| U.S. Economy Headlines |
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| Paulson sees mortgage assistance as backup
(AP)
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| AP - Treasury Secretary Henry Paulson said Tuesday the Bush administration has no immediate plans to extend emergency loans to mortgage giants Fannie Mae and Freddie Mac or to purchase the stock of the two companies. -- read full article |
| Tue, 15 Jul 2008 17:36:49 GMT - Yahoo! News: Economy News |
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| Economy - Monday
(Investor's Business Daily)
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| Investor's Business Daily - Retail sales ex autos rose 1.1% from May, the biggest gain in 7 months, as consumers spent gov't tax rebates, according to SpendingPulse, a unit of MasterCard Advisors. Most of the increase went for food, energy and other necessities. The Commerce Dept. releases official retail sales figures on Tue. -- read full article |
| Mon, 14 Jul 2008 22:37:01 GMT - Yahoo! News: Economy News |
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| Government not expected to help more companies
(AP)
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| AP - The U.S. government is signaling it won't throw a lifeline to struggling financial companies except for mortgage linchpins Fannie Mae and Freddie Mac marking a shift to a new and potentially more volatile phase of the credit crisis.
-- read full article |
| Mon, 14 Jul 2008 04:49:03 GMT - Yahoo! News: Economy News |
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| Washington, Wall St. weigh Fannie, Freddie help
(AP)
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| AP - Wall Street and Washington wrestled Friday with how to shore up mortgage giants Fannie Mae and Freddie Mac, two troubled pillars of the economy whose failure would deal a devastating blow to the already crippled housing market.
-- read full article |
| Fri, 11 Jul 2008 21:39:33 GMT - Yahoo! News: Economy News |
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