Written by Mary Ellen Podmolik, Published on Chicago Tribune
The Consumer Financial Protection Bureau is planning a Thursday morning announcement of new lending rules that it hopes will move the mortgage market toward a sustainable middle ground, somewhere in between the free-wheeling days of no-documentation loans and the current, restrictive environment.
Written by Scott Hamilton & Jennifer Ryan, Published on Bloomberg
Bank of England policy makers refrained from adding further stimulus to the U.K. economy today after their new credit-boosting program showed signs of success.
Written by STEVE ROTHWELL AP, Published on Daily Finance
Stocks held on to the week’s gains after a report showed that hiring held up in December, keeping the Dow on track for its best week in more than six months.
Written by Xiaoyi Shao and Koh Gui Qing, Published on Reuters
China’s export growth rebounded surprisingly sharply to a seven-month high in December, a strong finish to the year after seven straight quarters of slowdown, but subdued global demand means that the spike may not herald an enduring recovery.
Written by KAREN MATTHEWS, Published on Huffington Post
The New York City brokerage firm that lost 658 employees in the Sept. 11 terror attacks announced that it will “adopt” 19 schools in communities hit hard by Superstorm Sandy and will give each family in those schools $1,000 to spend as they see fit.