A U.S. Parallel to Dubai World
New York Times - Thu Dec 3, 12:50 am ETA default by Fannie Mae and Freddie Mac on what has long been seen as quasi-sovereign debt would torpedo America’s reputation.
154630 Stories, most recent news story added Thu Dec 3, 12:01 am ET
A default by Fannie Mae and Freddie Mac on what has long been seen as quasi-sovereign debt would torpedo America’s reputation.
Toys are coming in more compressed packaging these days and with more dreaded assembly required. And many adults feel less and less up to the task.
Stock buying gained momentum Tuesday as rising commodity prices and reports on manufacturing and housing pointed to a rebound in the economy.
Richard Phillips, the ship captain toasted as a hero after he was taken captive by Somali pirates, ignored repeated warnings last spring to keep his freighter at least 600 miles off the African coast because of the heightened risk of attack, some members of his crew now allege.
Freddie Mac Prices 3-year Notes At 1.407% Yield
The young man living in his car is passing out free sack lunches in the park downtown. He's fresh from his construction job, so he looks a lot like the people he's feeding: dirty blue jeans; hooded sweatshirt; size-12, steel-toed Red Wing boots. A homeless man, feeding homeless men. Charity squared.
The economy picked up modestly the past month, with eight of the USA's 12 districts showing improvement, the Fed said in its beige book.
WASHINGTON — Homebuyers insured by the Federal Housing Administration would have to provide more cash up front and meet...
As Dubai prepares for weeks of arduous negotiations with creditors over restructuring Dubai World’s debt, outsiders still do not know what to make of the situation.
The U.S. labor market improved in November, with the number of jobs lost in the private sector falling again and the number of planned layoffs also easing, separate reports showed on Wednesday.
Dubai’s debt troubles have caused investors to suddenly scrutinize big ideas like the Burj Dubai, a half-mile-high building.
Rampant Black Friday discounting, promotions and ubiquitous Disney merchandisers in large chains like Best Buy had a marked impact on the national home video sales chart for the week ended November 29.
Mortgage modifications, invasive carp threatening Great Lakes
Promiseland Livestock will lose its organic certification for four years unless it appeals a ruling issued last month because the company kept inadequate records and refused to let USDA inspectors review the records it did have.
Fannie Mae will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:
A proposal for a state-owned casino near Wichita has been put on hold while the developers revise their proposal to better compete should an Indian tribe open a casino nearby.