Archive for September, 2010

More mortgage distress in the air

Price slide likely to continue as shadow inventory comes to light Several years after the foreclosure crisis hit the Chicago area, a quiet new storm of homeowner troubles is on the horizon. (10 mins ago)

Harrisburg, Pennsylvania Votes for Bankruptcy Lawyers

The City Council of Harrisburg, Pennsylvania, capital of the sixth most-populous U.S. state, voted to hire lawyers to explore seeking bankruptcy protection. (10 mins ago)

It’s all about the greenback, even when it’s not

Onwards, upwards and possibly over the edgewards goes the dollar. (12 mins ago)

Veterans Journal: VA claims backlog blamed on poor training

Representatives of the American Federation of Government Employees and the National Veterans Affairs Council told the House Committee on Veterans Affairs this month that the Veterans Benefits Administration needs to revamp its employee-training program. (1 hour ago)

Credit Crunch Gives ‘Microlending’ a Boost

If you think “microlending” is just about helping a street vendor in India buy a cart or getting a new sewing machine for a seamstress in Tanzania, think again. There are plenty of ways to help someone out here at home. (46 mins ago)

FOREX: Dollar Ends the Week at Seven-Month Lows as Risk Appetite Surges, US Data Disappoints

Scanning the financial headlines and taking a perfunctory look at the economic docket, we could come up with a simple explanation to the remarkable market develops into the end of the week. (12 mins ago)

A new library for Pell City

Newspapers and libraries have a special bond. At least most journalists value libraries we don’t actually know if the feeling is reciprocated. In any case, when a city gets excited about the possibility of expanding a library or building a new one, we get excited too. (1 hour ago)

India Day Ahead: Billionaire Ambani Leads Loan Surge; Coal Price to Rise

India’s syndicated loans are climbing to a record as the government turns to private companies led by billionaire Anil Ambani after failing to build enough roads, railways and power plants to keep pace with the world’s third-fastest growing economy. (2 mins ago)

Colorado Gets Green Light To Join Pac-10 In 2011

University of Colorado regents on Tuesday authorized the school’s chancellor to move forward with plans for the school to join the Pac-10 on July 1. (4 mins ago)

Mansion in Arlington’s Estates on Rush Creek to be auctioned

A 22,000-square-foot mansion in Arlington’s exclusive Estates on Rush Creek, auctioned in 2008 by federal authorities as part of an Internet drug case, is heading back to the auction block. (51 mins ago)