The aid, about $3 billion, comes against the backdrop of a weakening economy, high unemployment and a housing market destabilized by foreclosures.
Wells Fargo customers seeking help to pay their mortgages. The government put $3 billion more into programs to stop the jobless from losing their homes.
As the American economic recovery wavers, evidence is mounting that growth overseas is also slowing and may be unable to sustain the fragile rebound in the United States.
Lenders wrote off as uncollectible $11.1 billion in home equity loans and $19.9 billion in home equity lines of credit in 2009.
The strong growth of electronic books has altered the way consumers browse and buy books, forcing big bookstore chains to find new ways to attract shoppers.
Facebook said it would not support a proposal by Google and Verizon to regulate Internet access, while an AT&T; executive called the plan a “reasonable framework.”
The decision to buy up debt was a fairly easy one. But even Ben S. Bernanke has expressed uncertainty about whether the strategy will work.
Extensive renovation plans for the historic site in England have been furthered delayed because of government budget cuts.
The Android App Inventor from Google is intended to help nontechnical types create their own apps. An intrepid explorer plunges into do-it-yourself territory.
For 48 hours, the airline said nothing about the matter, an unusual course for a company known for skillfully cultivating the public through social media.
Security experts are trying to raise awareness about the potential dangers of geotags, bits of GPS data that identify where a photo or video was taken.
To improve operations, the online grocer has created a real-time database to follow every step — and misstep — of each business day.
Robert F. X. Sillerman's latest run at CKX has many issues that need to be resolved, enough that the bid rises to "deal from hell" status, according to the Deal Professor.
Consumer safety groups are asking the F.T.C. to order Enterprise Rent-A-Car to fix vehicles with a safety recall before renting them to consumers.
Financial planner Carl Richards has been explaining the basics of money through simple graphs and diagrams.
August 10, 2010
August 10, 2010
August 6, 2010