Wednesday, 06 August 2008
Riverbottoms mortgage fraud: Residents deal with fallout Print E-mail
Grace Leong - DAILY HERALD   

For nearly a year, a stately red brick mansion at 515 Sheffield Drive in Vintage On the River, a subdivision in the affluent Riverbottoms area in Provo, has remained vacant, its yellowing front lawn in stark contrast to the manicured, verdant lawns of neighboring luxury homes.

 
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Wednesday, 06 August 2008
Fed leaves rate unchanged Print E-mail
Jeannine Aversa - The Associated Press   

WASHINGTON -- Confronted by problems at every turn -- rising unemployment, shaky growth, credit troubles and creeping inflation -- the Federal Reserve left an important interest rate unchanged, taking a gamble that for now the best move was no move at all.

 
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Tuesday, 05 August 2008
Wall Street extends rally after Fed decision Print E-mail
Joe Bel Bruno - The Associated Press   

NEW YORK -- An already soaring Wall Street extended its advance Tuesday after the Federal Reserve left interest rates unchanged and assuaged some of the market's fears about the economy. The Dow Jones industrial average shot up more than 330 points, and all the major indexes had gains approaching 3 percent.

 
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Tuesday, 05 August 2008
Impact of stimulus plan stifled Print E-mail
Martin Crutsinger - The Associated Press   

WASHINGTON -- Rising prices, falling home values, stagnant wages and tight credit. It's a potent combination that has struck the American consumer hard.

 
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Tuesday, 05 August 2008
Oil prices drop as storm eases Print E-mail
Stevenson Jacobs - The Associated Press   

NEW YORK -- Oil prices plunged to a three-month low Monday, briefly tumbling below $120 a barrel in another huge sell-off after Tropical Storm Edouard seemed less likely to disrupt oil and natural gas output in the Gulf of Mexico.

 
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