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Tag Archives: bankers

Time to see if central bankers ready to act

WASHINGTON — The world’s top central bankers have said they’re willing to rescue the economies of Europe and the United States. This week we’ll find out if they are ready to act. The Federal Reserve wraps up its two-day policy ...

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Rate on 30-year mortgage falls to 3.98 percent

WASHINGTON — The average U.S. rate on the 30-year fixed mortgage was mostly unchanged this week, as the cost of home-buying and refinancing stayed near record lows. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan ...

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Gene Policinski: ‘Occupy’ crackdowns limited by First Amendment

The comparisons have already started — police in Egypt attacking demonstrators with clubs and tear gas, and police in a number of U.S. cities breaking up “Occupy” camps with clubs and tear gas. If you’re a demonstrator in Cairo or ...

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Supreme Court won’t stop Fed from revealing loan data

WASHINGTON — The Supreme Court won’t stop the release of Federal Reserve Board documents identifying financial companies that received Fed loans to survive the financial crisis. An association of bankers wanted to stop the release but the court refused Monday ...

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Panel finds financial crisis was avoidable

WASHINGTON — The government-appointed panel investigating the roots of the financial crisis says the meltdown occurred because government officials and Wall Street executives ignored warning signs and failed to manage risks. The crisis could have been avoided, the Financial Crisis ...

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