Mortgage and Financial News From 2008-5-12 Page 2
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Long slump may follow crunch: JPMorgan CEO - Reuters
NEW YORK (Reuters) - JPMorgan Chase & Co (JPM.N: Quote , Profile , Research ) Chairman and Chief Executive Jamie Dimon on Monday told bank investors that while the current credit market crunch may soon be over, the U.S. economy could still face a ...
2008-05-12 11:35:00 -
Budget will be a good Labor one - Rudd - News.com.au
Budget will protect struggling people, says Rudd Expected surplus between $17bn and $22bn Budget 2008 : What we know so far TOMORROW'S Federal Budget will be a "good Labor" one, protecting struggling people as much as possible from the worst of the ...
2008-05-12 03:46:00 -
IndyMac posts loss, halts payments on securities - Forbes
NEW YORK (Reuters) - IndyMac Bancorp (nyse: IMBPR - news - people ) Inc, one of the largest independent U.S. mortgage lenders, posted a steeper-than-expected first-quarter loss Monday and said it would halt interest and dividend payments on some ...
2008-05-12 03:32:00 -
Work-for-dole program axed by Kevin Rudd's Government - News.com.au
It will also give single mothers more money and ease the penalties on unsuccessful job-seekers. The work-for-the-dole scheme is expected to be axed after welfare groups complained 60 per cent of participants were still unemployed after taking part in ...
2008-05-12 07:28:00 -
More drivers forced to cope with $4 gas - Los Angeles Times
Gasoline prices rose sharply across much of the nation over the last week, although California drivers got off relatively easy, the Energy Department said Monday. Oil prices took a rare step back Monday from their upward climb, but analysts warned ...
2008-05-12 08:11:00 -
Main Street Capital Announces First Quarter 2008 Financial Results (PrimeNewswire via Yahoo! Finance)
HOUSTON, May 12, 2008 -- Main Street Capital Corporation announced today its financial results for the first quarter ended March 31, 2008.
2008-05-12 04:30:51 -
HSBC attacked over sub-prime hit (Guardian Unlimited)
Business & money: Activist investor Knight Vinke criticises acquisitions as UK's biggest bank loses $5.8bn from credit crunch
2008-05-12 05:11:20 -
Advertisement starts (Tiscali)
test since he succeeded Tony Blair, without an election, in June. The result put the Conservative Party on track to win a landslide in a general poll, if voting patterns were repeated.
2008-05-12 05:34:23 -
Rudd's Honeymoon Faces Budget Test Led by Former Pal (Update1) (Bloomberg.com)
May 13 (Bloomberg) -- Kevin Rudd , Australia's most popular leader in a generation, is counting on a school mate to keep the economy rolling and his reputation untarnished.
2008-05-12 05:51:37 -
Treasurer says Australian annual budget 'tough but fair' (AP via Yahoo! Malaysia News)
Prime Minister Kevin Rudd's first annual proposed budget would invest in health, education and infrastructure while cutting back on spending in other areas to curb inflation, the treasurer said Tuesday.
2008-05-12 06:09:00 -
Vehicle sales still down (Daily Dispatch)
NEW vehicle sales are continuing to decline, but motor manufacturers are not concerned that the rising export of fully built up cars is keeping them afloat.
2008-05-12 06:14:19 -
Armed Standoff on I-190 in Buffalo (R News)
Police were involved in an armed standoff with a driver on Interstate 190 in Buffalo for several hours. Officers stopped traffic on both sides of the highway.
2008-05-12 06:25:36 -
RCSD Seeks to Revise Code of Conduct (R News)
It can be difficult to get the public's input on policy when only a dozen or so people show up. That was the turnout for a public hearing by the policy committee of the Rochester City School Board as it looks to revamp the district's code of conduct.
2008-05-12 07:25:35 -
Foreclosures taking a toll on the kids, too (Minneapolis-St. Paul Star Tribune)
St. Paul teen knows first-hand. She's rooting for a foreclosure bill, OK'd by U.S. House, to pass.
2008-05-12 08:10:38 -
Predict and avoid payment shock - News Shopper
AN INDEPENDENT mortgage broker is advising homeowners how to avoid being at risk of payment shock'. Llewellyn Pennant from the mortgage group Your Mortgages 1st, believes an increased number of mortgage payers are falling victim to what is known in ...
2008-05-12 04:33:00