U.S. borrowers who can't afford their mortgages are taking the easy way out: they just leave.

The home improvement chain is still hurting from the woes in the U.S. housing market.

We expect the GBPJPY decline to accelerate this week or next. In recent weeks, we have focused daily charts in order to find the end of wave 4 (within the 5 wave decline from 251.10). The 60 minute chart above

GBP/JPY's sideway trading below 205.02 continues today. Outlook remains unchanged. As mentioned before, rebound from 199.78 was limited by 55 days EMA (now at 204.93). Subsequent retreat dragged 4 hours MACD below signal line, suggesting that an intraday top is

USD/CAD dives further to 0.9872 earlier today but fails to sustain below the short term falling channel support. Subsequent recovery pushed 4 hours MACD above signal line, arguing that an intraday low is already in place. Outlook is turned neutral

Assistant Labor Secretary Victoria Lipnic and other experts talk about Family Medical Leave Act and new employment laws at CAI’s annual Employment and Labor Law Update.

Outgoing Taiwanese President Chen Shui-bien has assured The Gambia of his continuous commitment to bolster ties between Banjul and Taipei, even after leaving the presidential office.

A tidy dividend and appreciation potential favor this truck maker's stock.

NEW YORK, May 20 (newratings.com) - Analysts at Feltl & Co initiate coverage of Rochester Medical Corporation (ticker: ROCM) with a "buy" rating. The target price is set to $16. [more]

Inflation is not yet out of control in the United States, according to former Fed Chairman Alan Greenspan , speaking via satellite link to a conference in Athens, Greece.

After the FOMC cut rates 25 bps to 2.00% on April 30 and signalled a pause in monetary policy loosening, economists will be attentive to any commentary explaining the short- and long-term inflation outlook in the United States in the

Airline watchers offer a grim prognosis for major carriers as oil prices soar.

With Microsoft back in the picture, Google may be forced to bid on Yahoo's ad biz.

Brandon McGee scoops the rest of us last night (from the beach - on vacation no less!) with news about WaMu's launch of SMS-based mobile banking. At this point, it appears the service is informational, not transactional, with the WaMu

In a technical article, David Woollen, CEO of UK-based Innovision Research and Technology, writes about the evolution of NFC in terms of integration into devices and, next on the horizon, Bluetooth chipsets.

Accenture has announced that it has opened a new facility at its research and development technology lab in Sophia Antipolis, France, dedicated to innovation in the rapidly growing global payments industry. The facility, called the Accenture Payments Innovation Showcase, focuses

We have received news of the following recent management changes: Matt Simester has been named Director of the new UK office of Auriemma Consulting Group. Mr. Simester most recently held senior roles at Barclaycard and Affinion International. Kevin Sullivan has

Aster Data Systems Unveils New Internet-Scale Analytic Platform WSJ: Is the Future in Plastic? Credit-Card Firms May Look Alluring, But Threats Loom Miami Herald: Transaction limits at gas pump a nuisance for some Chase Continues to Empower Consumers to Improve

Suzanne Tindal writes for ZDNet.com.au about yesterday's announcement of SMS Banking by National Australia Bank (NAB) - noting that 1,100 users signed up in the first day the service was available. NAB's service, in addition to informational, supports transactions that

APACS, the UK payments association, and ABTA, the UK travel association, have announced they've "published a consumer advice guide - Using your plastic overseas - which provides tips and useful information for holidaymakers and business travellers who will be using