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Bernanke signals Fed to maintain stimulus efforts

Bernanke signals Fed to maintain stimulus efforts
Submitted by Fox First at Ten on May 22nd
By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - Chairman Ben Bernanke told Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs. Reducing the Fed's efforts to keep borrowing rates low would

Weak yen a help for Japan, but headache elsewhere

Weak yen a help for Japan, but headache elsewhere
Submitted by Fox First at Ten on May 22nd
By ELAINE KURTENBACHAP Business Writer TOKYO (AP) - A steady decline in the yen is proving a godsend for exporters such as Toyota and has won solid support from Japan's main trading partners, who are betting the impact on their own currencies will be offset by gains from a recovery in the world

Bernanke testimony to be studied for policy clues

Bernanke testimony to be studied for policy clues
Submitted by Fox First at Ten on May 22nd
By MARTIN CRUTSINGERAP Economics Writer WASHINGTON (AP) - When Ben Bernanke testifies about the U.S. economy Wednesday, the Federal Reserve chairman's words will be examined for any clues that the Fed might soon taper - or increase - its support for the economy. The Fed is pursuing an

LinkedIn looks to build on its impressive resume

LinkedIn looks to build on its impressive resume
Submitted by Fox First at Ten on May 13th
By MICHAEL LIEDTKEAP Technology Writer MOUNTAIN VIEW, Calif. (AP) - LinkedIn and Facebook will celebrate the anniversaries of their IPOs just a few days apart this week. But their experiences as publicly traded companies couldn't be more different. LinkedIn Corp. promotes its service as a

LinkedIn looks to build on its impressive resume

LinkedIn looks to build on its impressive resume
Submitted by Fox First at Ten on May 13th
By MICHAEL LIEDTKEAP Technology Writer MOUNTAIN VIEW, Calif. (AP) - LinkedIn and Facebook will celebrate the anniversaries of their IPOs just a few days apart this week. But their experiences as publicly traded companies couldn't be more different. LinkedIn Corp. promotes its service as a

Average on 30-year US mortgage rises to 3.42 pct.

Average on 30-year US mortgage rises to 3.42 pct.
Submitted by Fox First at Ten on May 9th
By MARCY GORDONAP Business Writer WASHINGTON (AP) - Average U.S. mortgage rates rose this week but remained near historic lows. Cheaper mortgages have encouraged more home buying and refinancing. Mortgage buyer Freddie Mac said Thursday that the average rate for the 30-year fixed mortgage edged up

Late-payment rate on mortgages tumbled in 1Q

Late-payment rate on mortgages tumbled in 1Q
Submitted by Fox First at Ten on May 8th
By ALEX VEIGAAP Real Estate Writer LOS ANGELES (AP) - A resurgent housing market, rising home values and steady job gains are helping more U.S. homeowners stay on top of their mortgage payments. The percentage of mortgage holders at least two months behind on their payments fell by 21 percent in

US home prices up 9.3 pct., most in nearly 7 years

US home prices up 9.3 pct., most in nearly 7 years
Submitted by Fox First at Ten on April 30th
By CHRISTOPHER S. RUGABERAP Economics Writer WASHINGTON (AP) - U.S. home prices rose 9.3 percent in February compared with a year ago, the most in nearly seven years. The gains were driven by a growing number of buyers who bid on a limited supply of homes. The Standard & Poor's/Case-Shiller

The South: A near-solid block against 'Obamacare'

The South: A near-solid block against 'Obamacare'
Submitted by Fox First at Ten on March 30th
By BILL BARROWAssociated Press ATLANTA (AP) - As more Republicans give in to President Barack Obama's health-care overhaul, an opposition bloc remains across the South, including from governors who lead some of the nation's poorest and unhealthiest states. "Not in South Carolina," Gov.

The South: A near-solid block against 'Obamacare'

The South: A near-solid block against 'Obamacare'
Submitted by Fox First at Ten on March 30th
By BILL BARROWAssociated Press ATLANTA (AP) - As more Republicans give in to President Barack Obama's health-care overhaul, an opposition bloc remains across the South, including from governors who lead some of the nation's poorest and unhealthiest states. "Not in South Carolina," Gov.