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Financial News
Last release: Wed, 09 Sep 2009 15:53:01 GMT
Wells Fargo mortgage modifications jump 64 percent (AP)
Wed, 09 Sep 2009 15:53:01 GMT
Rep Frank to pursue mortgage bankruptcy bill (Reuters)
Wed, 09 Sep 2009 15:21:31 GMT
Obama's mortgage relief program gaining traction (AP)
Wed, 09 Sep 2009 14:40:09 GMT
Home loan demand at 3-month high (Reuters)
Wed, 09 Sep 2009 13:26:50 GMT
Fed: consumers cut debt by record $21.6B in July (AP)
Tue, 08 Sep 2009 22:28:30 GMT
US consumer credit in record plunge (AFP)
Tue, 08 Sep 2009 21:35:59 GMT
July consumer credit falls a record $21.6 billion (Reuters)
Tue, 08 Sep 2009 20:18:11 GMT
AIG interviewing banks on Alico IPO: sources (Reuters)
Tue, 08 Sep 2009 18:47:27 GMT
MELTDOWN FLASHBACK: Sunday, Sept. 7, 2008 (AP)
Sun, 06 Sep 2009 17:36:58 GMT
Mortgage giants struggle a year after takeover (AP)
Fri, 04 Sep 2009 21:34:11 GMT
FHA says won't need congressional support (Reuters)
Fri, 04 Sep 2009 18:16:24 GMT
401k plan contributions limits may fall (AP)
Fri, 04 Sep 2009 16:14:38 GMT
401k contribution limits face potential fall (AP)
Fri, 04 Sep 2009 16:09:37 GMT
Fannie Mae meets price listing standard (AP)
Fri, 04 Sep 2009 16:06:32 GMT
Outsider Ron Paul finds support for Fed audit (Reuters)
Fri, 04 Sep 2009 14:10:19 GMT
Mortgage rates edge down, still above record lows (AP)
Thu, 03 Sep 2009 16:24:17 GMT
Capmark in Berkshire asset deal, may go bankrupt (Reuters)
Wed, 02 Sep 2009 22:26:07 GMT
Schering-Plough loses $473 million tax dispute (AP)
Wed, 02 Sep 2009 16:05:34 GMT
Industry group proposes replacing Fannie, Freddie (AP)
Wed, 02 Sep 2009 14:34:19 GMT
Mortgage bankers group urges Fannie, Freddie changes (Reuters)
Wed, 02 Sep 2009 12:13:58 GMT
Europe Business & Economy
Last release: Wed, 09 Sep 2009 17:14:27 GMT

London stocks close above 5,000 points (AFP)
AFP - Stocks in London ended on a robust note Wednesday as the FTSE 100 closed above...

Italy hosts conference on violence against women (AP)
AP - The global economic downturn may be leading to increased violence against women worldwide, both by pushing them into unsafe jobs and by raising tensions within their families, U.N. officials said Wednesday. ...

FTSE tops 5,000 points, best since October (AFP)
AFP - London's benchmark FTSE 100 index of leading shares climbed above 5,000 points for the first...

European stocks rebound as Wall Street flounders (AP)
AP - European stocks recovered from early losses Wednesday, helped by a surge in auto stocks, although Wall Street was unable to find...

Mixed EU data points to uncertain recovery (AFP)
AFP - Mixed German data highlighted concerns over a potentially fragile recovery in Europe's biggest economy on...

German exports up 2.3 pct in July (AP)
AP - German exports were up 2.3 percent on the month in July, showing their third consecutive monthly...

European stocks extend gains on mergers and miners (AFP)
AFP - Europe's main stock markets extended gains on Tuesday, boosted by fresh merger activity and advances for heavyweight...

European stocks rise at open (AFP)
AFP - Europe's main stock markets extended gains at the opening of trade on Tuesday, with London's benchmark FTSE 100 index up 0.23 percent to 4,944.56 points. ...

OPEC not likely to cut output at Vienna meeting (AP)
AP - With oil prices about where OPEC wants them and a modest economic upturn in the offing, the oil cartel isn't likely to tighten the taps when its leaders meet this week in Vienna. ...

Top EU official calls for stricter Afghan aid rules (AFP)
AFP - There must be stricter rules on financial aid to Afghanistan linked to the future...

IMF chief welcomes EU boost ahead of G20 meeting (AFP/IMF/Ho/File)
AFP/IMF/Ho/File - IMF chief Dominique Strauss-Kahn welcomed the European Union's announcement this week on raising the bloc's...

EU summit on Sept 17 to prepare for G20 meet: Swedish PM (AFP)
AFP - EU leaders will meet on September 17, seeking to overcome differences on curbing bankers' bonuses ahead of G20 talks on the global economic crisis, Sweden's prime minister announced Friday. ...

US Economy
Last release: Wed, 09 Sep 2009 16:52:48 GMT

Pittsburgh mayor: excited and ready to host G-20 (AP)
AP - Pittsburgh mayor Luke Ravenstahl came to the nation's capital Wednesday to tout his city's readiness to host the upcoming G-20 economic summit — and was interrupted by protesters...

Home loan demand at 3-month high (Reuters)
Reuters - U.S. mortgage applications surged last week to their highest since late May as consumers sought to take advantage of the lowest interest...

Bernanke's back but Obama can still shape Fed (Reuters)
Reuters - President Barack Obama will be able to put his stamp on the Federal Reserve with appointments for perhaps as many as four seats on the central bank's board in coming months, even though he emphasized continuity...

Greenspan says further financial crisis 'inevitable' (AFP)
AFP - Former Federal Reserve chief Alan Greenspan said human nature made another global...

Another financial crisis inevitable: Greenspan (Reuters)
Reuters - Another global financial crisis is inevitable because human nature always reverts to "speculative excesses" during a period...

Questions, answers on requiring health insurance (AP)
AP - Should the federal government require virtually all Americans to be insured or face thousands of dollars in fines? Proponents say this requirement is crucial to extending coverage and reining in costs as Massachusetts has done. Critics say it would impose an unfair...

Fed: consumers cut debt by record $21.6B in July (AP)
AP - Consumers slashed their borrowing in July by the largest amount on record as job losses and uncertainty...

The Dow Jones industrials' moves since Lehman fall (AP)
AP - How far the Dow Jones industrial average has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept. 15. Since Lehman's fall, which touched off a paralysis of the credit markets and deepened the recession, the stock market has gone through an extended period of volatility before kicking into a big rally starting...

US consumer credit in record plunge (AFP)
AFP - US consumer credit posted a record plunge in July, the sixth monthly decline, as Americans bridled spending amid rising...


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