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World leaders pledge to combat global crisis - WTOP RadioWASHINGTON (AP) - With the global economy threatening to slip into a prolonged recession, world leaders have come up with a lengthy action plan they hope will bolster badly shaken investors' confidence. The plan was produced at a weekend meeting of ...
Nov 17, 5:39 AM EST - Associated PressWASHINGTON (AP) -- With the global economy threatening to slip into a prolonged recession, world leaders have come up with a lengthy action plan they hope will bolster badly shaken investors' confidence. The plan was produced at a weekend meeting of ...
Citigroup layoffs trump global economic plan - Seattle Post IntelligencerWASHINGTON -- Another round of massive layoffs at Citigroup and more bad financial news Monday led investors to shrug off the lengthy action plan from world leaders designed to address a sagging global economy. Citigroup said it will cut about 53,000 ...
UPDATE 3-Germany says ready to help troubled carmaker Opel - ReutersBERLIN/FRANKFURT, Nov 17 (Reuters) - Germany said on Monday it was ready to help General Motors' (GM.N: Quote , Profile , Research , Stock Buzz ) struggling German unit Opel, though it would make sure any aid did not seep over to the U.S. parent or ...
Germany says ready to help troubled carmaker Opel - Guardian UnlimitedBERLIN/FRANKFURT, Nov 17 (Reuters) - Germany said on Monday it was ready to help General Motors' struggling German unit Opel, though it would make sure any aid did not seep over to the U.S. parent or trigger a flood of demands for support. Chancellor ...
Billionaire Merckle Family Said to Make Guarantees to Save VEM - BloombergBillionaire Merckle Family Said to Make Guarantees to Save VEM By Angela Cullen and Aaron Kirchfeld Nov. 19 (Bloomberg) -- Germany’s billionaire Merckle family, stung by losses on Volkswagen AG shares, made personal guarantees for the first time ...
Bretton Woods revisited - Central ChronicleAfter World War II when the world economy was in recession it led to the Bretton Woods arrangement which entailed the establishment of the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD) - World ...
Viewer Stories: Living Paycheck To Paycheck - WSB-TV AtlantaThe economy has caused my employer to cut me to a 3/4 worker, cutting my wages but still putting me above the line to qualify for underemployment. I've spent months searching for a new job without luck. I refuse to look beyond the tri-city area ...
To build hotel, Dallas to pay $25 million more on convention center - Dallas Morning NewsTo construct a $550 million convention center hotel complex downtown, Dallas must also incur millions of dollars in additional debt payments on the convention center itself, a cost some at City Hall have been reluctant to connect directly to the ...
Financial crisis: action taken by central banks and governments - Guardian UnlimitedGermany, France, Italy and 12 other European countries unveiled a comprehensive plan for salvaging their banking systems from potential ruin . Under the 13-point draft plan, the European Central Bank (ECB) will intervene in the financial turmoil to ...
Today's Mortgage Terms starting with N
Notice of Default: A step in the foreclosure process in which the lender formally informs the court that the borrower is in late in payments.
Non-Assumption Clause: A provision in a mortgage contract preventing the assumption of the mortgage by another borrower without the lenders permission.
View all Terms