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Archive for January, 2010

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Democratic infighting over demands by moderates to turn over some of Congress’ decision-making power on taxes and spending programs to a special deficit commission is complicating prospects for a must-pass borrowing bill headed for the Senate floor.

Losing a job can put a family’s finances in turmoil, so it’s important repair any damage once you land new employment.

Stocks got carried away about the recovery. That at least is one interpretation of two curious market moves so far this earnings season.

You know the foreboding you feel while watching the steamier Greek tragedies, when dynasties are falling and sons are marrying their mothers and everyone is behaving badly and you are thinking: Really, things cannot continue like this.

We were blindsided. We never saw it coming. So said Goldman Sachs CEO Lloyd Blankfein of the financial crisis of 2008.

LOS ANGELES - Documents released Thursday show placement agents have received more than $125 million in fees from private investment funds for getting business with the giant California Public Employees’ Retirement System.

A record 2.8 million households were threatened with foreclosure, and that number is expected to rise this year as more unemployed and cash-strapped homeowners fall behind on their mortgages.

Medical records for about 15,500 Northern California Kaiser patients - about 9,000 of them in the Bay Area - were compromised after thieves stole an external drive from a Kaiser employee’s car last month, Kaiser officials said Tuesday.

The Bank of Canada backed away Monday from its recent warnings about a real estate bubble in Canada.

U.S. home loan rates could rise by as much as three-quarters of a percentage point in the spring as the Federal Reserve ends its mortgage bonds purchase program, a top Fed policymaker said in an interview published on Saturday.

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