Mortgage and Financial News From 2008-5-4 Page 3
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Asian stocks hit 4-month highs, cheered by US data (Philippine Daily Inquirer)
SINGAPORE -- Asian stocks rose to their strongest in nearly four months Monday and the dollar held on to most of last week's gains after jobs data suggested the US economic slowdown may not be as severe as investors had expected.
2008-05-04 09:13:42 -
Asian stocks rise on U.S. jobs data (International Herald Tribune)
Data showing the world's largest economy shed jobs at a slower pace than expected eased concerns about the risk of a deep recession.
2008-05-04 09:20:54 -
Fed unveils plan to ban excessive credit-card fees - Columbus Dispatch
WASHINGTON -- Federal bank regulators yesterday proposed a new set of rules to make it more difficult for credit-card companies to raise rates arbitrarily, conceal high penalty fees or engage in other practices that hurt consumers. If enacted, the ...
2008-05-03 04:58:00 -
Oil sands giant says ‘sorry' for dead ducks - Globe and Mail
The apology is good enough. I remember when Paul Martin apologised for Adscam--he was really, really very deeply sorry, if I recall. We, as a nation, forgave him and the LPC. Yeah, right ... we'll put nets over the ponds so the birds can't land there ...
2008-05-02 05:59:00 -
Laws concerning nursing home stays are changing - Courier-Post
Two new laws will go into effect this year concerning a healthier spouse's right to receive assets and support from the institutionalized spouse when long-term care is required. These important Medicaid laws will help prevent the healthier spouse ...
2008-05-03 11:56:00 -
Strategies to get into the property market - News.com.au
Start saving early and make it a habit Work out a plan and have something concrete to work towards Calculator : Work out how much you can save DAUNTING as it may feel when put to the task, saving enough money to buy a first home is the best financial ...
2008-05-04 05:50:00 -
Iran Must Finally Pay a Price - Wall Street Journal
We tell the Iranians that the military option is "on the table." But three decades of playing cat-and-mouse with American power have emboldened Iran's rulers. We have played by their rules, and always came up second best. Next door, in Iraq, Iranians ...
2008-05-04 07:44:00 -
Onward Tory soldiers - Times Online
It was shortly before midnight on Friday and Boris Johnson’s children were up well past their bedtime. However, this was a moment none of them will forget. The grey-faced returning officer Anthony Mayer was about to read out the results of the ...
2008-05-04 02:37:00 -
Credit crunch fails to produce the feared economic catastrophe - Times Online
So the sky did not fall in. While the Chicken Littles of the world economy, led by Gordon Brown, George Soros and Warren Buffett, may still repeat mechanically the IMF's surprising judgment that the world - especially America - faces its worst ...
2008-05-04 01:54:00 -
Brown struggles to reassert authority - Financial Times
It is possibly the worst crisis to beset a premiership since 1992 when John Major -battled with the critics in his own party against the backdrop of a waning economy. But as Gordon Brown grapples with eerily similar difficulties, the words of the ...
2008-05-04 06:54:00 -
Buffett buys subprime mortgages, freezes resets - Marketwatch
OMAHA, Neb. (MarketWatch) -- Berkshire Hathaway has bought portfolios of subprime mortgages and has frozen resets that were due to send the interest rate on those home loans higher, Chairman Warren Buffett said on Sunday. Clayton Homes, which makes ...
2008-05-04 04:31:00 -
Federal Budget: - News.com.au
The Prime Minister yesterday said the money would be used to build up to 35 six-bed supported accommodation facilities for people with disabilities. The money is on top of $900 million in extra disability funding promised by the previous government ...
2008-05-04 02:51:00 -
Turnbull doesn't feel your pain, says Swan - News.com.au
Treasurer Wayne Swan says Opposition out of touch Says Turnbull does not understand families' hardships RBA to make interest rates decision tomorrow FEDERAL Treasurer Wayne Swan has said the Opposition has no idea how hard some families are finding ...
2008-05-04 07:09:00 -
Chidambaram Says India May Extend Futures Ban to Ease Inflation (Bloomberg.com)
May 5 (Bloomberg) -- India may have to suspend trading in more food futures as political pressure grows for action to tame inflation, Finance Minister Palaniappan Chidambaram said.
2008-05-04 12:51:37 -
Embattled Brown to bin rubbish tax in bid to win back Britain (Evening Standard)
Gordon Brown has ditched Labour plans to burden families with taxes on their rubbish as part of a summer fightback to save his leadership. He vetoed a national pay-as-you-throw scheme in a round of consumer-friendly measures designed to win back the trust of middle class voters.
2008-05-04 03:37:41