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WASHINGTON (AP) — The Federal Reserve pledged today to hold interest rates at a record low to drive down double-digit unemployment and sustain the economic recovery. ...more
December 16, 2009
Mortgage applications surged last week, coming mostly from borrowers looking to refinance at sharply lower rates after the Federal Reserve unveiled plans to buy Treasury bonds and mortgage-backed securities. ...more
March 26, 2009
With bankers under fire, the chief executive of the Florida Bankers Association came out swinging Monday against regulators who he said are tying bankers' hands. ...more
March 6, 2009
With bankers under fire, the chief executive of the Florida Bankers Association came out swinging Monday against regulators who he said are tying bankers' hands. ...more
March 3, 2009
If you wanted to see the disconnect between bankers, who have been accused of hoarding money, and businesses that need loans, the Port of Tampa's Cruise Terminal 3 was the place to be Wednesday. ...more
February 19, 2009
For the hundreds of camera-toting tourists who visit Wall Street every day, the New York Stock Exchange presents an imposing sight. ...more
December 20, 2008
Mortgage application volume more than doubled during the shortened Thanksgiving week, according to the Mortgage Bankers Association's weekly application survey. ...more
December 4, 2008
A federal welfare package for the U.S. auto industry's Little Three is inevitable. ...more
November 15, 2008
Banks borrowed in record amounts from the Federal Reserve's emergency lending facility over the past week, but investment banks drew loans at a slightly lower, but still brisk, pace. ...more
October 24, 2008
The credit markets can be mind-numbing in their complexity, but they are vital to what happens in our everyday lives. They're also the reason President Bush proposed the controversial $700 billion rescue plan. Here are some answers to questions about the credit markets. ...more
October 8, 2008
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