By Nick Zieminski Reuters High U.S. unemployment keeps pushing up the rate of mortgage delinquencies, which could in turn drive personal bankruptcies and home foreclosures, monthly data from the Equifax Inc credit…
Tag: Financial News
Federal Reserve Admits Hiding Gold Swap Arrangements
Press Release Source: Gold Anti-Trust Action Committee Inc. On Wednesday September 23, 2009, 9:30 am EDT MANCHESTER, Conn.–(BUSINESS WIRE)–The Federal Reserve System has disclosed to the Gold Anti-Trust Action Committee Inc. that…
Moody’s Accused of Issuing Inflated Ratings
Reuters Wednesday, September 23, 2009 A former analyst with Moody’s Corp has accused the credit ratings agency of issuing inflated ratings, and has taken his concerns to U.S. congressional investigators, the Wall…
Majority of Canadian employees living paycheque to paycheque
Hello dear fellow Canadians. I believe we are in big financial trouble. I just came across this yahoo news press release that has me worried and concerned for our financial future. Sixty…
Gold Reaches $1000!
Gold futures for December delivery touches 1000, the highest level since February. Spot gold also rises to 6-month high at 997.2. However, investors should beware that volume is thin and pullback may…
U.S. unemployment rate jumps to 26-year high of 9.7%
The U.S. unemployment rate jumped to a 26-year high of 9.7% in August as nonfarm payrolls fell by 216,000, the 20th consecutive monthly decline, the Labor Department estimated Friday. U.S. payrolls have…