Will a Gov't. Loan Modification Plan Work?

Any one thing you do is not going to be enough," said Alex Pollock, the former president of the Federal Home Loan Bank of Chicago and a resident scholar at the American Enterprise Institute. "You have to try different things and this is a reasonable ...

Japan's Nikkei Stock Index Jumps Almost 10 Percent

Passersby stop and take a look at an electric market board in Tokyo, Thursday Oct. 30, 2008. Asian stock markets rallied Thursday, led by a 12 percent jump in South Korea, after the U.S. Federal Reserve slashed interest rates to help revive the world ...

Another Key Interest Rate Cut Expected From Fed

Central banks around the world might act together to cut interest rates. The worst financial crisis in 70 years has forced the Federal Reserve to employ all the weapons in its arsenal — including cutting interest rates to near historic lows — to ...

Rocket Rally: Stocks Gain 900 Pts

Home prices dropped nearly 17 percent, according to the Case-Shiller survey of 20 of the nation's largest metropolitan areas. Whirlpool announced it would eliminate 5,000 jobs in 2009 due to the continuing downturn in the housing market. And not ...

In Financial Meltdown, Charities Take Hit, Too

... and many of them are pinched and unable to give," said Stacy Palmer, editor of the Chronicle of Philanthropy. "And then there are people that are very affluent who are unable to give because they've been hurt by the stock market losses, foreclosure ...

Interest rate cuts? Not on credit cards

The majority of credit cards on the market have variable, or floating, rates. Theoretically, that means that as the Federal Reserve lowers its federal funds rate — the latest cut took place this month — card holders should also see their ...

STPNS - Mantorville council determined to get levy increase under 5%, Kasson, Minnesota

Wednesday, October 22, 2008
SmallTownPapers News Service, WA -
The city would have several finance options for a new pumper. A representative from Custom Fire said financing could be as low as 4.89% or close to that. By delaying purchase of a new truck, the company rep said the city would not be able to save ...

Los Altos Town Crier - What is a short sale?

Wednesday, October 22, 2008
Los Altos Town Crier, CA -
By Cres McFall When a home has a mortgage balance larger than the current market value and the home is sold, the lender of that mortgage may accept a reduced payoff. That is a short sale. The mortgagee receives nothing from the sale because there is no equity, ...

Government Contracting and Small Businesses - washingtonpost.com

Wednesday, October 22, 2008
Washington Post, United States -
Washington Post government accountability reporter Carol D. Leonnig will be online Wednesday, Oct. 22 at 2 pm ET to discuss problems with the government's ...

ABC News: What's the Difference Between the Candidates' Health Care Plans?

Wednesday, October 22, 2008
ABC News -
By SUSAN WAGNER Forty-seven million Americans, most from working families, have no health insurance. With the fear of an economic recession looming, tens of millions of additional workers are worried about losing their health benefits if they lose or change jobs. ...

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