Word: latested
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...Then one thing goes wrong. "Perhaps someone loses a job in the latest round of layoffs, one of more than 3.5 million jobs lost since this recession began," Obama said. "Or maybe a child gets sick, or a spouse has his or her hours cut. In the past, if you found yourself in a situation like this, you could have sold your home and bought a smaller one with more affordable payments. Or you could have refinanced your home at a lower rate. But today home values have fallen so sharply that even if you make a large down payment...
...Brutal Game There are about 75 million homeowners in America, according to the U.S. census. The latest gloomy estimates suggest that upwards of 6.4 million homes are at risk of sinking into foreclosure by the end of 2012. That number has no precedent, and its impact is only beginning to register. Populist pundits have struck a nerve with angry denunciations of Obama's plan. "See if we really want to subsidize the losers' mortgages," CNBC's Rick Santelli demanded - and the gut level reaction of millions of taxpayers across the country was, unquestionably, no. Not if we have a choice...
It’s too bad that “Madea Goes to Jail”—Tyler Perry’s latest film adaptation of one of his countless plays—is not principally concerned with Madea, nor with her going to jail. After playing the quick-witted, ill-tempered, church-resistant elderly woman in two other films (“Diary of a Mad Black Woman,” “Madea’s Family Reunion”), Tyler Perry has here subordinated the storyline of his most interesting alter...
...latest way for the government to decide what it should do with troubled banks is to put them though what it calls a "stress test". The criteria that will be used, among others, is how a bank will do if unemployment rises to 10% and housing prices drop another 25%. Those conducting the tests don't think the economy will get that bad, but they plan to set the bar as high as possible...
...Labour veteran had lost something potentially far more inconvenient than a wallet: the password to his Hotmail account. He is the latest - and highest profile - victim of a widespread "phishing" scam, which starts when the target receives an e-mail warning that the account will be suspended unless he or she revalidates it by clicking a link. This leads to a phony website that demands the account password. The scammers immediately hijack the account and use the address book to send out phishing letters. Often the supposed sender explains that he or she is "really sorry I didn't inform...