The plans for a sparkling new Holiday Inn Express were under way two years ago and construction began less than a year later. ...more

March 6, 2009

If there is a spurt in hotel bookings for this weekend's Super Bowl, it might be forgotten as soon as all the confetti is vacuumed and the hangovers subside. ...more

January 30, 2009

Since the subprime mortgage troubles exploded into a full-blown financial crisis last year, the three top credit-rating agencies - Moody's, Standard & Poor's and Fitch Ratings - have faced a firestorm of criticism about whether their rosy ratings of mortgage securities generated billions of dollars in losses to investors who relied on them. ...more

December 20, 2008

Mortgage finance company Fannie Mae said it is forgiving the mortgage debt of a 90-year-old woman who shot herself in the chest as sheriff's deputies attempted to evict her. ...more

October 5, 2008

Wall Street snapped back Tuesday after its biggest sell-off in years amid growing expectations that lawmakers will salvage a $700 billion rescue plan for the financial sector. But the seized-up credit markets where businesses turn to raise money showed no sign of relief. ...more

September 30, 2008

Home prices. That's what the Bush administration's historic Wall Street bailout is really about. ...more

September 20, 2008

Wall Street surged Monday as investors placed bets that a recovery in the financial and housing sectors is likely to follow the U.S. government's move to bail out mortgage giants Fannie Mae and Freddie Mac. ...more

September 9, 2008

Freddie Mac talked to investors this week about possibly buying its stock to raise much-needed capital but billionaire investor Warren Buffett said he passed on an opportunity to help the troubled mortgage giant. ...more

August 23, 2008

Billionaire investor Warren Buffett said Friday the economy continues to be in a recession, by his definition, and will continue to be for at least several months. ...more

August 23, 2008

Freddie Mac on Wednesday posted a second-quarter loss that was more than three times larger than Wall Street expected as a huge number of borrowers with good credit fell behind on their exotic and risky mortgages. ...more

August 7, 2008