Archive for the ‘Finance News’ Category
No bankruptcy help for homeowners
No bankruptcy help for homeowners
The Obama administration lost a bid to add a powerful weapon in its fight against foreclosure Thursday, after the Senate voted down a proposal to allow bankruptcy judges to modify mortgages.
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House approves credit card legislation
House approves credit card legislation
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Chrysler's factories: A fate uncertain
Chrysler’s factories: A fate uncertain
With Chrysler declaring bankruptcy, what may happen to the storied carmaker’s 22 U.S. plants and thousands of workers is an open question.
$1 billion a day for stimulus
$1 billion a day for stimulus
The federal government has made available more than $75 billion for stimulus projects in the 10 weeks since President Obama signed the $787 billion recovery package into law.
Source: $1 billion a day for stimulus
Flu could derail fragile global economy
Flu could derail fragile global economy
A quick and extensive swine flu epidemic could derail a global economic recovery, and even prolong and deepen the worldwide recession, economists said Monday.
FDIC's Bair: No bank is too big to fail
FDIC’s Bair: No bank is too big to fail
Federal Deposit Insurance Corp. chief Sheila Bair reiterated calls for creating a system that would allow regulators to dismantle a large financial institution.
