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Santa May Get Sacked By Grumpy Consumer - Street.com
anyone paying attention to u.s. consumer is betting on a bleak holiday season. while inflation concerns of the spring and summer have abated, the troubled housing sector, unsteady stock market and swelling unemployment continue to batter americans ...
www.thestreet.com

South Africa's Inflation Eased To 13% In September From Record
oct. 29 (bloomberg) -- south african inflation slowed for the first time in more than a year in september, adding to expectations the central bank will leave the key interest rate unchanged at a five-year high for the rest of 2008.
www.bloomberg.com

Non-agency Mortgage Bonds Fall Amid Selling Concern (update2)
oct. 28 (bloomberg) -- subprime , alt-a and prime-jumbo mortgage securities fell this month as bond holders were forced to sell assets, driving some prices to record lows.
www.bloomberg.com

The Rise And Fall Of Hungary - Guardian Unlimited
hungary came to be regarded as one of the most prosperous emerging european countries after the fall of communism in 1989 - a far cry from its satirical description as the "happiest barrack" in the soviet bloc. it attracted a large influx of foreign ...
www.guardian.co.uk

Us Working On Plan To Help Homeowners Refinance - Seattle Times
the federal government is working on a loan-guarantee plan that could help many homeowners escape foreclosure, a banking regulator told congress thursday. at the same time former federal reserve chairman alan greenspan said the financial crisis will ...
seattletimes.nwsource.com

South Africa Inflation Rate Falls To 13% In September (update1)
oct. 29 (bloomberg) -- south african inflation slowed for the first time in more than a year in september, evidence the central bank won't raise rates further from a five-year high.
www.bloomberg.com

Shades Of Green: A Discount Mortgage Program Would Revive The Housing Market
on the outskirts of the san francisco bay area, the depth of the housing-market collapse is evident in foreclosed homes that sold for $500,000 two years ago and yet aren’t attracting buyers at a third of the cost.
www.marketwatch.com

Dollar Drops Most Since 1985 Before Fed's Decision On Rates - Bloomberg
oct. 29 (bloomberg) -- the dollar fell the most against the currencies of six major u.s. trading partners since 1985 as economists forecast that the federal reserve will cut the target lending rate by a half-percentage point today. the euro rose the ...
www.bloomberg.com

Fed Expected To Cut Interest Rates - Presstv
the us federal reserve is expected to cut interest rates in a bid to bolster its ailing economy in the face of a financial crisis. analysts expect the fed to cut rates by at least half a percentage point to 1 percent on wednesday, the lowest level ...
www.presstv.ir

Dollar Drops Most Since 1985 Before Fed's Decision On Rates
oct. 29 (bloomberg) -- the dollar fell the most against the currencies of six major u.s. trading partners since 1985 as economists forecast that the federal reserve will cut the target lending rate by a half-percentage point today.
www.bloomberg.com

Foreclosures Open Door To Disorder
among the many harsh lessons for mortgage lenders in the housing bust is this one about evictions: selling a house is far easier than taking it back. clever opportunists and struggling families have figured this out, too, and the result is a rapidly evolving free-for-all coursing through the washington region's worst foreclosure-racked suburbs.
www.washingtonpost.com

From The Editor : - Cricket365.com
as trinidad and tobago celebrate their us$280,000 winnings and middlesex lick their wounds and pocket a mere us$100,000, england continue to gear up for their fat-cash clash with the stanford superstars on saturday. going out on a typically english ...
www.cricket365.com

Lean Times, Tough Steps In Hungary - Wall Street Journal
budapest -- on wednesday, it was hungary's turn to take desperate measures. as the financial shock that began in the u.s. reached deeper into emerging markets, hungary's central bank took the dramatic step of raising interest rates by a steep three ...
online.wsj.com

Wbj Sits Down With Halina Wasilewska-trenkner, Member Of The Monetary Policy Council, To Talk About Interest Rates, ...
anna olejarczyk: finance minister, jacek rostowski has been quoted as saying that polish banks are immune from the global market troubles. are polish banks really immune?
www.wbj.pl

How We Got In The Mortgage Crisis
washington — each day from july through september, more than 2,700 americans lost their homes in foreclosure. that number, up from 1,200 a day a year ago, is a sign that the mortgage industry and government programs have done little to help troubled homeowners. the mortgage market’s troubles have proved to be far more serious and intractable than most in government or the private sector had ...
www.thestate.com

Greenspan, Head Of Government Rescue Program To Testify About ... - Chicago Tribune
washington (ap) _ lawmakers have called key players from the past and present to congressional hearings in an effort to find out what caused the biggest financial crisis since the 1930s and determine how the government plans to get the nation out of ...
www.chicagotribune.com

House Panel To Tackle Meltdown Reason, Remedy - Seattle Post Intelligencer
house oversight and government reform committee member rep. elijah cummings, d-md. asks questions of the panel during a hearing of the committee on capitol hill in washington, wednesday, oct. 22, 2008. (ap photo/lawrence jackson) washington ...
seattlepi.nwsource.com

Good Credit? Home Loans No Longer A Sure Thing
the new, dynamic landscape of mortgage lending today is a world in which even those with good credit are having trouble getting mortgages or the loan terms they want. buyers and properties are being forced to go through extra scrutiny.
www.usatoday.com

Mortgage Lending Seized Up In '07
mortgage lending in greater cincinnati and northern kentucky slowed by 20 percent in 2007 - a drop that foreshadowed the full-blown banking crisis that's still intensifying this year.
news.cincinnati.com

Boston Properties' 3q Numbers: Zuckerman Focuses Long-term - New York Observer
james hamilton. mort zuckerman's boston properties held its third-quarter investor call this morning. it was, as such events are these days, a somber affair. but, as far as reits go, boston properties has so far capitalized on the unstable markets ...
www.observer.com