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Member 4175
Oil up over $1 on Iran talks, Mexico Gulf storm (Reuters)
21-07-2008 09h45Reuters - Oil rose towards $130 a barrel on Monday after its biggest one-week slide on record as inconclusive talks between Iran and world powers over Tehran's disputed nuclear programme dimmed prospects of ending the row.
Banks sound but economy to take time: Paulson (Reuters)
21-07-2008 03h58Reuters - The U.S. economy needs months to recover from its slowdown, but the banking system remains sound despite a home mortgage crisis that could cause more problems, Treasury Secretary Henry Paulson said.
Economy not looking so bad, as viewed from the farm (Reuters)
21-07-2008 01h09Reuters - The U.S. housing crisis looks pretty distant when viewed from the cornfields of middle America, although land values pushed up by record commodity prices also evoke past booms that ended in bust.
Freddie Mac files with SEC, first step to capital (Reuters)
19-07-2008 04h48Reuters - Freddie Mac won approval from regulators on Friday to sell the stock needed to overcome mounting losses, and the Wall Street Journal said the mortgage finance company may seek $10 billion.
Fortress mortgage fund down about 30 percent: WSJ (Reuters)
21-07-2008 10h28Reuters - A Fortress Investment Group LLC fund, the Fortress Mortgage Opportunities Fund, is down about 30 percent three months after the firm raised funds for it, the Wall Street Journal reported on its website on Sunday.
Economy top concern for voters as White House race heats up (AFP)
21-07-2008 10h42AFP - The sputtering economy has asserted itself as the main concern for US voters less than four months ahead of presidential elections, and with an avalanche of alarming new data it appears unlikely that will change.
Freddie Mac files with SEC, first step to capital (Reuters)
19-07-2008 04h48Reuters - Freddie Mac won approval from regulators on Friday to sell the stock needed to overcome mounting losses, and the Wall Street Journal said the mortgage finance company may seek $10 billion.
Small-Biz Entrepreneurs' 401(k) Perks (Investor's Business Daily)
19-07-2008 07h11Investor's Business Daily - If you run a small company that does not have a 401(k) plan, you may be missing out on a two-pronged benefit.
U.S. retailer Mervyn's fights for survival: WSJ (Reuters)
21-07-2008 11h03Reuters - Department store chain Mervyn's LLC is fighting for survival after a lender pulled financing and some vendors stopped shipments, the Wall Street Journal reported on its website on Sunday.
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