Mortgage and Financial News From 2008-1-18 Page 28

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  • Renew those resolutions (Wisconsin State Journal)

    New Year 's resolutions sometimes fade faster than a champagne hangover. We vowed to learn Spanish ... but never got past "Feliz Navidad y Prospero Ano Nuevo. " We meant to spend less ... but those post-holiday sales were such good deals. We started to save fruit and veggie scraps for composting ... but they stunk up the kitchen. We, the irresolute, are not alone. FranklinCovey 's third annual ...
    2008-01-18 02:37:06

  • New York Panel Rethinks Securities Oversight (NYTimes.com via Yahoo! Finance)

    A commission assembled revise New York State’s financial regulations recommended having one regulator oversee the securities industry, instead of the current four.
    2008-01-18 02:41:02

  • Fed official predicts weak '08 growth

    CNN Money - Jeffrey Lacker said that further interest rate cuts are possible, but rising inflation also threatens the economy as the prices of food and oil keep rising. Consumer spending started to slow at the end of 2007 and could be further dampened this year ...
    2008-01-18 11:40:00

  • banks charge 12,670% annual interest rate. 9 Minutes ago Karma: 0

    Daily Herald - Why are some people against pay day lenders? They provide a needed service to peiople who happen to be overdrawn. If I happen to wrire a check for $2.00 and only happen to have $1.00 in the bank, the bank hits me with a $35.00 charge. Now according ...
    2008-01-18 11:54:00

  • Mexico Peso, Bonds Rise Before Central Bank Rate Policy Meeting

    Bloomberg - Banco de Mexico is scheduled to announce its interest-rate decision today at 10 a.m. New York time. To contact the reporter on this story: Valerie Rota in Mexico City at vrota1@bloomberg.net . Last Updated: January 18 ...
    2008-01-18 06:47:00

  • FED FOCUS-Fed puts up united front to rescue weak economy

    Reuters - NEW YORK, Jan 18 (Reuters) - The cacophony of views from top Federal Reserve policy-makers has quieted and converged toward Fed Chairman Ben Bernanke's message that a worsening economic outlook will require aggressive interest rate cuts. Surprisingly ...
    2008-01-18 11:40:00

  • Fed's Lacker More `Willing' to Consider Rate Cuts (Update2)

    Bloomberg - Jan. 18 (Bloomberg) -- Federal Reserve Bank of Richmond President Jeffrey Lacker said evidence of a recent slowdown in the U.S. economy has made him more ``willing'' to consider additional interest-rate cuts. ``I always stand ready to cut rates when ...
    2008-01-18 07:08:00

  • Retail therapy a key driver for interest rate rise

    News.com.au - AUSTRALIA'S love affair with retail therapy - the national pastime of shopping 'til you drop - is a key driver behind the increasing possibility interest rates will jump to 7 per cent next month. Despite turmoil on global financial markets, the ...
    2008-01-18 06:04:00

  • Weak retail sales open door for rate cut

    International Herald Tribune - LONDON : Retail sales unexpectedly fell in December, despite heavy discounting, with a slowdown on the high street striking at the busiest period for retailers and opening the door for an interest rate cut next month. The pound fell and interest rate ...
    2008-01-18 08:34:00

  • Rate cut calls grow louder as retail sales drop

    Financial Times - The extent of the slowdown on the high street was underlined by a new report on Friday which will hasten calls for a cut at next month’s interest rate setting meeting. Figures from the Office for National Statistics showed retail sales fell ...
    2008-01-18 11:04:00

  • UPDATE 1-Mexico holds key rate steady, prices still concern

    Reuters - MEXICO CITY, Jan 18 (Reuters) - Mexico's central bank held its key overnight interest rate steady at 7.50 percent at its monthly review on Friday after inflation came within its target range last year. It said it remains vigilant to the ...
    2008-01-18 07:30:00

  • European Bonds Gain for Third Week on View ECB Won't Lift Rate

    Bloomberg - Jan. 18 (Bloomberg) -- European government bonds posted their third weekly gain on speculation the U.S. economic slowdown will crimp growth in the $10.5 billion euro-region, making it less likely the European Central Bank will raise interest rates ...
    2008-01-18 09:10:00

  • Atlas Energy Resources, LLC Announces Sale of Senior Notes and ...

    MSN MoneyCentral - By using the proceeds of the note offering to reduce the balance outstanding on its senior secured credit facility, Atlas Energy will benefit from a reduction of 75 basis points in the interest rate on the remaining $500 million outstanding on ...
    2008-01-18 07:15:00

  • Mexico's Peso, Bonds Rise as Central Bank Holds Benchmark Rate

    Bloomberg - Interest-rate futures show 50 percent odds that Fed policy makers will cut their key rate by 0.75 percentage point to 3.5 percent when they meet on Jan. 30. Traders see a 100 percent likelihood of a half- point cut at the meeting. A 75 ...
    2008-01-18 10:14:00

  • US RATE FUTURES-Barely stirred by U Mich jump

    Reuters - CHICAGO, Jan 18 (Reuters) - U.S. short-term interest rate remained higher on Friday, faltering only momentarily when a key measure of consumer sentiment for January was reported to be higher than expected. Futures fully price a 50 basis point rate ...
    2008-01-18 09:53:00

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