Mortgage and Financial News From 2008-4-16 Page 5
Previous Day: 2008-04-15
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Economist: Govts should not take on private debt (Mail and Guardian)
If governments take on private-sector debt created during the subprime crisis, the poor will be hardest hit, economist Iraj Abedian said in Cape Town on Tuesday. "Heaven help us if it happens in developing countries," he told a discussion on the global economic meltdown.
2008-04-15 11:04:09 -
Utah unemployment rise no need to panic (The Salt Lake Tribune)
Utah's unemployment rate rose to 3.3 percent in March, the highest level in more than two years, a new report shows. The share of unemployed Utahns, however, remains significantly lower than the national average of 5.
2008-04-15 11:14:27 -
Reuters Business Summary (Reuters via Yahoo! Singapore News)
Merrill Lynch to write down further $6-8 bln: report
2008-04-15 11:16:36 -
Foreclosures Push States to Try a Mix of Solutions (NYTimes.com via Yahoo! Finance)
States are experimenting with a broad range of solutions to the foreclosure crisis, resulting in a changing patchwork of local approaches.
2008-04-15 11:40:02 -
Big Tax Breaks for Businesses in Housing Bill (NYTimes.com via Yahoo! Finance)
Critics say the housing relief bill is adding up to a bailout for big businesses, as the legislation includes billions of dollars in tax breaks for automakers and airlines.
2008-04-15 11:40:07 -
Earnings Watch: Updates, advisories and surprises (Market Watch)
A roundup of the latest corporate earnings reports and what companies are saying about future quarters.
2008-04-15 11:47:42