Mortgage and Financial News From 2008-4-27 Page 3
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Fed likely to cut U.S. rates, could signal pause - Boston Globe
CHICAGO (Reuters) - The U.S. Federal Reserve is expected to put an exclamation point on its string of interest- rate cuts with a small reduction this week and may signal that its rate-cutting cycle is done for now. Rising global inflation and the Fed ...
2008-04-27 12:43:00 -
Businesses scurry for funds - Manila Times
LEILANI says she feels the pinch of rising prices. An executive secretary at an electronics manufacturer, she is worried her company will apply for an exemption or deferment of the impending wage hike because in her industry, labor costs account for ...
2008-04-27 06:38:00 -
Overview: Bond prices fall as nerves steady - Financial Times
Government bond prices continued their dramatic decline this week as investors increasingly took the view that the worst of the credit crisis was over while record-high oil prices heightened concerns about inflationary pressures. The dollar ...
2008-04-27 08:33:00 -
Deutsche Joins HSBC, JPMorgan in Postponing ECB Rate-Cut Calls - Bloomberg
April 26 (Bloomberg) -- Deutsche Bank AG, Germany's largest bank, joined HSBC Securities and JPMorgan Chase & Co. in pushing back its prediction for when the European Central Bank will start lowering interest rates. Deutsche, HSBC and JPMorgan ...
2008-04-26 01:53:00 -
ECB officials fret over money market tensions - Forbes
FRANKFURT, April 25 (Reuters) - Rising money market interest rates are neither normal nor appropriate, European Central Bank policymaker Christian Noyer said on Friday, in remarks partly echoed by his colleague Axel Weber. The ECB could not tolerate ...
2008-04-25 10:15:00 -
UPDATE: France's Lagarde: Gap Between Fed,ECB Rates Too Wide - Beurs.nl
PARIS -(Dow Jones)- The differential between central bank interest rates in the U.S. and the euro zone is 'a little too wide,' the French finance minister said Sunday. 'We are in a delicate situation today where on the one hand we have a Federal ...
2008-04-27 11:24:00 -
Economists Split on Whether India Will Raise Key Interest Rate - Bloomberg
April 28 (Bloomberg) -- Economists are divided on whether the Reserve Bank of India will raise interest rates to slow inflation after it ordered lenders to set aside more money two weeks ago to check prices. The monetary authority may leave its ...
2008-04-27 11:46:00 -
Microsoft results disappoint presses Yahoo attack - Washington Post
SEATTLE (Reuters) - Weak quarterly sales of Windows software and a below-target profit forecast for the current quarter overshadowed a strong outlook for the year ahead from Microsoft Corp (MSFT.O), driving its shares down 5 percent on Thursday. The ...
2008-04-24 04:14:00 -
Are banks just cashing in on their customers? - Edinburgh News
CAN you imagine working for a company which made a whopping £227 for every second that ticked past while you sat at your desk? Stretch that imagination even more and think of the firm’s bank balance come the end of the year showing it had made the ...
2008-04-25 05:53:00 -
Petrash: More economic prosperity predicted - Wichita Falls Times Record News
Last Wednesday, I attended the Streich Lecture Series held at Midwestern State University. Guest lecturer was Susan Combs, Texas comptroller of Public Accounts. Our Texas economy is going great guns and, with the price of oil, it should be. Her ...
2008-04-27 04:22:00 -
CASHING IN WITH OUR MONEY - Daily Express
BRITAIN’S high street banks handed out dividends worth £14billion to shareholders just weeks before going cap in hand to the taxpayer for cash. A study by the Sunday Express reveals that all five of Britain’s biggest banks have increased their ...
2008-04-27 08:33:00 -
March home sales lowest since 1999 - Arizona Daily Sun
The good news in the Flagstaff real estate market is the homes that are selling are keeping their value and staying on the market for slightly more than three months. The bad news is that not many homes are selling. One Realtor calls March 2008 the ...
2008-04-27 09:16:00 -
More real estate stories - San Francisco Gate
Monday First-Time Home-Buyer Seminar: Sponsored by Whitney Davis of Zephyr Real Estate and Tina Leonardi of Guarantee Mortgage, 6-7:30 p.m., Opera Plaza, 601 Van Ness Ave., Suite P, San Francisco, free, reservation... Q: I accidentally set my trash ...
2008-04-27 08:18:00 -
Forgiven debt still might haunt you as taxable income - Baltimore Sun
Bills are piling up to the point where you dread opening your mailbox. If only your creditors would forgive your debt. Sometimes, they will -- but even then your money troubles might not disappear. Canceled debt in many cases is considered income ...
2008-04-27 09:44:00 -
US smaller banks under funding pressure - Financial Times
Large US and European banks are raising so much capital to offset writedowns and loan losses that smaller institutions in the US may find it difficult to tap investors for the funds they need to survive, industry experts say. This could trigger ...
2008-04-27 11:03:00