Mortgage and Financial News From 2008-7-28 Page 2

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  • Fischer as super-finance-minister (Haaretz Daily)

    The central bank governor raised interest rates yesterday for two reasons: political and economic. Israel currently has a lame duck prime minister and a limping government. The treasury is on hiatus.
    2008-07-28 04:13:23
  • Frozen Food Express Industries, Inc. Announces Second Quarter Profit (PrimeNewswire via Yahoo! Finance)

    DALLAS, July 28, 2008 -- Frozen Food Express Industries, Inc. today announced its first quarterly profit since 2006.
    2008-07-28 05:00:00
  • Press Briefing by Dana Perino - 07/28/2008 (White House)

    MS. PERINO: Hello, everybody. A couple of things. The President is just finishing up a lunch right now with Prime Minister Gillani of Pakistan. They had a very good meeting -- I would describe it as a serious meeting -- one in which they spent most of the time talking about counterterrorism issues. The President reaffirmed his commitment to Pakistan for the aid that we provide. In addition, you ...
    2008-07-28 05:10:36
  • Jeremy Warner's Outlook: Windfall taxes are a sign of Treasury desperation (Independent)

    Is there a reasonable case for a windfall profits tax on energy companies? With poll ratings pummelled, the Prime Minister is under pressure from backbenchers for populist measures to revive Labour's fortunes.
    2008-07-28 05:35:13
  • 'Hot money' fuels inflation in China (USA Today)

    A torrent of speculative capital is handcuffing China's efforts to fight inflation and casting doubt on its willingness to allow its currency to continue increasing in value something U.S. manufacturers have long sought.
    2008-07-28 07:42:46
  • Inflation forecast up sharply (Bangkok Post - Thailand's English news)

    The Bank of Thailand yesterday raised its inflation forecast to a range of 7.5% to 8.8% this year, up sharply from previous estimates of 4% to 5%.
    2008-07-28 08:27:07
  • The incredible plunging U.S. dollar (MSN Money Canada)

    Long considered the bedrock of global finance, the U.S. currency is now foundering -- a shift that for Americans means pricey European hotel rooms, $50 gas fill-ups and a bad case of the greenback blues.
    2008-07-28 09:10:34
  • 40,000 students need new source for loans - Metroboston News

     A state student lender announced yesterday it would not be able to provide private loans for thousands of students this fall. The Massachusetts Educational Financing Authority, which reportedly provided $510 million worth of support for students ...
    2008-07-28 06:54:00
  • Grupo TMM Reports Second-Quarter 2008 Financial Results - MSN MoneyCentral

    José F. Serrano, chairman and chief executive officer of Grupo TMM, stated, "We are very pleased to have successfully completed our 20-year Mexican Trust Certificates Program through the recent issuance of the third tranche. This facility is non ...
    2008-07-28 03:26:00
  • Student lender won't have loan money this season - Boston Globe

    The Massachusetts Educational Financing Authority today said it will not be able to provide any student loans this fall, which could leave tens of thousands of families in the lurch just weeks before college classes begin. The nonprofit lending ...
    2008-07-28 02:43:00
  • Rescue Package Contains Loophole That Could Help You Keep Profits - Wall Street Journal

    If you are in deep trouble on your mortgage, the new housing rescue package may offer you an almost unbelievable second chance. It may make it possible for you to keep your home, slash your loan balance -- and refinance at cheaper rates, thanks to a ...
    2008-07-28 05:35:00
  • Sirius, XM Refinance In Last Merger Hurdle - Twice

    New York — After receiving federal clearance to merge, Sirius and XM took measures to refinance the last of XM’s $1.1 billion in debt, to clear the final hurdle in the companys’ epic $3.3 billion satellite radio deal. With the new financing ...
    2008-07-28 04:59:00
  • July 27: Local News Briefs (The Herald Bulletin)

    A free eight-day ISTEP preparation program will be provided at Highland High School starting Tuesday. This program will continue through Thursday, Aug. 7.
    2008-07-28 06:18:17
  • Some Skeptical About Housing Rescue Bill Relief (WCPO Cincinnati)

    It's supposed to provide relief for thousands of homeowners facing foreclosure, but some in the Tri-state question whether it goes far enough.
    2008-07-28 06:38:08
  • Nevada tops among states in US foreclosure rates (Daily Sparks Tribune)

    NEW YORK (AP) — Nevada had the highest foreclosure rate among states in the second quarter, according to a report released Friday showing the number of U.S. households facing foreclosure more than doubled compared with a year ago.
    2008-07-28 07:03:33