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business - "credit"
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Mall of America: Hurdles to mall growth riseTighter credit markets may not have shut off financing for the Mall of America's proposed expansion, but it may be more costly and complex.
JPMorgan CEO: Recession is just beginningJPMorgan Chase & Co.'s chief executive said Monday that while the crisis in the credit markets appears to be three-quarters over, he believes a U.S. recession is just beginning.
Retail sales fall for second month in AprilLONDON (Reuters) - Retail sales values fell for a second consecutive month in April, a survey showed on Tuesday, suggesting tighter credit conditions and rising household bills are forcing consumers t...
Facebook Loan Ads Target Young PeopleCredit companies are using the website Facebook to tempt young people with cheap loans, the debt charity credit Action has warned. Advertisements promising cash loans for people with poor credit rat... Big News Network Monday, May 12, 2008
Can my new employer do a credit check?I have accepted a job with a credit recovery firm. As well as supplying references, I had to complete forms for credit checking
Writedowns push MBIA to $2.4bn lossMBIA, the world's largest bond insurer, reported a $2.4bn loss for the first quarter as it took billions of dollars of writedowns on derivatives contracts amid ongoing credit market deterioration
HSBC sees further pain in US housingThe bank, one of the first to suffer from the subprime mortgage meltdown, said any recovery in the US housing market was unlikely this year as it revealed it had set aside $5.8bn as a result of the credit turmoil in the first quarter
No-money-down mortgages are still happeningYou probably thought nothing-down mortgage loans disappeared in the wake of the American subprime lending crisis, which ensnarled much of the world in a credit crunch.
IndyMac Bancorp swings to 1st-qtr loss, sees 2008 loss (AP)AP - IndyMac Bancorp Inc. swung to a loss in the first quarter as deteriorating credit markets forced the mortgage lender to lower the value of mortgage-backed securities, and warned Monday it would not post a profitable quarter in 2008.
CapitalSource renews 2 credit facilities (AP)Commercial lender CapitalSource Inc. said Monday it has renewed two secured credit facilities totaling $1.38 billion. Both credit lines, which are managed by Citi, will mature on March 31, 2009, subject to an additional one-year amortization period.
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Archived "business - credit" news stories.
 Available news archives.
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