents Raise Concerns About Safety Measures.
Lenders Didn't Bank On Fatal Results; Cleveland, Detroit Among Cities That Need U.S. Help To Re-establish Safety After Foreclosures.