Economy - Most Recent

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How do Americans feel about the banks?

Feb 9, 2012
Americans' feelings on the foreclosure deal, banks and whether they should worry about the European debt crisis. Gallup's Frank Newport offers up the latest data.
Posted In: foreclosure, Banks, Greece

$25 billion foreclosure settlement announced

Feb 9, 2012
Five big banks punished for illegal lending practices.
Posted In: mortgage crisis, robosigning, President Obama, foreclosures, Housing

States, banks reach $25 billion mortgage settlement

Feb 9, 2012
State and federal authorities unveil a $25 billion deal with big banks to address foreclosure abuses and to aid underwater homeowners.
Posted In: Housing, foreclosure, mortgage settlement

Cleaning up the mortgage mess

Feb 9, 2012
Today's $26 billion settlement between the government and five of the nation's biggest banks could free up the billions in mortgage securities they possess. But the settlement will also change many of the ways banks deal with foreclosures.
Posted In: Housing, foreclosure, mortgage, mortgage settlement

Some banks offer extra incentive to short sell homes

Feb 8, 2012
Bloomberg News reports a case of a J.P. Morgan Chase letter to a homeowner that said "you could sell your home, owe nothing more on the mortgage, and get $30,000."
Posted In: short sell, foreclosure, JPMorgan, underwater mortgage

Markets rise on 'surprise and relief'

Feb 8, 2012
With investors feeling emboldened by a strengthening world economy, markets have steadily climbed since October.
Posted In: Europe debt crisis, stock market

Low job ‘churn’ hurting economic recovery

Feb 8, 2012
Risk-averse Americans are less and less willing to quit their jobs in pursuit of a better fit.
Posted In: Jobs, employment, churn

New foreclosure numbers sound good, but...

Feb 8, 2012
Foreclosures are down, but a legal settlement may change the outlook.
Posted In: Housing, foreclosure

House GOP introduces version of insider trading bill

Feb 8, 2012
Republicans in the House of Representatives have introduced their version of an anti-insider trading bill. The version that passed the Senate had provisions that focused specifically on those who traffic in 'political intelligence.'
Posted In: insider trading, politics, Congress, Washington D.C.

A little risk in the portfolio could be worth it

Feb 8, 2012
The markets will always have their ups and downs, but Josh Brown of Fusion Analytics thinks the best way to prepare for a long retirement is to keep a little risk in your portfolio, especially as markets are looking up.
Posted In: stock market, Retirement, stocks

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