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Financial road trip:Money Bus stops in Manchester with free advice

Throughout the day, people stopped by with questions on current economic activity, whether to contribute to a Roth IRA instead of a 401(k), or if they should use a home equity loan to get through a recent job loss. Visitors to the Bus could pick up ...

Blip in U.S. housing sales is hardly a turnaround

WASHINGTON -- This we know: The U.S. housing slump will eventually bottom out. The rate of foreclosures will slow. Prices will rise again as vacant homes are scooped up. Home builders will get back to work. And the one-time engine of the world's most ...

Falling prices feared

Deflation fears last broke out in the United States in 2003, but the Federal Reserve defeated the menace with low interest rates that kept the economy growing. This time, the Fed is again being aggressive, dropping its target rate to 1 percent last ...

The Street should do the right thing. Dig a grave for those wretched ...

If we've learned anything in the past year, it's that we don't want to buy something we don't understand and/or is a layer or three removed from the underlying asset, whether it be stocks, commodities or home loans. Because of their complexity and ...

AbitibiBowater, TimberWest 'under review'

DBRS is concerned that substantial debt maturities and limited cash availability may adversely affect each company's ability to successfully refinance debt maturities in the next 12 months," it said in a report. DBRS said it expects to assess the ...

B.C. housing heads downhill

VANCOUVER — Canada's most expensive housing market is hitting a significant slump, with home sales numbers falling and prices declining, the British Columbia Real Estate Association said Wednesday. “The bull market in housing is over in British ...

Housing market ‘alarms' Merrill

Merrill Lynch & Co. economists are becoming more “alarmed” about the Canadian housing market every day as their data suggest it is tracking the United States with a two-year lag. Falling prices, overbuilding and too much unsold inventory in ...

CBS, Viacom shareholders in pain as Redstone feels the debt squeeze

Redstone told CNBC and The Wall Street Journal that the situation is under control and NAI is trying to refinance the loan, which is coming due in a couple of months. And his advisers claim the 85-year-old still has plenty of assets remaining in NAI ...

Whistler owner in last-minute race to refinance

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