Word: financees
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Some dealers thought credit [worthiness] could be an issue, but customers cashing in on the program seemed to have no trouble finding financing. What happened? For one thing, the CFC incentive was used as all or part of the consumers' down payment, automatically increasing loan-approval rates - the bigger the...
The first batch of numbers instilling hope that we've arrived at a bottom shows that house prices are beginning to creep back up. The S&P/Case-Shiller index of home prices in 20 cities saw a 1.4% gain between May and June. That's only the second time the index...
Kerry has also emerged as a problem solver on health care. The Obama Administration had rejected Senate Finance Committee chairman Max Baucus' idea to tax some health-care benefits because it would raise taxes on the middle class. When Baucus' panel came up $320 billion short of paying for its...
"I never thought this would be my claim to fame - these weird, dumb things," she says. In the end, it may not be. Though Keeley says the blog generates some extra income each month, the real prize is a book deal she's hoping to sign this fall. The recently...
In Foreign Policy this summer, journalist Reihan Salam predicted that the "macho men's club called finance capitalism" would not survive the present economic ordeal. Provocatively--but correctly--he claimed that this male order rests on foundations considerably older than Ronald Reagan's supply-side revolution. The economic system that...