08/25/08 Although July US home sales rose more than expected, declines in total home sales from one year earlier and lowered home values held markets down and further proved that the housing crisis...
08/18/08 According to First American CoreLogic's Home Price Index, monthly home prices fell 10.7% in the month of June led by steep declines throughout California.
08/12/08 Wachovia Corporation announced that they will be closing mortgage offices in 19 states as the US housing market slump continues to affect businesses and the nation.
09/16/08 Lehman Brothers Holdings Incorporated has officially made history by filing the largest ever corporate claim for bankruptcy protection which in turn permanently shut the doors at Lehman...
08/21/08 A recent surge in crude oil prices as well as concerns over certain financials has made the dollar trade a lot lower against both the euro and yen this session.
09/30/08 Last trading session was indeed a historic one as a combination of even more failed banks and the rejection of a proposed $700 billion US bailout hepled pave the way for the largest ever...
09/30/08 It has been made official. Wachovia, once the nations sixth largest bank by deposits, has officially been purchased by Citigroup after coming so close to bankruptcy.
09/16/08 Although the number of foreclosure filings in NYC last month are down, the number of homes repossesed by banks have skyrocketed during that time.
09/17/08 If the news of the US Government bailing out the nation's number one insurer, AIG, has you confused, look no further for here is a detailed description of the entire AIG saga that will...