Mortgage and Financial News From 2008-6-22 Page 01
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4WD sales tank as fuel price rises - News.com.au
SALES of fuel-hungry four-wheel-drive vehicles suffered their biggest monthly fall in almost two years as crude oil prices hit a record, figures show. And total vehicle sales fell to an eight-month low, while petrol prices in major capital cities ...
2008-06-22 10:28:00 -
U.S. housing rebound to be prolonged: Harvard study - Reuters
NEW YORK (Reuters) - Record foreclosures and limited access to credit will make it harder than usual to rebound from this U.S. housing market slump, the worst at least since World War Two, according to a Harvard University study on Monday. A two-year ...
2008-06-22 09:31:00 -
India gold futures up, supported by high crude, weak dollar - Reuters India
MUMBAI, June 23 (Reuters) - India's gold futures were higher on the Multi Commodity Exchange of India Ltd (MCX) on Monday, after opening with a gap, as overseas markets bounced on rising crude oil, analysts said. The metal may remain firm during the ...
2008-06-22 10:28:00 -
Asian shares fall as investors brace for more bad news - International Herald Tribune
HONG KONG : Asian stocks tumbled on Monday amid fears that more bad news could be lurking in the global financial sector, but oil prices held steady above $135 a barrel after Saudi Arabia said it was ready to increase output. Inflation remains a ...
2008-06-22 08:41:00 -
EU businesses fear interest rate rise - Financial Times
European companies are increasingly worried about the prospect of higher interest rates in the eurozone and believe an increase could choke off growth and strengthen the euro further against the dollar. The European Central Bank is considering ...
2008-06-22 03:33:00 -
Fed seen holding rates steady, eyeing prices - Boston Globe
WASHINGTON (Reuters) - The U.S. Federal Reserve is expected to hold interest rates steady at a meeting this week and suggest it is in no rush to raise them, even as it acknowledges some troubling signs on the inflation front. Surging oil prices and ...
2008-06-22 03:33:00 -
Inflation may prevent recession in Canada (Pravda Ru)
Canada’s consumer price inflation rose 2.2% year-over-year in May, edging ahead as the Bank of Canada signaled it would last week. The spike suggests Canada’s economy of is also sputtering alongside that of the United States, but soaring commodities costs just may help our northern neighbor skirt recession .
2008-06-22 10:54:51 -
Negotiation and Consolidation Help Eliminate Debt (Elk Grove Citizen)
(ARA) - For people with more than $10,000 worth of credit card debt, the first reaction is often to panic and the last resort is to declare bankruptcy. Between panic and bankruptcy, there are options with organizations that will help you renegotiate and consolidate debt.
2008-06-22 10:57:21 -
Dollar steady in Asia as traders eye Fed meet (The Economic Times)
The dollar was flat in Asian trade on Monday as dealers said they were betting the US Federal Reserve would hold interest rates steady at a meeting this week amid renewed jitters about the credit crunch.
2008-06-22 10:59:11 -
Making wind power sexy (Herald Journal)
For the past four years, Utah State University business professors Ed Stafford and Cathy Hartman have lived and breathed wind power. Now their efforts are about to pay off.
2008-06-22 10:59:22 -
Dexia Will Provide a $5 Billion Committed Standby Line of Credit to FSA's Financial Products Segment (Centre Daily Times)
Dexia SA and its subsidiary Financial Security Assurance Holdings Ltd., the holding company for Triple-A monoline bond insurer Financial Security Assurance Inc. (FSA), announced today that Dexia will provide a $5 billion committed, unsecured standby line of credit to the Company's Financial Products (FP) segment, which issues guaranteed investment contracts to municipal issuers and others ...
2008-06-22 10:59:31 -
Beleaguered government awaits its fate (Gulf Times)
NEW DELHI: The fate of India’s government, torn between saving itself or a nuclear pact with Washington, will likely be decided this week with the spectre of early polls looming, analysts and leaders say.
2008-06-22 10:59:47 -
The Motley Fool (Houston Chronicle)
Fixed-income funds focus on bonds. Bonds are sometimes referred to as "fixed-income" investments because most bonds have a fixed interest rate.
2008-06-22 11:00:35 -
Oil price fuels fresh row on Scots 'deficit' - Scotsman
SCOTLAND'S economy would have had a budget deficit of £2.7 billion last year – even with its "geographical share" of North Sea oil revenues, official figures have found. Without oil revenues the same Government Expenditure and Revenue Scotland ...
2008-06-21 03:56:00 -
Magazine: Corpus Christi 8th worst in U.S. to raise family - Corpus Christi Caller
If local moms and dads didn't have it tough enough, a new magazine report will not make them feel better this morning. Best Life magazine has charted the best places to raise a family in the United States. According to their article, Best Life looked ...
2008-06-21 03:46:00