US Finance
« Previous Entries Next Entries »Mortgage rates fall below the 5 percent mark
Thursday, March 17th, 2011Mortgages rates have dipped below 5 percent again, four weeks before a government program that is helping keep rates low is scheduled to run out.
Banks shuttered in Fla., Ill., Md., Utah
Thursday, March 17th, 2011Regulators on Friday shuttered banks in Florida, Illinois, Maryland and Utah, boosting to 26 the number of bank failures in the U.S. so far this year following the 140 brought down in 2009 by mounting loan defaults and the recession.
FDIC’s Bair says low interest rates “appropriate”
Thursday, March 17th, 2011A low interest rate policy is “clearly appropriate” due to the still struggling economy, a top U.S. bank regulator said on Monday, while also expressing frustration that banks are not doing enough to get credit flowing.
Google millionaires spreading their wealth
Thursday, March 17th, 2011Angel-watchers say the Google group has more in common than just pedigree. Unlike many venture capitalists, the Googlers like to swap investment ideas and back startups together. They’re also willing to take big chances.
European stocks edge ahead as investors await data
Thursday, March 17th, 2011Europe’s leading stock markets nudged higher on Wednesday as traders awaited key US economic data and assessed the latest batch of company results.
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