FDIC announces 10th bank failure of the year
Monday, 01 September 2008

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State regulators shuttered a Georgia bank late Friday, marking the tenth bank failure this year.

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Last Updated ( Monday, 01 September 2008 )
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New home sales rise, but grim news lurks
Sunday, 31 August 2008

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The housing sector offered another mixed bag of news Tuesday, as new home sales rose slightly in July only after June sales were revised downward, according to a key government report.

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Last Updated ( Sunday, 31 August 2008 )
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31 Aug, 2007, 2315 hrs IST, REUTERS (The Economic Times)

NEW YORK: U.S. subprime auto lenders say they do not see a rising wave of defaults, but over the past year they have made a number of moves to burnish the scratches and dents in their loan portfolios.

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