Philippines Raises Rediscounting Rate as Growth Accelerates

The Philippines increased its so- called rediscounting rate, one of the interest rates it charges lenders for borrowing money from the central bank, as […]

Fast and Secure application for cash advance lenders and payday loans. We offer cash advance loans with a low cost guarantee.

German investor buys foreclosed hotel note for half off

A German investor bought the distressed note on a Lauderdale-by-the-Sea hotel and apartment property for less than half of the bank’s foreclosure judgment.
Ptolsemaios Property paid […]

Barclays, HSBC signal bad debts may have peaked

Britain’s top two banks, HSBC and Barclays, signaled bad debts may be past their peak, with HSBC declaring on Tuesday the first improvement for […]

Obama says new data shows U.S. economy recovering

President Barack Obama used his weekly radio address on Saturday to tell Americans that this week’s positive job and economic growth figures are yet […]

Fed: Economic activity has ‘picked up’

The Federal Reserve kept interest rates near zero on Wednesday and said the economy is improving. But the Fed also pointed out ongoing job […]

FCC chairman proposes Net neutrality rules

The chairman of the Federal Communications Commission outlined rules on Monday that would prohibit Internet providers from selectively blocking Web content and applications.
FCC chairman […]

What’s NorthSide?

It’s an $8 billion proposal by O’Fallon, Mo.-based McEagle Properties to redevelop about 1,500 acres across three neighborhoods in north St. Louis. McEagle says […]

The housing recovery mirage

Is the housing bust over?
Shares of Toll Brothers (TOL), Hovnanian (HOV) and KB Home (KBH) and other builders have surged. The exchange-traded fund […]

Stocks surge in Brazil, Russia, India, China

As Wall Street rebounds and the U.S. economy shows signs of life, stock prices in the world’s four largest developing economies have climbed even […]

How AT&T gets stimulus funds

Big businesses are battling to take home chunks of the government’s billion-dollar stimulus pie and AT&T is among the leaders on the telecom front.
While […]