Mortgage rates tumble to record low again

Archives

Recent Posts

• Goldman, Morgan Stanley to Pay $557M in Foreclosure-Abuse Settlement
• JPMorgan Cuts Dimon’s Pay, Even as Profit Surges
• Deepening Crisis for the Dreamliner
• In Germany, the Company Car Is a Porsche
• How Obama and the Gun Industry Could Strike a Deal
• Myspace, Act II
• Best Buy May Soon Be A $20 Stock If Elliott Waves Are Right
• Deleveraging Continues More Slowly in Emerging Europe
• Make 2013 the Year to Open Your Own Business
• Green Dot Aims to Take On Banks With Its Mobile-Based Account

Financial Times

• P&G buoyed by return of Lafley May 24, 2013
  A.G. Lafley first became P&G’s chief in 2000 after his predecessor tried to drive through a restructuring plan that had brought chaos and a flurry of profit warnings […]
• News Corp adopts ‘poison pill’ in split May 24, 2013
  Murdoch media empire has appointed new boards to manage groups although Rupert, Lachlan and James will retain seats in both companies […]
• French court eases pressure on Lagarde May 24, 2013
  Decision lifts cloud that had gathered over ex-finance minister’s position as leader of one of the world’s top international institutions […]
• Cybernats ‘bullying’ business into silence May 24, 2013
  The former chancellor’s comments highlight the fierce debate in Scotland fuelled by the release of rival reports by the UK and Scottish governments […]
• Germany shows way on and off the pitch May 24, 2013
  The ascent of Germany, on and off the pitch, has not been lost on UK observers, with policy makers looking to Berlin for economic inspiration […]
• US senators raise flag over SoftBank’s Sprint bid May 24, 2013
  The political opposition does not appear to represent a threat to the deal, but the statements will increase pressure on the White House […]
• Fears of policy panic over secret service May 24, 2013
  Attack has highlighted the risks posed by Islamist-based extremism in the UK and the difficulty of tackling it […]
• Tim Cook: Apple’s quiet leader May 24, 2013
  A robust defence of the technology giant’s tax affairs has bolstered the chief executive’s profile as he emerges from Steve Jobs’ long shadow […]
• Kuroda promises to stabilise bond market May 24, 2013
  BoJ governor vows to curb bond market volatility in an effort to reassure those who fear instability could push up interest rates and damage Japan’s Abe project […]
• Fire in the people’s home May 24, 2013
  Unrest in Stockholm’s suburbs is testing a famed social model amid complaints of racism and the dismantling of public services. By Martin Sandbu and David Crouch […]

Wall Street Journal

• Exxon in Talks With InterOil May 25, 2013
  Exxon Mobil is in exclusive talks with InterOil to invest in the latter's gas assets in Papua New Guinea, a move that could cement the impoverished Southeast Asian country's position as a new significant energy exporter. […]
• Stocks Snap 4-Week Win Streak May 25, 2013
  U.S. stocks were virtually unchanged Friday, posting their first weekly decline in five weeks, as investors weighed the prospects for central-bank stimulus measures and recent volatility in global markets. […]
• Shake-Up Hits Law Firm May 25, 2013
  Growing pains have triggered a management shake-up at Asia-centered law firm King & Wood Mallesons, which made its splashy debut on the world legal stage nearly 15 months ago. […]
• Visa, MasterCard Hit Back on Fees May 25, 2013
  Visa and MasterCard, facing opposition from retail groups to a settlement over transaction fees, asked a judge to rule that their practices for setting the fees aren't anticompetitive. […]
• Bausch & Lomb Unit to Pay $33.5 Million to Resolve Charges May 25, 2013
  Ista Pharmaceuticals has agreed to pay $33.5 million to resolve charges that it promoted its anti-inflammatory drug Xibrom for unapproved uses in an effort to boost sales, the Justice Department said. […]
• Abercrombie & Fitch Posts Loss May 25, 2013
  Teenage-apparel retailer Abercrombie & Fitch reported a sharp drop in quarterly sales, but said it is having success fixing inventory problems. […]
• P&G's Lafley Begins New Talent Hunt May 25, 2013
  Procter & Gamble's A.G. Lafley, newly returned as CEO, must repopulate a depleted pool of top executives as he prepares a major overhaul and considers succession. […]
• Iranian Cyberattacks on U.S. Firms Rise May 25, 2013
  Iranian-backed hackers have escalated a campaign of cyberassaults against U.S. corporations by launching infiltration and surveillance missions, according to U.S. officials. […]
• Hulu Suitors Line Up May 25, 2013
  Yahoo submitted a bid to acquire Hulu, as the Internet company tries to add more high-quality online video that can appeal to advertisers. […]
• Cooling Coffee Prices Hit a 3½-Year Low May 25, 2013
  The latest leg of the drop comes as farmers in Brazil are harvesting new coffee beans even as they haven't finished selling last season's supplies. […]