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FTSE shares weaken, banks under pressure. London shares dipped on Wednesday, amid renewed jitters about the health of the world's top banks and slowing economic growth. Oils down, stocks are up, but uncertainty remains. The past four weeks on Wall Street have been quite a welcome contrast. Stocks have risen, the dollar has strengthened and oil prices have plummeted. Graduates' Job Hunts: Majorly Frustrating. Thomas Rumeau already had a bachelor's degree in economics but decided that a master's in public policy would make him more marketable. AP IMPACT: Weak rules cripple appraiser oversight. As soaring home prices set the stage for Americas great housing meltdown, a critical step in making sure those home sales were a fair deal -- the real estate appraisal -- was undermined from within. Questions and answers on hiring an appraiser. Questions and answers on how consumers can ensure they are getting an honest appraisal when buying or selling a home, refinancing an existing mortgage or taking out a home equity loan or line of credit:. Citigroup refocuses Asian operations. REGIONAL FOCUS: The US banking titan plans to divide the Asia-Pacific region into four clusters in which regional executives will have a freer hand in making decisions BLOOMBERG Tuesday, Aug 19, 2008, Page 10.. Wescom to close 11 of 55 offices. The global crisis in the financial markets is now affecting a local credit union. A Helping Hand for Harried Homeowners. The Neighborhood Assistance Corporation of America is doing something that should have been done a long time ago. US stocks close mixed as oil falls, dollar firms. US stocks closed narrowly mixed Friday as falling oil prices tamped down inflation worries and the dollar continued to rally on mounting signs of a slowing global economy. Regulator: UBS defrauded NH student lender. New Hampshire securities regulators on Thursday accused banking giant UBS of defrauding the states leading issuer of student loans. JPMorgan shares tumble on widening 3Q losses. JPMorgan Chase & Co. shares tumbled nearly 10 percent Tuesday as the banks disclosure about escalating losses in its mortgage portfolio set off new concerns about the health of the overall financial sector. An analysts lowering of the banks earnings estimates and price target contributed to the decline. Toronto stocks push into positive territory. The Toronto Stock Exchange's main index bounced into positive territory on Thursday morning, recovering from an earlier fall as resource shares trimmed losses and tech shares gained. Wall Street heads for higher open as oil slips. Stock futures pointed to a moderately higher open Monday as investors remained cautiously upbeat about the recent downturn in oil prices, which dipped further below $114 a barrel even as Tropical Storm Fay.. How Long Can Gold Shine? Financial crisis, slowing economy, rising inflation -- what a perfect recipe for a boost in gold prices and shares of gold-related companies. Wall St slides as credit worries rattle financials. Stocks fell on Monday as investors fretted about the prospect of more losses from the mortgage crisis, bruising shares of the two big U.S. home finance providers and other financial companies. W.Va. AG sues Countrywide over home foreclosures. West Virginias attorney general accuses a national mortgage lender of making risky and unconscionable loans in a lawsuit thats similar to challenges filed in several other states. Interest rates: Wage growth won't delay rate cuts. A MODEST rise in average wages in the May quarter won't deter the Reserve Bank of Australia from cutting interest rates, economists say. Wall St. faces headwinds in dog days of summer. Wall Street investors ply the dog days of summer next week with few economic indicators on the calendar but stiff headwinds from volatile oil prices, rising inflation and slowing global growth. No excuse' for banks not to cut rates: Swan. Federal Treasurer Wayne Swan says the retail banks have "no excuse" but to follow the lead of the Reserve Bank of Australia in cutting rates. Huntington: No fallout from latest Franklin losses. With a big second-quarter loss coming for Franklin Credit Management Corp., Huntington Bancshares Inc. |
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