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Found 9 records
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Gas price decline nears 40 cents
08/20/2008

Gas price decline nears 40 cents

Retail prices drop for 34th straight day to a national average of $3.717 a gallon, remaining over $4 in four states.
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Regulations affecting appraisers largely useless
08/17/2008

Regulations affecting appraisers largely useless

Lax enforcement has helped worsen current housing market crisis
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Home foreclosure filings up 55 percent in July
08/14/2008

Home foreclosure filings up 55 percent in July

Slump in housing forcing yet more borrowers to default on mortgages More info »



Oil sinks more than $4 as dollar rallies
08/08/2008

Oil sinks more than $4 as dollar rallies

Crude prices return to three-month lows on a slumping global economy and after disrupted supply from a pipeline attack in Turkey is rerouted.

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More pain at Fannie - $2.3 billion loss
08/08/2008

More pain at Fannie - $2.3 billion loss

Mortgage finance giant suffers much larger-than-expected loss due to reserves for credit losses and slashes its dividend to preserve capital.

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Citigroup Returning Billions To Investors
08/08/2008

Citigroup Returning Billions To Investors

Citigroup Inc. will buy back more than $7 billion in auction-rate securities and pay $100 million in fines as part of settlements with federal and state regulators announced Thursday.

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Statoil to stop investing in Iran
08/01/2008

Statoil to stop investing in Iran

State-controlled Norwegian oil and gas group StatoilHydro has agreed not to make any new investments in Iran.

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US jobless rate at four-year high
08/01/2008

US jobless rate at four-year high

The US unemployment rate climbed to 5.7% in July official figures show, its highest in more than four years.

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Carmaker GM loses another $15.5bn
08/01/2008

Carmaker GM loses another $15.5bn

General Motors has reported a three month net loss of $15.5bn (£7.8bn) as North American sales fell by 20%.

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