Archive for the ‘Loans’ Category

Plane with newly-inaugurated Hollande hit by lightning, trip to Germany delayed

Windsor Genova – Fourth Estate Cooperative News Writer Paris, France (4E) – President-elect Francoise Hollande on Tuesday flew to Germany for a eurozone debt crisis meeting with Chancellor Angela Merkel but his plane was hit by lightning and it returned to Paris. He was unhurt and took another plane to resume his flight to Berlin. [...]

U.S. stocks tumble Tuesday over Greek woes

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks fell on the open Tuesday as political uncertainty in Greece kept investors wary and on edge. Just after the opening bell on Wall Street, the Dow Jones Industrial Average slumped 83 points, the Standard & Poor’s 500 Index slid 8 [...]

Gingrich set to endorse rival Romney

Diane Alter – AHN News Reporter Washington, D.C., United States (AHN) – On Wednesday, GOP presidential hopeful Newt Gingrich is set to suspend his presidential bid and back Mitt Romney. In an interview Tuesday with USA Today, Gingrich said he will back Romney’s candidacy and is prepared to campaign for his former foe. In return, [...]

Costco to offer mortgages

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Milk, bananas, bread, paper towels, mortgages. Yup, add mortgages to your Costco shopping list. It’s true; the USA’s largest warehouse membership chain now offers mortgages. After a year of testing the waters, Costco is launching a full service mortgage lending program on [...]

Bank of America sees profits drop

Linda Young – AHN News Writer Charlotte, NC, United States (AHN) – Bank of America Corp. saw its first-quarter profit drop to $653 million, compared to a profit of $2 billion for the same period last year. Earnings were 3 cents per share, down from 17 cent per share a year ago. The bank said [...]

Mortgage rates decline in latest week

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Mortgage rates fell in the week ending April 12. Fixed mortgage rates slid a full tenth of a percent in the latest week, and mark the third consecutive week of declines, mortgage giant Freddie Mac reported Thursday The 15-year fixed rate average [...]

In Kansas, no consensus on how to end ‘dental deserts’

Kansas City, KS, United States (KaiserHealth) – In an ongoing disagreement over how to solve dental care access problems in Kansas, there is one thing no one disputes: the great need. That need was on display in February when the Kansas Dental Charitable Foundation held its eleventh free clinic of the past decade. Known as [...]

Economic growth seen as poison pill to 2012 market

Windsor Genova – AHN News News Writer Delray Beach, FL, United States (AHN) – The S&P is up 10 percent already in the first quarter of 2012. We have had steady growth in the economy and in employment. The markets and the fed have discounted 2.5 percent to 3 percent growth for 2012. Although, we [...]

Stocks flat on the open Wednesday

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – U.S. stocks were little changed on the open Wednesday after a dismal report on durable goods orders. Investors are hoping for big quarterly gains three days before the close of the first quarter of 2012. Just after 10 a.m. on Wall Street, [...]

New Ryan budget would transform Medicare, Medicaid

Washington, DC, United States (KaiserHealth) – The Republican chairman of the House Budget Committee surprised no one today when he released a spending blueprint that would drastically reshape the Medicare and Medicaid programs for the elderly and poor in an attempt to rein in their soaring costs. Democrats predictably pounced on the proposal by Rep. [...]

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