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The Hindu Business Line : Inflation of various kinds
The Reserve Bank of India has declared a 3 per cent inflation goal. Why 3 per cent? Because it's near enough to the target of the European Central Bank and Bank of England? (Their's is 2 per cent).
www.thehindubusinessline.com

Slowing economy faces major hurdles
As the engine of U.S. economic growth slows, two of its main cylinders - job growth and consumer spending - still aren't firing. Until they kick in, the weak recovery is in jeopardy. United States - Economic growth - Consumer spending - U.S. Economic Cycles - Economic
www.msnbc.msn.com

Free Stimulus via Refinancing, Debate Grows
Some argue that refinancing is a slam-dunk economic stimulus.
blogs.wsj.com

With Credit Tight, Microlending Blossoms
After banks refused loan requests, some small businesses in the United States turned to microloans like those offered in the third world.
www.nytimes.com

Lehman, AbitibiBowater, Esmerian, Centaur, Storm King Golf: Bankruptcy
Lehman Brothers Holdings Inc. and brokerage unit Lehman Brothers Inc. face a tax liability of as much as $283 million if they retain residual interests in real- estate mortgage investment conduits known as Remics.
www.bloomberg.com

Would your finances pass the stress test?
How to balance a budget and make sure you have enough for a rainy day.
www.telegraph.co.uk

Doral Financial Corporation Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2010
Raised $171 Million of New Capital That Enables Asset Quality Improvements; Reports Agreement to Sell Construction Loans in July, 2010; Capital Exceeds Well Capitalized Benchmarks
www.marketwire.com

M.D.C. Holdings Announces Second Quarter 2010 Results
M.D.C. Holdings, Inc. today reported a net loss for the 2010 second quarter of $3.7 million, or $0.08 per share, compared with a net loss for the 2009 second quarter of $29.6 million, or $0.64 per share. Â The improvement in operating results was driven primarily by an increase in home closings.
biz.yahoo.com

Some good reasons to refinance
Why refi? There are a number of reasons to refinance a mortgage. You probably can think of the first one to get a lower mortgage rate. The average interest rate on an outstanding mortgage at the beginning of 2010 was 5.979 percent, according to the Bureau of Economic Analysis. However, lenders today are offering rates well below that benchmark, making a refinance a no-brainer for many. But low ...
www.nashuatelegraph.com

U.S. Army, Marine Corps Servicemen Receive Rumble With a Cause Grand Prizes from Armed Forces Foundation and Oshkosh ...
OSHKOSH, Wis.--(BUSINESS WIRE)--The Armed Forces Foundation (AFF) and Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK), today presented two servicemen with the Rumble With a Cause sweepstakes grand prizes. The winners, U.S. Army Staff Sgt. David Dingman and retired U.S. Marine Corps Staff Sgt. Skipper Lee Campbell, both live in Texas and share a background of service to their ...
www.businesswire.com

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