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Americans Saving More, Interest Rates At New Low
...lowest level since a year ago, in the throes of the financial crisis. Lower interest rates make it cheaper for people and companies to borrow...
Report: 10 States Face Looming Budget Disasters
...financial remedies are no longer limited to California, where a historic budget crisis earlier this year grew so bad that state agencies issued IOUs to...
Fed: Banks Expect To Increase Credit Card Rates
...contributing to the worst financial crisis since the 1930s. The Fed...past three months on home mortgages for prime borrowers. That was...
What You Should Know If Your Bank Is Shut Down
...have suffered because the housing crisis and the recession have led consumers and businesses to stop paying off mortgages, credit cards and other loans...
Obama: 'We Are Moving In The Right Direction'
...jobs were among teachers and other education employees. With state budgets in crisis, federal aid helped governors avoid major cuts in education, which officials said...
Feds Shut California National Bank Of Los Angeles
...one day was the most the FDIC has shut since the financial crisis began taking down banks last year. The closings boost the number of...
Gov't Says Recession Over, But Job Losses Continue
...get loans and the people whose homes are worth less than their mortgages. Department Of Labor Conference Board CBS News EconWatch: Bailout Posts Assertions by...
Obama: American Values Offended By High Exec Pay
...employees to take reckless gambles like those that contributed to the financial crisis. Unlike a Treasury plan to slash pay at certain companies that were...
Wells Farge 3Q Profit Jumps; Loan Losses Rise
...which includes the big mortgage operation it took on when it bought Wachovia at the height of the credit crisis a year ago. Net...
Obama Admin. Unveils New Mortgage, Housing Support
...would help to support low mortgage rates and expand resources for...loans due to the housing crisis and credit crunch. "This initiative...