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business - "credit"
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Fair value debt profits surprise analystsAn accounting quirk has been a feature of results by several large UK banks, but the benign effect will reverse if credit spreads recover
Discover Financial shares rise with market (AP)Shares of credit card issuer Discover Financial services rose Friday, amid a rebound in the broader market, as investors rallied around a sharp drop in oil prices.
One year on, the crunch wrecking ball is playing havoc in the real economyOne year old today, the credit crunch is finally starting to make its full consequences felt in the real economy. When the crunch began a year ago, it was hard to figure out what all the fuss was abou...
Shares rebound but it is early daysOn the day that Britain's second largest financial institution reports the third biggest loss in the nation's banking history it may seem odd to ask whether the worst of the credit crisis has passed
US has political, economic stake in far-flung spatThere's more than meets the eye to the frantic U.S. efforts Friday to talk Russia and U.S. ally Georgia out of war over an obscure mountain tract most Americans have never heard of. A look at the map and your gas credit card bill shows why. South Ossetia is...
Fannie Mae records $2.3 billion loss, slashes dividendContinued credit problems pushed Fannie Mae to post a $2.3 billion second-quarter loss, prompting it to cut its dividend to 5 cents per share, the company said Friday. (FNM) (FRE)
Fannie Mae loses $2.3bn and cuts dividendFannie Mae warned that the US housing crisis would last well into next year as it reported a $2.3bn second-quarter loss and slashed its dividend after recording $6.2bn in credit-related and investment losses
Family forced into car by credit crunchA family of four were forced to live in their car after their home was repossessed after they fell behind on mortgage payments.
Fannie Mae takes $2.3 billion loss, slashes dividendContinued credit problems pushed Fannie Mae to a $2.3 billion second-quarter loss, prompting it to cut its dividend to 5 cents a share, the company announced Friday. (FNM) (FRE)
Dollar puts in spurt of strengthThe dollar surged higher this week, hitting a five-month high against the euro and a 20-month peak against sterling amid a growing conviction that the effects of the credit crisis were spreading across the globe
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Archived "business - credit" news stories.
 Available news archives.
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