The takeover of Fannie Mae and Freddie Mac reinforced concerns about troubles of the American economy and highlighted its significant reliance on foreign investors, particularly in Asia.
The takeover of Fannie Mae and Freddie Mac reinforced concerns about troubles of the American economy and highlighted its significant reliance on foreign investors, particularly in Asia.
When you have some extra cash padding your wallet, do you reach for the latest jeans or the sleekest new music player? Much of that decision, it seems, depends on where you live.
If there’s a silver lining to bear markets, it is that they make stocks cheap for the next wave of investors. But so far in this downturn, it isn’t working out that way.
Faith Popcorn, the trend-spotter, personifies the trends she’s spotting these days.
As banks tighten lending standards, alternative sources are stepping into the breach, organizing and processing loans among family, friends and business associates.
Silver State Bank is the 11th failure this year of a federally insured bank.
Downey has been racked by the mortgage crisis and federal regulators ordered it to shore up its finances and provide a detailed plan to reduce its assets and strengthen management.
For the first time in more than a decade, consumers in much of Europe are buying less than they did a year earlier, helping to slow economies that may have fallen into recession.
Russia’s stock market is suffering its worst correction in nearly a decade as sliding oil prices, political attacks on private companies and instability after last month’s war in Georgia spook investors.