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11141. JPMorgan Chase profit falls 53%, beats expectations (permalink)
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score: 2, Economy, 2008-07-17 17:00:51, published by USA Today
JPMorgan Chase reported a 53% profit decline Thursday as defaults rose in mortgages and other loans, but the bank's results were ... [additional details]
11142. Write-downs hit JP Morgan profit (permalink)
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score: 2, Economy, 2008-07-17 17:00:33, published by BBC
JP Morgan Chase sees profits in the second three months of 2008 fall, partly because of mortgage-related write-downs. [additional details]
11143. FBI 'probes US mortgage lender' (permalink)
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score: 2, Economy, 2008-07-17 14:00:34, published by BBC
Failed US mortgage lender IndyMac Bank is reportedly being investigated by US officials over suspected fraud. [additional details]
11144. Slowing exports curb China growth (permalink)
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score: 2, Economy, 2008-07-17 10:00:07, published by BBC
China's economy grew 10.1% over the past three months to June, a fall from 10.6% over the previous quarter. [additional details]
11145. US mortgage firms safe, says Fed (permalink)
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score: 2, Economy, 2008-07-16 20:00:36, published by BBC
US mortgage firms Fannie Mae and Freddie Mac are not at risk of collapse, Federal Reserve boss Ben Bernanke insists. [additional details]
11146. Bernanke gloomy on housing, economy (permalink)
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score: 2, Economy, 2008-07-15 19:00:44, published by CNN
A 16-year-old Canadian prisoner weeps and buries his face in his hands in an interrogation video that provides the first public look at such an interview at the U.S. prison camp at Guantanamo Bay, Cuba. [additional details]
11147. Bernanke gloomy on economy (permalink)
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score: 2, Economy, 2008-07-15 19:00:41, published by CNN
The housing finance crisis and spiraling energy costs will remain a drag on the U.S. economy for the rest of the year, Federal Reserve Chairman Ben Bernanke told lawmakers in a gloomy presentation about the economic outlook. [additional details]
11148. Bush prods Congress to pass bills to aid mortgage giants (permalink)
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score: 2, Economy, 2008-07-15 18:01:02, published by USA Today
President Bush is calling on Congress to move quickly to put into force legislation designed to help prop up mortgage giants ... [additional details]
11149. Fed boss warns of growth 'risks' (permalink)
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score: 2, Economy, 2008-07-15 18:00:06, published by BBC
US Federal Reserve boss Ben Bernanke warns there are still "downside risks" to growth in the world's largest economy. [additional details]
11150. Gloom hangs over Wall Street (permalink)
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score: 2, Economy, 2008-07-15 14:00:38, published by CNN
Stock futures tumbled early today as deepening concerns about the bank sector dragged on the dollar and sent overseas markets sharply lower. CNNMoney.com reports investors may look for clues about the economy in comments this morning from Fed chief Ben Bernanke. He's due to give his semi-annual test... [additional details]
11151. US concerns prompt market falls (permalink)
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score: 2, Economy, 2008-07-15 13:00:07, published by BBC
World shares tumble on mounting investor concerns about the health of the US economy. [additional details]
11152. Stocks inch higher on rescue plan (permalink)
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score: 2, Economy, 2008-07-14 18:00:42, published by CNN
Stocks posted slim gains this morning as investors welcomed the government's plan to rescue Fannie Mae and Freddie Mac, but remained wary about the outlook for the economy amid the credit crisis. Stocks tumbled last week, but found a little traction late Friday on talk that the Federal Reserve would... [additional details]
11153. Fed struggle with mortgage rules (permalink)
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score: 2, Economy, 2008-07-14 17:00:41, published by CNN
The Federal Reserve is caught in a tug-of-war as it prepares on Monday to unveil final rules overhauling mortgage lending. [additional details]
11154. Stocks set to rally on rescue plan (permalink)
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score: 2, Economy, 2008-07-14 17:00:38, published by CNN
Stock futures climbed this morning, lifted by a government plan to bolster ailing mortgage giants Fannie Mae and Freddie Mac. Stocks tumbled last week on fears the U.S. government-sponsored mortgage firms would collapse, but investors appeared soothed by a rescue plan to shore up the firms. [additional details]
11155. Mortgage makers (permalink)
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score: 2, Economy, 2008-07-14 17:00:22, published by BBC
The importance of being Freddie and Fannie [additional details]
11156. Feds plan to rescue Fannie Mae, Freddie Mac (permalink)
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score: 2, Economy, 2008-07-14 02:00:40, published by CNN
The Treasury Department and Federal Reserve on Sunday outlined a comprehensive government plan to prop up Fannie Mae and Freddie Mac, the two mortgage finance giants that play a crucial role in the U.S. economy. The two companies own or back $5 trillion in home mortgages. [additional details]
11157. US moves to support lending firms (permalink)
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score: 2, Economy, 2008-07-14 02:00:05, published by BBC
The US government announces sweeping measures to shore up troubled mortgage lenders Freddie Mac and Fannie Mae. [additional details]
11158. Fed expected to tighten lending rules (permalink)
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score: 2, Economy, 2008-07-13 20:00:40, published by CNN
The Federal Reserve is expected to overhaul lending rules on Monday in an effort to prevent another mortgage crisis. With the changes, the Fed is attempting to answer critics who charge the agency could have flexed its muscles several years ago, clamping down on unscrupulous lenders during the real ... [additional details]
11159. Fannie Mae, Freddie Mac's $5 trillion mess (permalink)
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score: 2, Economy, 2008-07-13 10:00:37, published by CNN
Fannie Mae and Freddie Mac own or guarantee $5 trillion worth of mortgages, nearly half of all the country's outstanding home loan debt. Now, both companies are teetering on financial ruin. How could the companies end up in such awful straits? Given the way they were created and run, a better questi... [additional details]
11160. Argentines 'forging Italian passports' (permalink)
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score: 2, Economy, 2008-07-13 07:00:12, published by BBC
The authorities in Argentina say they have uncovered a multi-million dollar operation in forged Italian passports. [additional details]
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