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Triad homes sales drop almost 30 percent Sales of new and existing homes in the Triad fell 28 percent in October, while the average price took a smaller drop of 4 percent. Bizjournals.comFed throws fresh lifeline to stressed households WASHINGTON (Reuters) - The Federal Reserve threw a massive life-line to consumers on Tuesday with two new programs aimed at making it easier for them to obtain loans for homes, cars and on credit cards. ReutersAIG to cut executive paymentsBig News Network Tell us how you`ll shake off your financial blues this holiday MarketWatch wants to know if you're tightening your belts this holiday and why. Let us know too what you will do the keep joy alive in your homes and families. MarketWatch.comGovernment announces new loan programs WASHINGTON (AP) -- The government, still struggling to manage a severe financial crisis, unveiled two new programs Tuesday that will provide $800 billion to try to help unfreeze the market for consumer debt from home mortgages to credit cards.... The Arizona RepublicU.S. home sales drop in October Existing-home sales nationwide fell 3.1 percent in October from September, according to the National Association of Realtors. (FNM) Bizjournals.comU.S. consumers cut spending by the most in 28 years The economy shrank more than expected in the third quarter and home prices fell to levels not seen since early 2004 as the government announced new plans to provide $800 billion to boost consumer spending and home buying. HoustonChronicle.comUPDATE 1-Australia`s QBE to buy ZC Sterling for $575 mln SYDNEY, Nov 26 (Reuters) - QBE Insurance Group Ltd, Australia's top insurer by premium income, will buyU.S.-based underwriting agency ZC Sterling Corp for $575million, part funded by a $1.3 billion equity raising, and hasupped its 2008 revenue growth target. ReutersU.S. housing market worsens Buyers shunned the housing market in September and sellers were forced to lower prices again, contributing to the biggest annual decline in home values in more than two decades. International Herald TribuneAustralia`s QBE to buy ZC Sterling for $575 mln SYDNEY, Nov 26 (Reuters) - QBE Insurance Group Ltd, Australia's top insurer by premium income, agreed toacquire U.S.-based underwriting agency ZC Sterling Corp for$575 million, QBE said in a statement on Wednesday. Reuters1 2 3 4 5 |
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