TOP 100 FINANCIAL SITES
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| Retail Bankruptcies On The Rise A weak holiday season and a struggling economy led retailers Sharper Image Corp. and Lillian Vernon Corp. to file for bankruptcy this week, and analysts predict others could soon follow them as consumer spending worsens. feeds.cbsnews.com |
WaMu shares fall, report says it seeks cash NEW YORK (Reuters) - Washington Mutual Inc shares fell as much as 9 percent on Friday after a published report said the largest U.S. savings and loan, which has been battered by mortgage losses, has approached private equity firms and sovereign wealth funds about possible cash infusions. feeds.reuters.com |
30-year fixed-rate falls while other mortgage rates rise: survey CHICAGO (MarketWatch) -- The average interest rate on 30-year fixed-rate mortgages dropped slightly this week, while rates on other mortgages rose, Freddie Mac reported on Thursday. feeds.marketwatch.com |
Credit Quality Worsens at Regions Regions Financial's net income rose 1.1% on year-earlier losses from discontinued operations, as the Southeastern bank's credit quality continued to worsen. online.wsj.com |
Stop blaming China, says AmCham The US should focus on enhancing its overall economic competitiveness instead of seeking protectionism to combat its economic slowdown, said the latest 2008 White Paper: American Business in China.And, it should not press for yuan appre ... english.people.com.cn |