WTHI Freddie Mac Economist: Housing, Mortgage Markets Remain Bleak Wall Street Journal By Darrell A. Hughes Of DOW JONES NEWSWIRES WASHINGTON (Dow Jones)–The US housing market continues to contract as the amount of delinquent loan payments and defaults on mortgages rise, prompted by high unemployment, …
US banks that have received government aid, including Citigroup, Goldman Sachs, Morgan Stanley and JPMorgan Chase, are considering buying toxic assets to be sold by rivals under the Treasury’s $1,000bn (£680bn) plan to revive the financial system
World leaders agreed to ‘fight back’ against the global recession with $1,100bn in funding for the International Monetary Fund and for international trade finance, but did not agree a new round of fiscal stimulus
Brits still keen on investments, says survey
A warm reception for more optimistic economic data helped the FTSE 100 back over the 4,000-point level on Thursday for the first time in five weeks.
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