Mortgage and Financial News From 2008-3-15 Page 2
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On state's chopping block: your tax breaks (Long Beach Press-Telegram)
SACRAMENTO - Winning a California lottery jackpot won't force you into a higher state income tax bracket, but if you strike it rich at the horse track or casino the state taxman will want a cut.
2008-03-15 10:48:05 -
Housing woes cited for recession (The Times of Northwest Indiana)
Housing and home mortgage sector factors that can be traced back to 2006 are leading causes of the nationwide economic downturn, some economists say.
2008-03-15 10:48:48 -
Possible layoffs hurt educators' family plans, pocketbooks (North County Times)
NORTH COUNTY ---- Hundreds of North County teachers have put their lives on hold ---- no new cars, no family vacations, no dinners out on weekends ---- with the news they may not have jobs to return to in the fall.
2008-03-15 10:51:25 -
Pensacola service helps people keep their homes (Pensacola News Journal)
For many people, the Consumer Credit Counseling Service of West Florida is one small oasis of financial hope, specializing in helping people keep their homes and avoid foreclosure.
2008-03-15 10:54:35 -
Troubles on Wall Street are trickling down to MAIN STREET, CAUSING STATE PROJECTS THAT RELY ON THE SALE OF BONDS TO BE ... (New Orleans Times-Picayune)
In the dark days of December 2005, when the state of Louisiana pledged that it would have the Superdome ready for the exiled Saints to come home by fall 2006, Doug Thornton confronted a financing riddle that many said couldn't be solved.
2008-03-15 10:55:34 -
Economic stimulus impact uncertain, but officials say local economy holds its own amid gloomy media reports (The Times and Democrat)
Contrary to what they describe as the national "media hype," Realtors and home builders say the local economy is relatively steady and not characteristic of all the gloom and doom heard on a daily basis.
2008-03-15 10:55:48 -
Hallmarks of a "hit job" ordered from the very top: Forget Spitzer ...
Stockhouse Canada - Spitzer was deeply unpopular in the corridors of power, and especially with the current Treasury Secretary Hank Paulson ... Lend at extremely high interest rates to avoid the facility being used willy-nilly by greedy bankers.
2008-03-15 05:23:00 -
JGBs dip, but economy worries keep drop limited
Guardian Unlimited - ... believe that whoever takes the helm of the BOJ will do so at a time when expectations are leaning towards interest rates going ... and its allies in parliament's upper house, where they have a majority, voted down the government's candidate, current ...
2008-03-13 09:00:00 -
Vietnam to take drastic measures to curb inflation
Xinhua News Agency - ... term deposits of below 12 months in Vietnamese dong or foreign currencies is set to increase to 11 percent from current ... To stabilize the local monetary market, the SBV has required commercial banks not to offer interest rates of more than 12 ...
2008-03-13 09:08:00 -
Retail sales post worse-than-expected showing in February
New York Daily News - ... the bind the Federal Reserve faces at the current time as it must deal with the twin threats of a sluggish economy and higher inflation. Analysts expect that the Fed will continue to emphasize its battle against recession and cut interest rates ...
2008-03-12 05:55:00 -
Thompson Creek announces 2007 financial results
Forbes - TORONTO, March 13 /PRNewswire-FirstCall/ - Overview (all in U.S. dollars): - Revenues were $197.8 million in the fourth quarter and $914.4 million in 2007. - Net income was $28.9 million or $0.25 per basic and $0.22 per diluted share in the fourth ...
2008-03-13 10:48:00 -
Gold prices hit $1,000 milestone
CNN Money - Interest rate cuts. Many economists expect the Fed to cut interest rates by one-half of a percentage point when the U.S. central ... When the economy ends its current downturn, gold prices should eventually fall, as they did 28 years ago.
2008-03-13 05:40:00 -
Paulson: Balance Is Key in Plan to Fix Credit Crisis
NPR News - Federal Reserve has twice cut short-term interest rates sharply — and may do so again. ... The U.S., too, faces increased competition from China, so the current economic stumbles come at a bad time, economists say
2008-03-12 05:55:00 -
More housing woes: Mortgage lenders raise the bar on home loans
Fort Lauderdale Sun-Sentinel - That means smaller loan amounts, bigger down payments or higher interest rates for buyers. ... No lender is going to give them a new loan large enough to pay off their current mortgage.
2008-03-15 08:44:00 -
Inflation sparks rate hike talk
News.com.au - A FURTHER rise in official interest rates is on the cards after Reserve Bank of Australia (RBA) governor Glenn Stevens predicted ... The current inflation concerns had not been caused by a break out in wages, Mr Steven said.
2008-03-13 07:20:00