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With the country stuck in a painful recession, the Federal Reserve is widely expected to keep its key interest rate at an all-time low this week and examine other unconventional ways to lift the economy. ...more
January 26, 2009
Home prices in July fell 5.3 percent compared with a year ago, a government agency said Tuesday, and have now receded to October 2005 levels. ...more
September 24, 2008
NEW YORK - Just as Americans grow more reliant on credit cards to help pay monthly bills, they're being hit with a one-two punch: Card companies are reducing borrowing limits for tens of thousands of consumers, which then can lead to lower credit scores. ...more
June 29, 2008
Just as Americans grow more reliant on credit cards to help pay monthly bills, they're being hit with a one-two punch: Card companies are reducing borrowing limits for tens of thousands of consumers, and that can lead to lower credit scores. ...more
June 28, 2008
Showing Countrywide Financial Corp. President David Sambol the door, Bank of America Corp. said Wednesday that it would appoint one of its own top executives to oversee mortgage operations after completing its acquisition of Countrywide. ...more
May 29, 2008
President Bush, acknowledging the economic "tough times" for many Americans, said Monday that he remains opposed to any homeowner rescue legislation that would be a bailout for lenders. ...more
May 20, 2008
TAMPA -- Saxon Mortgage is laying off 140 workers in the Tampa Bay area, according to documents the company filed today under the state's Worker Adjustment and Retraining Notification Act. ...more
February 25, 2008
"Just Do It," one of Nike's ad slogans, might also be something the government should use to encourage consumers to spend their expected tax rebates. ...more
February 6, 2008
Orders to factories for big-ticket manufactured goods jumped unexpectedly in December, good news amid signs the U.S. economy may be tipping toward a recession. ...more
January 30, 2008
"With the combination of historically low interest rates and outstanding selection in today's market, now is the time to buy," says Cathleen F. Smith, senior vice president for Coldwell Banker Residential Real Estate Tampa Bay. ...more
November 11, 2007
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