Mortgage and Financial News From 2008-7-3 Page 9
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Personal Finance Daily: Nest egg is security for tomorrow not salve for today (Market Watch)
When times are good, there is no end of bad guys wanting to separate you from your money, which presumably is growing so that it makes a tempting target. When times are bad, those same bad guys are all still out there trying to pry away your dwindling cash in any manner they can. But in bad times, like those we are in now, the scam meisters and fraud perpetrators are joined by an even more ...
2008-07-03 10:24:49 -
Dallas Lawyers Representing Ex-Enron Executive in High Profile Case (PR Newswire via Yahoo! Finance)
Ed Tomko, a name partner in the law firm of Curran Tomko Tarski of Dallas is representing Rex Shelby, a former Enron Internet executive.
2008-07-03 11:01:00 -
AG hopeful promises consumer protection policies (The Kansas City Star)
JEFFERSON CITY | Democratic Attorney General candidate Margaret Donnelly rolled out several policy proposals in a press conference here this morning.
2008-07-03 11:51:23 -
UPDATE 5-ECB raises rates, Trichet open on future moves - Reuters
* ECB raises rates by 25 bps to 4.25 pct, as expected * Trichet says no policy bias, new interest rates contribute to price stability * Euro weakens versus dollar, short-dated Bund prices surge after Trichet perceived as dovish By Marc Jones ...
2008-07-03 09:15:00 -
ECB raises interest rates to 4.25% - Guardian Unlimited
The European Central Bank today defied political pressure and raised the cost of borrowing across the 15-nation eurozone. Despite growing evidence of economic slowdown in several European countries, the ECB showed its determination to fight inflation ...
2008-07-03 04:43:00 -
ECB raises interest rates as growth slows - Daily Telegraph
The European Central Bank has raised interest rates to a seven-year high to fight inflation even as economic growth cools. The ECB's Governing Council increased its key lending rate by a quarter point to 4.25pc in a move expected by all but one of 58 ...
2008-07-03 05:12:00 -
Wall Street set for bumpy ride - CNN Money
NEW YORKÂ (CNNMoney.com) -- Stock futures fell early Thursday as investors contemplated a new high for oil prices and awaited a key jobs report and a decision on interest rates in Europe. At 7:06 a.m. ET, Nasdaq and S&P futures were lower and ...
2008-07-03 05:26:00 -
U.S. Stocks Rise After Jobs Report Eases Rate-Hike Concern - Bloomberg
July 3 (Bloomberg) -- U.S. stocks climbed, paring a fifth week of losses for the Standard & Poor's 500 Index, after a drop in jobs and a contraction in service industries bolstered speculation the Federal Reserve won't raise interest rates. The ...
2008-07-03 09:29:00 -
Trichet Adopts Greenspan Policy as ECB Attacks Prices (Update2) - Bloomberg
July 3 (Bloomberg) -- European Central Bank President Jean- Claude Trichet may be taking a leaf from former Federal Reserve Chairman Alan Greenspan 's playbook. The ECB raised interest rates for the first time in more than a year today to stem ...
2008-07-03 04:43:00 -
ECB hikes rates to highest level in nearly 7 years (Reuters.co.uk)
FRANKFURT (Reuters) - The European Central Bank raised interest rates to their highest level in nearly seven years on Thursday, but dimmed the prospect of further moves, as euro zone growth looks set to falter despite soaring inflation.
2008-07-03 10:33:59 -
Fireworks for the dollar (CNNMoney.com via Yahoo! Finance)
It's appropriate, as we head into a long holiday weekend to celebrate America's independence, that the dollar rallied a bit Thursday.
2008-07-03 10:34:00 -
Treasury prices mixed as rate hike seems uncertain (San Francisco Chronicle)
Treasury bond prices were mixed Thursday after reports showed that the economy lost jobs for the sixth straight month and that the services sector contracted in June. Reports from the Labor Department and the Institute for Supply Management indicated that the...
2008-07-03 10:35:09 -
Inflation threat: what you should do now (Everett Herald)
We've all been so focused on whether we are officially in a recession that we may not have paid enough attention to the creeping threat of inflation. But a period of rising prices is equally threatening to your financial well-being.
2008-07-03 10:36:21 -
Second deer found dead at West Campus (The Pekin Daily Times)
Times staff writer PEKIN - The story of the escape of a deer from the former West Campus thrilled many Pekin residents last week, but another deer that entered the building with the escapee was not quite as lucky.
2008-07-03 10:36:22 -
Rates On 30-Year Mortgages Drop To 6.35 Percent (WCBS-TV New York)
Rates on 30-year mortgages, which had been rising for five straight weeks, posted a decline this week as signals from the Federal Reserve eased worries about imminent rate increases.
2008-07-03 10:37:09