February 13, 2008 — To: NATIONAL EDITORS Contact: U.S. Department of Justice Office of Public Affairs, +1-202-514-2007 SALT LAKE CITY, Feb. 13 /PRNewswire-USNewswire/...More: continued here
While many mortgage holders have already experienced the inability to pay higher monthly mortgages due to adjustable-rate loans resetting, it appears many more are still to come. Many companies are estimating that the peak of resets will happen around May
Freddie Mac reported that 30-year, fixed-rate mortgage rates stayed the same this week at 5.88%, which is where they've been for the past 3 weeks.Other rates, however, dropped a little bit this week. The 15-year, fixed-rate mortgages were at 5.40%
DETROIT (Reuters) - Despite a wobbly economy and sliding freight volumes, U.S. railroads have chugged along in recent quarters thanks to strong pricing -- and barring a deep and prolonged recession they show no sign of stopping.
ROME (Reuters) - Consumer countries and international oil firms keen to gain greater access to the world's energy resources are likely to walk away empty-handed from talks with producer nations in Rome.
NEW YORK (Reuters) - Investors will have seen enough corporate results by the end of this week to determine if the recent string of encouraging earnings was an anomaly or a real sign stocks can weather the credit crisis and
DETROIT (Reuters) - The chief executive of Jaguar Land Rover has died in his home country of Australia after a long illness, Ford Motor Co said on Sunday. He was 60.
LONDON (Reuters) - Remarkably resilient morale among euro zone investors and businesses will face a reality check this week as first-quarter earnings reports from the non-financial sector get into full swing.
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Judicial Panel Grants Defense Request for Pretrial Coordination of Individual and Class Action Lawsuits Pursuant to 28 U.S.C. § 1407, and Accepts Defense Recommendation that Lawsuits be Transferred to the Southern District of New York Four individual and class action
BEIJING (Reuters) - Mercedes Benz launched the GLK small SUV in the Chinese market on Sunday, and its head, Daimler chief executive Dieter Zetsche, said he was convinced the group would overtake German rival BMW in the fast growing market.
BEIJING (Reuters) - Mitsubishi Motors is working on developing a low cost car to be sold in China and Thailand as well as the European market, for a targeted launch date of 2010, the company's top executive said on Sunday.
BEIJING (Reuters) - General Motors Corp Chief Executive Rick Wagoner said on Sunday he was confident the automaker could resolve outstanding contract issues with local bargaining units for the United Auto Workers union that have shut down a plant producing
BEIJING (Reuters) - Japan's Mitsubishi Motors is working on developing a low-cost car to be sold in China and Thailand as well as in the European market, the company's top executive said on Sunday.
BEIJING (Reuters) - German automaker Daimler expects to overtake rival BMW in China's luxury car market, Daimler chief executive Dieter Zetsche said on Sunday.
