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| Business Headlines |
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| JPMorgan beats forecasts, warns on mortgages
(Reuters)
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| Reuters - JPMorgan Chase & Co posted a
smaller-than-expected drop in earnings on resilient stock and
bond underwriting revenue, sending its shares surging, but the
company cautioned that the mortgage market and the economy are
getting worse. -- read full article |
| Thu, 17 Jul 2008 17:53:51 GMT - Yahoo! News: Business |
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| Economy - Tuesday
(Investor's Business Daily)
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| Investor's Business Daily - As interest rates continue to fall, an index of home loan demand increased to 522.2 for the week ended July 11, up from 513.4 a week earlier, according to the Mortgage Bankers Association. Refinancing activity grew 6.9%, but applications for loans to buy a home dipped 1.7%. The average 30-year fixed mortgage rate fell to 6.22%. -- read full article |
| Wed, 16 Jul 2008 22:51:03 GMT - Yahoo! News: Business |
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| Oil steadies after dip on demand
(Reuters)
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| Reuters - Oil prices steadied on Thursday, after
sharp losses on swelling stocks and fading demand in the United
States and after a fresh diplomatic initiative from Washington
over Iran.
-- read full article |
| Thu, 17 Jul 2008 08:17:41 GMT - Yahoo! News: Business |
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| Nasdaq rises 2 percent as oil falls; banks gain
(Reuters)
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| Reuters - Stocks rose on Wednesday as upbeat
quarterly results from Wells Fargo & Co eased concerns
about the impact of the credit crisis on banks, while a fall of
about $4 in oil prices reduced inflation fears and fueled
optimism about consumer spending.
-- read full article |
| Wed, 16 Jul 2008 17:59:54 GMT - Yahoo! News: Business |
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